Classic Values (at the moment 12/23).

Rob Gaskin

Treasurer
Staff member
Site Administrator
I've read the comments and I'm enjoying the viewpoints which are as valid as mine of course.

It's too complicated to give lengthy responses but I still feel that classic car prices are too high and don't give value for money. As I said in my original post I think things might be getting more sensible if the CCA results from last weekend are representative of the market as a whole.

I did just see this whilst looking for a car a mate was interested in. I might just bid on it ;) Have a good look at ALL the pictures and description (engine?). 'Lovely little car sir, it just needs a bit of tlc - engine? you can have that one over there in bits it's not correct for the car but so what it's bigger!


Or you could just have this with an engine installed.

The Mini sold for £15k. I think the estimate was about twice that. £15k is a lot more sensible.

So like last week sale prices are low.
 

Rob Gaskin

Treasurer
Staff member
Site Administrator
I believe so - what does £20k buy you today on the car market :


All reguler supermarket parking cars, owned by reguler, normal people......
I don't understand your reply Sean. We aren't talking about daily shopping cars.

My point was that people who buy a hobby classic car for £20k upwards aren't normally the sort of people who are short of money at Christmas. I may be wrong.
 

status

Well-Known Forum User
To go 'off topic' a bit I have two motorbikes, a classic and a new one.

My classic (a '76 Honda CB750K) was traded as a 'part ex' against my Samuri. I was fed up with no garage space so I thought that to be a great idea - I like tinkering. My Honda was a non-runner but I really enjoyed sorting and improving everything (full 4 carb strip and tune, wiring, rear wheel rebuild, brake rebuild etc etc) . When it was all finished I though 'I ought to be riding this' so I booked a refresher riding session for a couple of hours. I hadn't ridden for 40 years. I loved it and it gives me access to weekly meets where I have made so many new friends.

I have since bought a Triumph Tiger 660.

On dry days I go to my meets on the Honda, if I ride with my son I go on the Tiger.

The Tiger does everything better than the Honda (especially braking) but the Honda has character. The Honda is worth more but why? Like the Z these bikes are 'talked up' and if you own a very early one (sandcast engine casings) they are worth twice mine but they are no better.

It's all hype, nostalgia and character. Times have moved on but we like to live in the past.

That rusty Mexico that sold last weekend for £33k was considered a sporty car in the early 70s but they are quite slow and basic now. 85bhp 0-60 12s etc 4 speed 165 tyres. People from my era say 'ooh there's a Mexico' but they wouldn't say that about a modern 'shopping' car that has superior performance and can be bought brand new with a warranty for far less. Drive it in winter, half the fuel consumption etc etc

It's such an interesting topic to me. Don't get me wrong I love the Datsun Z cars - they are beautiful with bags of character but the valuations are hard to understand. That's all I've been trying to get across. Why do I like that TR7 Rally Car? Something in my brain is telling me it's special and sporty (only 160bhp) and it's history is interesting - madness?

TECHNICAL SPECS​

1 Ford Fiesta Active front cornering

Model tested:
Ford Fiesta 1.0 Ecoboost Hybrid Active X
Price:
£26,355

Engine:
3 cyls in line, 999cc, turbocharged, petrol

Power
123bhp at 6000rpm

0-62mph
9.6sec
Top speed
124mph

Fuel economy
50.4-53.3mpg
CB 750 ,Now that’s a blast from the past,loved the sound they made,as for the eco boost Fiesta I wouldn’t touch one of them with yours,Not a good engine in those
 

chrisvega

Well-Known Forum User
I don't understand your reply Sean. We aren't talking about daily shopping cars.

My point was that people who buy a hobby classic car for £20k upwards aren't normally the sort of people who are short of money at Christmas. I may be wrong.

December is the worst month of the year for sales in the motor trade and especially for classic cars and convertibles.
Great month to buy and not a good month to sell, hence bargains to be had.
 

Rob Gaskin

Treasurer
Staff member
Site Administrator
So why have Christmas auctions?
I bought my Volvo last Christmas.
Anyway next Christmas I look for a bargain.
 

SeanDezart

Well-Known Forum User
I don't understand your reply Sean. We aren't talking about daily shopping cars.

My point was that people who buy a hobby classic car for £20k upwards aren't normally the sort of people who are short of money at Christmas. I may be wrong.
No. Are people who buy classic cars for £20k living 'hand to mouth'?
MY point Rob is that £20k is nothing these days to a lot of people and especially with credit....and you're claiming they're hand-to-mouth 🤣
 

SeanDezart

Well-Known Forum User
Because there's enough money in the commission at lower prices to make a profit from running the auction.
Perhaps a better question is 'why sell your car at Christmas?'
Exactly - only the seller loses out.

I'd prefer one of those replicas based upon a BMW - much more practical.
 
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