There are no classic cars in China!
Author
Discussion

Redwing

Original Poster:

912 posts

255 months

Friday 3rd June 2011
quotequote all
Someone was telling me that there are currently no classic cars in China and this is because they have a law which forbids any cars over ten years old. They were speculating that if this law were repealed then our classic car Market might be overun by Chinamen! Now I have to say it was one of those pub conversations where someone know something about their chosen subject but in reality no a lot. Can anyone enlighten me as to what the state of play really is?

cheesyblob

370 posts

204 months

Friday 3rd June 2011
quotequote all
Redwing said:
Someone was telling me that there are currently no classic cars in China and this is because they have a law which forbids any cars over ten years old. They were speculating that if this law were repealed then our classic car Market might be overun by Chinamen! Now I have to say it was one of those pub conversations where someone know something about their chosen subject but in reality no a lot. Can anyone enlighten me as to what the state of play really is?
Nothing comes up on google about it so i'm going to say it's probably not true.

Redwing

Original Poster:

912 posts

255 months

Friday 3rd June 2011
quotequote all
I have found a couple of articles saying that you are not allowed to import cars over a certain age so there are no classic cars in China other than those which have always been there.

varsas

4,075 posts

231 months

Friday 3rd June 2011
quotequote all
I am wondering what will happen when the BRIC (and other) countries wake up to classic cars. At the moment, they like big, new cars but it's only a matter of time. I believe some of the middle eastern states are starting to see an interest in classic cars. There will be a big rise in the number of people after a fixed number of cars, which is bound to drive prices up. I'm a bit worried.

Elderly

3,735 posts

267 months

Friday 3rd June 2011
quotequote all
varsas said:
I am wondering what will happen when the BRIC (and other) countries wake up to classic cars.
Well only India of those four drive on the left, and so even even if China eventually allows classic cars (on the road and not in museums) I doubt that it's going to have the greatest impact on UK (RHD) classic car prices.

What will happen to classic car prices when petrol is banned yikes?

cheesyblob

370 posts

204 months

Friday 3rd June 2011
quotequote all
Elderly said:
varsas said:
I am wondering what will happen when the BRIC (and other) countries wake up to classic cars.
Well only India of those four drive on the left, and so even even if China eventually allows classic cars (on the road and not in museums) I doubt that it's going to have the greatest impact on UK (RHD) classic car prices.

What will happen to classic car prices when petrol is banned yikes?
Go down? Apart from the ones with a full tank.

Elderly

3,735 posts

267 months

Friday 3rd June 2011
quotequote all
cheesyblob said:
Go down? Apart from the ones with a full tank.
In the oil crisis of late '73 early '74, a friend's father bought an independent petrol
station (with full tanks) in central London, so that the company he was managing could keep their fleet going !!!!

cheesyblob

370 posts

204 months

Friday 3rd June 2011
quotequote all
Elderly said:
cheesyblob said:
Go down? Apart from the ones with a full tank.
In the oil crisis of late '73 early '74, a friend's father bought an independent petrol
station (with full tanks) in central London, so that the company he was managing could keep their fleet going !!!!
hah lol my grandad bought a nearly new Jag MK9 3.8 because it was going cheap as no one wanted one as it was to expensive to fuel!

volvos60s60

581 posts

243 months

Saturday 4th June 2011
quotequote all
cheesyblob said:
hah lol my grandad bought a nearly new Jag MK9 3.8 because it was going cheap as no one wanted one as it was to expensive to fuel!
Did the fuel tank in that Jag keep the rest of his fleet going too................

cheesyblob

370 posts

204 months

Saturday 4th June 2011
quotequote all
volvos60s60 said:
cheesyblob said:
hah lol my grandad bought a nearly new Jag MK9 3.8 because it was going cheap as no one wanted one as it was to expensive to fuel!
Did the fuel tank in that Jag keep the rest of his fleet going too................
No, he bought it because it was cheap, and he rode motorbikes in the week, so he didn't do many miles in it.

restoman

1,011 posts

237 months

Sunday 5th June 2011
quotequote all
There are no classic cars in China - but there are 10 million bicycles in Bejing wink

JohnBlackWatson

78 posts

195 months

Sunday 19th June 2011
quotequote all
I spend a fair amount of my time in Shanghai and could easily have believed the thread title as you rarely see anything other than VW Santana taxis that are anything you would consider old.

