Market watch Russ reck­ons you should buy a mint MKI MX-5 now – if you can find one – and sheds light on a forth­com­ing auc­tion com­pris­ing plucky, pint-sized Ital­ian rar­i­ties

Russ Smith notes a cou­ple of rag-tops on the rise: the early MX-5 and Tri­umph Herald con­vert­ible

Classic Cars (UK) - - Contents - Around the market

Af­ter a so-so start to 2017 in Scottsdale – av­er­age sales rates and largely un­ex­cep­tional prices – the auc­tion sea­son re­ally kicked off in the UK. Lots of en­thu­si­asts turned up at South West and Anglia to for­get Brexit, Trump and gen­eral doom and gloom. In­stead, they had their buy­ing trousers on. SWVA failed to sell just one of the 71 clas­sics on offer in Poole, then the next day up at King’s Lynn ACA fielded a well-var­ied 234 cars and sold a very healthy 82.4%. That fig­ure was no doubt helped by of­fer­ing 40 cars with no re­serve, but most made good prices and more sig­nif­i­cantly two-thirds of the cars sold went for above or within their pre-sale es­ti­mates.

A cou­ple of those are cov­ered in de­tail be­low, but the over­whelm­ing trend is a con­tin­u­a­tion of what we saw last year: the strong sell­ers are cars with a good story. What­ever make or model, buy­ers will pay over the odds for any­thing with low mileage, a qual­ity restora­tion or su­per his­tory. Put all three of th­ese to­gether and you can re­ally hit the jack­pot, like the 1965 Singer Vogue es­tate that made £14,700.

Tri­umph Herald con­vert­ible

Keep an eye on th­ese. The Herald’s sharp edges and lit­tle fins are look­ing cooler by the day, and they are al­most as well served with parts and spe­cial­ists as the Mor­ris Mi­nor. Pick of the bunch is the 1967-on

Herald 13/60, whose 61bhp will show a clean pair of over-rid­ers to any cud­dly Mor­ris. It comes with disc front brakes and is all the bet­ter for longer jour­neys. This year we’ve al­ready seen one – an older restora­tion in nice con­di­tion – make nearly £7000. If you’re look­ing to buy one it may be time to get your skates on; they’re not get­ting cheaper.

Mazda MX-5 MKI

Not con­vinced? With rust now tak­ing its toll on Mkis and low prices mean­ing peo­ple are buy­ing them to run into the ground, it has sud­denly be­come pretty hard to find top-qual­ity early MX-5S (the purest pre-1994 cars). Think back to when MGBS were scorned and sold for pocket money. Well, there are al­ready pre­mium prices be­ing paid for low-mile first-year MX-5S (with a G- or H-plate) and that’s only go­ing to spread.

Th­ese cars will be­come the MX-5 equiv­a­lent of ‘pull-han­dle’ MGBS. If you own one, it just be­came an in­vest­ment. If you’re in the market for one, keep an eye on non-spe­cial­ist sources as they do still emerge from un­in­formed sell­ers. But don’t hang about – you won’t be the only per­son look­ing for them.

Mint MKI MX-5S are hard to find so prices are on the up

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