After years of price rise, vintage car market cools down

After years of massive growth, the cost of classic cars has stopped skyrocketing and they might not be seen as the clever choice for rich investors.

With international rate of interest at ultra-low levels and stock exchange in the doldrums, vintage cars had actually joined home, paintings, and wine as appealing alternative financial investments.

As an outcome, costs of cars like traditional Porsches and Jaguars rose around 16 percent in both 2014 and 2015 following a near 47 percent rise in 2013, according to information from Historic Automobile Group International (HAGI).

Since 2012, average costs increased by around 1 percent, as per HAGI.