
Maybe having the classic car of your dreams is enough, whether it’s a good investment or not. You’ve always wanted a 1969 Mustang, Dodge Charger, or 1957 Mercedes 300SL (Gullwing). And if you have the cash to spare, you should have one. But it turns out there’s another more tangible reason to buy a classic car, they’re rapidly appreciating. According to by Douglas Ellison and Knight Frank, while traditional collectible investments like watches, art, and coins have appreciated some, (with appreciations of 3%, 5% and 10% in the last 12 months, respectively), collectible cars are stealing the show. Collectible cars have appreciated by 25% in the last 12 months, 111% in the last 5 years, and 469% since 2004. Here are the top ten reasons why classic cars are the best collectible investments.