In a feature article
by Chris Chilton on the Classic & Sports Cars webshite he
says "Were not bankers, but if there's a choice between
sticking our cash in a low-rate savings account or buying a
tidy classic car, we know which wed go for.
Not only do
you get to enjoy the life-affirming experience of driving a
thrilling vintage motor, but your new hobby might just make
you some money: recent research by AXA Art showed the value
of a decent MGA rose 47% in a decade which probably trumps
you need to do a lot of homework, not to mention a thorough
inspection, before piling your spare change into an ageing automobile,
but the opportunities are definitely out there.
With that in
mind, weve picked out 28 classics that we think are ripe
for appreciation. The best bit? Even if values dont rocket,
youll be able to enjoy them on the road".
the C&CS online article
says" built by British Leyland at its lowest ebb, this
muscular 70s coupé saw a beefy American V8 bolted
into the previously underpowered sports car and the result
was something little short of spectacular. As balanced as
the standard MGB, the combination of a low kerbweight and bags
of torque from the thrumming 3.5-litre motor saw the GT transformed
into the proper sports car BL should have been building for
years. Think 0-60 in 8.6secs and 125mph at the top end.
Alas, despite the blistering thrills offered by that uprated
power plant, the V8 iteration was blighted by the torrid reputation
of the badge on its nose and the upgrade simply came too late
in the day to make it a runaway success. Which is great news
for buyers today: just on the cusp of appreciation after decades
in the wilderness, the GT remains affordable despite its relative
rarity (fewer than 2600 were built).
can be found for just north of £10k, with excellent
chrome bumper numbers asking closer to £20k. Prices
are unlikely to rocket, but a 0.4% rise in value according to
Hagerty last year suggests the numbers are creeping up".