1965 Cadillac Fleetwood Eldorado Convertible "Professional Restoration-1 of 2125

Price: - Item location: Pompano Beach, Florida, United States
Description:

1965 Cadillac Eldorado Convertible

1965 Cadillac Eldorado Fleetwood Convertible

1965 Cadillac Fleetwood Eldorado Convertible "Professional Restoration-1 of 2125"

Gorgeous Sheffield Metallic Silver, White Leather with white top

Exterior: Sheffield Metallic Silver (Paint code 92)

Interior: White perforated Leather

Convertible Top: White

Convertible Top Boot: White

Interior carpeting: Red

Padded Dash: Red

Engine: Original (rebuilt) 429 cid V-8 rated at 340HP

Transmission: Three speed auto Hydramatic

Mileage: 65,449 (Exempt)

Serial number:E5193536

Cadillac introduced new styling in every model and the Eldorado was no exception.

This 1965 Cadillac was known as a "Fleetwood Eldorado Convertible" and only 2125 were

produced for the wealthy and Elite loyal Cadillac owners.

This car was fully loaded with the following equipment,,,

Factory Air-conditioning

Power Steering (standard)

Power brakes (Standard)

Power door locks

Power Convertible top

Power windows (standard)

Power vent windows

Adjustable steering wheel

Tinted glass

AM/FM Radio with rear seat speaker

Twilight sentinel (standard)

Firemist paint

Auto Headlamp dimmer

900 X 15 Steel-belted radials

Remote trunk release

Seatbelts

Cruise control (non-functional)

This Cadillac has been professionally restored and has just been completed.

The bills and receipts on this car total almost $70,000

Here is a list of some of the things that were done

1. Most of the chrome and pot metal were removed and sent to Houston,Texas

and were triple plated to show standards.....the chrome looks like fine jewelry.

2.The car was repainted it's factory original color...Metallic Silver Shefield and it is

spectacular.

All the interior is new correct perforated WHITE Leather with a matching white convertible

top.

The interior is beautifully accented with all new red carpeting, red carpeted embroidered floor mats

and a new Red dash .....and topped off with a new snowcrest white Convertible top.

Most of the rubber trim was replace and a new trunk lining was installed.

All the window motors were checked for operation and the power trunk release was repaired so

it now works correctly.

The original AM/FM push button radio was removed and will be included with the sale of this car.

In it's place is a modern Stereo AM/FM and 6 great sounding stereo speakers.

The gas tank was removed, pressure cleaned, resealed and a new fuel gauge sender installed.

The radiator was removed, internally pressured clean and reinstalled with new hoses. The brake system was

completed rebuilt, new brake lines, new brake pads, drums turned, brake cylinders rebuilt and the car stops

quickly with no "pulling" to either side.

The exhaust system is all new from front to back and the undercarriage cleaned and detailed.

The carter AFB was rebuilt and new fuel lines were installed where needed.

The Air cleaner, valve covers and engine compartment were cleaned and painted.

New belts, spark plugs, plug wires, distributor cap, points, condenser, radiator cap, gas cap, vacuum, wiper hoses and rotor

installed and a new set of steel belted WSW tires installed less than 1000 miles ago.

The largest and highest cold cranking amps battery we could find was installed and the car starts up every time....the 1st time.

I drove the car today on the Florida turnpike at speeds ranging from 70 to 90 mph and the car is a real joy to drive. No vibrations,

plenty of power and the brakes work fabulous.

I noticed that the trip odometer works but the mileage is not being advanced. The speedometer does work correctly and the clock is only right

twice a day.

It was a beautiful 80 degree Sunny day in South Florida...we cranked up the stereo...and the next thing we knew, we were in West Palm Beach.

We stopped...had lunch and drove back to our Pompano Beach air-conditioned facility where the car will be stored until it is shipped to

it's next lucky owner.

I realize that it is not Summer like weather in a lot of the U.S. or Canada or Europe...but before you know it.....Spring and Summer will be here

and this is one "Garage Memory" anyone who loves cars would like to find in his or hers garage.

"And best of all...it's a Cadillac!"

We have been selling only the best of the best vintage cars since 2000.......more than 1/3rd of a billion dollars.

Who is Lifestyle 21st Century Auctions?

We also love the fact that we can get to know on a personal basis those who purchase our cars.

Many we buy back after a few years and most purchase another wonderful collectable car from our Museum....Garage Memories.

