‘ There’s a lot still rid­ing on Brexit’

Classic Car Weekly (UK) - - This Week - RICHARD HUD­SON-EVANS AUC­TION EX­PERT

‘Not all fast Fords have been ap­pre­ci­at­ing strongly, and I think we’ve yet to see the mar­ket po­ten­tial of the Es­cort Mex­ico MkII, Fi­esta RS Turbo, and Es­cort Tur­bos of all kinds. I also ex­pect growth for limited edi­tion Fer­raris, less so for mod­els pro­duced in higher num­bers. And if the mar­ket cools, I think val­ues of most air-cooled Porsche 911s will soon run out of steam.

‘Much de­pends on Brexit. I think there’s been an eco­nomic feel-good fac­tor in the UK re­cently, but we haven’t had Brexit yet. If enough peo­ple be­lieve that it’s not go­ing to hap­pen, that un­cer­tainty will desta­bilise con­fi­dence and put the brakes on our mar­ket.

‘ The harder the Brexit, the less ap­petite there will be in the UK for left­hand drive cars, so more of these will leave the coun­try. Cur­rently ex­ports are strong thanks to the pound re­main­ing low against the dol­lar and the euro.

‘For the mar­ket to sus­tain its bullish­ness in the longer term, I also think we need to see some new main­stream celebrity faces big­ging up clas­sic cars in mass me­dia dur­ing 2017. On the whole, ours is still an age­ing, nos­tal­gic mar­ket.’

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