Quote:
Originally Posted by Othen
Perhaps the market for 30 year old motor cars isn’t as hot as we thought. Having failed to find a buyer at £3,000 this one made only £1,147 at auction.
Alan
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I'm wondering whether 30ish year old motor cars might be between a rock and a hard place in the current circumstances? They aren't modern enough to take advantage of mechanical and electronic improvements manifesting as better fuel economy, performance, safety and longevity (rust protection) - but not old enough to benefit from being exempt from tax and MoT testing. As a result they are just heavy, old motor cars that use a lot of fuel and attract a lot of tax.
This motor car didn't seem to be very bad value at £3,000, but the market has spoken and it is worth less than half that much.
Alan