Crystal ball time.
With more and more towns and cities proposing restrictions on use of older cars (petrol and diesel), who else thinks that the balloon in classic car values may be about to burst? I understand that some owners see these cars as the works of art, and some of them are. But when plain Mk 1 Escorts are going for many thousands of pounds. I mean, really?
If I had classic cars that owed me money, I would be off-loading whilst I could. My 2CV will be affected by the London ULEZ, but it owes me very little and I never drive it in London. I do however see many Merc Pagoda SLs around Notting Hill - and they won't be allowed in Sadiq's brave new world.
Plus of course, the knock-on affect on classic car dealers/repairers currently in London/other towns/cities. Do they have a future?
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Future Classic Car Values? new
Future Classic Car Values? new