Investment: Oldtimers should always be bought out of love

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Classic cars should always be bought out of love

Investment: Oldtimers should always be bought out of love-always

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With the MG TF (1953 to 1955) you can drive affordable roadsters. Fans rave about the sheer driving pleasure. Nevertheless, the prices are going down. The typical owners are 65 bis 70 years old – young people can’t do much with the car anymore. Loss of value: From 36,000 (2011) to 27,700 euros (2015).

Source: Getty Images

Investment: Oldtimers should always be bought out of love-bought

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The Biturbo (1981 to 1986) was smaller than the usual Maserati models, but it was also much cheaper. But because of technical problems, he bought one straighta legendary bad reputation. Today, therefore, high maintenance costs discourage purchases. Loss of value: From 9500 euros (2011) to 8900 euros (2015).

Source: picture-alliance / dpa

Investment: Oldtimers should always be bought out of love-oldtimers

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The Jaguar XJ 12 Series III (1979 to 1989) is often available for comparatively little money. But be careful, the maintenance costs can be extremely high. Loss of value: From 15,200 euros (2007) to 14,100 euros (2015).

Source: Thomas doerfer -CC BY-SA 3.0 via Wikimedia Commons

Investment: Oldtimers should always be bought out of love-love

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The British called the TR 7 (1976 to 1981) "The Wedge". The weird coupe completely flopped, today it is representative of the decline of the British auto industryie. Loss of value: From 6900 euros (2007) to 6300 euros (2015).

Source: Charles01 -CC BY-SA 3.0 via Wikimedia Commons

Investment: Oldtimers should always be bought out of love-always

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With a displacement of 8.2 liters, it doesn’t matter how lean you set the engine to be: the fuel consumption of the Cadillac Eldorado Coupe (1976 to 1978) will tear holes in your wallet. And findn you a parking lot with this monster! Loss of value: From 19,200 euros (2007) to 16,500 euros (2015).

Source: CC0 via Wikimedia Commons

Investment: Oldtimers should always be bought out of love-always

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The car may be luxurious. But would you like to drive to the supermarket in a Rolls-Royce Silver Shadow (1977 to 1980) or stop at daycare with it? "Then wiAbout bought an S-Class, Germany is simply Mercedes country, ”says Classic Data expert Brune. Loss of value: From 34,800 euros (2007) to 27,100 euros (2015).

Source: Denver Post via Getty Images

Investment: Oldtimers should always be bought out of love-love

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Loud nailing, sluggish draft – old diesels generally have a hard time being old-timers. The Opel Rekord E (1977 to 1986) is an example of this. Depreciation: From 2400 euros (2007) to 1500 euros (2015).

Source: Opel

Investment: Oldtimers should always be bought out of love-bought

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The Camry was a gray mouse even when it was new – and 30 years later it still is. Some cars just never become coveted collectibles, no matter how old they are. Depreciationt: From 1900 euros (2007) to 1500 euros (2015).

Source: Wikipedia

Investment: Oldtimers should always be bought out of love-oldtimers

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Skoda has enjoyed a good reputation for a number of years. This did not apply to the Skoda 120 (1984 to 1989), the car still exudes old Eastern bloc foul. Loss of value: from 3100 euros (2007) to 2200 euros (2015).

Source: Wikipedia

In times of low interest rates, vintage cars are booming as an investment. Recently, however, the market has cooled down somewhat. Many have misjudged the cost of old cars.

GShiny chrome strips, curved bodies, fine fabrics in the interior – these are the details that make classic car fans rave about. In view of the low interest rates in the past, the performance of cars with H license plates is likely to have caused storms of enthusiasm.

On average, classic car prices have increased between five and six percent in recent years. The Oldtimer Index of the German Association of the Automotive Industry (VDA) rose by 5.6 percent in 2015. This corresponded exactly to the average increase since the beginning of the survey in 1999.

Recently, however, the market has cooled down a bit. In the past three to four months there has been a consolidation, says Frank Wilke, managing director of the nationwide appraisal agency Classic Analytics. Gotz Gollan, CEO of the Privatbank Berlin, which grants pawn loans on classic cars, is also observing a slowdown in dynamics.

The most beautiful Swedish cars in history

Investment: Oldtimers should always be bought out of love-oldtimers

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Isn’t it wonderful? The PV444, better known under the name Buckel-Volvo, is the most likeable Swedish cruiser of all time. Responsible for …

Source: Volvo

Investment: Oldtimers should always be bought out of love-bought

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… are these two gentlemen: Assar Gabrielsson (left) and Gustaf Larson founded Volvo in 1915. At first it was all about ball bearings, but …

Source: Volvo

Investment: Oldtimers should always be bought out of love-oldtimers

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… In 1927, Volvo entered the car business with the OV4 Jakob (left). Another milestone was Europe’s first streamlined car, the Volvo PV36 Carioca from 1935.

