Do classic car 'anniversaries' have an impact on value?
Discussion
What are peoples thoughts on this? I'm considering making some classic car investments and just wondering if big (40/50/60 year) anniversaries on classics makes a differemce, price wise.
I know that most of the big classic mags tend to run features on the big anniversaries but clearly the car(s) have to be at the more desirable/rare end of the market already.
Thoughts welcome although I know it aint no exact science.
I know that most of the big classic mags tend to run features on the big anniversaries but clearly the car(s) have to be at the more desirable/rare end of the market already.
Thoughts welcome although I know it aint no exact science.
...but surely only because there is lots of stock out there for dealers / vendors generally to offer for sale = generates interest / advertising space and it all looks like a 'time to buy'.
Contrast with other car anniversaries this year - 50 years since the Cobra, 50 since the Alfa Giulia; MGB; etc etc and although some press coverage not as much as last year with the E-type. Maybe it was a blip for an 'iconic' model?
I may be a bit cynical but do think a lot of the hype is selling / advertising driven, which is fine but as buyers we need to be aware of it!
A bit like buying a soft top car in November....buy out of season and reap financial rewards.
If investing, maybe a bit of research into what anniversaries are coming up in the next couple of years - esp for key models with a definite launch date / year
Contrast with other car anniversaries this year - 50 years since the Cobra, 50 since the Alfa Giulia; MGB; etc etc and although some press coverage not as much as last year with the E-type. Maybe it was a blip for an 'iconic' model?
I may be a bit cynical but do think a lot of the hype is selling / advertising driven, which is fine but as buyers we need to be aware of it!
A bit like buying a soft top car in November....buy out of season and reap financial rewards.
If investing, maybe a bit of research into what anniversaries are coming up in the next couple of years - esp for key models with a definite launch date / year
Some thoughts on upcoming model anniversaries, maybe anyway, these are all from memory and I well have it completely wrong!
To appeal to us enthusiasts the model/s will usually be something sporty or with a bit of history. Old rally cars would be good, and period circuit racers - more championships with 70s/80s/90s stuff in coming up I reckon, so things like...
Lotus Cortinas?
Lancias - Monte Carlos; etc
FIATs - esp 131 rally cars; X19 racers
Alfas - suds, transaxle cars (Giulias a known and rising market); 75s; 155s
Vauxhalls - think Bill Blydenstein circuit racers; rally cars
Gordinis
Alpines
Abarths (but may be an over-subscribed market already there)
Jaguar XJC? (the V12 70s coupe circuit racer); XJSs
Citroen CX?
etc etc
Anything a bit sporty and with a bit of a 'halo' around it. Esp if you can predict models the magazine may be writing about in a couple of years time and have models on sale at the same time! Need a bit of decent storage and people seem to want cars in good nick these days rather than 'do-er-uppers'. the more prestigious the car (Jag say) the more of a turn-key car the new owner is likely to want?
Could be a fun exercise - let us know how you get on? Maybe write it up as an exercise in becoming a classic car wheeler-dealer?!
To appeal to us enthusiasts the model/s will usually be something sporty or with a bit of history. Old rally cars would be good, and period circuit racers - more championships with 70s/80s/90s stuff in coming up I reckon, so things like...
Lotus Cortinas?
Lancias - Monte Carlos; etc
FIATs - esp 131 rally cars; X19 racers
Alfas - suds, transaxle cars (Giulias a known and rising market); 75s; 155s
Vauxhalls - think Bill Blydenstein circuit racers; rally cars
Gordinis
Alpines
Abarths (but may be an over-subscribed market already there)
Jaguar XJC? (the V12 70s coupe circuit racer); XJSs
Citroen CX?
etc etc
Anything a bit sporty and with a bit of a 'halo' around it. Esp if you can predict models the magazine may be writing about in a couple of years time and have models on sale at the same time! Need a bit of decent storage and people seem to want cars in good nick these days rather than 'do-er-uppers'. the more prestigious the car (Jag say) the more of a turn-key car the new owner is likely to want?
Could be a fun exercise - let us know how you get on? Maybe write it up as an exercise in becoming a classic car wheeler-dealer?!
HebdenHedgehog said:
To appeal to us enthusiasts the model/s will usually be something sporty or with a bit of history...
Anything a bit sporty and with a bit of a 'halo' around it...
I think that these are the key points. There has to be a demand that outstrips supply (simple really, innit Anything a bit sporty and with a bit of a 'halo' around it...
) and a rarity factor.There are quite a few on your list above that could do pretty well I think.
The BMW 8 Series is 25 years old in 18 months time,with a few recent editorials written about this flagship model i think this was a very underestimated car and even Quentin Wilson predict's they will be a good future classic.........? and they can still be bought for sensible money.......! but maybe i am a bit bias as i do have two very low mileage one's at the moment but i do think the only way is up......!
SHutchinson said:
Yes. The recent 50 year anniversary of the E-type saw a rise in the value of those cars.
Did they really rise much ? I know very little about E-type pricing except that it vvries wildly! I do know that whenever I have looked at Eagle's website them seem to have some cars they have had for a long time which get more rather than less expenisve!Gassing Station | Classic Cars and Yesterday's Heroes | Top of Page | What's New | My Stuff