German bankers are invited to invest in vintage sports cars



[ad_1]

Employees of Suedwestbank of the Federal Republic of Germany recommend that wealthy customers look into the classic car market, namely that they recommend investing in sports cars. 39; era. Bankers have found that from 2005 to 2018, the price of conventional sports cars has increased 4 times. During this period, the country's main stock index (DAX) has only increased by 204%.

Experts note that such an investment is fully justified in terms of profitability and price stability. The demand for alternative investments such as wine or works of art (in contrast to traditional – currency, stocks or bonds) has risen after a financial crisis, writes Bloomberg.

The owners of the Porsche 911 are the main beneficiaries. % Financiers recommend the purchase of expensive cars at least 100 thousand euros – thus offsetting maintenance and insurance.

In 2017, the British bank Coutts ranked the investment in passion, evaluating the profitability of investments in parts, art and cars. According to the results of the most profitable investment was the purchase of classic cars.

It should be noted that in 2017 among luxury items the most expensive works of art – their average cost in auctions increased by 21%. These data are given by the Knight Frank luxury investment index (KFLII).

If you find an error, please select a text and press Ctrl + Enter .

[ad_2]
Source link