Source: Volvo

Investment: Oldtimers should always be bought out of love-bought

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Two classics of the 1960s: The Volvo 144S started the design era of angular lines, which meant a departure from the more rounded Volvo P121S Amazon. It was also legendary …

Source: Volvo

Investment: Oldtimers should always be bought out of love-always

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… the 1961 introduced Volvo 1800E (rear) and its shooting brake version 1800ES launched ten years later – better known under the name Snow White’s coffin.

Source: Volvo

Investment: Oldtimers should always be bought out of love-always

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With the Volvo 850 (here the top version T5R), the last Volvo in the typical angular design came onto the market in 1991, today …

Source: Volvo

Investment: Oldtimers should always be bought out of love-love

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… more elegant, but no less bulky designs dominate, such as the current large SUV XC90.

Source: Volvo

Investment: Oldtimers should always be bought out of love-love

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The Volvo 164 from 1972 and the …

Source: Volvo

Investment: Oldtimers should always be bought out of love-always

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… brand new S90 coming out in 2016. Times change, so do cars.

Source: Volvo

Frank Reichert, head of the Classic Department at ADAC, is critical of oldtimers as a pure investment: “The focus should be on enjoying the historic vehicle. The performance is a nice side effect. "

Because if you want the value of your car to increase, you have to do something for it. And maintenance, care and maintenance for a classic car cost far more than for a halfway modern car.

You have to plan around 1500 to 2000 euros per year for a well-preserved mid-range car from the 1960s to 1980s with a displacement of two liters, says Wilke. For a sports car it could be 5,000 to 7,000 euros.

Bargains have become rarer

“The upper limits are open.” For a Mercedes SL, estimates ADAC expert Reichert, the simple inspection could be in the four to five-digit range.

According to the VDA index, the gullwing Mercedes-Benz 300 SL achieved the highest increase in value over the past 16 years, followed by the VW Bulli (VW Bus T2) and the duck, the Citroën 2CV6. In 2015, the Toyota Celica Coupe from the 1970s was the first Japanese brand to take first place in terms of value appreciation, followed by the Pontiac Firebird and the Porsche 356 from the 1960s.

These cars already have the H license plate?

Investment: Oldtimers should always be bought out of love-bought

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The civilian version of the Lancia Thema came out in 1984, but two years later the Italian manufacturer launched a bullet with a Ferrari engine. The eight-cylinder engine from the 3rd08 GTB Quattrovalvole made a whopping 215 hp in the Lancia Thema 8.32. The Lancia Thema also came out for the first time as a station wagon in 1986.

Source: Lancia

Investment: Oldtimers should always be bought out of love-love

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Introduced three years earlier as the second generation of the Wolfsburg compact car, the VW Golf was also available as a “synchro” all-wheel drive version from 1986, as well as the 16V version shown of the GTI to buy.

Source: VW

Investment: Oldtimers should always be bought out of love-investment

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Number three: the third generation of the Audi 80 also came onto the market in 1986. It was manufactured with a fully galvanized body in the fight against rust.

Source: Audi

Investment: Oldtimers should always be bought out of love-investment

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Power of the cylinders: In 1986 BMW participated in the new product line with a fresh 7 Series. A year later, the brand flagship also got a twelve-cylinder engine – the erste model from a German manufacturer with such a large machine after the end of the Second World War.

Source: BMW

Investment: Oldtimers should always be bought out of love-bought

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Before Porsche came the 944 S in 1986. The front-engined sports car now developed 190 hp.

Source: Porsche

Investment: Oldtimers should always be bought out of love-always

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Finally open again: The Chevrolet Corvette as a convertible was taken back into the range after ten years of abstinence from fresh air.

Source: Chevrolet

Investment: Oldtimers should always be bought out of love-always

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With a 150 hp rotary engine, the Mazda RX-7 sports car was also available in Europe a year after its market launch in Japan – under the name FC. Interested parties who aIf vintage cars are looking for approved turbo models, they will have to be patient until 2017.

Source: Mazda

Investment: Oldtimers should always be bought out of love-oldtimers

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In 1986 the Opel Omega not only replaced the record built over 30 years in many generations, it also shone with a low drag coefficient of 0.28.

Source: Opel

Investment: Oldtimers should always be bought out of love-love

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Heir to the unforgettable 1800 ES "Snow White’s coffin": The 2016 Volvo 480 ES will also become a classic.

Source: Volvo

The market has become more transparent thanks to online portals and valuation agencies. The Stuttgart oldtimer trade fair Retro Classics (March 17th to 20th) is adding a detailed evaluation list to its trade fair magazine for the first time this year. “It’s no longer a secret science,” says Wilke. "Bargains have become rarer."

In the past one to two years it has become apparent that collection vehicles are getting younger and younger, says Wilke. The collectors fulfilled their childhood dreams from the 1980s and 1990s.

“What is very rare or exotic has a great chance of becoming a youngtimer,” says Reichert. However, the ADAC expert warns. Anyone who is actually thinking of investing their money in oldtimers or so-called youngtimers – older vehicles that are not yet oldtimers – should take a very close look at the property and, if in doubt, seek advice from an expert.

Brand or type clubs could help. Because, according to Reichert: "Wherever there is a lot of money, fraud is not uncommon." Dpa

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