Originally Posted by
It's Czech Mate
Buyers set the price Dojj, if they aren't willing to buy at a price the prices must drop
Supply and demand, there's no conspiricy by 'them' to drive up prices
All cars are going crazy lately, the good ones with history and originality even more so
I would say personally that with interest rates so low and the economy not that strong that investors have driven the market for classic cars as a whole, this will change and the market will crash it's just a case of when and how much once
This^ Its not just fords, every car has shot up. Since the crash in 2008 prices for classic cars have gone through the roof. I look in classic car mags quite often and every week a record for what a car fetches at auctions gets broken. Even cars like base model novas and citroen ax's that a few years ago you could of had for 500 quid can now be worth nearer 5 grand in good condition. Its bonkers and I wish it didn't happen, but the market only seems to be getting stronger.