Classic Cars - A Sound Investment?

Collectable Porsches have a proven track record in an investment context. The reality is that there are more collectors these days chasing a finite number of cars. Hence, appreciation in value is likely, plus you have an asset which is beautiful to look at and offers an involving drive that modern cars cannot replicate.

I was having lunch with a friend & the topic of the fastest car in Singapore came up. His eight year old son was getting interested in cars and had asked him which was the fastest car in Singapore. I wasn't sure which supercar was the fastest today, but I excitedly declared that the 1977 Porsche 930 was the fastest production car from Germany at the time of its launch. A check reviewed that Singapore's fastest car in 2013 is the Koenigsegg Agera, and as reported in the Straits Times it is also the most expensive at $5.3 million.
Watch - News report on Koenigsegg supercar in Singapore

With the tax structure for new cars in Singapore pushing the prices of new supercars even higher, classic supercars from the 70s like the 930 Turbo may be an interesting choice for supercar buyers, especially if they are looking to collect the supercars they dreamed of in their youth.