Steady as she goes
Mainstream cars likely to maintain current values
‘People are still in the market for Stags and MGBs – they’re great on long runs’
How did 2016 shape up?
It was strong for the first two thirds of the year, but that can’t be put down to Brexit. Our business suffered in the last third simply because we didn’t have the cars to offer.
Yes – the market performance of 1950s and 1960s family saloons. Good ones are becoming scarce and many aren’t going to auction. Many good examples are in collections and staying there. When we started in 2000 it was easy to buy good 1950s and 1960s family saloons, but not now. Two years ago we offered a Standard 10 that had been stored for 30 years, and it sold within an hour.
How can you tell what’s popular?
I believe if you want to know what’s popular you should visit any local, out- of-town show. You’ll find cars different from what you see in magazines, and at those shows you’ll see people all over cars that were once a common sight. Not everyone wants a car with a racing history.
What do you think about Rootes Group cars?
I’m equally fond of Rootes Group cars as BMC cars – I love the quirkiness of the badge-engineered examples and appreciate the way in which the different marques were trimmed.
Will traditional classics maintain their popularity?
People are still in the market for Stags, MGBs and MGB V8s – they’re really great on long runs. The Triumph Stag is still undervalued and there’s no reason why a concours example shouldn’t make £30,000-40,000. Their value has been held back by perceived problems with the Triumph V8 engine. TR6s are undervalued too, but their image has been tainted by it being a British Leyland-era car, while the TR5 is much rarer and that rarity makes it much more valuable.
What’s your take on modern classics?
I don’t sell them but I would make an exception with some later MG and Rover models – their significance has been underestimated and while they’re still seen as bangers they will find their place. The ZS is rare but it was well rated by Top Gear.
How do you see 2017 faring?
I think it will be a case of ‘steady as she goes’. Some cars will suddenly become expensive but I’d be surprised if the mainstream cars rise much.