If you feel that you already had your fill of Ferraris, Porsches, and other builds that you can hardly pronounce, then you may want to listen to what Paul Michaels has to say. As chairman of Hexagon Classics – a venture that is in the business of trading in some of the most outstanding and desirable classic automobiles in Britain – Paul knows very well that investing in these 4-wheeled goldmines is all about timing. He says for example, ‘At the end of last year, a DB4 GT Zagato became the most expensive British car ever, fetching £9.45m at RM Sotheby’s auction in New York, just 12 months before, it was worth around £5m – so it had doubled in a year.”

His credibility for being a definite source of investment info is backed up by 50 years of automotive experience. So when asked what classic cars does he foresee to rise above the rest this 2016, he mentioned six possible candidates that are earmarked to increase in value year without breaking your bank account in case you want to bring home one.

Austin Mini Cooper S ($22,000-$29,000)

1964 Austin Mini Cooper S


Name: 1964 Austin Mini Cooper S

Year(s) Produced: 1961-1967

Number Built: 4,031

Class: Micro car

Body Type: 2-door fastback

Engine: 65.3 cu in; BMC Austin A-series 1071

Power: 70hp @ 5750 RPM

0-60mph: 11.4 seconds

Top Speed: 93mph

Transmission: 4-speed manual

Length/width/height: 120.25 in./ 55.5 in./ 53 in.

Wheelbase: 80.15 in.

Base Price: US$975

Highest Price: US$29,062

Paul says, “What could be more British than an original Sixties Mini – and what could have more charm too? Turn up at the pub in one of these and you’ll be welcomed with open arms. ‘You can expect to pick one up for £15,000-£20,000 – you’d have paid 30 per cent less just a year or so ago.

Lotus Elan ($50,000-$58,000)

1969 Lotus Elan S4 Drophead Specifications:

Name: 1969 Lotus Elan S4 Drophead

Year(s) Produced: 1968-1969

Number Built: (?)

Class: Sports car

Body Type: 2-door convertible

Engine: 94.9 cu in Lotus-Ford Twin Cam

Power: 105hp @ 5500 RPM

0-60mph: 7.5 seconds

Top Speed: 114mph

Transmission: 4-speed manual

Length/width/height: 145 in./ 56 in./ 46 in.

Wheelbase: 84 in.

Base Price: US$4,795 (NADA)

Highest Price: US$58,000

‘So delicate and intimate to drive and full of Sixties style, the Elan laid the blueprint for the two-seat rear-drive open-top sports car,’ Paul says. The Elan is not without some problems. ‘Check for rust, unreliable electrics, oil leaks and water pump issues,’ Paul explains.

Jensen Interceptor ($73,000-$145,000)

1966 Jensen Interceptor


Name: 1966 Jensen Interceptor

Year(s) Produced: 1966-1969

Number Built: (?)

Class: Sports car

Body Type: 2-door hatchback coupe

Engine: 383 cu in Chrysler B Series V8

Power: 325hp @ 4600 RPM

0-60mph: 5.6 seconds

Top Speed: 131mph

Transmission: 4-speed manual

Length/width/height: 188 in./ 69 in./ 53 in.

Wheelbase: 105 in.

Base Price: US$16,000

Highest Price: US$145,000

‘The Interceptor is such a mean-looking car – it’s always had something of the night about it. Factor in a luxurious cabin, lovely shooting brake tailgate and a big American V8 and you’ve got an intoxicating mix.

‘On the downside, they can be very expensive to put right and can suffer from serious rust. Plus you’d be lucky to get even 15mpg from that V8, but then that’s probably less of an issue.

‘Always regarded as the poor man’s Aston Martin, the market has woken up and, although I don’t see prices suddenly rocketing, they are rising,’ Paul says.

Rolls-Royce Corniche ($102,000-$160,000)

1977 Rolls-Royce Corniche


Name: 1977 Rolls-Royce Corniche

Year(s) Produced: 1977

Number Built: (?)

Class: Luxury car

Body Type: 2-door luxury car

Engine: 411.9 cu in Rolls-Royce V8

Power: 256hp @ 4500 RPM

0-60mph: (?)

Top Speed: 118mph

Transmission: 3-speed automatic

Length/width/height: 204.7 in./ 71.7 in./ 58.7 in.

Wheelbase: 120.1 in.

Base Price: US$91,000

Highest Price: US$160,000

Once hailed as ‘Britain’s most expensive car, is now one of the most undervalued,’ Paul says. ‘Just over 1,300 were made over the 25-year production run: tiny numbers, but then the Corniche was coachbuilt.

‘Excellent low mileage early chrome-bumper coupes start at around £70,000 while you’ll need £110,000 for an exceptional Convertible. But what you are getting is a rare car from one of the ultimate brands that is sure to appreciate.’

Jaguar E-Type Series 1 ($182,000-$436,000)

1961 Jaguar EType GT Series 1


Name: 1961 Jaguar E-Type GT Series 1

Year(s) Produced: 1961-1968

Number Built: 72,507 (all models)

Class: Sports car

Body Type: 2-door hatchback coupe

Engine: 231.2 cu in (3.8L) Jaguar XK6

Power: 265hp @ 5500 RPM

0-60mph: 6.4 seconds

Top Speed: 140mph

Transmission: 4-speed manual

Length/width/height: 175.4 in./ 65.25 in./ 48.1 in.

Wheelbase: 96 in.

Base Price: US$2,454

Highest Price: US$436,000

Paul hailed the Jaguar E-Type as ‘one of the most desirable classic cars in history.’ ‘Values have shot up in the last five years and show no signs of slowing,’ Paul says. His personal choice: a Fixed Head Coupe 4.2-litre car. Paul explains, ‘[Its] prettier than the roadster and rarer, has more torque than the earlier 3.8-litre and a synchromesh gearbox too, making for a car you could really enjoy driving on a regular basis.’

Aston Martin DB4 GT ($3.6m – $4.4 m)

1963 Aston Martin DB4 GT Specifications:

Name: 1963 Aston Martin DB4 GT

Year(s) Produced: 1961-1963

Number Built: 75

Class: Sports car

Body Type: 2-door fastback coupe

Engine: 223.5 cu in Aston Martin Straight-6

Power: 302hp @ 6000 RPM

0-60mph: 5.5 seconds

Top Speed: 151mph

Transmission: 4-speed manual

Length/width/height: 171.75 in./ 66 in./ 52 in.

Wheelbase: 93 in.

Base Price: US$4,534

Highest Price: US$4.4 million

On top of Paul’s list of classic cars with most potential this 2016 is this DB4 from Aston Martin. Paul says, ‘This is a very special car indeed. Launched at the 1959 London motor show, the lightweight DB4 GT appeared with a shorter chassis than the DB4, with an uprated engine and aerodynamic headlamps.

‘Just 75 were built making them extremely rare. ‘Prices currently range from £2.5m-£3m, up from around £2m a year or so ago. The ‘regular’ DB4 is also a good place to put money.

‘A budget of around £450,000 will buy an early Sixties coupe in right-hand drive and given the way that DB5s have appreciated, I can see an early DB4 being worth £700,000-£800,000 in four or five years’ time.’

Truth be told, these are still predictions. We can never say with certainty how the market will evolve say, in the next 10 to 20 years. But with some research, backed up by one of the most reputable experts in classic cars, your choice of car investment – and bank balance for that matter – has a brighter future ahead.


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