Rally Rd. App Lets You (Partially) Own a Collectible Vehicle
The goal of the app
As the Rally Rd. team states on the website, this entity exists “to democratize alternative investments like these, providing access, liquidity, and transparency to markets that have traditionally only been available to a select few.” CEO Christopher Bruno anticipates that the app will help shift public perception about cars as depreciating assets. “Collectible cars have delivered 300 percent plus returns over the past ten years.”
To enhance the security of your investment, a team of industry experts thoroughly evaluates each asset before releasing it to the public for investment. They also acquire, insure and professionally maintain and monitor the asset 24/7.
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Security and simplicity
This app excels at transparency, as evidenced by its detail and layout. Explore the available collector’s vehicles to invest in, via the Rally Rd. app, then choose one to invest in. You can also get to know a certain vehicle before committing to it. Simply browse photos, videos, receipts, and records available through the app. The app also displays proof of authenticity and filing statements for each vehicle it lists.
Because the Rally Rd. team wants everyone to have the opportunity to invest in a classic vehicle, shares start as low as $50. You can also buy and sell shares later on, for a flexible, dynamic investing experience.
If you’re looking for an auto-themed stock to invest in, check out this exciting new app that will help you partially own a collector car.
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News Sources: Rally Rd, Business Insider
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