Analysis: Classic Car Prices Fly and Falter
Updated: Dec 1, 2022
The classic car market: a place of passion, emotions and, often, irrational thinking. And that irrational thinking leads people to do some crazy things when it comes to values. Generally, though people are rational and do care about values. Anyone who says they aren't interested in their values or where the market is going is either (a) a billionaire, (b) lying or (c) both.
It's coming to the end of the year and we're not yet billionaires so let's walks through what has happened to the classic car market since 2004, price trends, behavioural changes as well as what might well happen next. Let's go...