We have repeatedly written about the opinion of some people regarding old cars being more reliable than new ones. And Bloomberg published an interesting post dedicated to the Germans’ opinion on the feasibility of buying old cars.
In short, Germans advise buying old cars. But not at all because they are more reliable or better for some other reasons. The point is different – Audi, BMW, Daimler, and Porsche models produced before 1988 have increased in price 4-8 times over the last 13 years!
The leader in price increase is the Porsche 911, over 30 years old, which has grown in price almost 10 times.
According to German bankers, classic cars are an alternative investment and can sometimes be more profitable than collectible wine or paintings. Conclusion: if you decide to bring something from Germany, take a look at Audi, BMW, Daimler, and Porsche from the 1970s-1980s. Who knows, maybe in 10-20 years they will be more valuable than gold… And by the way, pay attention to the trend in Ukraine.
Right now, BMWs from the 80s and other iconic foreign cars of those years in good condition are not cheap at all and are perceived not as old junk, but as classics in their original form.