Old is gold, as classic cars steer towards market value of US$35 billion
Add BT as a preferred source
SHREEJIT Changaroth has an understanding wife who doesn't mind his spending time with an Escort. But that might be because it has four wheels instead of two legs (it's a 1979 Ford Escort Sport), and because Changaroth could be sitting on gold if it rises in value.
The Escort is part of a collection that includes a 1973 Alfa Romeo Giulia and, from the same year, a Volkswagen 1303S, affectionately known as the "Super Beetle" among fans of the classic VW bug. "Technically, they are all my son's," says the railway engineer and freelance motoring writer.
Like many classic car owners, Changaroth is cagey about how much money has gone into his collection.
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital
