Hagerty’s market data shows that nearly half (46 per cent) of all the models covered in its UK Price Guide have dropped in value since December 2023, and 46.3 per cent remained static. However, as in many cases, prices were moving back to sustainable levels after the 2021–2023 post-Covid boom. Hagerty reckons the market remains generally healthy, with value drops not too dramatic overall, and events, restoration and sales companies reporting strong demand.

1960s cars – particularly British brands – have fallen most, with Hagerty’s Best of British index now sitting at 98 per cent of its value recorded when it was first created in February 2018. There were drops for all decades 1930s-on in 2024, save for the 1970s MGBs, which stayed flat, and the 2000s, which was the only one to increase.

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If you are considering an MGB purchase and would like peace of mind, take a look at some of the most recent reviews for Croydon Classics Reviews which have been given by our customers.

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The Meta Trak app allows you to track and remotely immobilise your vehicle from any device, anywhere, any time. You’ll have easy visibility of your vehicle’s movements and status and, should anything out of the ordinary happen, you’ll be instantly alerted. You can even update your contract details from the app.

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Judged on the results of sales, car enthusiasts and investors alike have put their foot down and given the classic car market an appreciable boost. Prices of MGBs, particularly the GT model are still rising, so get in there quickly as the’re still an good investment opportunity.

The post Classic Car Market Close of 2021 appeared first on Croydon Classics.

Croydon Classics has been watching closely what the effects of COVID-19 is having on the Classic Car Market.

With most of the world in lockdown the classic car world has seen little slowdown, and we have seen a dramatic increase in our overall website users and leads sent from our online advertising. We are currently working with a number of flatforms to sell our stock during the current travel restrictions.

The collector car community is still very much focused on moving forward, with classic car enthusiasts looking for their next car. Classic car buyers are spending more time browsing the classifieds on our website and related links.

Please take the time to have a look at our website, and let me know if you would like any further details.

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The overseas market is still at an optimum, and hundreds of our classics are still leaving the UK, which is atributing to such prices.

The post Classic Car Market Conditions – 2020 appeared first on Croydon Classics.

Following the Brexit result in June 2016, and subsequent weakening of sterling against the Euro, export conditions have improved.

The resultant effect is that there is an increased demand for British Classic Cars. Finding quality examples of MGs is becoming more difficult, and therefore prices are continuing to rise.

Prices are still rising – your money is safe!

The post Classic Car Market Conditions – 2016 Round-up appeared first on Croydon Classics.