Zingari and of course Counter of beans, for me you guys bring a sense of realism to this forum when typing of real world vehicle evaluation as opposed to "investment" vehicles ideals, the latter seems to be at risk given all that is going on in the UK and elsewhere at the moment....?
I looked at a 3.2 on the dealer mentioned web site... £POA.. Jeez next to SOR and the escapades of the trade in times past, I do wonder how many folk still have loads of loose cash to splash freely, though I guess there must be some...?
House prices seem to be the basis for confidence in many UK market assessments, how many of us get into debt to buy a house, hoping that if the worst comes to the worst we can sell it on and perhaps downsize to exist to some degree..? Lots of horror stories of negative equity in times past..? If we are fortunate enough to avoid such trauma, perhaps in time we add a special car in the garage, thinking it may now be the first line of defense should things get a bit tight...?
I suspect getting the foundation as near to rock solid as possible in house buying may be careful consideration as to location, location, location, and if you got that right spending more cash on home improvements does not necessarily guarantee an increase in value of the property relative to the amount spent, and can even detract from the value of the property...?
As for motor vehicles I suspect the base line is condition, condition, condition..? Advancing from that point, then maintenance records are nice to have, as for modifications, a bit like home extensions it seems the market can become jittery...?
Call it project fear if you will, but having seen economists predictions of circa 30% fall in house evaluation predicted relative to Brexit alone... I do wonder at the future value of "Classic cars" with all that the media is currently hitting the screens with right at the moment relative to EV, climate change and so much else...?
We all need a house of some sort, but do we all need a "Classic" vehicle.... ?
I am no economist but it seems most markets exist on turn over and the quicker the turn over the better...? The housing market perhaps even in London seems to have slowed...? As for the classic car market and it`s future...we have seen a few miserable attempts at survival posted here.. hmm..?
I suspect that 30 bags would be my personal limit at the moment for a fun car... :floor: