ID: 336  \nPath: /Sample Content/Documents/classic-car-2016-3857.pdf  \nclassic-car-2016-3857.pdf RESIDENTIAL RESEARCH CLASSIC CAR SPECIAL Luxury Investment Index Q1 2016 FERRARI SETS NEW AUCTION RECORD PERFORMANCE IN FOCUS BUILDING A COLLECTION WEALTH REPORT UPDATE LUXURY INVESTMENT INDEX 2 Quality takes centre stage as luxury markets let off steam Classic cars set new records at auction but buyers are becoming more discerning Of the 10 asset classes we include in Knight (KFLII) classic arguably capture imagination than anything else. Not only has their performance terms of price over past decade been staggering thrill owning such visceral and often historic vehicles is hard to beat. I’m therefore delighted that this edition KFLII focuses on these amazing machines including a host fascinating facts figures from our data partner HAGI. I hope you enjoy reading it much did writing researching it. ANDREW SHIRLEY The Wealth Report Editor were once again top performing an annual basis (see graphic page 3) according latest Frank (KFLII). While overall value increased by just 5% 12 months end March – lowest increase since first quarter 2010 outperformed with 17% surge. Fine wine saw second strongest growth up 9% rare coins third position rising 6%. Bordeaux market bouncing back strongly after falling sharply between 2012 2014 while north Italian wines continuing double-digit explains Nick Martin Wine Owners which compiles Icons Index. Coins remain strong demand investment says Keith Heddle Stanley Gibbons. 1933 Pattern Penny smashed world record for copper or bronze coin when went under hammer Baldwins £72 000 May 1839 Queen Victoria proof sold £504 double previous last September. Art furniture biggest losers dropping 6% respectively. “We seeing natural correction rates weren’t sustainable ” Viola Raikhel-Bolot art advisor 1858 Ltd. “However stellar prices still being paid really important works fresh she adds. Recent suggest car also decelerated shorter term despite highest sterling euro ever achieved auction. Since beginning year HAGI Top tracks 50 world’s most desirable motor risen 1%. “May was month index didn’t move all founder Dietrich Hatlapa. “The treading water 2015 he But Mr Hatlapa talk “bursting bubbles” premature. “This about gone quiet. Good selling very well less hurry perception they now have time track down what want via dealer rather getting into bidding war auction.” This evidenced some recent relatively lacklustre auctions UK Monaco where many remained unsold failing meet low estimates. James Group Motoring Director auctioneer Bonhams not surprised “A so ago said letting had become fashionable acquire could be bought every weekend year. collectors wanting buy examples naturally feel they’re paying fair price. They will find homes if priced accordingly - perhaps 20% highs couple years ago. Only ‘best-inclass’ knock door high levels.” there interest bidders willing pay £3m Jaguar C-Type original condition auctioned 2016. £5.75m. However standout sale cover star gorgeous 1957 Ferrari 335 S Scaglietti fetched €32.1m (£24.7m) Paris Artcurial Retromobile Salon event February. car’s virtues explain why Ferraris dominate rankings rarefied group 60 total equivalent £5m 4). “Ferrari produced hand-made small series always competition pedigree.” don’t need big cat prancing stallion bonnet achieve eye-watering prices. At same Citroen CV Sahara almost €192 way its estimate €90 000. 3 versus other (to 2016) FTSE 100 PCL* CARS 10-year volatility GOLD 20 Most volatile £ 600 15 % Volatility 400 300 200 5 0 06 07 08 09 11 13 14 16 *Knight Prime Central London Residential Source Research Gold Cars Stamps Coloured Diamonds Jewellery Chinese ceramics Watches Furniture (Q1 2006=100) 500 Based points YEARS MONTHS class 2016*) ANTIQUE FURNITURE -6% ART -5% CHINESE CERAMICS 12% -22% -2% 16% COLOURED DIAMONDS 1% STAMPS 21% WATCHES 65% 37 129% -30% 32% 31% JEWELLERY 133% 163% *Except stamps updated annually. diamond bi-annual until Q2 2014. See details suppliers COINS WINE 50% 63% 73% 195% 206% 4% 189% 245% 161% 467% Least 4 OTHERS MERCEDES-BENZ BUGATTI JAGUAR MCLAREN ALFA ROMEO Under ASTON MARTIN BENTLEY DUESENBERG FORD With help look nuts bolts PORSCHE marques Endurance race Number (all time) Five-year change era* 1950/60s 300% 1970s 280% 250 