Daventry MotorFest Walkabout & Talk with show attendees and their own classic cars at this event

[@classiccars1994]

Having been in the classic car trade for over 40 years both restoring and selling, I have seen the market place go up and down. The market I would say, has been on a gentle downturn for the last few years. In 2015 to 2017 the market place was on fire and again during lockdown. Since lockdown a multitude of auctions have set up on line selling classics, this in turn opened up buying at auction to a whole new audience. This drove prices ever higher, for auction sales at least ! Hence the auctions have been bucking the downward trend price wise, until I would say early summer 2023. Now even the auctions are not selling at such high prices, other than the odd exception and sales percentages are not as high. Pre-war cars are difficult to sell due to demographics, fifties cars and some sixties cars are also getting harder to sell. Most classics are falling back in price and are taking far longer to sell. I have had a few fast Fords through the door, a corner of the market that has been healthy and even interest in them has fallen away from where it was just 18 months ago. It's high time prices became more affordable for all and within reach of the real enthusiasts.

[@IconicBrands123]

Well said, in fact I’ve also noticed classic car sales at auctions attract higher prices due to the fact they are filtered and choosing the best examples to sell

[@tonydichi3579]

I always look to the Classic Car Market to predict the economy. It looks loke the economy is in trouble.

[@IconicBrands123]

A photo in autotrader etc can be deceptive always wise to look at the car first in person Ageed

[@silkyneilsen]

As one of the organisers of this event, I would like to thank you for sharing this video. I am sure you will have noticed that it was more than just a classic car show, rather a celebration of all motor vehicles. The youngest car on display was 4 yrs old and then we had 2 at 109 yrs, with vehicles from a scooter to the helicopter. My Mercedes, at tha back, is only 21 yes old, I love her and, like most of the enthusiasts there, do not want to sell her or make a profit. Once again, thank you for the video and I look forward to seeing you at the next show.

[@davidmwood560]

I've been driving (with a clean licence) for 61 years. I've raced for most of that time too. I was brought up with classic, vintage and veteran cars and my dailty driver is a "modern classic", a 2006 Lexus GS300 SE-L. I've owned this car for 3 years and it's current worth is around 3 times its purchase price! I buy and sell a few modern classics and, to be fair, I've found that, so long as I'm selective, prices are on the rise; particularly with American cars, trucks and dayvans. Certainly, the vintage and veteran markets are very healthy, with a lot of people turning to cars over 40 years old, to take advantage of VED and MoT exemption and cheap classic insurance. A few makes are still very affordable; both to buy and to run. Rover P4, P5b and P6 spring to mind; I recently bought a Rover 110 P4, for under £5,000! It's in show condition and is a delight to drive. Austin and Morris are still good value; yet Rileys, Wolesleys and MGs are way out in front. It's a funny old : shows as often as I can. Good video, thank you.

[@IconicBrands123]

Thanks to you for helping to put the event on . I’m sure with our community events in Daventry it will mean our paths will cross in the future.

[@silkyneilsen]

I'm sure it will and looking forward to it

[@melb6528]

Ageing enthusiasts selling up and younger people not particularly interested in cars prior to the 70s. is also part of the problem along with many people don't have to skills to repair or service their old cars. The same is happening with motorbikes and even buses.

[@IconicBrands123]

Agreed generally speaking as the cars go beyond living memory the skills are limited

[@muckle8]

I was discussing this same matter 20 years ago tbh with my now late father and uncle - we could all see the writing on the wall even back then , the question is will motor vehicles kind of turn into oil paintings , even if they are aren’t roadworthy or government legislation stops them from being used in anger - what then? Prices will either collapse or soar!

[@muckle8]

I should add that cars could be converted to electric ( perish the thought) en masse IF that is the difference between them being parked up in a garage or being driven/ ridden .

[@IconicBrands123]

The Government hold the power over all Classic car owners and drivers remains to be seen how far they go with future legislation

[@muckle8]

@IconicBrands123 thanks for your kind reply and too true ……sadly!

[@Thegowfer65]

13 years old ain’t no classic.

[@IconicBrands123]

Agree 👍

[@philhawley1219]

My daily driving car is only 30 years old. All my bikes are over 40.

[@tobymaltby6036]

Maybe not ... but the Merc R231 is the last of it's kind.

[@IconicBrands123]

My Porsche 987 is 15 years old and is registered as a Classic by Porsche themselves it is subjective

[@thorsrensen3162]

These foolish Mercedes SL drivers always come to the classic car meetups and ruin it for everyone and photographers as the park their new cars along with the real classic cars. I dont know what is wrong with the owners of these cars they have no shame and even if they are told to beat it they always return again at the next festival. I dont know how they can behave so rude and ignorant.

[@IVAN-bs5bq]

He would like to own a TR7 - that says it all , why is it all about value and price - Very many people travel the country going to football matches and all their money lost without any return ! if you get your money back when selling a classice car then your hobby has cost you very little !

[@IconicBrands123]

In addition I’d like to own many more classic cars of various types Each to their own respective tastes I think you’re right about the football though!! Especially with my team 😉

[@leslierogers1276]

Do it get a TR7 ,you will love it

[@IconicBrands123]

@@leslierogers1276 I Remember when TR7 was launched and was blown away by how they looked one day that will be a realisation

[@23trooper]

Tr6 was the last TR

[@23trooper]

Now I had a Capri mk1 Le Mans green 1600 loved it ..

[@warnerswheelingabout4879]

SLK isn’t a classic just an old car that’s why they’re cheap. 😊

[@julesmoto9022]

So true. I couldn't see the relevance to the title either

[@julesmoto9022]

Unfortunately the MG Club should draw a distinction between UK models of old and the Chinese who just picked up the name. Maybe it should be called Classic mg club or something. If it were me I would call it Genuine MG but that might be putting a rather too fine a point on it in this woke dont offend anybody- even dictatorships- age.

[@colinranson1617]

I would walk straight past it, not a classic at all but hey each to their own

[@goneysangullies]

Repairs, too, plus parts if available. Still great to drive.

[@502days]

What a load of rubbish this isn't a classic

[@TheClockwise770]

I worked for a British Leyland dealers in late 1970s and the sales staff told me that the hardest car to sell was the TR7. It had incredibly heavy steering , terrible rear visibility and was prone to vapour lock, then retailing at at just under £7,000 wasn't cheap

[@IconicBrands123]

Rose tinted glasses has softened the memory

[@TwizyMan]

I once worked for a BL dealer and in the summer of 1982 we sold what was thought to be the last available unused UK model TR7 drophead. It was a dreadful beige colour and had been pre-registered and in stock elsewhere for over a year. I went to collect it and I was most disappointed, it was truly awful to drive, scuttle shake being the thing that I remember most about it. Not a proper sports car by a very long way, the TR6 was the last open car worthy of the Triumph name. (The 4A was my favourite)

[@IconicBrands123]

@@TwizyMan Thanks for the info I’m sure it was and yet as a younger person back then it was a dream car with the wedge shape design for me just great and out of my price range but I’ve never driven one !!

[@williambailey1712]

I had a inca yellow one from new,rust bucket and the doors never fitted properly

[@IconicBrands123]

It’s true to say that the rust bucket of the past is now the sort after car of today because of that reason

[@MARTINA-gc3tq]

I have a 1997 RAV4. It is my daily driver. I just had its second cam belt and water pump changed.. How eco friendly is that!

[@neilmckay8649]

As you say, cars are lasting longer. A 'modern classic' today is older than a 'modern classic' of yesteryear. Today, cars are simply 'old for longer'. In the 1970s, a 5 year old car was hanging in there, a 10 year old was a survivor and a 15 year old car was a winner.

[@IconicBrands123]

Exactly 👍 it’s the rarer-cars that make the most

[@tobymaltby6036]

....except anything with an Ecoboost or Ingenium engine in it.

[@S1000xrhp]

I'm very thankfully well shot of my Ecoboom. It's not a classic car in any regard - it's a liability!! After 4 Fiestas and 3 Mondeos and a Transit, that's me done with Ford. When I rang customer services asking what support I could expect if my (then owned) Fiesta's engine went boom, I was advised to buy a warranty against that happening otherwise I was on my own!! This is despite it's parent company ,Ford America, admitting there is a problem and undertaking free reactivation work. Ford Europe has so far not accepted responsibility for the issue and will not stand by their product. Disgraceful behaviour, so it's goodbye Ford!

[@dappergent9422]

I'll wager that a Teslar will never grace a field of a classic car event.

[@IconicBrands123]

Out of our lifetime !!!

[@michaelbarton4787]

I wouldn't be so sure, the Tesla Roadsters (built on Lotus Elise chassis) are already getting a bit of a cult status ! Maintenance of these *may* be such a problem since the details have been released into the public domain. Certainly the current lot will never be classics tho' !!!

[@IconicBrands123]

@@michaelbarton4787 interesting , I guess everyone has different tastes

[@mikemartin2957]

​@@michaelbarton4787no doubt Haynes will release a workshop manual covering the range in about a decades time!

[@michaelbarton4787]

@@mikemartin2957 For sure - they've done manuals for Concorde and the Space Shuttle !

[@lindapitman]

Great video beautiful classic cars 😊

[@waitwhat-qg9bc]

I bought two TR7s in a deal, a hard top and a soft top. My girlfriend and I decided to drive them from London to my lock up in Brighton. The hard top broke down on the A3 in New Malden, so we got a rope and towed it with the convertible. The convertible broke down on the A24, just past Dorking. So there we were, with two broken down TR7s attached by a bit of rope. I had to get the train to Brighton, get my W123 estate out and tow them down to Brighton one at a time. It was a long night and the last time I will ever buy a TR7.

