Are Classic Car Values On The Turn...?

Discussion in 'Lounge' started by Exige, Sep 6, 2018.

  1. I blame brexit.. ..........

    Seriously, bloke down the pub told me his friend is an estate agent and sell g his property and buying it back after brexit. Hope that works out, but there might be some thing in it.

    The stockmarket will go mental for a few days around brexit, that's my uneducated opinion.
     
  2. To be fair there are quite a few 1098r 's for sale on ebay plus is it 3 on here for sale too.??
     
  3. Those 1098r Bayliss will be worthless this time next year ;)
     
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  4. I'll have double that amount then o_O
     
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  5. Honda fire storms will go through the roof lot of bike for cheap, one pulled up at bar in Prague yesterday and it got me thinking that is a lot of bike for cheap.
     
  6. early gsxr 1000 need to go up in value :D
     
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  7. Got a new one of those o_O
     
  8. Maybe. I’ve noticed the market slowing on cars. Loads of stock coupled with very slow sales.
    The interest rates have been so low for years people have been putting their money into cars. But rates are on the rise now and everyone is waiting to see what happens next.... The flippers are trying to cash out quick. Nice to see the greedy (rich) twats panicking.
     
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  9. This was a factor on why I bought my Panigale R. I paid less for this piece of almost new awesomeness than dealers are asking for 996R's, 1098R's etc.

    I'm not biting with the prices being asked for 10yr+ old bikes now. I try to buy 3 to 4 year old good examples which offer far better value for me.

    350LC excepted o_O
     
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  10. No direction from the government on Brexit creates nervousness in the market, meaning people are less likely to increase that mortgage or buy that expensive toy/investment....

    A friend who specialises in premium used cars (M1’s to 959’s) tell me things are worryingly slow at the moment. My uncle has been trying to shift his 996 for 6 months now.
     
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  11. Interesting thread :upyeah:
    Brexit clearly will have an effect on investments but for how long who knows.

    Here’s another take on the future direction of prices.

    For me the other big question which will affect vehicle investments whether they be cars or bikes is around the effect of the channel shift from fossil fuels to renewables.

    There will be a watershed in time, and that point is rapidly approaching where fossil fuel vehicles give way to hybrid/ alternative fuel vehicles.
    The sudden availability of millions of second hand internal combustion powered vehicles means that the market for these will drop like a lead balloon, in part because of the desire to upgrade but also running costs. You’ll always be able to drive petrol or diesel, but you’ll be taxed through the new to do so as govt nudges the masses towards renewables.

    The question is
    What impact will a glut of millions of cheap fossil fuelled cars and bikes have on the genuine classic market, as the perception of what is a “classic” will surely erode.

    An original green frame is and always will be classic and valuable, no dispute, but we already see the definition of classic as blurring.

    CB250, GT 500 CX500 etc and all made in their thousands. Memorable machines yes but true classics?

    IMHO, vehicles will have to be clearly and obviously delineated as classic to have any chance of retaining value.

    The market will be far more polarised than now with more vehicles being seen as “average” classics therefore subject to market trends at two a penny, and only the very “elite” (and those will be very few by definition) of classic vehicles retaining any chance of a high value.

    IMHO of course
     
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  12. Interesting thread :upyeah:
    Brexit clearly will have an effect on investments but for how long who knows.

    Here’s another take on the future direction of prices.

    For me the other big question which will affect vehicle investments whether they be cars or bikes is around the effect of the channel shift from fossil fuels to renewables.

    There will be a watershed in time, and that point is rapidly approaching where fossil fuel vehicles give way to hybrid/ alternative fuel vehicles.
    The sudden availability of millions of second hand internal combustion powered vehicles means that the market for these will drop like a lead balloon, in part because of the desire to upgrade but also running costs. You’ll always be able to drive petrol or diesel, but you’ll be taxed through the new to do so as govt nudges the masses towards renewables.

    The question is
    What impact will a glut of millions of cheap fossil fuelled cars and bikes have on the genuine classic market, as the perception of what is a “classic” will surely erode.

    An original green frame is and always will be classic and valuable, no dispute, but we already see the definition of classic as blurring.

    CB250, GT 500 CX500 etc and all made in their thousands. Memorable machines yes but true classics?

    IMHO, vehicles will have to be clearly and obviously delineated as classic to have any chance of retaining value.

    The market will be far more polarised than now with more vehicles being seen as “average” classics therefore subject to market trends at two a penny, and only the very “elite” (and those will be very few by definition) of classic vehicles retaining any chance of a high value.

    IMHO of course
     
  13. We had a couple of years of sillyness where if it was from the 70's and 80's then it is retro so must be worth a lot. You only have to look on ebay to see the silly prices and how many didn't sell

    We always have peaks and troughs and this is just the latest. Blokes always spend money on things that make them smile.
     
  14. Agreed there will always be somedemand, but my point is about values Noobie.

    :upyeah:
     
  15. No point investing in a personal pension, things are a stockmarket con.
    I would suggest once everyone is driving around in battery things, prices may well go up. Dont forget, the wealthy like their cars and they dont like losing money.

    The broadbrush approach that all petrol and diesel vehicles will be gone in 20 years seems bullshit. The government is involved so thats enough for me to make a decision.

    Play it safe, get a steamroller and a horse for Sundays.
     
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  16. And none selling.... ;)
     
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  17. Where you going to get the coal from for the steamroller ?
    Unless you run it on dry'd horse shit :bucktooth:
     
  18. Yeh never thought this through.

    Can't ya run things on coal? Old trains use coal. So all the old trains will be scrapped
     
  19. Yup, my mate has had his for sale mainstream for 4 months and not a sniff. Nowts moving...
     
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