‘Modern classics are here to stay’
Just where does the market stand when it comes to modern classics? Many people like them, but there are plenty of others who really don’t like the inclusion of latemodel interlopers in a sale.
But whatever side of the fence we’re on, modern classics are here to stay and we certainly aren’t going to be without their presence anytime soon.
Having said that, one auctioneer told me recently that he’s seeing a slowdown in modern classic interest, while interest in traditional classics is buoyant and, if anything, is strengthening. So what could be the reason for this?
Interest in Jaguar E-types, big ‘Healeys, Triumph TRs and even workaday models like BMC Farinas and Vauxhall Vivas has never gone away – it’s just that they’ve always been around, while some strong prices paid for modern classics have taken the headlines.
What the modern classics phenomenon has done – other than bringing some genuinely great cars to market – is to turn the spotlight onto those more traditional classics. They’re not taking anything away from the oldstagers, and they’re bringing fresh blood to the market.
That can’t be a bad thing, can it?