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15 Fun Facts Vintage Luxury Cars For Sale In India | Second Hand Luxury Cars Under 10 Lakhs
- A collector of note is Vivek Goenka, Managing Director and Chairman of Indian Express. He received his first heritage car at a callow age of eight — a 1961 Fiat. He is passionate about vintage Land Rovers from the 1900s as well as Rolls Royce. His 1951 Standard-Vanguard Phase 1 is a classic. - Source: Internet
- Of course, you can sell the car to another collector. The value would depend on its provenance, the original owner and the condition of the car. Your collection of vintage cars can also be leveraged to earn some good money. For instance, lend it to Bollywood for a shoot. - Source: Internet
- A 1960s Chevrolet Bel Air is hugely in demand because of its architecture that was inspired by the jet age. Then there are the Fiats, 1960s Fords, Mercedes-Benzes and Chevrolets. You could buy a Beetle at Rs 3 to 4 lakh, and the American cars at Rs 5 to 7 lakh. A vintage Jaguar costs far more. - Source: Internet
- There are collectors as young as 17-year-old Arihant Talera, who owns a clutch of 20 cars, among them a Rolls Royce Silver Shadow, a passion he has inherited from his father and grandfather. “Driving a vintage Rolls feels like you are navigating a luxury yacht. The feeling of exhilaration is the same.” - Source: Internet
- A parade of vintage or classic motor cars in which prizes are awarded for those in the best original condition or those beautifully restored. Internationally, the Pebble Beach Concours d’Elegance, in the Monterey Peninsula in the USA is considered the most prestigious and has very precise rules on how a car should be restored to meet the Concours standards. These standards are now applied to all Concours events across the world, including the Cartier Concours in India. You go to a Concours to flaunt your curved beauties and win a few awards that will up their value in the collector’s market, getting a better price on your investment. - Source: Internet
- Then there are descendants of erstwhile royalty, the pioneers in vintage car collecting in India. Rana Manvendra Singh Barwani, from Barwani royalty in Madhya Pradesh, owns a car workshop. He has helped restore several ‘stars’ from India’s automotive history, including the stunning yellow 1911 Rolls-Royce Silver Ghost Dome Roof Limousine, known as the ‘Throne Car’ of the erstwhile Nizam of Hyderabad. Rana Barwani is also the host of Cartier’s vintage car rally in India, the Cartier Concours. - Source: Internet
- There is a growing army of vintage car restorers in India. While some work as part of a larger umbrella, others began life as small set-ups. The biggest restoration workshops are in Mumbai. The Engineer Brothers, Kaizad and Nekzad, are among the biggest and run their family workshop, set up by their grandfather, from the chaos of Lamington Road. - Source: Internet
- India is obsessed with the small yellow car, the Volkswagen Beetle. VW never did sell them directly in the country, but it isn’t very difficult to source one from other collectors and owners. Among luxury marques up there on the much-vaunted vintage list: Rolls Royce always attracts a passionate buyer. Cars such as Ford, Chrysler, DeSoto and Dodge are the rage and boast of Bollywood stars such as Shammi Kapoor, Shashi Kapoor and Dev Anand as their first owners. - Source: Internet
- There are several, from businessmen to small collectors with one or two cars, but among the most influential: Sharad Shanghi of Indore, businessman and philanthropist Sudhir Choudhrie, Maharaja Gaj Singh, who own over 350-odd vintage and classic cars between them. Their collection includes a rare Mercedes 540 K and the Rolls Royce Silver Ghost, which are valued at over Rs 1.5 crore. - Source: Internet
- And no, your vintage cars won’t just lie around in a garage, only to be driven out for adoring friends and family to admire. They are a serious investment. Vintage and classic cars occupy an esoteric, secretive world in the books of a true-blue collector. Prices of vintage (produced before 1929) and classic cars (up to 1965) are escalating at the rate of 15-20 per cent every year. - Source: Internet
- Cars produced before WW-II are classified as vintage and those built after it is called classics. There is a rarer category, the veteran, or cars built in an era when the very concept of an automobile was nebulous. They were made between 1905 and 1915 and they are so rare that you need to be a billionaire several times over to acquire one. - Source: Internet
- India’s royal elite began buying European and American cars in the first half of the 20th century, while, in the western world, collectors gained prominence only after World War II. Simon Kidston, a British collector of flamboyant Lamborghinis who was chief judge at one of the Cartier Concours, says, “Increasingly, I see the presence of industrialists, businessmen, even well-established professionals among collectors. New money is India’s new royalty. And they have taken a shine to vintage cars that stand right at the top of the list of beautiful objects you can possess.” - Source: Internet
- American car manufacturer Duesenberg Motors Company was founded back in 1913 and has produced some of the most exotic racing cars and luxury vehicles in the world. Duesenberg was one of the most second-hand cars in sporting events when it was first launched, however, they were shut down in 1937. What makes the Duesenberg SSJ model so special is that only 2 were ever produced. The first one was sold to actor Gary Cooper back in 1935 and the other one was lent to Clark Gable, another actor, in 1936. As you can imagine, the Duesenberg SSJ was an extremely rare car and is justifiably sold at the Gooding and Company auction house for a massive $22 million in 2018. - Source: Internet
- Attend as many classic and vintage car rallies as possible. The most glamorous, of course, is the Cartier Concourse and you can enter the sprawling palatial grounds of hotels such as Falaknuma Palace in Hyderabad or Rambagh Palace in Jaipur, where they are normally hosted, only by invite. But there are several small rallies in different cities throughout the year. - Source: Internet
- Vintage cars are rather rare to come by. Experts estimate that not more than 1,000 to 3,000 vintage cars exist in India today and their total value could touch a staggering Rs 450 crore (Rs 4.5 billion). - Source: Internet
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