Top car collectors own 'up to 30 vehicles'
Page 1 of 1 • Share
Top car collectors own 'up to 30 vehicles'
[You must be registered and logged in to see this image.]
LONDON: The number of people in Britain owning four or more luxury cars is on the increase, with some clients owning more than 30, according to insurer Aviva.
Some of the car collections mean more to their owners than a mere form of transportation, with staff employed to look after them.
The insurer said the average vehicle mileage for these luxury cars is 5000 miles a year, only two thirds of the national average.
Some of the rising popularity of prestige car collections is thought to relate to investors looking to new ways to invest their money in the current economic climate. Unique and collectable cars hold their resale value, and some vehicles have changed hands for millions, Aviva said.
The typical insurance value of a prestige car portfolio is £350,000, which though somewhat less than the reported £1.3 million US singer Beyonce paid for her husband Jay-Z’s 253mph Bugatti Veyron birthday present, is just over 69 times the value of the average new family car, the insurer added.
Porsche topped the list as this year’s most popular prestige car for insurance quotes on Aviva's Distinct contract, with Bentley, Aston Martin, Ferrari and Jaguar completing the top five.
LONDON: The number of people in Britain owning four or more luxury cars is on the increase, with some clients owning more than 30, according to insurer Aviva.
Some of the car collections mean more to their owners than a mere form of transportation, with staff employed to look after them.
The insurer said the average vehicle mileage for these luxury cars is 5000 miles a year, only two thirds of the national average.
Some of the rising popularity of prestige car collections is thought to relate to investors looking to new ways to invest their money in the current economic climate. Unique and collectable cars hold their resale value, and some vehicles have changed hands for millions, Aviva said.
The typical insurance value of a prestige car portfolio is £350,000, which though somewhat less than the reported £1.3 million US singer Beyonce paid for her husband Jay-Z’s 253mph Bugatti Veyron birthday present, is just over 69 times the value of the average new family car, the insurer added.
Porsche topped the list as this year’s most popular prestige car for insurance quotes on Aviva's Distinct contract, with Bentley, Aston Martin, Ferrari and Jaguar completing the top five.
Maryam Mirza- Monstars
-
Posts : 981
Join date : 2011-06-18
Age : 33
Character sheet
Experience:
(500/500)
Similar topics
» New Vehicles in Pakistan
» PUNJAB VEHICLES - New Registration - CALCULATOR
» PUNJAB VEHICLES TOKEN TAX CALCULATOR
» PUNJAB VEHICLES - Transfer of Ownership - CALCULATOR
» Trolley bus converted into battery-powered vehicles
» PUNJAB VEHICLES - New Registration - CALCULATOR
» PUNJAB VEHICLES TOKEN TAX CALCULATOR
» PUNJAB VEHICLES - Transfer of Ownership - CALCULATOR
» Trolley bus converted into battery-powered vehicles
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Yesterday at 11:25 am by ali001
» MindfulMe - Mental Health App
Mon Nov 04, 2024 10:50 am by ali001
» Learn Candlestick Patterns
Tue Oct 15, 2024 5:51 am by ali001
» Woh Pagal Si Episode 52 to 62 - Top Pakistani Drama
Sat Sep 21, 2024 6:26 pm by Mir Emmad Ali Khan Domki
» Nearu - share your socials
Sat Sep 21, 2024 1:12 pm by ali001
» Nightclub Tycoon: Idle Empire
Thu Sep 19, 2024 9:16 pm by ali001
» Carnivore - Meat Diet Recipes
Wed Sep 18, 2024 2:37 pm by ali001
» Eid Milad un Nabi Mubarak 2024 (Rabiʻ I 14, 1446 AH)
Tue Sep 17, 2024 3:44 pm by Mir Emmad Ali Khan Domki
» Dil Tujhpe Aa Gaya (Full Song) Film - Dil Hai Ke Manta Nahin
Tue Sep 17, 2024 2:53 pm by Mir Emmad Ali Khan Domki