Mass-market Exotica ?
Most Promising ICO of 2018 aiming to bring high-end automotive investment to all .
BY RUSSELL BENNETT
A
lthough purchasing a hidden gem , pouring time money and love into restoring it to its former glory , and then realising a major return on this investment when you sell it on is the dream of players in the collectible car field , this dream turning into reality is unicorn-like in its rarity .
And that ’ s not to mention the fact that , even getting in to this game is exorbitantly expensive for most . Let ’ s just take our country as an example : a huge proportion of the population would be beyond thrilled just to have enough money to purchase a new , entry-level econo-box which will never , ever be worth anything at all . Let alone the type of resources needed to source , secure , and then restore a utopian project car to the necessary standards .
There ’ s also , of course , a huge amount of risk . There ’ s no guarantee that the funds you ’ re spending now will turn the particular model into a desirable classic . Meaning you could be left with a very pricey , even if very nice if you happen to be an enthusiast , but otherwise largely worthless machine which , like most ordinary vehicles , actually loses value over time .
To reduce risk and realise even higher degrees of return , you need to step up and play with the big kids on the field . Exotics , supercars , and tiny production volumes are where you want to get to . Naturally the barriers for entry here , the stratospheric price tag of these ultra-exclusive rolling artworks , are steep . Unfeasibly steep for all but the highest echelons of established wealth even to contemplate . Effectively , you have to already be
58 JUNE / JULY 2018 SA Real Estate Investor Magazine