There is a car museum but I havn't found the time to go yet - it featured on the Chinese version of 'Tha Amazing Race' and looks worth a visit sometime.

http://www.shautocity.com/english/jcbl.htm

The point of the story though is my neighbour today told me he had been out looking at cars with his girlfriend and they had gone to a couple of secondhand dealers - I said I didn't think there was such a thing and he admitted he had thought the same.

Turns out it was a bit of a prestige place and the car that cought the GFs eye was a 2004 Jaguar XJ - she thought it would stand out from the crowd and as it was reasonably priced is considering the car.

For the equivelant of £50,000...

angry jock

1,005 posts

228 months

Tuesday 12th July 2011
quotequote all
JohnBlackWatson said:
I spend a fair amount of my time in Shanghai and could easily have believed the thread title as you rarely see anything other than VW Santana taxis that are anything you would consider old.

There is a car museum but I havn't found the time to go yet - it featured on the Chinese version of 'Tha Amazing Race' and looks worth a visit sometime.

http://www.shautocity.com/english/jcbl.htm

The point of the story though is my neighbour today told me he had been out looking at cars with his girlfriend and they had gone to a couple of secondhand dealers - I said I didn't think there was such a thing and he admitted he had thought the same.

Turns out it was a bit of a prestige place and the car that cought the GFs eye was a 2004 Jaguar XJ - she thought it would stand out from the crowd and as it was reasonably priced is considering the car.

For the equivelant of £50,000...
#

My sister lives in Shanghai and I'm going out again to visit her in October. Will have to go here! Is interesting about the nutter taxi drivers in their Santanas have had a few interesting moments with them!
wobble

2slo

1,998 posts

196 months

Tuesday 12th July 2011
quotequote all
When I was in Beijing about 5 years ago I don't recall seeing anything other than sardine cans. Certainly nothing that could be considered classic.

Fanelli

56 posts

196 months

Tuesday 12th July 2011
quotequote all
Who would have thought, five years ago,that the Chinese would have developed a taste for Grand Cru claret?

Now they are driving the market and the prices achieved at Christies Auctions in Hong Kong for the likes of Ch. Latour, Lafite and the other Premier Crus are simply staggering.

I do not really believe that they are buying the wines to drink (with sweet and sour pork and other delicasies!) but really because they are in limited supply and they are buying for investment and prestige reasons.

I think it is only a matter of time until they jump onto the classic car market bandwagon and distort prices even further than they are already.

The Japanese did this some 20/25 years ago and, until their economy got into difficulties, ramped the classic Ferrari market to unsustainable levels.

OnTheWindowsill

1 posts

159 months

Sunday 9th June 2013
quotequote all
Hey! Is anyone still interested in info on classic cars in China?
If so just drop me a line and I will try to answer your questions. I am currently living in Beijing and following the classic car scene from here!

varsas

4,075 posts

231 months

Sunday 9th June 2013
quotequote all
OnTheWindowsill said:
Hey! Is anyone still interested in info on classic cars in China?
If so just drop me a line and I will try to answer your questions. I am currently living in Beijing and following the classic car scene from here!
I am still curious, for example will they be 'into' classic sports cars like we are, or would they be more interested in Bentley's, Jaguars and other saloons? My understanding is they prefer comfort and space to speed and aggressive looks?

okie592

2,711 posts

196 months

Sunday 9th June 2013
quotequote all
This is true in Singapore. Very few cars over 10 years old only the occasional taxi which are Toyota crowns. Everything else is 5 years old max.

But there you do have to pay something like $10,000 before you can even own a car

okie592

2,711 posts

196 months

Sunday 9th June 2013
quotequote all
This is true in Singapore. Very few cars over 10 years old only the occasional taxi which are Toyota crowns. Everything else is 5 years old max.

But there you do have to pay something like $10,000 before you can even own a car

ClassicMotorNut

2,438 posts

167 months

Sunday 9th June 2013
quotequote all
I would imagine that if there was no classic scene in China then neither of these would exist: http://www.classiccarchina.org/
http://www.svvs.org/gallery-Beijing.shtml