‘Rar­ity and orig­i­nal­ity is at a pre­mium’

Classic Car Weekly (UK) - - This Week - AN­THONY POZNER HENDON WAY MO­TORS

‘While the ex­treme high-end of the Fer­rari and Porsche mar­ket shows signs of sta­bil­is­ing, there’s po­ten­tial for fur­ther in­creases this year from cars that don’t have iconic sta­tus, but which were built in very small num­bers – prefer­ably with as­so­ci­ated com­pe­ti­tion suc­cess in pe­riod.

‘An­other fac­tor is the in­creas­ing cost of restora­tion. There’s a de­creas­ing num­ber of cars in par­tic­u­larly good or­der, so orig­i­nal cars and restora­tions that stand head and shoul­ders above the av­er­age and have in­ter­est­ing prove­nance will do very well this year. Av­er­age ex­am­ples are less likely to ap­pre­ci­ate fur­ther than they have al­ready.

‘In our opin­ion, the value of cars such as the Porsche 996 Turbo, 930 Turbo, and 1980s Porsches like 911 3.2 Carrera still of­fer good value. Even the unloved Fer­rari 348 is be­gin­ning to be ap­pre­ci­ated, though it can still be bought for less than £50,000.

‘Sales were briefly af­fected by the Brexit vote, but the fall­ing pound means that the UK of­fers good value for overseas buy­ers.’

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