VIN­TAGE CARS

MillionaireAsia India - - Wealth Management -

Man­u­fac­turer Year/Car Model Con­di­tion of the cars, Pre­vi­ous owner’s pedi­gree PROS: Ex­empted from cap­i­tal gains tax; deemed de­pre­ci­at­ing as­sets CONS: Clas­sic cars clock up only 80 miles (130km) a year on av­er­age; can­not be ofoaded eas­ily; high main­te­nance costs % IN­CREASE IN VALUE 1 year : 16 5 years 140 10 : 487 (as per KFLII)

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.