Introducing Some True Classics

As we covered in a previous blog, the definition of a ‘classic’ car is subject to serious debate for two reasons:

  1. Date of manufacture – some believe a classic car to have clearly defined dates. Although you will hear that a classic dates between 1925-1948, in other circles a classic car is one which is over 40 years old, and a vintage one which is over 60 years old. Meanwhile, some insurance companies are prepared to label cars merely 15 years old as classics.
  2. Personal taste – are all cars of a certain age classics? Using the broader definition of the word, surely there’s more to reaching classic status than age alone?

At borro, we try and take all these arguments into account when valuing our cars. We have already covered some of the greatest vintage cars from the UK and USA, taking us up to 1931. After this time, the ‘Great Depression’ of the 1930s, as well as WWII, seriously stilted growth of car manufacture worldwide.

We would therefore define cars of at least 15 years of age, but manufactured after 1945 as classics. The newer of these we would refer to as ‘modern classics’.

borro’s top 5

Next week we’ll take a closer look at these modern classics. In the meantime, we’d like to take today and tomorrow’s blog to show you who’d make our list of all time classic cars!

ALL-TIME RARITY:

Ferrari 250 Testa Rossa – 1956-61
We couldn’t help but start the ball rolling with a Ferrari. But somehow, we know what you’re thinking – why not go for the 250 GTO, of which only 39 were ever produced? Well, because at a manufacturing total of 34, the Testa Rossa trumps that. And with three Le Mans wins (’58, ’60 & ’61) compared to the GTO’s zero, there is the argument that this car was actually more of a proven racer.

Value: the first Testa Rossa ever to be built came up at auction on 20th August 2011. It sold for $16,400,000.

AMERICAN MUSCLE:

Ford Mustang – 1964-73
The American motoring industry is synonymous with its muscle cars, in particular the Ford Mustang. In their day they were well-built, relatively cheap, and went like stink. As a result they were featured in numerous movies and became film-stars in their own right.

Value: Mustangs aren’t particularly rare – by 1965, Ford had already sold 418,812. However, limited edition models, such as the Shelby GT350 have made in excess of $150,000.

Until Tomorrow

We’re going to leave you hanging as to the other 3 iconic classics that make our top 5, featuring an everyday masterpiece, a cross-country trooper and a true sporting pin-up.

Until next time, Ed Hallinan and the borro team.

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