When it comes to investing, there are a lot of options most people have heard of — mutual funds, stocks, bonds, CDs, etc.. But there’s one investment opportunity you might have overlooked: Automobiles. Specifically, old BMWs.
Investing in a vintage BMW 3.0 Coupe right now could bring big gains down the road, a Bloomberg article posits. The car, manufactured only in the early 1970s, has gone up in value 40% in the past decade.
The classic Beamer can now fetch up to $150,000, thanks to lasting appreciation for its old-school design and solid performance on the road. “[It’s] an incredible car to drive, looks beautiful, performs well, handles well,” BMW restoration specialist Carl Nelson told Bloomberg. “Does everything you’d ever want.”
As long as the car is kept in good condition — and the article does note that the car is prone to rust — it should keep appreciating in value. But, as with all investments, nothing’s guaranteed.