[@IconicBrands123]

Great story thanks for sharing maybe a buy one get one free deal when you sell them

[@waitwhat-qg9bc]

😂

[@mrjohncharlesbrown]

My 1973 Rolls Royce 2 Door Saloon Coach Built Mulliner Park Ward is 50 years old, its rare, costs me a fortune to run, that alone sorts the men out from the little boys.

[@ronwinkles2601]

In the US, it is an entirely different market with antiques and classics selling for unreal prices. However, I expect the US market to tank by this fall. Most car shows in the US now have close to 50% trucks and station wagons that still offer daily utility beyond the classic sports car or muscle car.

[@mickhardin15]

Appreciate that no one shouted at me, very relaxed and lovely meet.

[@mikego18753]

Good vid. The MG,s have got it 'licked'.lol. Thanks mate,thumbs up.

[@IconicBrands123]

Glad you enjoyed it

[@workman122]

Problem with the SLK170 in the UK is that it has never lived down it's "ladies who lunch" or posh wives image, along with rust. We live in France and have a SLK320, they are much better thought of here and also rust is not the problem it is in the UK (no salted roads). On the most popular sales media here, the cheapest 320 is 7000 euro and the dearest 16,000, The UK is a very cheap place to buy used cars, though the corrosion aspect would put me off completely.

[@IconicBrands123]

Probably explains why our prices are cheaper than elsewhere it’s because of Rust a lot of Classic cars are imported from Arizona into the U.K.

[@brucecooper7905]

Really enjoyed that! Thank you so much!

[@timbullough3513]

Hearing people singing Route 66 in UK is incredible. Good to see so many Mustangs kicking around as well.

[@chrismaguire719]

Depends on which classic cars you have. Good luck getting anything with a ford RS badge on it cheap. Hot hatches from the 80’s are doing well. Those mercs are to new, unless you’ve got the software are a pain in the arse. SL 500 AMG is going up.

[@IconicBrands123]

Agree entirely it is a subjective choice

[@jonnyc5254]

Was just here to say the same. I know it depends on the definition of cheap but most RS's can still be bought for under £30k. Escort and 3 door Cosworth / RS500 are higher and the latter now either 6 figures or close. It's what someone is willing to pay at the end of the day but you can see the appeal of the stuff that still commands more money. The MK1 Focus RS is certainly a modern classic and good ones of these are £25k ish. A 2003 SL would have been 3 times the cost when new but now maybe half the price but just not as desirable.

[@silkyneilsen]

@@jonnyc5254 That's a matter of choice I would rather have a Mercedes 2003 SL over a Ford MK1 Focus RS. The bottom line is we all like what we like and thats what makes us so passionate about our choice of cars, and of course our budget.😁

[@jonnyc5254]

@@silkyneilsen I completely understand what you're saying, I had a D2 Audi S8 that I only paid £1400 for and it was the best car I ever had, I was just stating the market really.

[@mikemartin2957]

​@@silkyneilsenboth are German made cars,which means the electrics are going to be troublesome, at least Ford through the years have been choosing Nippon Denso& Hitachi electrics , unlike Merc which has Bosch& Siemens which is less desirable for me being a mechanic. Even troublesome French & Italian car makes are choosing Japanese electrics & brakes!

[@markeaton2003]

The MG Migit was pure fun. like driving a great go cart in traffic.

[@zfunk9]

Was some of the footage reversed? It looked like some of the cars had the steering wheels on the passenger side.

[@IconicBrands123]

Hahahahahaha No ! This topic of left hand drive cars in the U.K. is mentioned in my video recently released about Ford & American cars coincidentally

[@bobspeller2225]

Nice one Matey. Cheers Bob

[@stevey-nwas1230]

Certain Classic cars upto 1995, specially limited edition models are in demand and prices are going up ie ford bmw merc etc etc

[@jiyushugi1085]

Same thing happening in the classic motorcycle market, probably because we're experiencing a generational shift, as the internal combustion generation is being replaced by the digital generation.

[@MrGrentch]

Nice show with lots of variety. 👍🙂 Values can be a moving target. EG that (lovely)Jag XJ you mentioned isn't going to be particularly pricey or more widely sought after. On the other hand the Nissan Skyline R34 I see parked beside it? Well they've gone nuts in values over the last two years and continue to climb. GTR versions are 6 figures and very rare variants hitting 7. That example is a four door, but I'd reckon you'd be hard pressed to get it for less than 30k. In general 90's Japanese(particularly JDM only models) performance type cars have _very_ strong values at the moment. That's currently one of the "hot" periods for the 30-50 age group, driven by basic nostalgia, popular culture, films and video games(the latter a biggie) .

