Mar­ket view

Classic Car Weekly (UK) - - This Week - by Richard Bar­nett

Cards firmly laid on the ta­ble – I’ve a very soft spot for Bon­hams’ Fes­ti­val of Speed sale, which was an oa­sis of calm com­pared with the shenani­gans play­ing out on the Earl of March’s front lawn.

And talk­ing to a cou­ple of key fig­ures in the old-car game there, it’s ap­par­ent that while eco­nomic jitters are play­ing their part in cre­at­ing un­cer­tainty, most en­thu­si­asts still want to get out there and en­joy their cars.

Concern among buy­ers – per­haps am­pli­fied by re­cent tragic events as well as po­lit­i­cal up­heaval – is hav­ing a bad ef­fect on some deal­ers, and it’s not some­thing we want to hear. Let’s face it, deal­ers are tak­ing a risk each and ev­ery time they buy a car for stock and that risk is rightly re­flected in the mar­gins they aim to make.

But at the end of the day those mar­gins don’t look so large when costs (trans­port­ing a car to their premises, prepa­ra­tion both bod­ily and me­chan­i­cally and han­dling any un­fore­seen ex­pen­di­ture) and stor­age are taken into ac­count.

The old car move­ment should be fun and en­joy­able. And with that ap­proach, and some gen­eral pos­i­tiv­ity, we should weather this cur­rent storm.

‘The old car move­ment should be fun’

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