Most car buyers don’t consider purchasing new vehicles to be an investment. In fact, most of us expect our beloved automobiles to depreciate over the years. There are some classic cars, however, that could actually earn you quite a lot of money!
Cars that proved to be great investments come in all shapes and sizes, ranging from a legendary 1960’s Ferrari all the way to the less obvious alternatives, such as a German minibus. Some of the cars on this list are bound to skyrocket in value even further!
Ferrari 250 GTO: $70 Million
What is faster than the iconic Ferrari 250 GTO? Its skyrocketing value that only seems to keep rising. What was once a legendary grand tourer is now renowned for its unbelievable price history. Ferrari only built 36 of them in total, and collectors are prepared to break the bank to get their hands on one of the few units.
Back in 1962, the 250 GTO would set you back $18,000, or $153,000 adjusted for inflation. Today, that same car is worth tens of millions of dollars. In 2018, a 250 GTO sold at auction for a whopping $70 million!