chasing car sales are driving up classic car prices?|
Car Weekly is a well regarded classic car newspaper which comes out on Wednesdays
providing news items, vehicle reviews, auction news and private and trade adverts.
Thinking of buying
of selling an MGV8?
See our advice and information. More
like to place an MGV8 wanted or for sale advert on the V8 website?
the V8 webmaster and discuss how you can prepare and post an advert on the V8
website that will work.
How active is the MGV8
See our Pricewatch webpages for the MGBGTV8 and RV8 models
with reports of adverts or auction listings seen by our Pricewatch team. More
Last updated in May 2016, our price guide will be updated again
in early April 2017. More
serious shortage of cars offered for private sale is predicted by classic car
market experts, with a consequent rise in prices expected. They say "it's
all because of the saturated auction market in the UK". This is the cover
story in this weeks issue of Classic Car Weekly. They add that more private sellers
are turning to auction houses to list and sell their car, who in turn are holding
more auction sales. CCW adds this is "particularly seen in the sub-£10,000
price bracket of the classic car market" - typically hot hatches from the
1980s and 90s.|
However with classic MGs there are signs the classified
adverts in club magazines like Safety Fast! are seen as a preferred buying and
selling route for MG buyers and sellers. Using that route you tend to deal with
fellow MG enthusiasts. Our feedback from enthusiasts looking to get an MGV8 reveals
carefully worded "MGV8 wanted" adverts are producing good results
with "wanted" advertisers finding fellow enthusiasts who are MGV8 owners
who are beginning to feel they want to sell their cherished car to a "good
home" and not see it go through a "cattle market auction". Many
longstanding owners, reaching a stage where they feel they must sell up, don't
want the bother of a succession of "tyre kickers" and "traders
concealing themselves as private buyers" rolling up at their homes trying
to get a bargain.
A well presented "MGV8 wanted" advert placed
by a recognised MG enthusiast can and has raised interest with long term MGV8
owners who had begun thinking of selling but didn't feel willing to break cover
and move into the marketplace with an "MGV8 for sale" advert. In those
cases a cordial meeting through a "wanted" advert and then a pleasant
discussion resulting in sale to a good home has been a very welcome result for