PHD Equity Partners Classic Car Fund

Not a new idea. Havent heard of the success rate of previous ones. curious though. Jon in Delaware

 

+1 Agree, a troubling sign.

 

2 to 2.5 million GBP is a pretty tiny fund (as funds go). It is a bit troubling, but at least it sounds like the cars will be driven.

 

What do they say about a fool and his money ? Surely nobody would be that stupid as to invest in this ?

 

if it is a fully managed enterprise, there would be expenses invoiced for everything including clearing the air someone fouled while looking at the cars, leaving little for investor profit, especially if started at current market with only a few million in assets... the marque headlining cars are out of reach with a such a small starting sum, making headline grabbing profits not viable... designed as a car club with pooling of assets to acquire a few cars, adding a lot of sweat equity to maintain and bring the cars close to 100 point standards, it could have a chance of survival with the main thrust being the ability to have access and enjoy cars otherwise not possible... there are on going costs with owning any car even if it is hermetically sealed and stored in a vault, not all F cars have the high value appreciation of a very few