Abstract
This minor dissertation investigates the overall feasibility of classic cars as an alternative investment strategy as well as the price determinants of classic car values. It is the first known study from a South African perspective. A sample of 287 classic car auction sales was considered over a 15-year period between January 2005 and January 2020. A hedonic regression was utilised in order to establish the price determinants for classic cars. In addition, traditional asset returns were compared to the classic car returns. Compared to other assets, returns on classic cars remained strong. Over the 15-year period, it was noted that only gold remained relatively strong and in line with the classic car returns. It was also noted that classic cars have very low correlations with other traditional investments. This makes them good assets for diversification opportunities.