We welcome any pre-inspection of our cars by an Inspection company that is hiredby a potential buyer. If they have the proper insurance and a valid Driver's license we letthem drive the car as well.

We are extremely proud of the cars we offer which has resulted in a 100% feedback rating for more than 16 years.

We sold our 1st vintage car herein March of 2000. Prior to that, for 40 years we sold almost every car through print media.

We never try to just"Make a sale"because a sale is usually a one time event. Instead, we do our best to "Make a customer"because "a customer is forever and that's a VERY good thing in business."

I would urge you to call me ASAP at 954-873-6495and I will share with you our lowest possible price...we will NOT respondto e-mails requesting this information and will only share this with a live voice on the phone.

If you have a car that is fully restored or completely original and in EXCELLENT condition, we would welcome to take your car in trade.

We are Located in Pompano Beach,between the Palm Beach International Airport (25 miles to the South)

and the Ft. Lauderdale/Hollywood International Airport (20 miles to the North)

We have 966Positive Feedbacks, most are for Vintage cars.

In actuality, we have sold over 3000 vintage cars since 2000!

We hope you'll take a moment and visit the Garage Memories Auto Museum.

We are eagerly looking forward to help you create some of your own wonderful "Garage Memories"

Please Click here to visit Garage Memories to see the fabulous cars we have sold this year.click here

Every car we sell has to be special and unique...no "drivers" "Fixer Uppers" or "20 Footers" just the best of the best!

We love either near perfect "original" cars or cars restored with an "open checkbook" to perfection!

Weunderstand that many collectors who are buying a car like this are doing so for investment purposes

and do not want anyone else to know their final price of acquisition.

Whatever your choice, we will respect your decision. We never disclose to anyone what the final purchase priceis of any of the "GARAGEMEMORIES" we sell.

We have sold almost 1/3 of a billion dollars ofVintagecars

TERMS & CONDITIONS:

Call us at (954)873-6495and we will give you the lowest acceptable price.

The car will be made available for inspection by serious bidders throughout the auction.

Please e-mail us if you would like to see the car. If you prefer, we can arrange to have a qualified, independent, professional

mechanic perform a pre-purchase inspection for you (at your expense).

PLEASE NOTE THAT the owner WILL NOT ACCEPT PAYPAL AS A FORM OF PAYMENT.

THIS IS TRUE FOR BOTH THE INITIAL DEPOSIT AS WELL AS THE FINAL PAYMENT.

Payment acceptable is a bank wire transfer or a verified Bank Cashier's check.

Invest your money in something you just don't "Put in the Bank" but something you can "Drive to the bank and

anywhere else you might choose to do with your family & friends."

Why not have fun with your money? ...enjoy your life and know that when you wake up in the morning your dollars

are still safe in your garage or warehouse&haven't evaporated into thin air!

Car collecting is a family thing...everyone around the world admires and loves these great vintage and collectible cars.

We have sold cars fromAustraliatoAlaska...FromChinatoSaudi Arabia.....FromManhattanto

Moscow....and the hobby keeps growing & expanding all the time.

Collector car insurance is dirt cheap...about $250-$300 a year for a quality collectible like this. and you can buy full coverage!

Due to this car's higher value, most likely $500-$600 a year.

They usually require a garage and not more than 2500-3000miles a year put on the car.

We recommend you only buy a car like this if you have a garage to keep it in.

We are urging you toPLEASEcome and inspect the car in person, drive it or to hire an expert inspector

We prefer you select & hire your own inspector.

If you wish to schedule an appointment to see this car, please call me at (954) 873-6495

This car is owned free and clear by Garage Memories in Pompano Beach, FL.. After you speak with us on the phone, it is possible to have a scanned copy sent directly to you.

We know this is a Platinum investment collectable car..this is a car that you can still drive & enjoy and will

increase in value...not decrease in value.....and if you chose to...you could drive it every day.

We feel very strongly that a car like this will not only hold its value but in years to come will continue to appreciate.

Please don't buy a Museum quality car like this unless you have a garage to store it inside.

We do notbelieve this carhas ever been left outside.

You can look at this car in bright outdoor sunlight or indoors under halogen or florescent light...it still looks spectacular

....but don't take our word...PLEASE...come and check it out yourself. We don't like surprises.

Our goal not's to give you any....this is a NO DISAPPOINTMENT collectibleclassic!

As with all of our fine cars...we invite you and urge your personal inspection. If you see it....and drive it...you will buy it!

