Investors are increasingly turning to classic cars as an alternative source of investment, according to new research by classic car insurance broker Footman James. The survey polled 2,000 UK adults and found that over 1 in 5 people are now considering purchasing a classic car as a new investment. The findings come amid ongoing concerns of stock market volatility and with the Bank of England … [Read more...]
Turning back the clock with a classic Mercedes
Mercedes-Benz Swansea turned back the clock this week to celebrate a timeless classic. They hosted a celebration of the famous Mercedes-Benz W123 and commemorated its 40-year anniversary with the Wales launch of a book on the model A former secretary of the MB Owners Club in South Wales, Mark has spent the last 25 years restoring the W123 series for international clients and Mercedes-Benz … [Read more...]
Brits love their classic cars
Classic vehicle insurer, Ageas Insurance Limited, has unveiled the top ten classic cars it covers. Nine out of ten of the cars on the list are British made with the MG B coming in at the number 1 spot. Graham Ellis, Niche/Schemes Underwriter, Personal Motor at Ageas UK said, “When we look at the top vehicles we cover under our Optima Classic Car policy, what really stands out for us is the … [Read more...]