Everyone would love to one a $20 million classic Ferrari 250 GTO but keeping the car safe and sound can be a nightmare.
As all classic car collectors realise, specialist cars have stringent insurance conditions and to make sure the car retains value, the right storage has to be provided.
Few classic car collectors are lucky enough to have the funds for one of just 36 170 mph Ferraris made in the early Sixties, and is widely regarded by many as the ultimate sports car.
Collecting and restoring classic cars has a huge following of enthusiasts.
Cars are lovingly restored to end-of-production-line condition and it’s a point of pride as well as sensible to maintain them like that, otherwise their value diminishes.
Self-storage is an ideal place to keep a classic car away from sticky fingers and the ravages of the elements.
Lots of classic cars are kept in draughty garages under tarpaulins, but serious enthusiasts realise the climate-controlled, damp-free and secure environment of a self-storage centre provides the best conditions for keeping their valuable asset at a reasonable price.
Lockaway Self-Storage has drive-up storage that is just right for classic cars.
The rooms are cool, dry and clean, that helps keep the car pristine and rust-free.
Damaging ultraviolet is banished, as self-storage is windowless so the sun can’t take the sheen and lustre away from delicate paintwork.
Secure storage facilities with 24/7 CCTV coverage also mean the car is safe.
All the owner has to do is check up on the car and arrange to move any settled dust – that’s the one thing Lockaway Self Storage cannot guarantee will creep in to your storage room.
The market for top-end classic cars is buoyant, with a UK collector recently selling a 1930s Alfa Romeo 8C 2900 sports car for £12 million. A Ferrari 250 Testa Rossa sold for about £8 million in May 2009 and holds the record for a car offered in a public auction.
If you fancy buying in to your motoring dream, 50 classic cars are due to go under the hammer at Oxford on March 6.
The lots include a 1956 Bentley S1 Continental sports saloon, valued at a more modest £150,000 - £180,000 in comparison to the Ferrari.
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Tags: classic car, Self storage, storage unit