There’s a lot of talk this year about the classic car market cooling off, particularly the high-value auction darlings typified by Mercedes 300 SL Gullwings and Roadsters, chrome-bumper Ferraris and pre-impact bumper Porsche 911s. You can look for deeper meaning to this, but the most rational explanations seem to be over-supply from vendors trying to cash in on a boom, and buyer disillusionment with the belief that values will values will continue to soar at the same rate.
But this cooler mindset doesn’t apply evenly throughout the classic car market, as evidenced by the Market Movers data in the latest issue of Classic Cars magazine. The top ten climbers have all grown by at least 23 per cent since the last update, with some surprising top performers like the Austin Atlantic and Ford Corsair GT each jumping more than 40 per cent and even numerous classics like MG Midget MkII and MkIII climbing 33 per cent. Porsche 968 Club Sports and BMW CSLs have both shown another recent spurt, at 38 and 33 per cent respectively, so it’s hard to generalise where the recent growth has concentrated, and ever more challenging to predict where it will strike next.
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 classiccarsmagazine.co.uk
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