[@jacdavis]

This is very true, the R34 sedan you mention is mine. Would you believe i managed to purchase it back in 2020 just before the prices shot up for a mere £9k !! The car was for sale in Japan at £4.5k and it cost £4k to import it, then a bit more to get it ready for UK roads. £30k would be a life changing amount of money however its really not worth that, not that I'll ever part with it!! £18-20k would be a closer figure, given the rare GTR bodykit, wheels and the Midnight Purple repaint.

[@MrGrentch]

@@jacdavis OK Jac, you spotted my ignorance, which is both obvious and extensive. 😁That said, 20K is a pretty good return on your part. Good call Sir. 👍 Though I hear you on not parting with it. I wouldn't.

[@MummaBear]

Now 40 years is a classic. Thx government 😢

[@donaldtucker4914]

A good SLK can be fun but rust, the cost of genuine parts and the potential for that clever roof to go wrong, mean they'll remain cheap.

[@jamesbott2708]

Sorry. But not sorry. Alot of these owners who think their cars are 'classics' need to give their heads a wobble. It's quite simple. The DVLA gives a vehicle classic status at 40. Anything younger than that is just an old cherished or second car.

[@IconicBrands123]

Some people would agree with you some people don’t, there is no absolute definition of when a car is classified as a classic vehicle other than the road tax being free at 40 years old

[@silkyneilsen]

It wasn't a Classic car show, we intentionally opened it to all non electric vehicles.

[@IconicBrands123]

@@silkyneilsen The definition of a Classic car is subjective, what matters is everyone who attended this event or attends any car show will have their own opinions

[@silkdestroyer]

40 is just an arbitrary figure arrived at to qualify a car for VED free status. Before Lousy Labour got in in '98 it had been 25yrs old.

[@Clones_and_coffee]

I still go by the 'old' system and consider a car over 25-30yrs to be classic. If its still running by this point its certainly cared for and loved by someone which is all that matters. In America I believe any car over 25 is considered a Historic Vehicle and can also be imported to the states if it's not domestic. Porsche consider any car in their line up over 20yrs old to be a classic car.

[@franswessels810]

Prices going down also means look for the car you want, as you can get it at a good price for the future.

[@IconicBrands123]

Great comment you have made there !! Which is the point of this video

[@silkdestroyer]

'Classic car prices have crashed'. 'A TR7 went for £30K'

[@IconicBrands123]

Yes , the debate is about ways to increase value of your car in a market where the prices are generally lower.

[@asensibleyoungman2978]

2:11 SLK at giveaway prices? Yeah because the running costs are still brand new Mercedes rates. I don't think they're classics anyway. Mercs all look the same. They're boring.

[@IconicBrands123]

It’s all in the eye of the beholder and of course nostalgia people who couldn’t afford one new now can

[@GooglePixelGoogle]

I am seeing cars from the 60's and 70's go down in price, but the hotrods of my era are going up in price. I'm a mustang guy, and the foxbody 5.0 LX coupes are gaining in price. My age group 45-55 are getting more and more disposable income as the kids move out of the house. We are starting to look at the cars that were cool when we were teenagers. That would be 5.0 Mustangs, Irocs, ZR1s, GX's from the mid 80's to early 90s. Keeping an eye on future classics is a good idea right now. The HP war that started in 2003 with the Terminator Cobra brought about some cool cars that are becoming more affordable. Shelby GTs, 07-09 GT500s, and 03-04 Cobras are not selling for the crazy prices that they were 2-3 years ago. I think some of that is due to the current crop of factory poney cars are 480+ HP.

[@Darwinion]

I prefer the 60s and 70s bread and butter cars. Something you can fix up on the driveway, needing no specialist tools. That 13 year old Merc will be full of sensors everywhere. How can anyone young coming into the hobby work on anything like that, in the same manner? Many modern cars just aren't going to reach 40 years. Just too expensive to keep going.

[@islandnites]

I manage to keep my classic bricknose on the road despite inching up on 35 years old. Just got the brakes fixed. Yippee - now the pedal doesnt go all the way to the floor half as often as it used to.

[@IconicBrands123]

Nice work!

[@MrAvant123]

I love classic cars and love to watch Bangers and Cash BUT --- people paying huge cash for old Fords could get bitten very badly if they are not careful. But a 13 YO Merc is not my definition of a classic car -- I do get the value proposition though. As Derek does say regularly on Bangers and Cash - when people get old and die that identify with a specific time period of cars the price plummets. At the moment people buying fast Fords of the 80's are my age - early 60's. But in a decade the enthusiasm may have waned..

[@leslierogers1276]

It’s not a classic until it reaches 40 years old, younger than than that are future classics and younger than 15 years old is is a second hand car

[@IconicBrands123]

Fair enough ! many people would agree some wouldn’t agree the term Classic car is ambiguous with no standard definition other than the government road tax rate

[@jamesbott2708]

100% correct. Alot of these cars are just modern tat. Merc slk being a classic. What a load of crap.

[@tonycarman5078]

Over 40 years old is termed “historic” free VED. The term classic is ambiguous..I mainly have “historic” exception being Alfa Brera which is at present a cheap car, some might say a modern classic.

