Have Classic Car values found a new level?
Discussion
Are classic cars now at a structural change in price level versus 10 years ago ?
What I mean is - is something like a Porsche 911 1985 going to stay over a minimum level of say £40k regardless if we have another downturn ?
Things like MGs, Audi Quattro, Honda Nsx, BMW 3.0cs ???
2nd discussion
Are advances in electric cars going to hurt the value of classic cars in 10 years time ?
If someone can open a straw poll ?
I would say the appreciation of classic cars from any era will reach a peak far higher than it is now. When they can still be driven and displayed and showed.
And then, when petrol is taxed beyond acceptable levels, the prices will drop on a lot of stuff, other than the very top end, and they will become almost like antiques.
As you won't be able to tax, insure or MOT non electric cars, they will be simply be possessions!
And then, when petrol is taxed beyond acceptable levels, the prices will drop on a lot of stuff, other than the very top end, and they will become almost like antiques.
As you won't be able to tax, insure or MOT non electric cars, they will be simply be possessions!
f1ten said:
Are advances in electric cars going to hurt the value of classic cars in 10 years time ?
Why would electric car advances have any effect on classic car values, other than the eventual effect that younger generations will have less interest in the internal combustion engine, and thus have possibly less desire to own/understand an older car. Of course then there's the issue of polititians trying to legislate classic cars off the roads because of autonomus tech....buts that a different issue.So, 10 years, no.
25-30+ years might be different story though.
But then again, there are plenty of people still with an interest in the 'brass-car' era, and they are all way out of even living memory for pretty much anyone still with a driving licence!!
chunder27 said:
I would say the appreciation of classic cars from any era will reach a peak far higher than it is now. When they can still be driven and displayed and showed.
And then, when petrol is taxed beyond acceptable levels, the prices will drop on a lot of stuff, other than the very top end, and they will become almost like antiques.
As you won't be able to tax, insure or MOT non electric cars, they will be simply be possessions!
As you can still drive a steam powered car on the road, I am not sure why anyone thinks that diesel and petrol will be banned at any time in the near future - who is going to cough up the billions of pounds needed in compensation for car owners?!And then, when petrol is taxed beyond acceptable levels, the prices will drop on a lot of stuff, other than the very top end, and they will become almost like antiques.
As you won't be able to tax, insure or MOT non electric cars, they will be simply be possessions!
A very good friend of mine is a big wheel in the world of autonomous vehicles. He has opined that the that the "benefits" autonomous vehicles can deliver is conditional on:
a. Their being the only vehicles on the roads.
b. Their being used by us humans on a sort of SaaS basis, i.e. we don't own them, they're just glorified taxis.
If the is correct it means that either autonomous vehicles will never really take off, except in specific "people moving" applications (like car to airport terminal).
Or the government will ban all non-autonomous vehicles.
If the latter then a bleak outlook for classic owners. But the reduction in demand for petrol or diesel caused by electric cars will put a constraint on IC cars before then and I think that's the real threat.
a. Their being the only vehicles on the roads.
b. Their being used by us humans on a sort of SaaS basis, i.e. we don't own them, they're just glorified taxis.
If the is correct it means that either autonomous vehicles will never really take off, except in specific "people moving" applications (like car to airport terminal).
Or the government will ban all non-autonomous vehicles.
If the latter then a bleak outlook for classic owners. But the reduction in demand for petrol or diesel caused by electric cars will put a constraint on IC cars before then and I think that's the real threat.
chunder27 said:
As you won't be able to tax, insure or MOT non electric cars, they will be simply be possessions!
From what I understand, new ICE cars will be banned from sale from 2040 onwards. However that doesn't mean that all ICE cars from history will be banned on that date, which means theoretically classic stuff should be safe. What could cause a problem though are the subsequent reductions in petrol/diesel stations, making it more difficult to obtain fuel for your classic. Also between now and then, the government is likely to tax the b
ks off anything modern as it gets older, to attempt to force it off the road. I wouldn't be surprised if my 2013 vehicle is one day £500+ to tax, despite it now being £135 and a very regular/average player on the emissions/engine capacity field. Yertis said:
Or the government will ban all non-autonomous vehicles.
Ultimately, this is what will happen at some point in the future, possibly 20+ years away yet, but, I'm still not convinced that our road network layout/infrastructure in UK will ever support autonomous.We'll have to go back to a pre-Beeching size rail type network with local level autonomous 'taxi' systems to link to the larger rail network.
