From Luddites post earlier:
"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..?"
Something I hadn't given much consideration to, however it may well be worth investigating until that loophole is closed? If for no other reason than it will give me an excuse to garner a few more toys.
As far as the ICE v Electric debate is concerned, all I can say is that my new electric MG5, whilst very very bland to look at, is an absolutely stupendous vehicle for all the running around journeys I do. Quiet, easy to drive, cheap (ish) to fuel, comfortable, and it appears to be well made, but time will tell on that. Once price, range and charging time have been sorted out, there is no doubt they will be the vehicle of choice irrespective of government legislation in 2030, they are getting that good.
The under 45's now just want a means of transport, not a whole hobby as we do. I guess my son is typical - at 46 he has grown up with a true petrol head dad, but he just isn't interested in cars, except to get around in, He has a Skoda Fabia estate as the family car and a VW camper van to go surfing and cycling in. They are always filthy, as he says he has better things to do than spend a Sunday morning cleaning and polishing. Frankly it is hard to argue. I think he is typical of his generation too.
This whole thing will undoubtedly have implications for the likes of Morgan, Caterham and Lotus in the future, unless they can come up with something a whole lot different.
As for what to leave my son, sadly he will only get the Morgan, which I suspect he will move on pdq. However, as Rich has said, it's still all about bricks and mortar (and land), so that will be what will keep him and his family comfortable for a few years when I'm gone.
