App allows you to partially own a collectible car
Allowing anyone to invest in a vintage vehicle, this app allows you to own a (very small) part of a classic for as little as $40.
Rally Rd., only available on iOS (sorry Android users), is an app that helps you find collector cars to invest in through your funding source. The roster of cars available is selected based on what they consider to be a good future investment, based on historical significance, rarity, condition, and so on. Unfortunately, even though you own part of the car, there won’t be any wheel time available to any of the investors, so it’s not a timeshare for collectibles situation, it’s essentially just all about the money you could make.
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The vehicles up for investment are housed in a climate controlled warehouse at an undisclosed location, but from time-to-time, they’re also displayed in a showroom in 250 Lafayette Street in Manhattan, NY, that’s open to the public on Saturdays.
When you register for the app, you’re offered listings of cars that need funding, or you can browse through listings that have been fully funded, if you’re just interested. Additional details about the cars are offered when you select one by swiping up, and users are shown images, specific timeline details about the car, and a comparable-asset chart.
Once you’re ready to buy-in on a vehicle, it’s really no different from buying stock in a company. Shares vary by vehicle, and, just like with any investment, there is a level of risk involved and no guarantee that you’ll actually end up making any money before you decided to sell, or if the company decides to liquidate.
All the standard investor realities aside, this is a much more interesting way to invest money than most of the other options out there - sure, you could invest in a dry cleaning chemical company, but where’s the fun in that? Even just the novelty of having some pictures saved of ‘your’ Lambo in your phone and a story to tell might make this a fun thing to participate in, even if it’s just a small amount invested.
Classic Cars for Sale
A genuine SO42 Westfalia Split Screen Camper, the only conversion that could be ordered from the Wolfsburg factory. This model is highly sought after, particularly with it being the rarer walk through model with the turret pop top. It is super clean and thoroughly decked out. The body panels are remarkably straight and very nice and still posses all of the original doors, decklid, hatch, apron and
Spectacular condition Just released from over a decade of long-term ownership Previous Ferrari collector ownership Only 26,679 actual miles! Matching numbers 320hp Colombo V12 engine Documented by noted Ferrari historian Marcel Massini Previously shown at the Concorso Italiano and the Ferrari Club of America Concours d’Elegance Sold new through Luigi Chinetti Motors (the fir
1967 Triumph Spitfire Mk3 - "Bertie" Fully restored by myself in 1989 and has been part of the family ever since. Kept in dry storage since its restoration and never taken out in the rain. The car had a fully reconditioned engine fitted last year and runs with no problems, starts first time, every time. The car is in need of some cosmetic interior/exterior work and would make a perfect, simple,
Jaguar E-type S1 FHC 4.2 1967 One of the greatest sports cars , Jaguars E-type made immediate headlines on its launch in 1961, The sleek and beautiful 150 mph car with a competition pedigree that could be bought for almost half the cost of an Aston Martin or Ferrari, The 4.2-Litre engine was introduced on the series one in October 1964, in addition to a more user friendly all synchromesh gear b