Classic cars: much more than an expensive hobby, their value is constantly growing

Let us find out everything there is to know about these timeless historic cars.

Ferrari, Maserati, Alfa Romeo, Lancia for Italy; Mercedes-Benz, Porsche, BMW, and Volkswagen for Germany; Aston Martin, Jaguar, Austin-Healey, Caterham, and Morgan for the UK; in the US we find the legendary muscle cars, designed and made with a very specific goal: beat the Ferraris. This ‘battle’ begins in 1962 with the Shelby Cobra. For us Europeans, the quintessential muscle cars are: the Chevrolet Camaro, the Pontiac GTO, and the Ford Mustang.

All models that can reach mind-boggling figures! Among them, the most emblematic and iconic are: the legendary roadster Ferrari 250 GT California (current value over 10 million), the Porsche 356 Speedster, and the 8-million-euro gullwinged Mercedes-Benz 300 SL. Great investments that over time have needed certified bodies that went to great lengths to protect and safeguard historic motoring. The most important one, also for insurance purposes, was born in 1966 in Bardolino: Automotoclub Storico Italiano, ASI a body that protects and supports the interests of any motor vehicle that is at least twenty years old. Registration is not required, but by joining ASI you can enjoy advantages regarding both car tax and insurance.

At a regional level, the Circolo Veneto Auto Moto d’Epoca, CVAE, with which Pakelo collaborates for some events, is the third historic car club in Italy. Led by president Stefano Chiminelli, the club has always united enthusiasts from all over the world, reaching international recognition with the historic "La Leggenda di Bassano" (The Legend of Bassano), a 3-day trophy through the wonderful Dolomites with prestigious historic cars.