The cars we offer on CrowdClassics.co.uk are handpicked by one of Britain's top classics experts. All cars are grouped into different investment themes to make it easier for you to choose.
When you find one you like, invest at the click of a button. Investments into single car typically range from £50 to £5,000.
We do all the stressful bits - like the road tax, insurance, storage, maintenance, repairs (if needed) and selling. There's a one-off 2% upfront fee.
When you're ready to sell, you have two options:
1. The 3-yearly exit
After 3 years, we offer all investors the chance to sell at market value. The car valuation will be made by an independent classic car expert. We typically will list the car in both classic car ads and concessions.
2. The 5-yearly exit
Just like the 3-yearly exit, we offer all investors the chance to sell at market value. The car value will be made by an independent classic car expert. We typically will list the car in both classic car ads and concessions.
We don't charge anything to sell. The proceeds are yours.
As we speak, we are building a 'Resale' market in order to allow a shorter exit protection:
1. The Resale market*
At any time, you can offer your holdings to other investors on the market at a price of your choice. The exchange platform is our online classic car market, where investors can trade their shares with each other. You also choose how much of your holding that you would like to sell.
(*): This feature is not available at the moment. We aim to release it by mid-2016.