sales continue to remain strong in the UK, particularly
for 1980s and 1990s modern classics like "hot hatches".
In a lead article, this week's issue of Classic Car Buyer
reports that "the last 15 months have seen the classic
car market adapt admirably to new ways of distanced selling
to cater for enthusiasts with more time and money on their
hands, but as things start to open up again with the release
from lockdown in mid May, can we expect the boyancy of the
market to slow down?"
Effect of the ban on sales of new petrol & diesel only
cars from 2030
CCB says "nobody is suggesting fossil fuels will be taken
away from older vehicles, but the proliferation of city-centre
emissions zones is a factor" which might constrain the
use of classics
in those areas.
Auction activity remains boyant
CCB say that while some auction sale rates have softened since
unlocking in mid May, "they've generally remained over
80%. Brightwells' May sale recorded a success rate of 89%,
a 2% rise on April, with H&H recording 80% and Anglia
Car Auctions almost 90% during the same month. Historics'
sales rates have grown steadily through the pandemic reaching
90% at its delayed sale at Ascot in mid April." Matthewsons'
June sale attracted a massive 541 lots with highlights including
modern classics like a Ford Sierra Cosworth, an Escort Sport
and an Astra GTE. CCB note that 1980s and 1990s classics seem
to be the current top performers, possibly driven by nostalgia
for the era from affluent 40-something buyers." Matthewsons
see "MGBs and that type of car remaining as the mainstay