Classic cars forum & vehicle restoration.
|
|
| Author |
Message |
Norseman
Joined: 09 Jan 2019
Posts: 114
Location: Essex UK
|
 Posted: Tue Apr 22, 2025 8:44 am Post subject: |
 |
|
| mikeC wrote: | | peter scott wrote: | Pre-war cars are losing their attraction for the big spenders.
Peter |
Not just the big spenders; I've noticed a number of Vintage cars, which used to go for ?20k plus not so long ago, which have sold recently for well under ?10k (early Twenties Delage, Riley Nine Monaco, Alvis 12/50 and Silver Eagle, etc). The Austin Seven seems to be the only one bucking the trend; an Austin Ruby recently went for more than the Riley Monaco - that would have been unheard of only a couple of years ago. |
I have noticed pre-war cars are becoming few & far between at classic car shows & I'm always drawn to them. I'd have one tomorrow if only I had the storage facilities.
_________________
1987 classic Range Rover Vogue auto
1998 E39 523i SE auto sedan
A great many models have served me well since the 'sixties, all of them old & some even older than me. |
|
| Back to top |
|
 |
Ray White
Joined: 02 Dec 2014
Posts: 7139
Location: Derby
|
| Posted: Tue Apr 22, 2025 9:00 am Post subject: |
|
|
How ironic that for years the fear was that the Authorities would clamp down on old car use and spoil the fun ...and in the end it will probably be lack of interest that scuppers the hobby.
Organisations like GNC in Derby have been set up to train youngsters as old school mechanics because the old guard are dying off. If things carry on like they are, there will not be the demand for their services.
Having said that...I still can't afford a decent Brighton car. Interest in our motoring history was sparked by Genevieve so maybe the LBR is the eventual backstop. ? |
|
| Back to top |
|
|
Vintage Fly Guy
Joined: 27 Jun 2024
Posts: 179
|
| Posted: Tue Apr 22, 2025 10:07 am Post subject: |
|
|
| Ray White wrote: |
Organisations like GNC in Derby have been set up to train youngsters as old school mechanics because the old guard are dying off. If things carry on like they are, there will not be the demand for their services.
|
This point was brought home to me a couple of years ago when I took my 1992 Range Rover Classic 3.9 V8 for its annual service and MOT to my usual, local independent LR specialist. The owner told me it had caused a bit of interest with two of their newest mechanics, as the car was older than both of them, and the younger one had never worked on a car fitted with a distributor before.
Mind you, I suppose it flows both ways, as I've never worked on a car fitted with coil packs! It did make me think though, particularly how we'll go on in years to come. There will always be specialists, but that often involves travelling some distance to reach them, together with higher prices.
I believe values are even worse with old British classic motorbikes, with their traditional fan-base now getting too old to kick-start them, let alone ride them or wheel them about or put them on their stand. The younger generation don't want a semi-reliable, big, heavy, bike that they have to kick start and isn't really all that good to ride, so many just aren't interested in them, possibly other than as a display piece, if they've got the space for one.
To a certain extent, I think similar applies to some of the old, pre-war cars, particularly those that struggle to keep up with modern traffic. Other than the LtB Run qualifying veterans, I think values will continue to adjust themselves for quite a lot of veteran and vintage cars, unless the younger generations decide its fashionable to own one - a bit like what happened to certain film cameras - unwanted junk-shop fare one minute, then selling for hundreds of pounds again a few years later to 20 and 30 somethings who decided film photography sounded like fun. It's a funny old world, and trends and fashions are hard to predict. |
|
| Back to top |
|
|
ukdave2002
Joined: 23 Nov 2007
Posts: 4242
Location: South Cheshire
|
| Posted: Tue Apr 22, 2025 1:58 pm Post subject: |
|
|
I don't think its rocket science!
1) The interest in older vehicles tends to be influenced by what was around in our youth, there can't be many youths from the 30s, 40s or even 50s in the market for an old car, its just natural progression that interest will rise, peak and decline with time.
2) Less interest, fewer bids lower sale prices.
3) Combine this with current economic uncertainty, in very recent weeks anyone with a private pension, ISA, stocks & shares etc will have seen a decline in value, results in less discretionary spend.
4) Then there are those who purchase to invest, these results have illustrated what we have considered likely for some time; 80s stuff is in demand, pre war significantly declined, stuff in the middle on the slippery slope, so investment money will gravitate to the 80s onwards.
In 20 years time we will probably be discussing the alarming decline in values of 80s vehicles  Also what appears to be clear is that the folk who run auction houses and value vehicles are probably of a certain age..... |
|
| Back to top |
|
|
Rootes75
Joined: 30 Apr 2013
Posts: 4175
Location: The Somerset Levels
|
| Posted: Tue Apr 22, 2025 4:21 pm Post subject: |
|
|
I've always been into cars from the 1930's/40's since I was a teenager. I was brought up around them as my Grandfather had a village brakers yard and even in the early 1980's he still had them lurking in corners and in sheds.
I'd quite happily buy a few up now with prices being so flat.
_________________
Various Rootes Vehicles. |
|
| Back to top |
|
|
Crashbox
Joined: 30 Apr 2021
Posts: 148
|
| Posted: Tue Apr 22, 2025 5:57 pm Post subject: |
|
|
Well, I'm 53 and absolutely adore pre-war/vintage motorcars. I'm not interested in stuff that was around in my youth back in the 1980s. The interiors were made from crappy, hard plastic, and rattled when new.
BTW, I used my 1932 Minor to get to work today. It was 93 the week-before-last.
