Much like collectable items like jewellery and art, cars can also hold and increase their value, which can make them a great potential investment for classic car lovers.
The Express reports that classic car experts at LeaseCar.co.uk have looked at a selection of cars from the last 60 years which make the best investment and won’t lose value, with the Land Rover Discovery Series I grabbing the third spot, behind the Renault 5 GT Turbo in first place, and the Jaguar Mark II in second.
The Renault 5 GT Turbo manufactured between 1986 and 1991 has increased in value by 38 per cent in the last 12 months, the Jaguar Mark II by 27 per cent, and the Discovery by 15 per cent.
A spokesperson at LeaseCar.co.uk said: “Car lovers know classic cars can be a great purchase, but if you’re thinking about investing in a vintage car you need to make sure it has the potential to hold and even rise in value down the line to get the most out of your purchase.
“Some car manufacturers have done an incredible job of creating amazing cars that are just timeless and if you’re someone who’s considering this investment, you want to make sure it’s worth it long term.”
Here are the cars that haven’t lost value in the last 12 months:
1986 – 1991 Renault 5 GT Turbo – £12,900 (+38.7%)
1959 – 1967 Jaguar Mark II – £27,700 (+27.6%)
1989 – 1998 Land Rover Discovery Series I – £9,800 (+15.3%)
2000 – 2007 Toyota MR2 Mk III – £4,100 (+12.5%)
1998 – 2004 Ford Focus Mk1 – £1,400 (+7.7%)
1988 – 1992 Porsche 944 – £17,550 (+5.4%)
1961 – 71 Mini Cooper – £24,000 (+0%)
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