Why are Classic Cars so popular ?

Why are Classic Cars so popular ?

We are often asked "Why are so many people going nuts about Classic Cars". As a result, and to aid in explaining the current phenomenon to newcomers, we felt obliged to supply this short summary of the Classic Car market as it is now.

Classic Cars are really just another memorabilia product, and so have risen in value for the same reasons that most other items from the past have.

The real difference with Classic Cars is that one can actually get into the product and drive it, unlike art, ceramics, stamps, sporting goods or other stationary items of that ilk.

And then there is not only the driveability of Classic Cars, there is also the feel. Some of these cars just feel so fantastic to drive like a Lotus Esprit V8 Twin Turbo for example, that is just so explosively fast and has such amazing handling that very little can touch it on the road, even today. Some of the very old Classic Cars also have their own feel, which makes them a real challenge to drice smoothly.

Classic Cars also appeal to men and women from all era's as everyone has seen images of these great cars from the past, or have experienced them in the flesh. It is often said that only Baby Boomers like these cars, although recent statistics show that the desire for one of these Classic Cars is much more widespread.

Then there is the fact that Classic Cars are not made any more, and so when they are gone, they're gone, unlike property, whereby more new houses can always be built as demand rises. With these Classic Cars, when they are all sold and the new owners just choose to keep them, they are no longer available.

Scarcity generates massive demand, as we are seeing now with the rise and rise of Classic Car values.

It would seem that the best thing to do is to join in the rush and not get trampled, for which one requires a little specialist knowledge. Fortunately, you are now in the right place for the information that you need to join in the revolution in Classic Car prices. Just sit back and watch the values rise, on 62% of all Classic Cars.