Classic Cars (UK)

Market indicators Unrepeatab­ility and period-perfection prevails again, while some dealers are pricing like it’s 2017

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1968 Jensen Intercepto­r MKI £85,800 CCA, Leamington Spa, September 15

The market loves rare (and preferably early) versions of great cars such as the MKI Intercepto­r, being the pure original with the Alfa-style dashboard. Its charge is being led – as seen here – by the manual gearbox version, of which just 22 were built and an estimated eight survive. So it has risen to plug the large price gap between regular Intercepto­rs and the FF. The sixyear-old £40k resto helped this sell too.

1971 Ford Capri MKI 3000E £29,920 Brightwell­s, Leominster, September 26

Just a week earlier we nodded sagely when a nice 3000E with similar miles made a mid-est £19,800 at CCA. That confirmed where values were and Brightwell­s duly estimated this at £19-21k. But it underestim­ated the pulling power of Le Mans Green, not to mention a rare factory sunroof and period eight-track player. It’s more Seventiest­astic than T Rex having a Raleigh Chopper race. Probably unrepeatab­le, but the right result.

1993 Ferrari 348 Spider £40,500 Silverston­e Auctions, Southam, September 30

One of just 68 UK right-hand drive 348 Spiders, this looked classy in Blu Chiaro and had done 51,000 corroborat­ed miles. Backed by comprehens­ive history, a year ago that would all have been a recipe for a £50k sale. But the market readjustme­nt that has taken place is being felt most by cars like this – a sub-40k-mile 348ts two lots later in the sale made £43,875. Never mind dealer prices, this is the new reality.

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