Classic Car Prices in Australia go stratospheric
During January of last year, we purchased a Ferrari 308 GTB that was advertised on Carsales.com.au for AU$44,000, which had 42,000 kms on the odometer, and was a faultless car. On today's viewing, we see that we will have to pay over $200,000 for the same car.
We also purchased a Porsche 930 Turbo 3 litre for AU$77,000 in the same month from the same website, On today's viewing, we would be paying $260,000 for the same car.
We also purchased a Jaguar E-Type 4.2 litre series II for just $43,000 in the same month. The same cars are now on Carsales.com.au today for $230-289.000.......... and that is for a Series III, the least desirable version !.
To say that we have experienced significant growth in the Australian market would be a little of an understatement.
Interesting times !.