How Classic cars offer an interesting return on investment

As all car lovers know, purchasing a classic car is about much more than getting around in style. It’s owning a piece of motoring history – and getting to hear the sound of a vintage engine rumbling into life.

As well as being a piece of art, buying a vintage car can be a good investment. That’s why MoneySuperMarket have put together a list of some of the most valuable car sales yet.

Research has shown that classic cars are the best investment for returns, with as much as a 28% return over 12 months and 467% over 10 years. With those kinds of returns, its no wonder that car buyers have increasingly been more willing to shell out some serious cash for truly iconic cars.

And where the classic car is concerned, MoneySupermarket has produced an infographic that lists the most expensive of the vehicles.

At the top, it was the 1962 Ferrari 250 GTO that was the most valuable of all, sealing the number one spot. On 14 August 2014, the classic car was sold for £29,312,466, but is now worth £29,805,983.

It was Mercedes that followed on from Ferrari in second place. A 1954 Mercedes Benz W196 was sold for £22,796,762, but can now be found with a price tag of £23,524,001, demonstrating a rather enviable appreciation. The classic car was previously used in the Formula One and came out as winner in 75 per cent of its 12 races.