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Boulevard Motorcar Company CEO Charles Bronson on how investors can profit from vintage car investments.
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Investors are always looking for new ways to make money and we're trying to help you find new ways we have found one CEO who has a branding strategy that he says.
Could produce an average of 17%.
-- returns per year not bad.
Do we believe that well here's Charles Bronson he's the CEO of boulevard motor company.
With the idea and basically it's investing in vintage an exotic vehicles.
That's a much exotic the deathly vintage and antique cars were looking at the top 2500 cars of all time when you compare at the -- vast number of cars have been produced over.
Many different countries many different companies.
And all over the world we're talking about millions and millions of cars we've cooked and done -- the top 2500 cars of all time.
And that's what I'm interest in investing in and putting a pool funds together and which -- it requires many of those as we -- OK so let's get to the concept of putting together a fund.
With what you say could be really wonderful returns and the fund would look like what what would -- and -- Well they'd be broken down a number of segments will let you have early cars to about 1905 about 5% of the fun -- we waited on what we call.
Early transitional cars that's basically when we moved small -- -- care issue early transfer modes of transportation in the next segment on the early.
Prewar classics -- -- -- your dues and birds prewar office post war collectibles includes your post where things including for going flushing don't know.
The value of some of these is more than 750000.
Dollars per vehicle in their obviously very vintage corrected.
So nobody would own the actual car they don't a piece of it in the fund and then you would trade the cars.
That is exactly -- similar you would non apple today that you would dominate a chunk of apple depending on what your investment and apple is here's a Ferrari here's another Ferrari these are unbelievable 1963 to fifty GT oh.
And did you have to capital to do discuss your father started the business is correct and your real expert in this right out to does it matter if these things don't drive.
No we do actually drive them how it's monitor few weeks ago in the -- mountains took it.
Three and half million dollars bonus -- And 800 miles there.
What are you launching a fun what will be its name and how to people get involved -- they believe that this is a better return of the S&P 500 which by the way since nineteen.
Seven.
Has returned much less than 70% about 7% we're not going to be as liquid of course -- -- be a lock up fund -- someone after like to fine art fund which was launched launched in England and 74.
So we'll have a great number of people that are actually involved in actually -- new cars will there be a minimum it amount of investment what we're -- we're still where we will working in determining the bottom amount first minor investment what's the best car and it right now that.
It's going to be in it.
Probably.
-- -- assessment savings Burton which is valued at what I think we have a picture that -- somewhere in the neighborhood of twenty million dollars twenty.
Billion.
Dollars went to acquire happy to acquire this is something waiting to required to moments as -- the reasons we're looking to brace for funds is to go after these GTO's.
-- -- -- -- Tear drops double Lagos hi -- long tails that derives from Mercedes we are.
The -- the best of the best OK so no -- -- or at least they roll down one Halen -- aren't -- curled up next.
Good to see thank you very thank you very much for having me Charles brought send thank you David and -- -- we.