The classic car world is safe for another 20-25 years as is I think, so just about long enough for my remaining driving time
Muddle238 said:
From what I understand, new ICE cars will be banned from sale from 2040 onwards. However that doesn't mean that all ICE cars from history will be banned on that date, which means theoretically classic stuff should be safe.
What could cause a problem though are the subsequent reductions in petrol/diesel stations, making it more difficult to obtain fuel for your classic. Also between now and then, the government is likely to tax the bks off anything modern as it gets older, to attempt to force it off the road. I wouldn't be surprised if my 2013 vehicle is one day £500+ to tax, despite it now being £135 and a very regular/average player on the emissions/engine capacity field.
you understand wrongly What could cause a problem though are the subsequent reductions in petrol/diesel stations, making it more difficult to obtain fuel for your classic. Also between now and then, the government is likely to tax the b
ks off anything modern as it gets older, to attempt to force it off the road. I wouldn't be surprised if my 2013 vehicle is one day £500+ to tax, despite it now being £135 and a very regular/average player on the emissions/engine capacity field. 
the discussion - which is not law yet - was vehicles which are exclusively ICE - so a hybrid will still be fine - and as there is a lot of sense in adding electric motors to ICE to provide extra torque / reduce emissions / generate regenerative power from braking / etc. this makes sense - it is not a ban on ICE and only EV...
Taxes have not been retrospective so far - in fact, arguably the rolling tax exemption for 40+ year old cars, and the new MOT changes suggest exactly the opposite - that the government has no big intention to remove older cars - the reality is that it could be political suicide and over time the significant number of cars changing to newer ones will mean a gradual change anyway...
I've always wanted an early 80's 911 and should have bought one years ago when they were affordable.
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
devs said:
I've always wanted an early 80's 911 and should have bought one years ago when they were affordable.
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
Nice one, get over to impactbumpers.com and make yourself known :-)Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
devs said:
I've always wanted an early 80's 911 and should have bought one years ago when they were affordable.
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
I'm in a similar situation to your Dev, I lost my Dad fairly recently and a very good friend a few months before that, so I've been thinking about pushing the boat out to get something special because life is indeed much too short. I've been looking at solid usable 912s and '70s / '80s impact bumper 911s with a view to bagging a long term toy as soon as possible.Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
Congratulations on your purchase and best of luck with it
devs said:
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
Top marks that man...... I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
A very similar situation and thought process a couple of years ago, tipped me over the edge to bite the bullet and get the 1932 Ford coupe I've always dreamed of owing since seeing American Graffiti as a teenager over 40 years ago.
As you say, life's too short.
devs said:
I've always wanted an early 80's 911 and should have bought one years ago when they were affordable.
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
Brilliant!Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
Better to regret something you have done, than something you haven't!
As for the end of ICE cars and us driving, I think our country simply won't have the infrastructure within our lifetime.
And any government that did try to implement it would be on the way to being an ex government.
Brilliant well done and on my bucket list is also an 80a 911
devs said:
I've always wanted an early 80's 911 and should have bought one years ago when they were affordable.
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
Following a recent bereavement, I thought to myself that life is way too short and then continued to sell pretty much everything I had in the garage and yesterday i finally bought a 1984 911. I'm collecting it next week.
I was concerned that I may miss my one opportunity to actually buy one of these cars as their values continue to rocket and the entry level will become unreachable.
Whilst I know I've bought at the most expensive time and it may come back to bite me in the arse, big bucket list tick for me and in my current mindset, you don't have long in this world so ... one happy man!
My old sl60 is now chargeable to enter central London congestion zone. That annoys the hell out of me frankly this country is becoming a tax and clamp down society.
I too think we have 20/25 yrs on classic cars but youngsters I think are missing tHe point about historic cars. The touch the smell the feel. I'm planning to own and drive as many NA beasts as I can gettbmy hands on in the next decade !
I too think we have 20/25 yrs on classic cars but youngsters I think are missing tHe point about historic cars. The touch the smell the feel. I'm planning to own and drive as many NA beasts as I can gettbmy hands on in the next decade !
Horsetan said:
chunder27 said:
I would say the appreciation of classic cars from any era will reach a peak far higher than it is now. When they can still be driven and displayed and showed.....
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