Top Class Car value Raises Because of Gold price


Top Class Car  value Raises Because of Gold price
 Top Class Car   value Raises Because of Gold price: Wolrd's Most Top  Rated Car's like Bentley, Ferrari and  Bugatti's ex-factory price   rose  to  28 percent in value last year it was increased higher than the Gold.   Because of Millionaire from Asia region Luxury  Accommodation in London also immensely increased.

Property consultancy Knight Frank, who publishes the index tracks the performance of luxury goods,
said Rich people will put more money in tangible assets that they would benefited from the global economy seems restored.  In July, a rare 1954 Mercedes - Benz W196, which the five-time world champion Formula 1 driver Juan Manuel Fangio of Argentina won two Grand Prix, was auctioned 19.6 million pounds (30.6 million), making it the most expensive car ever sold at an auction.

"This is an asset class that is very rare and it is very desirable," said Andrew Shirley, editor of the report. "Many wealthy people in Asia bought a classic car ... keep in the UK or Europe, they have them  in their garage.They will come and lead meetings."

This is in stark contrast to gold is considered a safe haven in times of need, the cost dropped 23 percent compared to the same period after the 12-year-old Bull Run.  "The thing about gold is that it is felt in the sense that it is a physical thing, but it is not interested in gold ... So much fun classic car, it is still playing, a safe haven but it is you will enjoy, "said Shirley. After a classic car,  the highest growth index were coins and stamps,  9 and 7 percent respectively.  Art has increased in anticipation of the credit crisis, fell 6 percent compared to the same period,  as buyers have become more cautious and selective, he said.

No comments:

Post a Comment








|

Receive All Updates Via Facebook

Please wait..10 Seconds Cancel