SHIPPING: Many of my friends and fellow collectors have shipped literally 1000's of cars over the past many years...

all with a great gal named Mary Olson who owns Crossroads Transport...We will be happy to give you her e-mail & telephone

& connect you up on a DIRECT basis with Mary and she can handle any shipping needs...this car should be shipped ENCLOSED!

OUT-OF-THE-USA SHIPPING: Over the past 56 yearswe have shipped cars to more than 40 countries...

We can put you in contact with Mary Olson who will give you great service at a fair price.

For financing...trywww.jjbest.comorwww.woodsidecredit.com

If you have a trade...please e-mail us atluvdg@aol.coma complete set of photos

....details and a phone number.

Also, we have contact with shippers throughout theU.S.and WORLDWIDE...We will be happy to assist you.

WHAT ABOUT A TRADE?

We accept most anything in trade but no projects please

We will only accept cars of the quality, correctness and authenticity that we sell.

We will consider any nice vintage or antique car or late model Luxury car with a clean CARFAX & CARCHECK report.

Please call us first and discuss this with us..and if we have an interest, we would then have you e-mail a complete set of photos and details.

E-MAIL the photos of your trade or trades toluvdg@aol.com

Thanks and best of luck!

AS IS - NO WARRANTY This vehicle is being sold as is, where is with no warranty, expressed written or implied. The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgement solely. The seller shall and will make every reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.

There is no such thing as a "PERFECT" car...especially when dealing with vintage cars that are 25,35 and even 50 years old.

Arranging for an independent third-party inspection is a great way to validate a seller's claims about a vehicle's condition. There are many companies and individuals who offer such a service. Of course your personal inspection and scrutiny are suggested and most welcomed.

The seller has made a diligent effort to accurately describe this vehicle but does not expressly or implicitly guarantee the accuracy of the above description.

Bidders and prospective purchasers are urged and cautioned to conduct their own due diligence, including a physical inspection in person or through a qualified third party inspector or appraiser, before contemplating a purchase or making a bid on this vehicle. In fact, we would welcome and encourage such an inspection, and will make every effort to make the above described vehicle available at a time convenient to the perspective purchaser or their agents

We charge NO fees of any type. NONE!

We will help arrange to have your vehicle picked up on a bonded, licensed and insured carrier.

There are no dealer fees or other charges and you are responsible to pay all sales taxes in your home state .

Required payment is 20%within 72 hoursand the balance in fullwithin 7 daysthereafter.If you buy a car from us and are not happy with something that is major in nature, please call us and let us know. If we feel it's our fault, we are only too happy to discuss making a possible adjustment on the final agreed price.

COUTTS INDEX REVEALS CLASSIC CARS AS TOP PERFORMING PASSION INVESTMENT DURING 2014

  • Classic cars* rise 40% in 2014 and up nearly four fold since 2005
  • 2015 out performed 2014 and 2016 so far is outpacing 2015
  • Watches show biggest drop during 2014
  • Stamps and coins, only assets to increase over nine consecutive years
  • Coins continue to rise, up 176% over nine years and up 9% in 2014

Classic cars increased in value by 40% during 2014, and have increased in value nearly four fold, since 2005,according to the latest edition of the Coutts Index.

In its second year, the report shows that while passion investments have increased just 0.8% during 2014, this masks the diversity of returns of the various underlying categories which have increased overall by 80% (local currency terms) since 2005.

The Index aims to provide the global benchmark for monitoring the performance of passion assets. Developed in conjunction with Fathom Consulting, the Coutts Index captures the price return in local currency (net of the holding costs) of 14 passion assets across two broad categories: trophy property and alternative investments. Alternative investments can be further broken down into fine art, collectibles and precious items. The Coutts Index also incorporates a real estate component supplied by Savills World Research and fine art prices from Mei Moses®.

