Classic Car Market heads for correction..................on certain models

Classic Car Market heads for correction..................on certain models

The Hagerty Investment seminar was held recently as reported by Classic Car Weekly in their edition of Wednesday the 10th of September, 2014, and as suspected, concluded that certain makes and models would continue rising whilst others will fall.

Just as with property, the laws of supply and demand always apply, and the guru's of Classic Car commentary were all together at the Hagerty event to provide a view of the future in the lovely surroundings of Beaulieu.

Rob Sass, Vice President of Content for the Hagerty's price guide commented upon the recent sale of a Ferrari 250 GTO for £22.8 Million at the Bonham's Quail Lodge auction during Monterey week, saying that as this car sold for it's estimated value, it would settle the market. This he said, will prevent the market bursting as it did in 1991.

One emerging segment that was identified was the relatively new Japanese Classic Car market, which is booming right now, and set to rise for certain models. In fact the Toyota 2000GT is the first Japanese car to end up on the Hagerty blue chip index.

The result is that the expert guru's agree that there are some cars to buy, some to hold, and some to sell.

Now, more than ever, specialist advice, guidance and information is absolutely essential, and with over 30 years as part of this market in 3 countries, we are excellently positioned to assist. If you want to know which cars will rise and which will fall, call us.....................

Our Classic Car Wealth Education Programmes are available now, by calling : 1800 001017