2018 is set to be a strong sales year for classic cars. During 2017 the classic car market confidence was hampered with the affects of Brexit and other economic factors resulting in a market adjustment, with many investors being much more fussy and generally choosing only the very best examples. That said, overall 2017 sales were resilient and much better than first thought. We predict that in 2018 those vehicles other than exemplary will begin to pick up in value.

Auctioneers seem to be prepared for a resurgence with Silverstone Auctions hosting nine sales this year, including an inaugural Ferrari-only sale. No auctions houses have reduced their annual sales dates. Despite these indications of a strong year for sales, there are still concerns with the likes of the rising theft of classic cars, the well-documented new MOT rules and the scrappage scheme. Car manufacturers need to help save classics and not destroy these historic cars, giving the punters a chance to put these cars back on the roads. The government needs to help the classic car market too!

Mark Koppen

Classic car market rises in 2018

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40-year MOT rules

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