Has the classic car bubble burst?

[NotoriousREV]

Interesting Tweet thread:

[Jimmy Choo]

At the other end of the spectrum, I've not seen any new 68 plate vehicles at all.

[Mito Man]

Is a 12 year old car a classic now?

[Rich B]

One lot isn’t going to tell us much - was that a general trend?

[240PP]

At the other end of the spectrum, I've not seen any new 68 plate vehicles at all.

I only saw my first yesterday. Admittedly it was on a RR Phantom so some people are still doing alright.

[Jobbo]

Fab, time to build that warehouse and stock it with Porsche GT3s.

[GG.]

That photo doesn't state any of the listing particulars but I can't really fathom where they're getting that guide price from anyway. The very most expensive Vanquish S on AT is c.£150,000 and has 11,000 miles on the clock. £180-£220k plus buyers premium and taxes is stupid.

That said £95k does seem on the low-ish side of the range (though objectively not for a Aston full of crap ford switches and an appalling gearbox).

[nuttinnew]

'5,500 miles from new. Not up on Astons really, but this was one of the manual 'box conversions. Not sure if it was done at Works or a dealership. £32k job.'

[speedingfine]

https://www.goodingco.com/vehicle/2002-bmw-m5/

No

[GG.]

'5,500 miles from new. Not up on Astons really, but this was one of the manual 'box conversions. Not sure if it was done at Works or a dealership. £32k job.'

Ok - makes sense with a manual ‘box conversion. I figured there must have been something special about it or owned by a sleb previously.

[240PP]

https://www.goodingco.com/vehicle/2002-bmw-m5/

No

WTF

[ste]

Presumably bought by Shock Diamonds?

[ZedLeg]

Presumably bought by Shock Diamonds?

Watch out for it being sold for £20k in 6 months because it jostles his missus. Then we'll know.

[JLv3.0]

It's the six preceding months of him droning on about it ad nauseum and how he's keeping it forever that we'd have to endure, both on here and in those execrable videos he does, that's the real concern.

[NotoriousREV]

One lot isn’t going to tell us much - was that a general trend?

Click on that Tweet and read the thread. Y’know, like I mentioned at the top.

[JLv3.0]

Wouldn't it be easier if you just typed out the whole thread in that link to save us clicking something, once?

[Rich B]

One lot isn’t going to tell us much - was that a general trend?

Click on that Tweet and read the thread. Y’know, like I mentioned at the top.

Let’s not bother discussing things on here then. Done.

[NotoriousREV]

One lot isn’t going to tell us much - was that a general trend?

Click on that Tweet and read the thread. Y’know, like I mentioned at the top.

Let’s not bother discussing things on here then. Done.

Well read the thread and we can discuss the sodding thing on here, then

[PaulJ]

A Ferrari 250 GTO made £52 million in June. Bet they were hoping for more.

[ste]

...anyway back to the original point.

I can't believe this, I'm now feeling I may have sunk my life savings into a classic, the market is going to drop and I'll be in negative equity with it.