Generally, investors will argue against vehicles as a good asset to spend money on. Traditional cars and other vehicle types will only go down in value, so why bother investing in them? That being said, several vehicles provide a surprisingly good return on investment when compared with the more typical options.
Today’s blog post will run through some of the best vehicles for you to invest in if you actually want to make money. You’ll see the options, complete with explanations about why they’ll generate a good Return of Investment.
Classic/Vintage Cars
The average car is a terrible investment; after the first year of owning a brand-new car, it can depreciate by 15-35%. That’s pretty much the worst thing you could hope for from an investment, and it’s not one of those assets that has to go down before it comes back up.
On the other hand, if you broaden your vehicular search and look at classic or vintage cars, then you’ve got an excellent investment on your hands. Find classic cars that are either no longer being made or have a certain sentimental value attached to them. Cars that featured in films are often great investment opportunities – like the iconic Mini Cooper from The Italian Job. People want to buy them because they’re iconic, and here are some others you may wish to consider:
- Vintage Porsche 911’s
- Old American muscle cars – like a classic Ford Mustang
- Vintage Jaguar E-Types
Not only will classic cars go up in value, but they’ll also provide another form of return from your investment. You can lease them out to vintage car shows and put them on display for people to see. If you go around the whole car show circuit, you can easily recuperate a few thousand dollars per year from this alone.
Luxury Yachts
You will find a fantastic range of luxury sailing yachts for sale that create wonderful investment opportunities. The thing with luxury yachts is that they’re rare and incredibly useful. Manufacturers don’t tend to make thousands of the same yacht because it would be too costly. This puts you in the brilliant position of potentially owning something that nobody else has. From there, the immediate benefit is that your yacht can hold its value, especially when well taken care of.
Furthermore, a luxury yacht can be used as a potential business opportunity for investors. Treat it in the same way as you’d treat a holiday home investment. It’s yours to use as you please, yet when you’re not using it, other people can. Put your yacht up to be chartered or rented to holidaygoers to recover some money from it.
It’s effectively an Airbnb on the water – you’ll be amazed at how much money you can earn from a luxury yacht over one singular summer. You may also make upgrades or improvements to help raise your yacht's resale value over time, which means you can eventually sell it for a profit. The key with this investment is that it has to be a luxury yacht – the same approach won’t yield a long-term return if you buy, say, a normal sailboat.
Limited Edition Vehicles
Invest in any limited edition vehicle to get your hands on a fabulous investment. Some of these vehicles will fall under the “classic car” category from earlier, but others will not. While you can look at any type of vehicle for this investment idea, most people are looking at cars. Why? Because they’re the most accessible and easiest to find – but why is a limited edition vehicle a good investment?
In short, limited edition vehicles are extremely rare. They’re normally not in production anymore, and only a small number were made in the first place. When there’s almost zero supply for an asset, it will only ever go up in value. You will normally find two types of limited edition vehicles:
- Special edition versions of regular vehicles
- Low-production vehicles
In the first category, you’ll find things like the Hyundai Tucson Walking Dead, a completely random version of an otherwise normal production car. For the second, you have things like the Aston Martin Valkyrie or the Mercedes AMG One – both of which saw under 300 cars in production worldwide.
Enjoy Good Return of Invesment from Your Chosen Vehicle
In conclusion, certain vehicle types will yield impressive returns and offer fantastic investment possibilities. Don’t shy away from all vehicles because some are bad investments. If anything, dipping into classic cars, luxury yachts, and limited edition vehicles will be an excellent way of diversifying your investments and protecting your funds in the long term.
