Tim Gascoigne, Barons
This is your third sale of the year – how has 2017 been so far?
This year has continued where 2016 left off and has been very positive. We’ve had two good sales so far with some extremely nice cars finding new homes, and our third sale of the year is looking promising, with a good variety of quality cars on offer. We’ve also recently appointed Justin Shardlow as marketing manager, and some of the changes that he’s already made are making a huge difference to our proposition. Our marketing is now a lot more intelligent, so we are now able to be more targeted and focused with all of our marketing.
What is happening with the likes of MGBs, Midgets and Morris Minors? Are they still in demand?
MGBs and MG Midgets are still very much in demand because they are seen as great ‘starter classics’, so prices have remained generally constant. As always, this is subject to condition and specification, with some MGBs selling for as little as £1300, right the way through to top examples going for as much as £15,000. Morris Minors have less of a following, and as such, prices have softened in the main over the last few years.
What is your attitude to modern classics in your sale? Are there any hard and fast rules you apply with later cars?
We’re very keen on modern classics as we think it is a very popular sector of the market at present, and it is only likely to increase with time. It can be difficult to adjust your mindset to think of some cars that don’t seem very old as classics; my first instinct is that any car more recent than my first car (a J-reg 1.6 Ford Escort) is still fairly new, but that car will be almost 26 years old now if it’s still going. A lot of people seem to be getting a bit carried away, and think that any car in any condition from the Eighties or Nineties is going to be worth a lot of money, and that just isn’t the case.
Would you consider another sale location? You have one sale just down the road at Kempton Park so some might wonder if you’d use another racecourse?
Our current plans are to have most, if not all, of our sales at Sandown Park for the foreseeable future. We tried Kempton as an alternative venue last year, and it worked well, so we may host a sale there from time to time.
‘Some extremely nice cars have found new homes’
Plenty of MGBs are still finding plenty of buyers at Barons – but newer cars are the ones to watch.