which classic car value is/will drop the most
Discussion
The recent Harry's Garage video of his 308 GTB fibreglass is pure class
https://www.youtube.com/watch?v=n7Qr1uJyxg4 Says it's nudging £150k though
https://www.youtube.com/watch?v=n7Qr1uJyxg4 Says it's nudging £150k though
rob07 said:
I have never driven a tr6 so cant comment on that, but I do own a 308 gtb and it really is superb in so many ways. I love the styling,the way it drives/rides and handles and sounds,its fast enought at about 155mph,the driving experience feels very special and still old skool, and it is very diy mantainable. My car saw very strong gains but has fallen back some in the last 2 odd years, not that I mind as I hope to never sell it.
a brief article on classic car prices.
http://www.evo.co.uk/news/20044/classic-car-prices...
To be honest I don’t think the 308 and TR6 belong on the same forum, let alone the same thread, for whose drift I apologise.a brief article on classic car prices.
http://www.evo.co.uk/news/20044/classic-car-prices...
"CORRECTION"
I can't stand this word when applied to classic car values. When is a value "correct"?
Did we use it when prices were going up to their new "correct" level. Don't think so.
Whilst I'm at it: I hate all companies with the word "SOLUTIONS" in their name, unless they make chemical ones.
As for 308s, their asking prices are all over the place, as are most other Ferraris.
I can't stand this word when applied to classic car values. When is a value "correct"?
Did we use it when prices were going up to their new "correct" level. Don't think so.
Whilst I'm at it: I hate all companies with the word "SOLUTIONS" in their name, unless they make chemical ones.
As for 308s, their asking prices are all over the place, as are most other Ferraris.
LotusOmega375D said:
"CORRECTION"
I can't stand this word when applied to classic car values. When is a value "correct"?
Did we use it when prices were going up to their new "correct" level. Don't think so.
Whilst I'm at it: I hate all companies with the word "SOLUTIONS" in their name, unless they make chemical ones.
As for 308s, their asking prices are all over the place, as are most other Ferraris.
When the expectations of sellers fall to a point at which they meet the aspirations of buyers....that is the correct level!I can't stand this word when applied to classic car values. When is a value "correct"?
Did we use it when prices were going up to their new "correct" level. Don't think so.
Whilst I'm at it: I hate all companies with the word "SOLUTIONS" in their name, unless they make chemical ones.
As for 308s, their asking prices are all over the place, as are most other Ferraris.
I understand the phrase to mean adjustment not correct in the literal sense.
LotusOmega375D said:
"CORRECTION"
I can't stand this word when applied to classic car values. When is a value "correct"?
Did we use it when prices were going up to their new "correct" level. Don't think so.
Whilst I'm at it: I hate all companies with the word "SOLUTIONS" in their name, unless they make chemical ones.
As for 308s, their asking prices are all over the place, as are most other Ferraris.
I can't stand this word when applied to classic car values. When is a value "correct"?
Did we use it when prices were going up to their new "correct" level. Don't think so.
Whilst I'm at it: I hate all companies with the word "SOLUTIONS" in their name, unless they make chemical ones.
As for 308s, their asking prices are all over the place, as are most other Ferraris.
Slight thread drift but something that was pointed out to me the other day, as time moves on will the enthusiasm for a particular era of cars die out as generations pass away? I'm 55 and have a fondness for the 70s era classics as I can remember seeing them when new but to the people born in the 80s and later will they lack interest in cars made in the 70s, just viewed as nice old cars and not something to lust after! Obviously there is always a desire in old Ferrari's, Porsche's , Aston's etc of any era but I'm on about the rest.
Raygun said:
Slight thread drift but something that was pointed out to me the other day, as time moves on will the enthusiasm for a particular era of cars die out as generations pass away? I'm 55 and have a fondness for the 70s era classics as I can remember seeing them when new but to the people born in the 80s and later will they lack interest in cars made in the 70s, just viewed as nice old cars and not something to lust after! Obviously there is always a desire in old Ferrari's, Porsche's , Aston's etc of any era but I'm on about the rest.
Very likely, as a generalistion, it seems we petrolheads gravitate to the era of our just pre-driving years, so as you say, for you being the same age as me, the 70's tend to be a favourite. Although for me, I was torn between the stuff that was new in the 70's, as well as the stuff still seen on the roads at the time, i.e 50's/60's stuff.I suspect though, that very few of the 12-16 year olds of today will have any interest in owning a car built this year in 30 years time. Very few of them seem to be even bothered to want to learn to drive. In the past 3 or so years, I'm struggling to think of anyone I've worked with that is under 30 and has a driving licence...!
