Automobiles as exceptional assets: the Ferrari 250 GTO

Private Banking - 4/22/2016

Sometimes vintage collector vehicles represent the most highly profitable investments.
One classic example is the Ferrari 250 GTO

The Ferrari 250 GTO (1962-1964), which was considered an attractive but intimidating second-hand car until 1975 and was worth much less than a new Ferrari. In less than twenty years (1971-1989), however, this model generated staggering capital gains of around 100,000%, surging from 50,000 French francs in 1975 to 50 million in 1989.

Such remarkable returns were only possible in an "innocent", non-strategic market, but they nonetheless drew investor attention. Although a sharp downturn in prices dampened enthusiasm from 1990-1991, the value of the car shot up again. Today, a GTO is worth 20-30 million euros. Other more commonplace cars (Jaguar E-type, Ferrari Daytona) have "gained" 200-300% since 2013.

Appealing, but not risk-free! Counterfeits exist, there are poor quality cars whose troubled past weighs on their future, and losses can be just as spectacular as gains. Expert advice is vital, but the best guarantee is to choose a car you are passionate about.

If the potential capital gains evaporate, the love of the car remains intact.

Extract from the official Tour Auto programme, published by Le Point on 18th April 2016

Edmond de Rothschild Group partners with the Tour Auto Optic 2ooo for the fourth consecutive year

As a partner to the event since 2013, the Edmond de Rothschild Group remains committed to the Tour Auto Optic 2ooo. This year the Group will celebrate the 25th anniversary of this unique historical racing event which draws together motor enthusiasts and collectors from around the world. The Group has 4 teams competing in the competition this year, including a team which is flying the colours of the Fondation OPEJ – Baron Edmond de Rothschild.
From 18th to 24th April 2016, Pierre Le Gloahec and Ombeline de Clermont-Tonnerre will be teaming-up to participate in the Tour Auto Optic 2ooo. For the 4th consecutive year, they will be racing under the colours of the Edmond de Rothschild Group in support of the Fondation OPEJ, driving the legendary 1959 Jaguar MK1. Their objective is to promote OPEJ and encourage donations to help children enjoy a holiday with their parents.