Qualification And Definition:
Cars from 1900 to 1979 are considered to be classic cars. On the average, a car must be at least 25 years old to be a classic car and anything from 1949 backwards is an antique car or vintage car. Cars, which are 30 years old or younger are „yountimer cars“. Collector cars can be of any age, because cars became a pretty significant investment in the last years and collector car investments outperformed all investment- classes in the last century. Even gold, art or real estate could not perform as well as collector and classic and some of the modern supercars are achieving record prices in current classic car auctions. In contrast to modern cars, which are decreasing in value typically by 20-30 percent by the end of the first year, many collector cars are achieving not only their initial value but premiums of a few 100 percent.