‘Rarity and originality is at a premium’
‘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.’