The new classics: the cars becoming collector's items
Saturday, February 22, 2020
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As far as investments go, there's little doubt classic cars are one of the most fun. As it turns out, they're not too shabby as a financial decision too. According to a recent AXA XL Art & Lifestyle insurance report on the global classic car market from 2018 to 2019, classic cars have remained stable "against a backdrop of widespread depreciation in passion assets". Specifically, the AXA report noted "an escalation in demand for instant classic cars built over the last 10 years".
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