Highlights from this year’s results include:

  • Collectibles– coins have appreciated every year, up 176% since 2005. By contrast, Fine Wine was the only Collectable to see prices fall in 2014, down more than 9% in the third consecutive year of contraction after rapid price growth in 2006-07
  • Fine Art– of all the Fine Art categories, Traditional Chinese Art has seen the greatest overall price growth since 2005, more than doubling over the period. However, this was the only art category to fall in 2014 with prices contracting 13%.
  • Precious Items– 2014 was not a strong year for Jewelery or Watches with price growth for the former dropping from more than 14% in 2013 to under 2% in 2014. The average price of watches contracted by more than 17% last year, undoing some of the progress made since the recession.
Click here to see description1965 Cadillac Eldorado Fleetwood Convertible

1965 Cadillac Fleetwood Eldorado Convertible "Professional Restoration-1 of 2125"

Gorgeous Sheffield Metallic Silver, White Leather with white top

Exterior: Sheffield Metallic Silver (Paint code 92)

Interior: White perforated Leather

Convertible Top: White

Convertible Top Boot: White

Interior carpeting: Red

Padded Dash: Red

Engine: Original (rebuilt) 429 cid V-8 rated at 340HP

Transmission: Three speed auto Hydramatic

Mileage: 65,449 (Exempt)

Serial number:E5193536

Cadillac introduced new styling in every model and the Eldorado was no exception.

This 1965 Cadillac was known as a "Fleetwood Eldorado Convertible" and only 2125 were

produced for the wealthy and Elite loyal Cadillac owners.

This car was fully loaded with the following equipment,,,

Factory Air-conditioning

Power Steering (standard)

Power brakes (Standard)

Power door locks

Power Convertible top

Power windows (standard)

Power vent windows

Adjustable steering wheel

Tinted glass

AM/FM Radio with rear seat speaker

Twilight sentinel (standard)

Firemist paint

Auto Headlamp dimmer

900 X 15 Steel-belted radials

Remote trunk release

Seatbelts

Cruise control (non-functional)

This Cadillac has been professionally restored and has just been completed.

The bills and receipts on this car total almost $70,000

Here is a list of some of the things that were done

1. Most of the chrome and pot metal were removed and sent to Houston,Texas

and were triple plated to show standards.....the chrome looks like fine jewelry.

2.The car was repainted it's factory original color...Metallic Silver Shefield and it is

spectacular.

All the interior is new correct perforated WHITE Leather with a matching white convertible

top.

The interior is beautifully accented with all new red carpeting, red carpeted embroidered floor mats

and a new Red dash .....and topped off with a new snowcrest white Convertible top.

Most of the rubber trim was replace and a new trunk lining was installed.

All the window motors were checked for operation and the power trunk release was repaired so

it now works correctly.

The original AM/FM push button radio was removed and will be included with the sale of this car.

In it's place is a modern Stereo AM/FM and 6 great sounding stereo speakers.

The gas tank was removed, pressure cleaned, resealed and a new fuel gauge sender installed.

The radiator was removed, internally pressured clean and reinstalled with new hoses. The brake system was

completed rebuilt, new brake lines, new brake pads, drums turned, brake cylinders rebuilt and the car stops

quickly with no "pulling" to either side.

The exhaust system is all new from front to back and the undercarriage cleaned and detailed.

The carter AFB was rebuilt and new fuel lines were installed where needed.

The Air cleaner, valve covers and engine compartment were cleaned and painted.

New belts, spark plugs, plug wires, distributor cap, points, condenser, radiator cap, gas cap, vacuum, wiper hoses and rotor

installed and a new set of steel belted WSW tires installed less than 1000 miles ago.

The largest and highest cold cranking amps battery we could find was installed and the car starts up every time....the 1st time.

I drove the car today on the Florida turnpike at speeds ranging from 70 to 90 mph and the car is a real joy to drive. No vibrations,

plenty of power and the brakes work fabulous.

I noticed that the trip odometer works but the mileage is not being advanced. The speedometer does work correctly and the clock is only right

twice a day.

It was a beautiful 80 degree Sunny day in South Florida...we cranked up the stereo...and the next thing we knew, we were in West Palm Beach.

We stopped...had lunch and drove back to our Pompano Beach air-conditioned facility where the car will be stored until it is shipped to

it's next lucky owner.

I realize that it is not Summer like weather in a lot of the U.S. or Canada or Europe...but before you know it.....Spring and Summer will be here

and this is one "Garage Memory" anyone who loves cars would like to find in his or hers garage.

"And best of all...it's a Cadillac!"

We have been selling only the best of the best vintage cars since 2000.......more than 1/3rd of a billion dollars.

Who is Lifestyle 21st Century Auctions?

We also love the fact that we can get to know on a personal basis those who purchase our cars.

Many we buy back after a few years and most purchase another wonderful collectable car from our Museum....Garage Memories.

We welcome any pre-inspection of our cars by an Inspection company that is hiredby a potential buyer. If they have the proper insurance and a valid Driver's license we letthem drive the car as well.