_________________
1989 2CV
1932 Morris Minor S.V. Two-Seater |
|
| Back to top |
|
|
mikeC
Joined: 31 Jul 2009
Posts: 1809
Location: Market Warsop, Nottinghamshire
|
| Posted: Mon Apr 28, 2025 3:52 pm Post subject: |
|
|
Another example of dropping pre-war prices:
https://www.ebay.co.uk/itm/286505696316?mkcid=1&mkrid=710-53481-19255-0&siteid=3&campid=5338784357&customid=MoveAdFixDots&toolid=10001&mkevt=1&ul_ref=https%3A%2F%2Frover.ebay.com%2Frover%2F1%2F711-53200-19255-0%2F1&fbclid=IwY2xjawJ8dCxleHRuA2FlbQIxMAABHggU3pJoD-BTwxnwb4TqwJGXmwNRNNuFpuboqa-_MqPGZdbJxyY35Tr8H0G6_aem_KE1Su1hhV_m8N1r-RpvDAA
Listed with no reserve but with a buy-it-now price of ?16,500, which I thought was not too optimistic... but it sold for just ?8,850 - a lot of car for the money.
_________________
in the garage: 1938 Talbot Ten Airline
Recently departed: 1953 Lancia Appia, 1931 Austin Seven, 1967 Singer Chamois, 1914 Saxon, 1930 Morris Cowley, 1936 BSA Scout, 1958 Lancia Appia coupe, 1922 Star 11.9 ... the list goes on! |
|
| Back to top |
|
|
bjacko
Joined: 28 Oct 2013
Posts: 527
Location: Melbourne Australia
|
| Posted: Tue Apr 29, 2025 6:12 am Post subject: ACE For Sale |
|
|
Where would you get parts for it? Cost a fortune to restore but a good looking car.
_________________
1938 Morris 8 Ser II Coupe Utility (Pickup)
1985 Rover SD1 VDP |
|
| Back to top |
|
|
mikeC
Joined: 31 Jul 2009
Posts: 1809
Location: Market Warsop, Nottinghamshire
|
| Posted: Tue Apr 29, 2025 7:56 am Post subject: |
|
|
Actually, parts would not be a major problem; most of the chassis components were bought in and were common to other cars like the SS Jaguars, and the engine was one of the longest-running units, still being built in the late 1950s. With care that could be restored for less than its final value.
_________________
in the garage: 1938 Talbot Ten Airline
Recently departed: 1953 Lancia Appia, 1931 Austin Seven, 1967 Singer Chamois, 1914 Saxon, 1930 Morris Cowley, 1936 BSA Scout, 1958 Lancia Appia coupe, 1922 Star 11.9 ... the list goes on! |
|
| Back to top |
|
|
Ray White
Joined: 02 Dec 2014
Posts: 7139
Location: Derby
|
| Posted: Tue Apr 29, 2025 10:17 am Post subject: |
|
|
| mikeC wrote: | | Actually, parts would not be a major problem; most of the chassis components were bought in and were common to other cars like the SS Jaguars, and the engine was one of the longest-running units, still being built in the late 1950s. With care that could be restored for less than its final value. |
It would make a nice oily rag car wouldn't it? |
|
| Back to top |
|
|
mikeC
Joined: 31 Jul 2009
Posts: 1809
Location: Market Warsop, Nottinghamshire
|
| Posted: Tue Apr 29, 2025 11:36 am Post subject: |
|
|
Even if you didn't do the work yourself, ?20,000 spent on a thorough mechanical overhaul and you would have a perfectly useable car.
_________________
in the garage: 1938 Talbot Ten Airline
Recently departed: 1953 Lancia Appia, 1931 Austin Seven, 1967 Singer Chamois, 1914 Saxon, 1930 Morris Cowley, 1936 BSA Scout, 1958 Lancia Appia coupe, 1922 Star 11.9 ... the list goes on! |
|
| Back to top |
|
|
Rootes75
Joined: 30 Apr 2013
Posts: 4175
Location: The Somerset Levels
|
| Posted: Tue Apr 29, 2025 12:07 pm Post subject: |
|
|
16,500 as the buy it now price and the bidding got to 8,500.
Super rare car for the money.
_________________
Various Rootes Vehicles. |
|
| Back to top |
|
|
Vintage Fly Guy
Joined: 27 Jun 2024
Posts: 179
|
| Posted: Tue Apr 29, 2025 11:18 pm Post subject: |
|
|
| mikeC wrote: | | Even if you didn't do the work yourself, ?20,000 spent on a thorough mechanical overhaul and you would have a perfectly useable car. |
And what would the auction price be for that car if you spent 20,000 quid on it, plus the purchase price of 8,500? |
|
| Back to top |
|
|
mikeC
Joined: 31 Jul 2009
Posts: 1809
Location: Market Warsop, Nottinghamshire
|
| Posted: Wed Apr 30, 2025 7:45 am Post subject: |
|
|
Two years ago I would have said ?60-80,000, perhaps ?30-40,000 would be more realistic today.
_________________
in the garage: 1938 Talbot Ten Airline
Recently departed: 1953 Lancia Appia, 1931 Austin Seven, 1967 Singer Chamois, 1914 Saxon, 1930 Morris Cowley, 1936 BSA Scout, 1958 Lancia Appia coupe, 1922 Star 11.9 ... the list goes on! |
|
| Back to top |
|
|
Ray White
Joined: 02 Dec 2014
Posts: 7139
Location: Derby
|
| Posted: Wed Apr 30, 2025 8:24 am Post subject: |
|
|
I can see me having to hold onto my MG TC.
I have already lost my shirt
`````at this rate I will loose my trousers too!
|
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
php BB powered © php BB Grp.
|
FAQ
Search
Memberlist
Usergroups
Profile
Log in to check your private messages
Log in
