How investable are vintage cars as an asset class?
Vintage cars, purchased with knowledge and of significance, are very investable assets.
Is the market for vintage cars still very speculative and how frequently does it tend to display bubble behaviour?
The last major market bubble was in 1989-1990 which was speculator driven. That is not the case today. Thanks to a proliferation of all the media dedicated to the vintage car industry- it is seeing phenomenal growth that is fuelled by true car enthusiasts, not speculators.
This movement is very similar to the fine art market. Increasingly people see the great cars of the world as an art form with some of the rarest, worthy of being “masterpieces” in their own right.