![]() Finally there is a light at the end of the tunnel - literally! As the Spring draws in we are building up our portfolio of finds. We have a new garden office installed and we have recently upgraded our forecourt so our clients have more space to view our classic car finds. We are sourcing some interesting cars at all price points - from the Vauxhall Carlton - which we love - to the Jaguar XKR - which how could anyone not love? We will continue to grow this year - please feel free to drop by and have a look at our cars - we aim to please. While competition for excellent examples of quality vehicles to source remains high, we feel this is a good sign as it means the investment market is growing steadily. We have said it before but as its Spring we will say it again - buy a new car for £25000 - the moment you drive away from the forecourt you have lost the VAT value and the countdown begins. On average in three years your purchase (asset) will be worth roughly half what you paid for it - say £12000.. If you divide this down into additional monthly costs on top of insurance and tax then you could add roughly an additional £300 a month to your actual costs. If you buy a classic then it can be cheaper to run, they are cheaper to insure, they are cheaper to fix, they look cool, you can go for weekends away with local clubs and when you sell it you should return your investment if not increase it. So it seems that Classic Cars may be the way forward..... Happy motoring and roll on the summer nights.
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AuthorChris Barnes - a Classic Car hunter that has bought and sold for twenty years bringing you the inside track and discoveries as they happen Archives
October 2020
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