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The classic vehicle market.

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McCabe-Thiele (Ted):
This owner might be taking a bit of a hit looking at his recent spend of £125k, it will be interesting to see what it makes?

.https://www.carandclassic.com/auctions/1962-lancia-flaminia-gt3c-nPjvO8?bsft_aaid=a5ce63ed-6419-48b8-adb6-8692f74daf04&bsft_clkid=b24ea312-889c-4920-9ab4-84cba69e96fa&bsft_eid=948b2fc9-ced1-3131-1a37-4e803c6835d1&bsft_ek=2024-11-27T10%3A00%3A00Z&bsft_lx=7&bsft_mid=80d7a22d-468a-402d-be95-e5980e855d62&bsft_mime_type=html&bsft_tv=9&bsft_txnid=7afc9003-01e1-4f16-872e-9c0dbf6c3308&bsft_uid=90a00ed2-99f0-4b9d-a501-f50a8b66c44a&utm_campaign=broadcast-i-wednesday-uk-email-i-0-90-days-i-27-11-24&utm_content=wednesday-uk-newsletter-rec-27-11-24&utm_medium=email&utm_source=blueshift

Laverda Dave:
Beautiful car, shame there are no interior photos though but ouch, that price is going to hurt.

McCabe-Thiele (Ted):
There are 149 photos including all the interior?

Orcade-Ian:
This scenario came up on this very forum quite a while ago and I voiced the opinion that the bubble was about to burst as there were fewer younger folk interested in older vehicles or getting their hands dirty and not having the skills.  Many folk naturally disagreed, perhaps not wanting to imagine that their classics could be devalued.  Looking at the way bikes and cars (except for some Fords!) have taken such a dive in price recently, it might be a bit like musical chairs or pass the parcel, where we just might be left holding the baby.  Me personally, I don't really care - no kids to leave anything to, so it will just be a bunch of 'hangers on' who will benefit a bit less from my modest collection!
A good friend up here has an immaculate, impeccably restored Series 3 E Type roadster which at the height would have topped £150k but will struggle to achieve half of that now.

Ian

Gmac:
Prices of classics have fallen recently, but really only because they were so vastly, and artificially inflated, during and after the lockdown periods.

I work in the motor trade, and it wasn't just classics, it was regular cars and commercials too, but they are getting back to normal now, as new supply and used availability returns to pre covid levels

Yes, values are coming down, but only to where they should really be about now, anyway

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