Classic car

Experts claim high returns from investing in a classic car

classic car
Buy a Ford Cortina Mk1 and you could see its value increase by nearly a fifth in a year (Picture Ford)

Interest rates have been super low for years so rather than investing in a savings account, why not invest in a classic car? And we’re not talking about putting money into a motor with a famous name such as Ferrari, Maserati, Aston Martin or Jaguar.

Experts are claiming that the prices of many cars once considered run of the mill are on the up. It’s been fuelled by enthusiasts who following the pandemic find they have more time and funds on their hands. It means finding an old car might make a more sensible investment than putting your money in the bank.

What age of cars should you look for?

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Scenic Route: Buying old Land Rovers – the Green Flag expert’s guide

Fans will tell you buying old Land Rovers can be a fun and rewarding experience. Old versions of the model we now know as the Defender were the original ‘go anywhere’ vehicle. Ever since its introduction in 1948, the Land Rover is one of the few cars that can truly lay claim to having a cult following. It’s no surprise then that Joe Swash picked a Land Rover for his epic road trip for Green Flag’s Scenic Route series.

Joe’s is a 1985 Land Rover 90 Soft Top, the short wheelbase version fitted with what appears to be a poorly erected tent covering the back seats and load bay. You need a sense of adventure to own and drive a car like Joe’s. It’s also ideal to have a little mechanical knowledge or, at the least, the enthusiasm to roll up your sleeves and get stuck in, learning to fix faults as they arise. And they will – as any Land Rover owner will tell you. Continue reading