We are extremely proud of the cars we offer which has resulted in a 100% feedback rating for more than 16 years.

We sold our 1st vintage car herein March of 2000. Prior to that, for 40 years we sold almost every car through print media.

We never try to just"Make a sale"because a sale is usually a one time event. Instead, we do our best to "Make a customer"because "a customer is forever and that's a VERY good thing in business."

I would urge you to call me ASAP at 954-873-6495and I will share with you our lowest possible price...we will NOT respondto e-mails requesting this information and will only share this with a live voice on the phone.

If you have a car that is fully restored or completely original and in EXCELLENT condition, we would welcome to take your car in trade.

We are Located in Pompano Beach,between the Palm Beach International Airport (25 miles to the South)

and the Ft. Lauderdale/Hollywood International Airport (20 miles to the North)

We have 966Positive Feedbacks, most are for Vintage cars.

In actuality, we have sold over 3000 vintage cars since 2000!

We hope you'll take a moment and visit the Garage Memories Auto Museum.

We are eagerly looking forward to help you create some of your own wonderful "Garage Memories"

Please Click here to visit Garage Memories to see the fabulous cars we have sold this year.click here

Every car we sell has to be special and unique...no "drivers" "Fixer Uppers" or "20 Footers" just the best of the best!

We love either near perfect "original" cars or cars restored with an "open checkbook" to perfection!

Weunderstand that many collectors who are buying a car like this are doing so for investment purposes

and do not want anyone else to know their final price of acquisition.

Whatever your choice, we will respect your decision. We never disclose to anyone what the final purchase priceis of any of the "GARAGEMEMORIES" we sell.

We have sold almost 1/3 of a billion dollars ofVintagecars

TERMS & CONDITIONS:

Call us at (954)873-6495and we will give you the lowest acceptable price.

The car will be made available for inspection by serious bidders throughout the auction.

Please e-mail us if you would like to see the car. If you prefer, we can arrange to have a qualified, independent, professional

mechanic perform a pre-purchase inspection for you (at your expense).

PLEASE NOTE THAT the owner WILL NOT ACCEPT PAYPAL AS A FORM OF PAYMENT.

THIS IS TRUE FOR BOTH THE INITIAL DEPOSIT AS WELL AS THE FINAL PAYMENT.

Payment acceptable is a bank wire transfer or a verified Bank Cashier's check.

Invest your money in something you just don't "Put in the Bank" but something you can "Drive to the bank and

anywhere else you might choose to do with your family & friends."

Why not have fun with your money? ...enjoy your life and know that when you wake up in the morning your dollars

are still safe in your garage or warehouse&haven't evaporated into thin air!

Car collecting is a family thing...everyone around the world admires and loves these great vintage and collectible cars.

We have sold cars fromAustraliatoAlaska...FromChinatoSaudi Arabia.....FromManhattanto

Moscow....and the hobby keeps growing & expanding all the time.

Collector car insurance is dirt cheap...about $250-$300 a year for a quality collectible like this. and you can buy full coverage!

Due to this car's higher value, most likely $500-$600 a year.

They usually require a garage and not more than 2500-3000miles a year put on the car.

We recommend you only buy a car like this if you have a garage to keep it in.

We are urging you toPLEASEcome and inspect the car in person, drive it or to hire an expert inspector

We prefer you select & hire your own inspector.

If you wish to schedule an appointment to see this car, please call me at (954) 873-6495

This car is owned free and clear by Garage Memories in Pompano Beach, FL.. After you speak with us on the phone, it is possible to have a scanned copy sent directly to you.

We know this is a Platinum investment collectable car..this is a car that you can still drive & enjoy and will

increase in value...not decrease in value.....and if you chose to...you could drive it every day.

We feel very strongly that a car like this will not only hold its value but in years to come will continue to appreciate.

Please don't buy a Museum quality car like this unless you have a garage to store it inside.

We do notbelieve this carhas ever been left outside.

You can look at this car in bright outdoor sunlight or indoors under halogen or florescent light...it still looks spectacular

....but don't take our word...PLEASE...come and check it out yourself. We don't like surprises.

Our goal not's to give you any....this is a NO DISAPPOINTMENT collectibleclassic!

As with all of our fine cars...we invite you and urge your personal inspection. If you see it....and drive it...you will buy it!

