According to Aviva – car insurance provider, some of their clients own more than 30 high quality cars showing owning multiple motors is no longer something only the A list do.

They showed that these car collections are often more cared for like a treasured piece of art rather than for transport, as staff are employed to look after them for their owners.

The average vehicle mileage is 5000 miles a year for these multiple car owners motors, which is two thirds of the national average.

“The popularity of owning a collection of high value cars is growing among the wealthy of the population generally – it is not simply the preserve of A-list footballers and pop stars,” said Scott Leonard, Aviva high net worth underwriting manager.

“High value cars can be assets that appreciate in value too – some classic cars with famous prior owners have changed hands for millions of pounds.”

This rise is in part thought to be due to investors looking to find new ways to invest their money in the current economic climate as collectable cars hold their resale value.

A typical prestige car amounts to a value of £350,000 which is just over 69 times the value of the average new family car.

Top 10 Prestige Cars

The top 10 prestige cars quoted for in 2010 are:

Porsche

Bentley

Aston Martin

Ferrari

Jaguar

Mercedes

Range Rover

Maserati

Lamborghini

Rolls Royce

Buy Prestige Car Parts Online

If you collect high value cars and require a replacement car part to ensure it retains its value, try investigating online stockists.

The types of spare parts available on the internet range from second hand parts to top end replacement parts for cars such as Porsches and Bentleys.

This news was announced by the General Administration of Quality Supervision, Inspection and Quarantine on Friday. The set date of recollection is June 25 and will come at no cost to the customer. The administration said in a statement that “gas pipes in these cars could be disconnected due to substandard production materials, which could lead to engine failure”

BMW now faces the long job of remodelling the gas pipes and replaceing the gas tanks for over a thousand vehicles.