[@silkdestroyer]

40 is just an arbitrary figure arrived at to qualify a car for VED free status. Before Lousy Labour got in in '98 it had been 25yrs old.

[@tommcguire6472]

In the states its 25 years, and you can insure a classic , depending on the state, as a historical vehicle, for as little as 100 dollars a year.

[@LarsonFamilyFarm-LLC]

Any and all 1970-80 cars, trucks and 1940's tractors on the farm are expected to work daily...there's no classic rest for them. They pull their daily weight or get crushed.

[@IconicBrands123]

That’s true and an Interesting concept

[@richardcarter1000]

Depends what you have. Tax free cars are doing well. I have a collection, which I own because I love to drive them. Most have increased in value. I try to avoid cars with a load of ECUs in them. More repairable

[@awalk5177]

I also avoid cars now with electronics as the parts are not continuing. 40 years and older are the ones.

[@richardmarshall4322]

I have had a couple of classics, a 1957 100e Anglia in 1991 and into the club scene and later a 1971 Stag in 2002 again into the club scene. Later in life i got well into the MG Zed scene. Had an MGF, ZR and three ZS 180s, two of which i still own. My 2002 car i have owned from 2006 and was my daily family car. Retired in 2012 and SORN as i couldn't part with it, replaced it with a more modern car. Later recomissioned and put onto the show/ club scene. I would call these and others with the 15 to 25 age group ' enthusiasts cars' as opposed to classics. Moving the free road tax from 25 to 40 years hasn't helped prices. ZS 180 now £415 per year which is a piss take when many only do two or three thousand a year to shows/ Sunday afternoon drives etc. I think there is a Goverment agender to get these 'ungreen' cars to the scrapman.

[@IconicBrands123]

Thanks for sharing your thoughts l agree with you 💯 the 40 years old rule is to high

[@pmtilbury6596]

This type of thing appeals mostly to people aged 50-60+. There are a lot of people who have stopped collecting and given up the hobby due to old age. Most younger people below 40 simply aren’t interested. In my opinion this is a slowly dying industry / topic (classic cars) asides from the very high end ones

[@chrispigott6913]

There are some very rich influential people with large collections old prestige cars so older cars might still survive all new restictions.

[@alancrisp1582]

😔 sadly not in the United Kingdom. By the end of this decade it will be illegal to drive any vehicles over 10 years old on the roads. While the useless politicians and Greta. Thunberg are laughing 😂 their heads off !..

[@foxstrangler]

One can only hope!

[@alancrisp1582]

@@foxstrangler Not a chance, at least not in the United Kingdom. All vehicles older an 20 years old will be banned from the British roads, before the end of this decade !........

[@foxstrangler]

@@alancrisp1582 I wouldn't count on that.

[@alancrisp1582]

@@foxstrangler I myself have stopped buying and adding classic cars to my small collection here in New Zealand. Because even over here. I can see what is coming. But I like an Optimist like you !!....

[@nicksmith4361]

Classic cars are cars that you don’t see everyday. 13 year old Mercs you find in every supermarket car parks.

[@IconicBrands123]

The market has been saturated with older cars

[@stevey-nwas1230]

When and where was this event??

[@IconicBrands123]

Daventry Northamptonshire U.K. recently

[@stevey-nwas1230]

@@IconicBrands123 I live local and I never heard of this event was happening...

[@IconicBrands123]

@@stevey-nwas1230 It’s been pointed out to the organisers about promoting could have been better

[@silkyneilsen]

​@@stevey-nwas1230 Sorry you did not hear about it, We advertised it in and around Daventry since Oct last year, posters on notice boards, in surgeries on Facebook in a number of groups including Daventry Notice board which has 28k members. Open to suggestions on how we can advertise it better.

[@geriatricmotorcars9516]

Nice ones make good money normally rust is the issue on the SLK

[@williamharris4426]

It`s the same with some classic motorbikes.

[@S1000xrhp]

Although I have noticed Honda 750 Four's seem to be rocketing in price. They appear to be the two-wheeled equivalent of fast Fords in terms of price!!

[@travkatz]

Yay. Buyer's market!

[@Jamesthesnail]

Interesting video

[@car7productions731]

10 years ago you couldn't get a decent mga or tr3 for less than 25k. Now they can be found less than 20k. T series MGs same story. Bought a morgan 4/4 (18k) in 2019 because TDs were too pricy. The 4/4 has just about kept its value but you can now get a lovely TD for 15k. Even TCs are sub 20k. Demographics.

[@IconicBrands123]

Great time to buy ! However there are some cars that will be bucking the market trend no matter what happens great post from you thank you

[@sheilah4525]

They’re a luxury in a time of increasing necessity!

[@freespeech3673]

I regret selling my 69 Holden Monaro V8. I got $20k for it 10 years ago then saw it on the internet for $175,000!

