Restored gems shine on the dealer stands
Traders at this year’s show are pointing towards freshly restored classics as the best value for money for buyers.
Enthusiasts are encouraged to seek out classics that have been in the scene for dozens of years and which have been cared for by their owners. Dealers reported brisk sales at the show, with cars from the 1970s and 1980s performing particularly well.
‘Our Jaguar XK140 is for sale at the show for £140,000. It’s recently had £70,000 of restoration work completed on it. You do the maths – the best value for customers comes from other people spending the money,’ says Brett Lyons, director of the Epping Motor Company.
This price trend transcends the nationalities of cars, as it’s not just British vehicles that benefit from seriously scrupulous ownership.
David Chappell, aftersales manager of American specialist firm Why Not Classics, adds: ‘Our most popular car at the show is our immaculate Ford Mustang, at £39,995. It looks great value in comparison to some modern classics and prices are holding. You couldn’t buy and restore one for the same money.’
MG Midget Lenham coupé, Jaguar Mk2 3.8 and Tifosi Rana were all given big-money restos.