Winner and losers in the car market survey…

Hi all…

An interesting article on classic car prices.

https://www.retromotor.co.uk/features/2020-classic-car-market-winners-losers/

2020 Winners

Analysis by Hagerty’s market experts showed an overall shift downwards in mean values, dropping by 0.47%.

However, modern classics in particular bucked the trend, recording increases in average values between May and August 2020. These were the top five making a climb.

Volkswagen Mk1 Golf GTI 1.6 – 13.82% increase

Classic car market winners and losers

Perhaps the launch of a new Mk8 Golf GTI this year by Volkswagen has stirred up sentimental memories. In a chaotic world, there is something reassuring about the ever-present Mk1 GTI.

In particular, it is the earliest 1.6-litre versions of the Mk1 GTI that have seen the marked growth in values. Average prices for these rose from £15,200 to £17,300.

Interesting times ahead!

Cheers Hugh.

 

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