[@IconicBrands123]

There are exceptions!!!

[@russcooke5671]

Why don’t you buy it back in ten years time it should be worth about 4.00.000 at that rate. 😂😂❤❤

[@barrycuda3769]

In the late eighties I had a HQ LS Monaro (with a 400 chev and 4 speed , so not original), I sold it in 1988 for $8400 , I knew in more recent times that their value had increased a lot , but I didn't know until a few months ago just how much , they all seem to have asking prices of $150,000 to $200,000 , it's crazy.

[@freespeech3673]

@@barrycuda3769 I know. Scary isn't it.

[@barrycuda3769]

@@freespeech3673 It would be real good if I still owned it , I'd cash it in on something old and American, and have plenty of money left over. Actually, when it comes to Monaros, these days I prefer the older model like you had , I remember in 1981 a workmate bought a '69 Monaro 253 ci and auto for $4,500, it was a lot of money then , but in contrast another workmate paid $9,999 for a 318 1970 Dodge Challenger, huge money. 🙂

[@speelat]

MGB GT not designed by the British its a Pininfarina design

[@IconicBrands123]

Pininfarina worked for BMC cars at the time Italian style on a British built model We should have conquered the world !! Thanks for pointing this out

[@johnrideout7124]

I find it hard to believe that the older classics with no computers in them are going down in value as the majority of them can be serviced by their owners. Lately Utube has been telling of mechanics leaving the motor trade mainly because of the complexity, cost of tools, and now dangers associated with cars using electric motors. Tha same seems to be America, where some of the oldies fetch enormous amounts of $s, whatever condition they're in.! As an old motor enthusiast, if I had my time again, I too would only be interested in pre-computer cars. Many of which look quite modern anyway.!

[@gertvanderhorst2890]

Younger people have no feelings for them, just old metal. I was born in 65, it's easy to grasp why older cars mean nothing to people, untill they get to drive them. Preferably open ones on a sunny day with a nice landscape.

[@retrobiker670]

in what world is a slk mercedes or an mgf (or any other car from the 2000s') a classic? People should stop calling cars classic just because they reach the age of 25 years . they are just older cars with airbags and not to be compared with for example a carburetted 60's or 70's car that was not designed by computers.

[@IconicBrands123]

The mgf in the video was a 90s car nearly 30 years old the word classic car is subjective take my 16 years old Porsche registered as a classic vehicle with Porsche

[@JimmyMakingitwork]

No worries, it always comes back around eventually. Hopefully we live long enough.

[@911shamrage]

Great upload, pleased to see a well attended show... only the title is somewhat harsh (somewhat misleading). At the moment DVLA is doing a survey on what constitutes a classic or 'historical relevant' car, only very little is published in the main/public media!!! Biggest problem lies NOT in the (classic) car industry (the overall Historic Vehicle Industry is generating 15% (!!!!) of GDP to the UK), but more due to a next generation that is 'lazy & short sighted & disinterested' in anything (industrial) heritage. Ask any youth in the UK, on any street, what they want out of life: retired millionaire at the age of 30! Dystopic as my petrol hobby might become, my remaining 15 years, I will remain making my surrounding roads unsafe in my originals '34 MG PB, '82 Por 930, Velocette MSS & Venoms... all exempt and very hard worked for... and sometimes a nuisance and sometimes much faster than all modern 'ugly' milk floats in todays traffic...

[@IconicBrands123]

Thanks for sharing your thoughts, and enjoy your time with your Labour’s of Love Classic cars will they increase in value or not ? is probably not a problem with lots of enthusiasts however the market has changed recently generally lower some more than others . Be interesting to see what our dvla comes up with.

[@jackdobson1992]

I wish the prices of the Sierra RS500 Cosworths would come down. Not a chance.

[@IconicBrands123]

They ARE an amazing car and an exception to the rule at this moment in time

[@rosewood1]

I think the decline in values will closely align with interest, real investment potential and restoration cost. Many costly cars eg Rolls are too expensive for amateur restorations and way too expensive to pay professionals. Anything from a Shadow on will lose value massively. An MG is a cheap simple very pretty convertible. It will always have value. An Aston after DB6 will devalue massively IMO because of the terrible alloy steel construction. Modern exotics generally will crash in value because the labour costs and the scarcity of mechanics and parts make long term ownership non-viable. The one significant positive is people love classic cars and interest in anything pre 1985 will continue because these cars generally are fixable and they are reflected in popular culture. The 1950s was the beginning not only of rock and roll but really flamboyant affordable design. The 1960s 70s and 80s are equally popular era. And the level of interest world wide in car shows has not diminished.

[@frankwaugh1894]

That is why you get what YOU like...not what you think others will be impressed by.