Raygun said:
... I'm 55 and have a fondness for the 70s era classics as I can remember seeing them when new but to the people born in the 80s and later will they lack interest in cars made in the 70s, ....
Well like you I'm a child of the early 60s, but I love 50s sports cars, so why shouldn't the 80s children like 70s stuff.As I get older I find myself looking more and more at earlier cars.
a8hex said:
Raygun said:
... I'm 55 and have a fondness for the 70s era classics as I can remember seeing them when new but to the people born in the 80s and later will they lack interest in cars made in the 70s, ....
Well like you I'm a child of the early 60s, but I love 50s sports cars, so why shouldn't the 80s children like 70s stuff.As I get older I find myself looking more and more at earlier cars.
And lets face it, there are people still interested in the veteran Edwardian era stuff, and that stuff is probably 30-40 years older and more than any of the owners...!!
a8hex said:
Raygun said:
... I'm 55 and have a fondness for the 70s era classics as I can remember seeing them when new but to the people born in the 80s and later will they lack interest in cars made in the 70s, ....
Well like you I'm a child of the early 60s, but I love 50s sports cars, so why shouldn't the 80s children like 70s stuff.As I get older I find myself looking more and more at earlier cars.
My nippers are bonkers about old cars. One in particular is just 20 but is really into his 70’s and 80’s cars. Although 60’s cars are still up there
He owns a mk10 jag, V12 XJS, 2.8 Capri, 73 Alfa and a 75 Scimitar. Oh and a 95 SL500. He’s a loon
In answer to the OP's question, what went up the most? That would be logical. But personally I don't see that the market is falling, just stabilising. Things went up so fast there is naturally a point where it has to stop and, yes, retrench somewhat. So I'll vote for a Moggie convertible as the most likely candidate. It seems a suitable response to the question.
I think it might vary with the type of car.
I grew up in the 70s and 80s. There are some pre-war cars I'd like to own, if I had the money for a collection. But there are a lot of mundane pre war saloons that I wouldn't be interested in for very long. Not interested enough to own one, anyway. But there are very few pre-war cars in the world and an ever increasing number of collectors and enthusiasts so there will probably be enough demand to keep prices at least steady.
I guess it would be the same for other generations - I'd like a Cortina Lotus but I'm not sure I would want a mk1 Cortina 1200 Lux or what ever. I just don't know what I'd do with it. You see them at shows, often owned by someone (quite old) who has a fondness for them for personal reasons, like their dad had one or they courted in one.
So I wonder if future values are safe for glamorous cars but I wonder if people will want the "vanilla" cars in the future?
On the other hand, I also think that old cars are so slow and generally inferior in any measurable way to modern cars that maybe the inference between the most desirable ones and the least will reduce. A modern 320d would blow any standard mk1 Cortina into the weeds so would the fact the Lotus driver was gong slightly less slower make much difference? How about in another 20 years?
I grew up in the 70s and 80s. There are some pre-war cars I'd like to own, if I had the money for a collection. But there are a lot of mundane pre war saloons that I wouldn't be interested in for very long. Not interested enough to own one, anyway. But there are very few pre-war cars in the world and an ever increasing number of collectors and enthusiasts so there will probably be enough demand to keep prices at least steady.
I guess it would be the same for other generations - I'd like a Cortina Lotus but I'm not sure I would want a mk1 Cortina 1200 Lux or what ever. I just don't know what I'd do with it. You see them at shows, often owned by someone (quite old) who has a fondness for them for personal reasons, like their dad had one or they courted in one.
So I wonder if future values are safe for glamorous cars but I wonder if people will want the "vanilla" cars in the future?
On the other hand, I also think that old cars are so slow and generally inferior in any measurable way to modern cars that maybe the inference between the most desirable ones and the least will reduce. A modern 320d would blow any standard mk1 Cortina into the weeds so would the fact the Lotus driver was gong slightly less slower make much difference? How about in another 20 years?
Norfolkandchance said:
On the other hand, I also think that old cars are so slow and generally inferior in any measurable way to modern cars that maybe the inference between the most desirable ones and the least will reduce. A modern 320d would blow any standard mk1 Cortina into the weeds so would the fact the Lotus driver was gong slightly less slower make much difference?
The thing is, with an ever more crowded and congested road network, with ever increasing infestations of speed cameras and control, maybe younger people will actually start to come around to the fact that maybe there is more enjoyment to be had in an old, slow car, as the frustrations of owning any modern performance car become ever increasing.As you say, driving a 320d at 50mph is a complete non-event, but, 50mph in a Mk1 Cortina 1500 requires quite a bit more thought about what you are doing and whats going on around you
Gassing Station | Classic Cars and Yesterday's Heroes | Top of Page | What's New | My Stuff