Personally, speaking as an enthusiast, rather than an investor or speculator who is only out to make a fat profit, I will be very happy if / when the bubble does burst. I wouldn't even be bothered if we had another price crash.
Then the real enthusiasts out there would be able to afford the cars of their dreams again, rather than classic cars ending up the domain of the well off few only.
Best wishes,
Mike.
1954 Series 2: 4 door: "Sally" -- Back on the ground with (slave) wheels and waiting to be resprayed......
1970 Triumph Herald 1200: "Hetty" -- Driven back from Llangollen in Wales (twice.....)
I think the whole subject of where things are going, is up in the air. Petrol vehicles etc no longer sold in 8 years time, just second hand vehicles, no doubt petrol prices through the roof. Who will want to buy an old combustion car. Big decision is when to get rid of them before they are worth nothing, can’t see much of a demand for them in the future but who knows ! It’s not a big issue for Minor owners but a dilemma for owners of expensive classics.
stuffedpike20 wrote: ↑Sun Oct 31 2021 10:07 am
An easily restorable 1967 factory convertible just sold on fleabay for £720.
Has some kind of bubble burst?
It's like he is giving it away for free. How was the quality of it?
For that price, providing someone has the skills and is willing to take it on, in order to end up with the car they've always wanted (for example), you can't really question it.
It will need restoration.
Best wishes,
Mike.
1954 Series 2: 4 door: "Sally" -- Back on the ground with (slave) wheels and waiting to be resprayed......
1970 Triumph Herald 1200: "Hetty" -- Driven back from Llangollen in Wales (twice.....)
