The sharing economy is revolutionizing our relationship with ownership. However, these two forms of consumption – sharing and owning – are not mutually exclusive. Rather, they complement each other. What do I mean by this? The sharing economy leads to more conscious accumulation of possessions.
The classic car market can seem complicated and opaque. So where should curious investors start? One approach is classic car indices.
Recalls are on the rise and a growing problem, not just in Germany but worldwide – in the United States, for example, more vehicles have been recalled in the past five years than in the preceding ten years. Almost all major automakers have recalled vehicles in the past year.
The spaceship’s angular wings evoke the X-Wing, Y-Wing and U-Wing fighters, and its sloping cockpit and 8-lens headlamps are drawn directly from the Taycan.
Are you looking to buy a new car in 2020? You aren’t alone. January is one of the biggest car-buying months of the year. It’s a good time to buy, but make sure you know exactly what you’re getting yourself into. The first thing you should look out for: depreciation.
Winter roads can be dangerous, and even short drives during winter storms can be a challenge. There’s no way to beat the weather, but by taking steps to winterize your car, you can be ready for anything. Continue reading to learn how to servicing your car for winter, how to drive safely in cold weather, and what to pack in a car emergency kit in case things go south on winter roads.
Some might consider collecting classic cars a rich man’s game. It used to be, but this is changing. The classic car market is currently undergoing a seismic shift. The baby boomer generation long reigned over the classic car scene, but this old guard is leaving the game. A new generation with a taste for all things retro is taking over. This new breed collects cars from the 70s, 80s and 90s like the BMW M3s, the DMC DeLorean, or the Mecedes Benz SL.
Buying a used car, when done right, is always a better financial decision than buying new. You should be aware of this:
Car recalls are extremely common. In 2018 alone, 29 million cars were recalled by their manufacturers. If this happens to your car, read the recall letter and get your car fixed as soon as possible. Know more about this important topic.
One year ago, my two co-founders, Malte Häusler and Andreas Joebges, and I started Gapless, the world’s first blockchain platform for classic and premium cars. Know more about Gapless.
VIN stands for Vehicle Identification Number. That may sound boring, but if you own a car or are about to buy one, it’s just a matter of time before VINs become very important to you.
Investors are increasingly thinking about profitable alternatives that further diversify their portfolios and open up new markets – so in young and oldtimer.
Keeping track of your car’s service history doesn’t just help your mechanic, it also increases the vehicle’s value should you decide to sell it.
Not all cars are the same. It pays to know the difference. According to common knowledge, vehicles are financial liabilities, not smart investments… right? Not true, and those who know better have a lot to gain.