In the time it took me to type the following it seems the thread has been updated somewhat... but thought to post it just the same.
I am not so sure that the "investment" potential which has been associated with old cars will continue much longer I can well remember a time when That which we might term as a Classic, were once thought of as no more than "bangers" by the general populace in the 50`s and 60`s..? I suspect it was not until the term disposable income became attributable to the man in the street, and brought with it the birth of the Classic Press, creating a time when almost every old car seemed to be thought of as having Classic potential and thus perhaps accrued a degree of appreciation in terms of investment potential...?
When I look at images of club gatherings of many Classic marques, it seems rather obvious that most participants seem to be of the baby boomer generation, thus it seems the "kids" may have little interest in the Classic choices of their parents or grandparents, and in that regard I suspect that as nature takes it`s course and we baby boomers loose our grip on the perch, those interested in that which we might determine as Classics may shift to machinery the younger generation more easily identify as icons of their yoof such as Mitsubishi EVO`s etc.etc.etc. ?
There seemed to be tax avoidance advantages associated with passing on wealth to the kids in the form of Classics, however I suspect there may be some officials somewhare looking at many aspects of increasing taxation as part of a Covid recovery option, and which may in time attempt to close any such ...err...loopholes in the systems..?
Then there are the possible climate change effects on the market value of Classics, with the possible if not probable restrictions of usage of old machinery relative to the amount of pollution they produce compared to whatever might be considered as an acceptable form of transportation device in time...?
I console myself in that even IF in my lifetime, usage of any or all ICE machines may be denied, my Morgan is considered by me as a work of art and has provided longer term pleasures as such, than the miles and hours I have been fortunate to have accumulated when driving it, now having arrived at the situation where I feel My Morgan owes me nothing, and as such seemed to have worked out rather well as an investment over the twenty years or so I have owned it.
I hope your all of your Classic choices work out as well if not better than mine..
