It's well known that almost every car instantly halves in value when it is driven off the car lot. However some can become more of a collector item than something that gets you from A to B. One of the most common reasons for vehicle appreciation is the build quality. Many luxury cars are engineered and designed with more attention to detail for quality that lasts. Hand crafted cars that use natural materials such as wood and leather usually come with masterful quality.

Some cars are legendary because they perform well, look stunning, and just know how to dig deep into your petrol stained soul. These are the vehicles that true petrolheads love to collect and even restore if they have the skills. However, there are also cars that are manufactured in limited numbers, like the Ferrari 250 GTO, that appreciate in value because there are only 36! A limited model vehicle can fetch a fair price at an auction, so be sure to check your pride and joy.

Brits love buying used cars, and over 7.6 million are sold each year in the UK. Popular models that always seem to be trending are the Ford Fiesta, Vauxhall Corsa and Volkswagen Golf. While it is always a good idea to go for cute cars you love the look of, most won't appreciate in value, though! However, buying cars that are modern classics has a chance of increasing in value. Some examples include the 80s and 90s Acura NSX, Mazda RX-7 and Toyota GT2000.

Like any kind of collector's item, a car can massively increase in value if it is associated with fame. Maybe it was owned by a celebrity or appeared in a movie or TV show. While Bond drives Bentleys in the original novels, certain models of Aston Martin are synonymous with everyone's favourite spy. Of course, not everyone can afford an Astin! However, perhaps you have a TV show vehicle, such as the 1982 Pontiac Firebird Trans Am from the 80's classic "Knight Rider".

There are some cars that just blow you away and have become timeless classics because of their looks alone. Something like the Jaguar E-Type is a perfect example. Even today, not many vehicles have even come close to replicating its alluring silhouette, fine lines and 60s chic aesthetic. Another example is the 1955 Mercedes Alloy 300 SL. Cars like this can age like fine wine and art, with a 1961 Series I Jaguar E-Type selling for £911,250 at a 2023 car auction. The build quality of a vehicle can add to the car price appreciation you can expect. However, there are other factors at play that help a car increase in price, such as trends and popularity.