More than a quarter of classic cars have changed in value over the past three months, according to the prices update in the latest issue of Classic Cars magazine.
Prices on the up – and down
The Price Guide quarterly reveals 331 movers out of the 1200 models tracked, with 267 of them increasing since the last update. Growth is spread right across the market, from Austin 1100/1300 to Ferrari 250 GT Short Wheelbase, but inevitably there’s a lot of action around Ferrari models – not all of it upwards. While many of the traditionally coveted Sixties models have increased again, some of the more recent growth models like the 330 GT, Dino and 308 have fallen back.
At the more affordable end of the market, MGBs are showing signs of awakening after being left behind by other, more rapidly growing classics.
It’s a complex picture, proving that just because a model is on the up, it won’t necessarily continue the climb; and that just because other models are languishing, that doesn’t mean that they will remain affordable for ever.
Buying advice and market analysis is part of 16 pages of buying information in every issue of Classic Cars magazine, including Quentin Willson’s Smart Buys, Russ Smith’s Market Watch, in-depth buying guides and Ads on Test.
For more details of the latest issue, visit www.classiccarsmagazine.co.uk