Hi Denis, I had to reply, but to be honest I would not know the answer to that one. All I know is that the classic car market seems to be holding its own. Although you need a buyer I think it is becoming more of a sellers market as a good classic is harder to find? That is only my opinion.
This is a useful tool for past auction results but to be honest i think to try and find a 'trend' may be difficult.
Buyers often seek cars for the most obscure reasons, ie dad had one, its my intials on the number plate or in my wifes case an, as yet unsuccesful search for one registered on her birthday (30/09/1963 in case anyone has one!) and prices these cars reach don't always truly reflect the market price.
I suppose Ebay would be a good place to start but it will mean recording all the results each day....in 5 years you'll have a great database but pheeew what a lot of work!
Can I ask why you want to know? It's an old adage but a cars worth what someone will pay for it and any knowledge of previous prices achieved can only be, at best, a guidline.
Hi, there is a 15 year price review for the P5b Coupe in Practical Classics this month (P103). I would have thought this would be an indicator to most other makes to a greater or lesser extent. Although fast Ford's seem to be astronomic at the moment!!
As far as I remember the bubble in the 90’s was mostly to do with high end cars.
I also seem to remember in the early 90’s (when I think a p5b topped out at about 5,000) an article saying that a good MKII Jag was between 7 and 8,000. Since then though for various reasons, mostly popularity of certain TV shows I think and a passing nostalgia for 60’s villainy, MkII’s shot up disproportionately, but now it seems, at least to me, they’re falling again.
Equally I’ve got a magazine from a few years back giving the top P5b price as 10,000 but elsewhere in the same issue there’s a featured best car for sale type thing about a saloon going for about 15,000.
I think that as far as future trends go GT type cars will always be rarer and hold their money or increase faster than saloons. A saloon that’s going to be a classic takes a circular journey in my opinion. It starts of being prestigious and expensive then dates within a very few years and looks like you’ve bought it cheap. Then they start to be seen limping around, going spares or repair or fading and rusty on the side of the road up on bricks, which is the time their value is lowest. After which they mostly disappear, people forget their declining years and they become unusual and desirable, and instead of looking like a tatty second you bought because that’s all you could afford they start to be seen as unusual and exotic and something deliberately sought after. I think the xj6 is a prime example of this happening now, especially since the faded to pink ones have all but disappeared.
What can I say is that diletants with big money makes the market, so it`s probably the reason, why 1967 Chevrolet Corvette is worth 3 times more money, than much more prominent and rare Jensen Interceptor Mk1 in same condition, or Jaguar Mk2 2.4 is priced so much over Rover P5 Coupe. Thats the question of the knowledges and competence. My friend, who bought 1967 Vette for more than 20 000 EURO in quite fair condition probably dont ever know about Jensen...From other angle, this is giving the chance for entusiasts like us to obtain good vehicles at good price, and plutocrates and life burners let`s burn they money.