Classic Car Prices Falling at Christopher Adkins blog

Classic Car Prices Falling. The data tells us that such an assertion is perhaps unwarranted. In the first half of 2022, we saw a record number of cars go under the hammer. As we said in opening, the classic car market has got a fair bit of verbal bashing in 2023. Collector cars are square in the middle of that mix with average sale prices at both live and online auctions down some 17% in october 2023. Just 29 percent of models tracked on the uk hagerty price guide rose in value in 2023, the rest remaining static or falling. This partly explains the price rise we see here. If supply falls, all things remaining equal, prices rise. Lots of talk of a downfall in prices and grim outlook in the months ahead.

Used Car Prices Continue Falling
from www.motorious.com

As we said in opening, the classic car market has got a fair bit of verbal bashing in 2023. Just 29 percent of models tracked on the uk hagerty price guide rose in value in 2023, the rest remaining static or falling. This partly explains the price rise we see here. In the first half of 2022, we saw a record number of cars go under the hammer. Lots of talk of a downfall in prices and grim outlook in the months ahead. Collector cars are square in the middle of that mix with average sale prices at both live and online auctions down some 17% in october 2023. The data tells us that such an assertion is perhaps unwarranted. If supply falls, all things remaining equal, prices rise.

Used Car Prices Continue Falling

Classic Car Prices Falling This partly explains the price rise we see here. In the first half of 2022, we saw a record number of cars go under the hammer. As we said in opening, the classic car market has got a fair bit of verbal bashing in 2023. This partly explains the price rise we see here. The data tells us that such an assertion is perhaps unwarranted. Lots of talk of a downfall in prices and grim outlook in the months ahead. If supply falls, all things remaining equal, prices rise. Just 29 percent of models tracked on the uk hagerty price guide rose in value in 2023, the rest remaining static or falling. Collector cars are square in the middle of that mix with average sale prices at both live and online auctions down some 17% in october 2023.

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