Motorclassica shows how ageing gracefully can have massive monetary upside

Motorclassica shows how ageing gracefully can have massive monetary upside


AGEING gracefully may seem an almost noble pursuit these days, but it might be easier for some when there’s money to be made from it. Human adjustments aside, new research suggests old can be beautiful where sales of classic cars are concerned where annual uplifts as high as 28 per cent are apparently a reality.

But we’ll get to that in a moment.

Those into classic, vintage or veteran motorcars or cycles can get their fill of antique metal this weekend at Melbourne’s Motorclassica 2018 extravaganza. More than 160 pristine, rare and desirable machines representing the best from collections around Australia and beyond are being displayed during the two-day event.

There’s impressive new stuff in the mix, as well. Peppered among the old beauties in the World Heritage-listed Royal Exhibition Building are an array of modern desirables that are defiantly worth a look.

British technology company McLaren is showcasing its newest Sports and Ultimate series additions in the 600LT and Senna respectively.

And Mercedes-Benz is celebrating its sixth annual partnership with the event by premiering some of its latest editions alongside historic favourites.

The yet-to-be-released member of the C-Class performance family, the 2019 Mercedes-AMG C 63 S, is parked beside its predecessor, an original C 36 AMG. That car was Formula One’s first official safety car in 1996, a tradition continued this year with the use of the Mercedes-AMG GT R as the 2018 safety vehicle.

‘If new research is anything to go by, picking up something old over something new can provide something much richer than pure driving pleasure.’

The latter was one of two notable sports car stars from the German marque on display at Motorclassica 2018 - the second of which happens to be a beautifully restored example of Madam Wheels’ dream car, the Mercedes-Benz 300 SL Roadster.

The so-called “G-Wagen” - celebrating its 35th year since first being sold into the Australian market - appears in new - and old-form with its latest iteration, the Mercedes-AMG G 63, standing alongside an original Australian-delivered 1983 G 300 GD.

But Motorclassica fans will wisely not overlook the investment-grade talent among the classic pool cars in the mix. If new research out of the United Kingdom is anything to go by, picking up something old over something new can provide something much richer than pure driving pleasure.

Following the record-breaking sale of a Ferrari 250 GTO in August at RM Sotheby's for $US48,405,000, British price-price-comparison website MoneySuperMarket created an infographic illustrating 17 of the world’s most valuable classic car sales. Ferrari, Mercedes-Benz and Bentley feature prominently as favourites.

We feature the top three here:

1. Ferrari 250 GTO: Built in 1962, only 36 of this car were made. This one, made specifically for Formula One racer Sir Stirling Moss, sold for $48,405,000 in August 2018.

2. Mercedes-Benz W196: A former Formula One frequenter, the 1954 W196 won nine of the 12 races it entered, and earned $29,600,000 at sale in 2013.

3. Aston Martin DBR1: One of three race cars to have won both the 1958 World Sports Car Championship and the Le Mans 24 Hours, this car sold in 2017 for $22,550,000.

See the full list on the MoneySuperMarket site.