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Classic cars continue to 'rev up' market performance

Updated: Jun 5, 2023

We’re pleased to report that classic car market values continue to ride high. The 2023 Knight Frank Index reports classic cars have returned 25% in the last year for investors and 185% over the last decade. So we’ve taken the opportunity to see how TheCarCrowd portfolio stacks up...

Ferrari logo with carcrowd logo and access the inaccessible slogan

Portfolio Performance


Using a wide range of tools in our valuation arsenal, such as ClassicGT's market database and our own in-house proprietary software.


This utilises sales from recent auctions and cars currently for sale on the open market to adjust the average price for that exact make and model, up or down dependant on key factors such as; mileage, import status, overall condition and provenance to give an accurate valuation using real data, against real cars.


Performance for the overall CarCrowd portfolio is strong with a 20% annualised rate of return across the entire portfolio. Our top 3 cars are all showing an annual return rate (ARR%) of over 30%.


We've used this methodology to create these individual asset valuations which you can check out below...

*Previous performance is not a reliable indicator of future returns. When investing your capital is at risk.


'Inflation busters'


With the world record for 'most expensive car sold at auction' being comfortably, blown out of the water last year by a Mercedes-Benz 300 SLR Uhlenhaut Coupé, which sold at Sotheby's auctions for $143m. The market is seeing a resurgence of collectors coming back to the market after the pandemic postponed many car sales.


The release of the Knight Frank Index shows that alternative assets are still great 'inflation busters' with the classic car market being the second highest performing asset class at 185% in the last 10 years, rising 25%. Out-pacing the likes of art, watches and wine.


With this new market performance data we decided now was the perfect time to dive deep into TheCarCrowd portfolio and compare it to the overall market performance.


knight frank luxury investment index bar graph
Knight Frank Index Luxury Investment Index 2023

 


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