New figures released today show that a ‘70s Ford provides an even better return on investment than a Ferrari bought in the same era.
ClassicCarAuctionResults.co.uk has shown that in the past two years, 1970s Ferraris have been trading at 3.2 times their original cost. However, 1970s Fords have been trading at, on average, 3.4 times their original cost. This stat is made more interesting when you consider how much cheaper Fords were to buy compared to their classic rival.
It’s not only Ford that is experiencing fantastic financial returns. The best return on investment comes from two other big names; Aston Martin and BMW. These two motoring giants are now trading at 4.4 times and 5.6 times their 1990s price respectively. This puts Ferrari fourth on the grid.
However, a spokesperson from CCAR has explained that while they may have lower returns, Ferraris are still a financially sound investment.
“Using a 5 point moving average to easily view trends we can see that Aston Martin and BMW have enjoyed a steep rise and subsequent stabilisation of values over the past 10 years,” they said.
The spokesperson continued: “If you, or your parents, put money into a ‘70s classic back in 1990, then an Aston, BMW or Ford would have made you the most return on your investment. Prices of ‘70s Ferraris at UK auctions, however, are rising more steadily but look as if they could overtake BMW and Aston in terms of price increase.”
This is the latest piece of good news for Ford, after it was recently announced that the Ford Mustang is Britain’s most popular performance car, despite only being on UK roads since 2015.