Collectible Vehicles Historical Background:
- At the beginning of the 20th century, vehicles were built by hand and in small quantities – many of them are now considered rare and prestigious.
- Starting in the 1950s, a wave of mass production began, but also unique designs – such as the Mustang, Cadillac, Bugatti and more – which over time became collectible items.
- There are clubs, fairs and exhibitions for classic cars around the world, and investors purchase such vehicles as a long-term investment.
A collector’s car is an old vehicle that is considered to have historical, cultural or sentimental value – and not necessarily for everyday use. In many countries, including Israel, such a vehicle is subject to special definitions and certain exemptions from taxes and insurance, but also restrictions.
According to the Ministry of Transportation, a “collector’s vehicle” is: a vehicle that is 30 years old or more (from the year of manufacture), that has been maintained in proper and authentic condition, and that has not undergone any significant changes from the original.
Main conditions for registering as a collector’s vehicle in Israel:
- Age of the vehicle – at least 30 years from the date of manufacture
- Vehicle condition – in good condition, well maintained, consistent with the original.
- Use – Commercial use is prohibited.
- Special licensing inspection – The vehicle must be presented for inspection at a licensing institute, sometimes with a rare or collector’s vehicle permit.
Maintenance of a collector’s car:
- Usually, safety testing is not required like for a new car (e.g. pollution tests), but there are technical requirements.
- It is recommended to store the vehicle in a dry and protected place.
- It is often necessary to order parts from abroad.
- It is worth belonging to a collector’s club – for the purpose of exchanging parts, consulting, and meetings.
Yes – but only under these conditions:
- Whether the vehicle is original or meticulously restored.
- If it is a rare and sought-after model – such as a 1965 Mustang Sport, an old Ferrari, a classic Mercedes SL.
- If you are servicing the vehicle yourself or with a specialist mechanic.
- If you are willing to hold the vehicle for many years – as an illiquid asset.
No – if you:
- Looking for a vehicle for regular trips.
- Not willing to spend on maintenance, storage space, or rare repairs.
- Looking for a quick or liquid investment.
collectible
- 1960s Ford Mustang
- Mercedes SL from the 1970s
- Classic Chevrolet Camaro
- Toyota FJ40 (Jeep Land Cruiser)
- BMW E30
- Jeep Willys