67 33% 41 1 6 150 *B  ased representative models sub production Podium finish Buyers guide Affordable/ overlooked classics bracket Annual marque (12 +3% +16% £1 £500 365 GTC/4 (71-72) £1.0m Pegaso Z102 1951-1958 £250 Aston DB2/4 (53-57) £150 Facel Vega HK (54-62) Chequered flag 9.71 £100 Bristol 411 (69-76) 000PORSCHE (51-58) (51-58 Modern supercars 200% Pre-war 110% +11% 1990s 250% 1980s 220% 24.5% 5.62% Best model sold%at key collectors’ marques* £50 Jensen Interceptor (66-76) £25 MGB Roadster (62-80) MERCEDES £6.5mer (1982) e 956 Zagato (1962) £1.0mDB4 GT ) eo Alfa Rom £8.5might (1953) £5.9Prixm (1935) Lightwe 35 Grand kin lower Bir 4.5 litre B 1931 Duesenberg Model J Mercedes-Benz £18.8m W 196 Prix Ford entley £7.0 m 1929 £5.1m Sport (1957) F1 LM (1998) (1931 8C £24.7m £8.8m £6.3m Romeo d McLaren g Duesenber £10 £9.4m ns winn Le Ma SEC (81-91) PorschSEC 40 (1929) 1998 8) (196 *Prices converted exchange rate prevailing Driving passion Record-breaking may headlines spend millions build collection entrepreneur enthusiast Sean Nutley Andrew Shirley potential come shapes sizes collector left right 1982 XJS Coupe 5.3 V12 Series 88” Land Rover Station Wagon 1971 Lancia Fulvia Saloon 1.3S What inspired start collecting cars? my blood. My dad coachbuilder who younger used hand panels like Martins needed repairing brothers I’d hours watching him his workshop. That love affair began blossomed around Having company modern XKR walked Essex showroom JD Classics near live. simply spellbound level restoration amazing. AS do your own collection? SN I’ve owned sorts quite few sold. Mark E-Type 1954 XK120 fastest speed 140 mph got Rolls Royce 1976 Silver Shadow two Rovers. favourite XJ12 owner spent restoring looks stunning. Is regret buying? really. even managed make profit Renault drunken karaoke session France. actually buying something. DB4 £90 2007 it’s one mind better DB5 accountant told me invest cars. worth £300 today. Do driving experience stands out special? It took We belted A12 grinning ear ear. Like generation wasn’t emotional man later found he’d friend best life. loved think motivation lot something fell growing up. would advice anybody thinking investing should viewed investments? definitely made money lucky enough turn hobby bit business. add diversity portfolio that’s reason done collect because them. Definitely research cherry pick undervalued popular drive happy. wouldn’t couldn’t afford lose rely any fund pension. Which times going future? 348 hidden gem XJ 220 F40. (a reboot iconic Mans winning GT40 built 2004 2006) continue rise value. supercar Jaguars Mercedes late early Delta Integrales shooting Anything kind heritage VW Camper Vans piece buying. Rovers stopped making Defender. CEO Lumina 8 www.luminaprime8.co.uk GLOBAL BRIEFING For news views analysis prime property visit KnightFrankblog.com/global-briefing Data digest theoretical basket selected collectable using existing third-party indices below). Each weighted reflect relative importance within basket. widely media analysts each can take no responsibility accuracy independence methodological differences affect like-for-like comparisons. does account dealing storage management costs. Methodological impact +44 1234 720534 andrew.shirley#knightfrank.com Media & Marketing Jamie Obertelli 7861 1104 jamie.obertelli#knightfrank.com Mar-06 Sep-06 Mar-07 Sep-07 Mar-08 Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16 105 115 129 151 166 173 164 178 193 201 211 217 226 241 256 263 276 291 289 12-month SOURCES AMRD AMRD Antique 15% 23% 28% -4% 13% 10% 8% 7% 11% Historic Automobile International (HAGI) 93% 92% 85% 68% 45% 48% 61% 66% Gibbons diamonds Fancy Color Foundation Please contact Front Pierre Bardinon collection. Auctioned Motor February ©Artcurial Photographe Christian Contacts acknowledgements provides strategic consultancy services forecasting wide range clients worldwide developers investors funding organisations corporate institutions public sector. All recognise expert independent customised specific needs. www.historicautogroup.com www.stanleygibbons.com www.wineowners.com www.fcresearch.org www.artmarketresearch.com. movement sculpture silver porcelain toys carpets clocks photography prints collectibles. 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