Classic market must be doing very well?
Discussion
I have just been updating some adverts in a Classic car magazine that I work on and have noticed a strange trend. Of the last 3 adverts I have amended from the previous month the main change was to up the price of the cars.
For example a 1957 Jaguar 2.4 Mk1 was advertised in the magazine in the past few months for an asking price of £18,950 (Bargain maybe?). This month however I have been asked to amend the price on the same car to £24,950. A £6k increase for a car in this price bracket strikes me as astounding to say the least.
For example a 1957 Jaguar 2.4 Mk1 was advertised in the magazine in the past few months for an asking price of £18,950 (Bargain maybe?). This month however I have been asked to amend the price on the same car to £24,950. A £6k increase for a car in this price bracket strikes me as astounding to say the least.
I think it's a flood of buyers from Euroland as the other poster suggested.
My 500E's up for sale, and there are a number of enquiries coming in from Europe, none of whom quibble the asking price remotely, unlike all enquiries coming from the UK, all of which seem to reckon I was born yesterday and should pretty much give them the car "because used cars aren't worf nuffink no more, and it's a lefthooker innit".
My 500E's up for sale, and there are a number of enquiries coming in from Europe, none of whom quibble the asking price remotely, unlike all enquiries coming from the UK, all of which seem to reckon I was born yesterday and should pretty much give them the car "because used cars aren't worf nuffink no more, and it's a lefthooker innit".
My impression of the classic market is that really good cars are selling but for less than previously but average cars need to be very competitively priced - the latest auction report in CSC put Daytonas down £20 - £40k and if they are down you can rest assured that most but not all other things are
Kickstart said:
My impression of the classic market is that really good cars are selling but for less than previously but average cars need to be very competitively priced - the latest auction report in CSC put Daytonas down £20 - £40k and if they are down you can rest assured that most but not all other things are
Maybe the fashion for Daytona's has eased off a bit? Its trickey to say what the classic market is doing because turnover is small and varied.I have just sold my MGA and could have sold it many times over.
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