Prices Dropping?

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Prices Dropping?

Postby bandit » Thu Feb 09, 2017 5:19 pm

According to Hagerty, as seen in classic car weekly

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Re: Prices Dropping?

Postby Darren C » Thu Feb 09, 2017 5:30 pm

Hmmm, not so sure I agree.

With the fall in the value of the £ cars are certainly more expensive to import than last year which must stabilise UK prices at the least.

Sounds like "alternative facts" as Trump would say ;)
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Re: Prices Dropping?

Postby MikeWard » Thu Feb 09, 2017 6:27 pm

I think that must have been written by the same person who put the below together for the Classic Car Price Guide

bs_price_guide.jpg
bs_price_guide.jpg (386.59 KiB) Viewed 560 times
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Re: Prices Dropping?

Postby bandit » Thu Feb 09, 2017 8:16 pm

Yes, I'd tend to agree Darren. With the Dollar to the Pound nowhere near what it was, it will be more expensive to bring one in, which you would assume makes our cars go up in price.
I guess there are lots of factors & it could be that less desirable/worse condition cars went through auction than the previous year, which is where they will be getting their values from.
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Re: Prices Dropping?

Postby Dangermouse » Thu Feb 09, 2017 11:19 pm

Or, if you take the view that 2015 prices rose falsely because of some movie tie in, and discount the 8% rise as an aberration, they have actually risen 4% over 2 years
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Re: Prices Dropping?

Postby Dan Willis » Fri Feb 10, 2017 10:00 am

I would have expected some increased interest with the BTTF anniversary, and then a more "normal" drop as things go a bit quieter. In reality, here, prices have been fairly static for some time.
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Re: Prices Dropping?

Postby andyd » Fri Feb 10, 2017 10:12 am

Can you get anything for 8K?!

An "average" car for 12K ???!! Not for a long time! That would mean a bit rough round the edges, but some upgrades, and likely an MOT. I don't even think you could get that for 17k, which is their ballpark for a "good" one.

I consider mine Good, but maybe not Excellent, and would say its about 28-30k...

Those figures are nuts Mike!
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Re: Prices Dropping?

Postby Darren C » Fri Feb 10, 2017 11:18 am

Nice graph (more realistic) here

https://www.hagerty.com/apps/valuationt ... ean-dmc~12

With exchange rate, shipping & duties the purchase price in USD is about = to GBP when the cars here and cleared customs.

Ju, Mike, I suggest those publications go in the cat litter tray with yesterdays news ;)

Minus 5% for the Mighty Auto????........ :D
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Re: Prices Dropping?

Postby mec » Fri Feb 10, 2017 2:52 pm

andyd wrote:Can you get anything for 8K?!

An "average" car for 12K ???!! Not for a long time! That would mean a bit rough round the edges, but some upgrades, and likely an MOT. I don't even think you could get that for 17k, which is their ballpark for a "good" one.

I consider mine Good, but maybe not Excellent, and would say its about 28-30k...

Those figures are nuts Mike!



have a guess what i payed for mine in 2009 Andy ;)
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Re: Prices Dropping?

Postby Darren C » Fri Feb 10, 2017 3:16 pm

Andy, Mec's car came with a shell suit to match the interior too......... :lol:

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