Finding out about calssic car historical values and trends

Finding out about calssic car historical values and trends

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Lotusgone

1,189 posts

127 months

Wednesday 31st March 2021
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Putting this up for discussion...I couldn't help feeling whilst reading my latest copy of Octane, that classic car prices will take a downturn as we approach 2030. There will be less investment in petrol/diesel station equipment such as pumps, tanks etc, so while there will still be a need to keep all the wet-guzzlers fuelled, the fuel stations being built or refurbed won't be 12 pumps in the middle with a few leccy points on the side.

Scrappage schemes will probably kick in as this happens. As it becomes less easy to find petrol & diesel, the joy of ownership and driving will become more of a faff.

We may have seen peak classic car time and I certainly wouldn't be putting tens of thousands into a Capri right now. Indeed, buying a low mileage car as an investment is looking pretty dicey IMHO. It might be better buying it and using it, accepting the loss in value as the cost of your fun.

Any thoughts?

phn

Original Poster:

335 posts

243 months

Wednesday 31st March 2021
quotequote all
Hmmmmmm interesting points above ^^

It's also some of the rationale behind my wish to buy a classic now - I'd rather have the fun now rather than wait until "later on" when it may be too late or inconveient to run one!

I guess my investment hopes would be to have a classic which at least would not experience depreciation.