SHIPPING: Many of my friends and fellow collectors have shipped literally 1000's of cars over the past many years...

all with a great gal named Mary Olson who owns Crossroads Transport...We will be happy to give you her e-mail & telephone

& connect you up on a DIRECT basis with Mary and she can handle any shipping needs...this car should be shipped ENCLOSED!

OUT-OF-THE-USA SHIPPING: Over the past 56 yearswe have shipped cars to more than 40 countries...

We can put you in contact with Mary Olson who will give you great service at a fair price.

For financing...trywww.jjbest.comorwww.woodsidecredit.com

If you have a trade...please e-mail us atluvdg@aol.coma complete set of photos

....details and a phone number.

Also, we have contact with shippers throughout theU.S.and WORLDWIDE...We will be happy to assist you.

WHAT ABOUT A TRADE?

We accept most anything in trade but no projects please

We will only accept cars of the quality, correctness and authenticity that we sell.

We will consider any nice vintage or antique car or late model Luxury car with a clean CARFAX & CARCHECK report.

Please call us first and discuss this with us..and if we have an interest, we would then have you e-mail a complete set of photos and details.

E-MAIL the photos of your trade or trades toluvdg@aol.com

Thanks and best of luck!

AS IS - NO WARRANTY This vehicle is being sold as is, where is with no warranty, expressed written or implied. The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgement solely. The seller shall and will make every reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.

There is no such thing as a "PERFECT" car...especially when dealing with vintage cars that are 25,35 and even 50 years old.

Arranging for an independent third-party inspection is a great way to validate a seller's claims about a vehicle's condition. There are many companies and individuals who offer such a service. Of course your personal inspection and scrutiny are suggested and most welcomed.

The seller has made a diligent effort to accurately describe this vehicle but does not expressly or implicitly guarantee the accuracy of the above description.

Bidders and prospective purchasers are urged and cautioned to conduct their own due diligence, including a physical inspection in person or through a qualified third party inspector or appraiser, before contemplating a purchase or making a bid on this vehicle. In fact, we would welcome and encourage such an inspection, and will make every effort to make the above described vehicle available at a time convenient to the perspective purchaser or their agents

We charge NO fees of any type. NONE!

We will help arrange to have your vehicle picked up on a bonded, licensed and insured carrier.

There are no dealer fees or other charges and you are responsible to pay all sales taxes in your home state .

Required payment is 20%within 72 hoursand the balance in fullwithin 7 daysthereafter.If you buy a car from us and are not happy with something that is major in nature, please call us and let us know. If we feel it's our fault, we are only too happy to discuss making a possible adjustment on the final agreed price.

COUTTS INDEX REVEALS CLASSIC CARS AS TOP PERFORMING PASSION INVESTMENT DURING 2014

  • Classic cars* rise 40% in 2014 and up nearly four fold since 2005
  • 2015 out performed 2014 and 2016 so far is outpacing 2015
  • Watches show biggest drop during 2014
  • Stamps and coins, only assets to increase over nine consecutive years
  • Coins continue to rise, up 176% over nine years and up 9% in 2014

Classic cars increased in value by 40% during 2014, and have increased in value nearly four fold, since 2005,according to the latest edition of the Coutts Index.

In its second year, the report shows that while passion investments have increased just 0.8% during 2014, this masks the diversity of returns of the various underlying categories which have increased overall by 80% (local currency terms) since 2005.

The Index aims to provide the global benchmark for monitoring the performance of passion assets. Developed in conjunction with Fathom Consulting, the Coutts Index captures the price return in local currency (net of the holding costs) of 14 passion assets across two broad categories: trophy property and alternative investments. Alternative investments can be further broken down into fine art, collectibles and precious items. The Coutts Index also incorporates a real estate component supplied by Savills World Research and fine art prices from Mei Moses®.

Highlights from this year’s results include:

  • Collectibles– coins have appreciated every year, up 176% since 2005. By contrast, Fine Wine was the only Collectable to see prices fall in 2014, down more than 9% in the third consecutive year of contraction after rapid price growth in 2006-07
  • Fine Art– of all the Fine Art categories, Traditional Chinese Art has seen the greatest overall price growth since 2005, more than doubling over the period. However, this was the only art category to fall in 2014 with prices contracting 13%.
  • Precious Items– 2014 was not a strong year for Jewelery or Watches with price growth for the former dropping from more than 14% in 2013 to under 2% in 2014. The average price of watches contracted by more than 17% last year, undoing some of the progress made since the recession.