Try GOLD - Free
RUST TO RICHES
Forbes Africa
|June - July 2025
OPPORTUNITIES ABOUND IN SOUTH AFRICA'S VINTAGE CAR MARKET. IT'S LIKE A TREASURE HUNT, WITH SOME INCREDIBLY RARE CLASSIC VEHICLES SCATTERED ACROSS THE CONTINENT, SOMETIMES IN THE REMOTEST VILLAGES.
If you've ever driven past an old Mercedes-Benz rusting in a field, or spotted a forgotten VW Kombi parked behind a rural shack, chances are you were looking at a small fortune on wheels. For Paul Maree, a 25-year-old vintage car enthusiast based in Johannesburg, spotting and restoring these hidden treasures isn't just a hobby- it's a calling passed down through generations.
“My dad grew up poor in Pretoria, and working on cars was just what you did. He’d buy old Harley-Davidsons, restore them, and export them for big money,” says Maree. “He once paid R30,000 ($1,663) for a bike and sold it for over R115,000 ($6,373) in Canada.”
Maree inherited more than just a collection of 14 vintage vehicles when his father, Albert Maree, passed away in 2022. He also inherited a philosophy: the hobby must pay for itself.
And it does—just about. “I try to do everything myself,” says Maree. “Unless it’s a job like paintwork or one that needs massive pieces of machinery, I’m the one sanding, fixing, and assembling.”
He’s currently restoring a rare 1965 VW split-window double cab, which he bought for R120,000 ($6,650). When finished, he expects to sell it for around R750,000 ($41,562). “I'll spend about R300,000 ($16,630) on the restoration, but it’s taken three years of hard work. People think it’s quick money, but they don’t see the hours.”
There's an almost spiritual joy for Maree in reviving machines others have given up on. “There's a morbid fixation I have with fixing what no one else can—or wants to. I’ve always been that kid who took things apart just to see if I could put them back together.”
This story is from the June - July 2025 edition of Forbes Africa.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Forbes Africa
Forbes Africa
THE TRAILBLAZER AT FULL THROTTLE
THE AFRICAN CONTINENT HAS BEEN STARVED OF HOMEGROWN FORMULA 1 DRIVERS FOR DECADES. THAT COULD SOON CHANGE WITH GHAZI MOTLEKAR.
3 mins
April - May 2026
Forbes Africa
AFRICA'S HEALTHTECH REVOLUTION: PIONEERING SOLUTIONS FOR A HEALTHIER FUTURE
The global conversation about technology in healthcare often looks to Silicon Valley for inspiration.
3 mins
April - May 2026
Forbes Africa
RECOGNITION PLAYS A CRITICAL ROLE AT WORK BUT WHEN FLATTERY COMES WITH STRINGS ATTACHED
Most of us think of flattery as fairly harmless.
2 mins
April - May 2026
Forbes Africa
Africa's Youth Surge Could Become An Economic Liability Unless Workplace Changes Are Made
Youth unemployment remains persistently high across many African economies.
4 mins
April - May 2026
Forbes Africa
A New Benchmark for Aviation Employers in Africa
In aviation, discipline equates to survival-margins are tight, safety is nonnegotiable and execution must be exact.
2 mins
April - May 2026
Forbes Africa
THE ALCHEMIST OF AI
SAM ALTMAN FOUNDED HIS FIRST TECH COMPANY AS A TEENAGER AND WAS RUNNING Y COMBINATOR, THE WORLD'S LEADING STARTUP ACCELERATOR, BY 28.
15 mins
April - May 2026
Forbes Africa
RIVIERA RENDEZVOUS
THE VOLCANIC ISLAND OF RÉUNION MAY BE GEOGRAPHICALLY AFRICAN, BUT IT WEARS ITS FRENCH HERITAGE WITH A CONFIDENCE THAT COULD EASILY BE MISTAKEN FOR THE CÔTE D'AZUR.
2 mins
April - May 2026
Forbes Africa
AI MIGHT SAVE THE WORLD, BUT ONLY IF HUMANS GET OUT OF THE WAY
On the evening of April 14, 1912, the RMS Titanic was sailing at full speed through the North Atlantic.
2 mins
April - May 2026
Forbes Africa
THE NEW WINAPITAL
NO VINEYARDS, NO MOUNTAIN BACKDROPS, NO PROBLEM. SOUTH AFRICA'S COMMERCIAL HEARTLAND, GAUTENG, IS FAST EMERGING AS A COMPELLING DESTINATION FOR WINE LOVERS, WITH WINE ESTATES AND SOMMELIERS OFFERING A TASTE OF CAPE TOWN IN THE CITY.
4 mins
April - May 2026
Forbes Africa
THE GREAT AI ARBITRAGE: WHY A FRAGMENTED WORLD IS A DANGEROUS ONE
In early maritime trade, merchants avoided a king's tax by docking just a few miles further along the coast, under a different jurisdiction.
3 mins
April - May 2026
Listen
Translate
Change font size

