Ford Capris ap­pre­ci­at­ing faster than they drove!

Classic Car Weekly (UK) - - Your Letters -

Rock­et­ing val­ues of Ford Capris only re­ally mat­ter if you are a fan of a cer­tain age who fell for the ad­ver­tis­ing slo­gan ‘The car you al­ways promised your­self’ and who now can’t af­ford one. Haven’t we seen it all be­fore? The Mini Cooper ‘S’ was a fast BMC built for the peo­ple but which went the same way pricewise a gen­er­a­tion or two ear­lier.

It’s all down to pop­u­lar cul­ture. The peo­ple buy­ing those cars are of the same ilk as the peo­ple who make the ear­li­est Bar­bie dolls worth so much.

The more waf­fle there is about the clas­sic car as an in­vest­ment then that is what they be­come: a com­mod­ity, rather than some­thing to be en­joyed and played with. And CCW is guilty of fan­ning the in­vest­ment flames with head­lines and fea­tures about es­ca­lat­ing prices and which clas­sics to ‘in­vest’ in.

In­vest­ment buy­ers sim­ply take road­wor­thy cars out of cir­cu­la­tion, so roll on the days when in­ter­est rates rise, so that the money mar­ket be­comes a bet­ter in­vest­ment than old cars. Scott Moore, Gis­ling­ham, Suf­folk

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