Ford Capris appreciating faster than they drove!
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