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The classic vehicle market.

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K2-K6:
A nice car Ted  :)

As noted though, the classic market was getting quite excited within itself over recent years. Frothy and puffed up beyond reasonable scale to sustain itself.

Some years ago, I worked with someone with lifelong interest in E type jag, was restoring a couple, had a body jig and ability to fully work right through them, said about them then "you'll never get back the money put into that process"  even doing all labour himself. Which of course changed from his cost basis in more recent times. People clamouring to buy classics as just investors didn't necessarily see what the market entailed.

It'll drop back, but probably go again eventually in another cycle of same.

Theres nothing like having something nice and using it too to extract value i feel though. Meanwhile, there's thousands losing literally thousands in the E  marketplace  :)

McCabe-Thiele (Ted):
TBH I tinker with my bikes as a retirement hobby with no interest in end value worth.
I like the challenges that are thrown up as I cycle through phases of dispair/elation  then ultimate joy when I finally press the start button. The only good thing about potential future worth is I  can mentally self justify the spend on new parts.

florence:
Personally, I am glad prices are falling.  Some things have become really silly in price, far outstripping what they are genuinely worth.  I think as we all get older and the younger generation not generally interested, we will be a diminishing pool of interest.

Incidentally, there is a Lancia Flaminia in a hedge a couple of lanes from here.  I would say it is beyond repair.  The farmer who owns it sold the boot lid a while back.  I think he collects classic cars and I believe has a perfect example in one of his sheds.  There is a green lane opposite which contains many rotting early Triumph and MG cars as well which have been there since the late seventies.  All scrap.

taysidedragon:
Now that interest rates have crept back up a bit, the investors can "earn" more from their money elsewhere and have lost interest in buying classic vehicles purely for investment.
I also believe that a lot of people have panicked a little about the future supply of petrol so there is a drop-off in buyers. Some unbelievers don't want to be left with an old vehicle that they can't use or sell.
That won't happen for a very long time, if ever. Just look at the last COP fiasco.
Keep on riding! 🏍

McCabe-Thiele (Ted):
When I worked in the car trade back in 1975/6 my Boss took a Lancia in part exchange for a new Audi. The Lancia was a silver 4 door with a sort of curtain in the back window. It drove quite nicely, when I left the firm it had been on the forecourt for over year without ever going on a test drive. As a used car they were not very popular in Burton on Trent.

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