Rare musical instruments are accelerating quickly, but since 2005, collector cars have best met the need for enjoyable investments
From major newspapers and the International Investment newsletter to Musical Instrument Professional, the Coutts Passion Index 2017 has been getting a lot of attention recently. Since 2005, Coutts has tracked various “passion” investments and in its latest report notes that, “Classic cars have provided the healthiest returns (among all ‘passion’ assets) since 2005, with average prices rising more than fourfold.”
However—ah, doesn’t there always seem to be a however?—“after increasing rapidly in 2013 and 2014, returns for Classic Cars fell in both 2015 and 2016.”
Based in England, Coutts has “looked after clients and their wealth for over three centuries,” it notes on its website, adding that during that time it has progressed from bank to investment house to now go “beyond traditional wealth management to explore with our clients the enjoyment of their passions.”
Classic cars rated top ‘passion’ investment over the long run