[@gixxer750r3]

People buy these and then realize what it costs to repair even the simplest things. Here in the USA, shops charge $200 to $300 per hour for labor. And then many parts are unobtanium. After owning over 50 classic cars I now only buy new cars with warranties. Unfortunately few fun cars are available. Seems everything is either an SUV or not available with a manual. Sigh…

[@IconicBrands123]

It’s the same over here in U.K. unless it’s a mainstream classic like an mg or triumphs they are well catered for

[@barrybarry6592]

As others have pointed out the vintage car market is heading the same way as model engineering clubs, the scrapheap of society

[@IconicBrands123]

Sadly all to true engineering has always been considered a second class hobby and pastime in the U.K.

[@williammackenzie6115]

I saw an Alpha Romeo GTV T spark coupe for sale on autotrader £415 road tax,my eyes started to water.

[@IconicBrands123]

My 2006 Porsche 987 Boxster is £710 road tax per year , I like the car so I have to pay

[@asphalthedgehog6580]

For a simple Diesel you easily pay £1600 a year in the Netherlands.

[@Clones_and_coffee]

@@IconicBrands123 That's insane, I thought my MX-5 was bad enough. The Tax on these older small sports cars is ridiculous.

[@IconicBrands123]

@@Clones_and_coffee unfortunately it is insane if my car was 6 months younger it would’ve cost half that amount

[@awalk5177]

This is not different to the past. Cars that people cherished at 15 years are cheap, always have been, but they are NOT Classic cars. When cars have been looked after, sometimes restored and are 40 years old, the values are higher. A 13 year old car is not a classic, it is just old by modern standards. Look at the price of old Aston Martins, and think the market has crashed ? I dont think so. I traded in a Jaguar XJ6 X300 ten years ago and now those prices are soaring in comparison to then. Rare cars are high price. The market fluctuates but has not changed. There are bargains if you can do the work when you have found one.

[@IconicBrands123]

You’re right about certain types of cars are more valuable than others bucking the general trend of lower prices across the board. It’s all subjective and as long as you’re happy with your choices that’s what matters

[@thedean4431]

i would say a 25% DECLINE

[@ashleygordon3467]

MGTF’s and SLK’s are used cars, not classics. They are still in the depreciation cycle. A friend of mine had a TR7 new - it was the most dreadful ownership of her life😂

[@IconicBrands123]

Mgf now is over 30 years old it’s the fact that they kept producing these cars for many years after that they are still regarded as not classic . Its amazing that the cars that were quite frankly rubbish in their day are now collectible Please see my other video on modern ford classics and thanks for your input

[@drstrangelove4998]

Well the Classic Car Market will go down if you keep on about it. Like any market it goes up and down.

[@davidgentz1731]

I had an MGB that was the crummiest car in the world until I put a Mustang V8 and redid All the wiring now I have a real car and by the way Trophy winner

[@acampbell8614]

I hope you put bigger brakes on it!

[@NorceCodine]

Unfortunately manufacturers are discontinuing service for their petrol cars, that's how they take them off the road and clear the market for their EV lineup. Jaguar, Mercedes, BMW no longer fix their petrol models in America, so with any serious problem, that car is off the road.

[@chuckmaddison2924]

Could be worse. Try put them on the road in Singapore.

[@Steve-le3jq]

SLK and especially MGF are not classic cars ! you can,t base the current state of the classic car market on those cars........sorry , Lots of classics are climbing even in the terrible state the World is in ie ( Wars and Cost of living ) if theyre climbing in these bad times thats good for values

[@colinwhite5355]

“The classic car market has crashed”. Perhaps a little extreme? Like any market, there are fluctuations due to fashion/supply and demand. Would I want to be sat on a car with limited appeal and an aging clientele? Of course not, however, there are plenty of cars, out there, doing the exact opposite. And not just the blue oval stuff.

[@IconicBrands123]

There are exceptions of course even in the stock market crash there were survivors generally car prices have dropped across the board, including my own ! 🙁

[@guy4469]

My 1999 E38 has dropped it will rise again its about £2800 now .But my Mk2 2.8 granada ghia is rising .i paid £4000 its about £8000 now .

[@jimbutler9076]

I have 9 cars most old can not wait . There will be a 1969 barracuda with my name on it the bottom is almost here.

[@dominicwood3750]

Quality still makes the money.

[@jontheodore8450]

They haven't crashed they have just back too normal, pre covid prices with the low mileage, good condition cars still holding values but the high mile edgy cars needing work falling back, just back to a normal market prices..

[@RobbiRocks]

I don't see any decline at all, In recent months car shows have only had more attendance, Both in cars &supporters

[@IconicBrands123]

Shows are booming !

[@BrunoHeggli-zp3nl]

So I can get a nice 1965 Ford Mustang soon for cheap?Nice!

[@IconicBrands123]

Fords are bucking the trend good luck !! Ford being Subject of my latest video thanks for your input

[@nzcarzoo]

Give away prices.. until the first repair SLK avoid at all cost

[@paulbuckley339]

It’s a culture shock when you drive an old r/s turbo , they look good but aren’t the best .

