Classic cars forum & vehicle restoration.

[clan chieftain]

When do you reckon car values stop depreciating and start to increase.I often wonder when I see what some fairly modern cars are making on ebay. Run of the mill family saloons and the like are going for thousands yet a few years ago you could pick them up for washers. Agreed that the rarer the car the more it makes or how desireable it is. The prewar ones will always increase in value because of the rarity. So when is your car worth sod all before the value goes up.?
Mine has just about bottomed out now and I dont see it increasing in value in the near future.....yet its a rare car...but not desireable.
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The Clan Chieftain

[peter scott]

Well my everday transport is 17 years old and I recon it has probably hit rock bottom. Having said that I would imagine it would probably stay there for at least another 10 years before anyone had any thoughts of saving it for the nation.

I'm not sure that rarity is a big factor in car values. There are only 169 all steel SS Jaguar saloons known to exist but there are 281 SS "100" sports known of. You could easily pick up a saloon for a tenth of the money required for the more numerous "100".

Peter
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1939 SS Jaguar 2 1/2 litre saloon

[Rick]

My regular runner is 15 going on 16 years old now, so long as it remains reliable I see no need to change it. If I was ploughing up and down the motorway every day I'd probably run something a little newer, but I'd never put my own ££ into a new car.

There seems to be a solid interest in these old 124 Mercs of the mid 1990s, so a bit of tidying to the paintwork here and there and I could see its value increasing over what I paid for it.

RJ
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[Salopian]

While I ran a W124 as you know I think Rick for 10 years I cannot see your hopes being realised. While they are a very good car (although from my experience the Volvo 740/940 series is more durable and robust) they sorry to say lack character and feel a little like a good consumer appliance. I think desirability is the key and apart from the badge and admiration of the it appears now long gone MB build quality I don't think they have it.

Peter I fully agree - rarity has nothing to do with value - its that desirability thing again! As an example from my experience Sunbeam (the original Co in Wolverhampton) built about 2500 20hps over 1926-1930 of which about 65 survive in various forms a rate of 2.6%. Alvis built about 3400 12/50 and 12/60s between 1924-1933 of which over 800 survive a rate of 23%. Of the sports SD 12/50s only 151 were built but 53 survive a survival rate of over 33% for a model last built in 1929. Of another version the 1932 TK 12/60 the survival rate is 69%!
Sunbeam made superb high class albeit slightly stodgy touring cars Alvis smaller cheaper well designed and engineered cars appealing to drivers.
No prizes for guessing which model is the most valuable now --
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Jonathan Butler
Alvis SD 12/50 1928 MG TD 1950