The Science Of ... , Evergreen Content

Why this Sanlam portfolio manager is investing in classic cars

This year the markets, compared to classic cars, were a distant second!

Leon Strümpher

Look for rust. High mileage is not a problem. Look for original parts. Does the car have a rare colour? Look for vehicles produced in small numbers.

Leon Strümpher

If you take it seriously it can pay off handsomely.

Leon Strümpher

Are cars good investments?

Considering their shocking depreciation; most definitely not!

Having said that; things change when referring to “classic” cars.

The Money Show’s Bruce Whitfield interviewed Leon Strümpher, a serious classic car investor and portfolio manager at Sanlam Private Wealth, for his weekly "The Science Of" feature.

Strümpher discussed the market for classic cars in South Africa and how to determine if it’s a good investment.

Scroll down for quotes from the audio below.

Classic cars are at least about 40 years old.

Leon Strümpher

Vintage cars come from the pre-war era.

Leon Strümpher

A true classic is a head-turner.

Leon Strümpher

The VW Transporter – the surfing van – is coming into vogue. They’re so practical and simple!

Leon Strümpher

Selling online would be the best way to market your classic car abroad.

Leon Strümpher

The biggest collectors can’t sell their cars, because they just love them too much!

Leon Strümpher

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
How to overcome the fear of failure (and other tips from a serial entrepreneur)

How to overcome the fear of failure (and other tips from a serial entrepreneur)

Nic Haralambous knows a thing or three about starting a small business with almost no money. He offers this advice…

What a three-way Olympic swimming tie says about our strange measuring system

What a three-way Olympic swimming tie says about our strange measuring system

The metric system defines the world around us, but those definitions are not what you think they are.

Meet Keith Kirsten, guru of gardening and world-renowned horticulturist

Meet Keith Kirsten, guru of gardening and world-renowned horticulturist

Bruce Whitfield interviews Kirsten about his 30-year-long career and his new franchise concept, Keith Kirsten Garden Centre.

How a single township internet café grew into a nationwide IT franchise business

How a single township internet café grew into a nationwide IT franchise business

Meet the inspirational Luvuyo Rani, Social Entrepreneur of 2016. Learn about his fascinating business and the lives he’s changing.

Auschwitz concentration camp liberated on this day (27 January) in 1945

Auschwitz concentration camp liberated on this day (27 January) in 1945

The Red Army liberated Auschwitz - Nazi Germany’s largest concentration camp – on this day, 72 years ago.

The best age to sell your car

The best age to sell your car

Should you sell while it’s still worth a bit? Or should you drive it ‘till the doors fall off? We interviewed Mike Schussler...

Popular articles
Michael Mol (SA’s hunkiest, most well-known doctor) bares his soul about money

Michael Mol (SA’s hunkiest, most well-known doctor) bares his soul about money

The Money Show’s Bruce Whitfield interviews Mol about his money beliefs, hopes and fears, successes and failures.

3 best JSE investments in these recessionary times (by Truffle Asset Management)

3 best JSE investments in these recessionary times (by Truffle Asset Management)

The Money Show’s Bruce Whitfield interviews Truffle Asset Management Portfolio Manager Jonathan Du Toit.

WC Liquor Traders say new booze laws will shut small township traders down

WC Liquor Traders say new booze laws will shut small township traders down

The organisation says they were not consulted before the regulations were passed.

"If the ANC splits now it will not come into power in 2019"

"If the ANC splits now it will not come into power in 2019"

Political analyst Lukhona Mnguni takes a look at the big ANC provincial meetings that took place ahead of the national conference.

More South Africans on social grants than those earning an income

More South Africans on social grants than those earning an income

According to SAIRR researcher Gerbrandt van Heerden the number of people receiving social grants has increased by 328% since 2001.

5 facts about the new SA number plates being implemented this year

5 facts about the new SA number plates being implemented this year

No official date has been set for the roll out of SA's new number plate legislation, but here's what you need to know so long.