[@roasthunter]

I think classic cars are doomed long term, the direction is electric and old scrap ICE cars won't be permitted.

[@mortenh.o.703]

There are too many for the current demand...

[@russthebiker]

13 years old is a new car not a classic, and maintenance on those cars needs to be kept up

[@PeterCox-k1w]

Unless it's a very rare. machine they all fall in price. The problem lies in the high labour costs. I owned some but now won't touch it.

[@hhuodod2209]

I want a car from my youth. I can get a 20 year old ford fiesta ST for not a lot xx

[@limyrob1383]

I think we are going though a generational change. The generation that got a bike at 16 and car at 17 and fixed it themselves are dyng out. The younger generation coming though now don't have core mechanical skills and they are used to cars that are easy to drive. Like it or not a lot of classics are pretty awful to drive. Its very interesting to see which cars are breaking the generation barrier and which are not and I think its a very suprising picture. Jaguars - E-Types and XKx are not. 30 years ago I drove and XK and went to a lot of rallies, now there are far more XKs at rallies than back then and no one looks at them. They look at 50's American pick ups with patina, VW campers and Citroen H vans. Cars that many thought would hold up like the MB R107 SL now look like an old man's car. I drove 1980 380 SL for some years and it was greatly admired by men in their 60s, never anyone under 50. I now drive a 1970 Land Rover, and very surprisingly (even to me) Series Land Rovers have broken the generation barrier, young people and families come and look at and talk about it. We were at a rally recently beside a Ferrari, convertible Bentley, E-Type and and base model Chevette with faded paint and its original stickers. We got the 2nd most attention, well behind the Chevette which had a steady stream of admirers all day, There must have been 20 XKs, 30 E-Types, dozens of Bentleys but there was one Chevette and people identified with it. The sight of people leaning on the £120,000 Bentley to get a better look at the Chevette was a joy.

[@TwoDollarGararge]

13 to 20 years old is just an old car people start to care after there 20+ and what was once street taffic is gone

[@juanmillaruelo7647]

Bad for investors, great for enthusiasts!

[@tommcguire6472]

Its the same here in the states. Every guy, thatnks to these auction and car flipping shows, thinks he has a diamond, but its a 69 chevelle, rusted to the door handles, with a tree growing through the engine compartment, amd he tells me " not 1 penny less than 10k, i KNOW what ive got" and then wonders why guys are laughing in his face

[@North49191]

same in Canada but worse.

[@georgespangler1517]

Depends on type,, there's money classic cars and non money makers

[@neilsessions9744]

Each to their own ,but i dont see a 13 year old a classic,my 69 Camaro turns heads every time i even take the cover off ,mgf's are just an old car thats why they are cheap

[@MrCreamlover]

TR7 has to be a tin top

[@IconicBrands123]

I prefer the soft top

[@Tk-ou9ec]

I’ve noticed the old,classic car market here in Australia is dropping also! I mean really,over 250k for an old clunker Falcon. It’s fkng laughable 😂

[@HarveyJohnWillmott]

I bet people loved being filmed whilst eating their lunch 🤦‍♂️

[@IconicBrands123]

Permission was granted first lol 😂

[@billmago7991]

old mercs never hold their value, because everyone wants a new one ....in Australia that slk is worth no more than $5000 au....classic car/ motorcycle prices go through cycles..... it depends on the demographics...cars / bikes from the 50s 60s have topped out... now aussie made Holdens and Fords from the Very late 60s 70s are commanding high prices

[@IconicBrands123]

At the end of the day it’s what people have nostalgic memories about that really drives the market Done a video on modern Ford classics recently on this topic Thanks for sharing your thoughts

[@badbeatbilly8997]

Baby boomers are dying off slowly and younger generations dont care about old cars. Im noticing more and more up for sale and prices going down

[@donguess4332]

NOT TRUE. Baby Boomers like myself have kids and grandkids that are very much into classic muscle cars and so are their friends. Especially cars of the 60's. My GenZ son has a 1969 Charger and he wouldn't part with it for anything. He has many friends his age that love the hobby as well. Classic cars aren't going away

[@paulroberts5306]

slk at givaway prices ...thata because the build quaity is dreadful

[@IconicBrands123]

Good car imo the interior quality let’s it down

[@markthorne5025]

13 years old is not a Classic!

[@IconicBrands123]

My 06 Porsche is classed as a classic by Porsche themselves it’s all subjective

[@markthorne5025]

@@IconicBrands123 But they carry the name ! So always going to be interest.

[@jaywalker1233]

Yup, it all starts with a small boy on a push scooter next to an old car. That’s when they get infected 🤣

[@stephenburnage7687]

A car can only become a rare classic when most of the models have rusted out and only a few remain. That excludes anything less than 25 years old.

[@gertvanderhorst2890]

Exactly, bring a nice Allegro to an event like this, people will totally crowd you.

[@123rtheo]

Click bait