Interesting Read About Classic Car Prices

https://www.dailymai...st-1-April.html

Can anyone summarise? I can't read anything from that rag out of principle..

Your Jag/Daimler is worth four quid now

They're surprised that, as has usually happened in previous decades, as interest rates go up/look like going up and the FTSE 100 rises, which since 2016 it has, classic car prices go down as investors sell to put funds elsewhere

Edited by fiveoclock, 10 December 2018 - 10:46 PM.

Comment below is so true. minus the Prius.

It is a generational thing. I dreamt of owning an E-Type when I was a kid in the seventies and have gone on to own two. My daughter thought it was the ugliest car going and I run into other younger ones her age who are enthusiasts, but it is all about the motors of the nineties when they were young. So-called "brass cars" sell for a song these days because that generation who listed for them are dying. I am certain in some distant future, some young person will be listing after the first gen Prius. Sad.

They're surprised that, as has usually happened in previous decades, as interest rates go up/look like going up and the FTSE 100 rises, which since 2016 it has, classic car prices go down as investors sell to put funds elsewhere

Ah.. glad I didn't bother then. I presume their next newsflash will be to declare the Pope to be a Catholic..

 

Can anyone summarise? I can't read anything from that rag out of principle..

Your Jag/Daimler is worth four quid now

 

They're probably about right there, though..