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This year has been marked by a drop-off in classic-car prices, especially the high-end cars, which were subject to huge price inflation as the collector wave came on full stream from 2014 to 2016.
This tendency has not been true at the lower end of the market, where so-called “normal” cars of the late 1970s and early to mid-1980s have suddenly come into vogue.
Ferraris, Porsches, Lamborghinis and the rare upper-level Mercedes models will always fetch premium prices in the long term, so our feedback on these is that it’s a good time to buy now after the price dip if you are planning to hold on to your classic for a good few years.
Movies and social media play a huge role in the popularity of the lower-level classics. If a hitherto obscure car stars in a blockbuster, there’s a sudden rush on that make and model, as we have seen with cars like the Ford Anglia (Harry Potter) and the Ford Escort MK I and Mk II in recent years.
Recently a friend sold a four-pack collection of Mk I and Mk ...
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