Ferrari purchase can also make you money!

Money.co.uk.com writes…

Investing in Ferraris can prove genuinely profitable. Well-chosen models increase in value faster than any other car, and demand for them greatly outstrips supply at international classic car auctions.

Classic cars are exempt from capital gains tax when they are inherited or sold on. As their lifespan is generally considered to be fifty years or less, they count as “wasting assets”; the same applies to guns and antiques, but you’ll need a certificate to own a gun and a grandfather clock is boring.

Ferraris are the polar opposite of boring, so the team at money.co.uk had fun examining the ten best models based on their ROI…

Check out the full article.

  

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