What a well thought out superbly filmed video, with plenty of first hand knowledge thrown in! Thank you for doing this , im sure it will pay dividends. PS good luck with your new premises 👍
Fabulous setting and Castle Howard the perfect back drop for a Mk 2 Jaguar. Lovely part of the country in Yorkshire and looking forward to visiting later this month.
I'm glad you enjoyed the video and location. Yes, Castle Howard and the surrounding areas are a joy. We have some lovely scenic roads here. I hope you enjoy this part of the world when you next visit. Late June is especially nice here.
I only ever buy what I like and that I believe will give me pleasure. Investment potential is a very distant second. On a wet and miserable winters day simply lifting the cover in the garage and seeing the car is enough to put a smile on my face.
Great to find your channel, whilst looking to invest in a classic car. Very good video. High quality production with thoughtful and well presented information. S
I bought what was a 1964 2.5 V8 Daimler, but the previous owner had installed the 3.8 XK engine into it along with the gearbox from a XJ6 with overdrive. I realised that it was never going to be an original, so I went about turning it back into a MK2 . All the bits and pieces, the grill, the rear number plate moulding and the disc brake badge on the rear bumper etc.etc. Had the brakes upgraded, power steering, air conditioning, new shocks and coil springs up front. New headlining and the list goes on. I know that I probably paid too much for it initially and have spent in excess of 50K Australian dollars on improvements, BUT, I don't care. I absolutely love driving it, and after all, who wants to be the richest bloke in the cemetery??
That must have been a lot of work. Seats and transmission tunnel are different on the Daimler due to the shorter V8 engine allowing a sort of split bench seat in front. Sounds like you love the car. Enjoy!
yes great Britain in a right mess i think the social media is to blame for a lot of it people dont get out and do things anymore shame but the cars do well well done sir brilliant company
Great video. Very interesting. Thank you. I agree in terms of where to invest. I've a small collection of mainly British classics, including an E type I've had 24 years and a Ferrari 15. I bought them to enjoy. They've been looked after and properly maintained. Including all the maintenance, they've appreciated enough to show a profit today. Surely, the most fun investment and I've met many great friends through the classic car scene along the way. In terms of what happens next. Any 'off the book" assets should do well. We are likely to see wealth taxes soon under a Labour government and higher CGT. Old cars in my view are more fun than a bag of gold sovereigns, while Rolex prices have already gone mad. Must pay you guys a visit in the summer. Think I was last there in the mid 1990s!
I know it’s an odd ball, but here in NZ I’ve got a 71 Ro80. I know it’s an oddball and I’ve always assumed it’s worth is based in what the buyer reckons…but I recently saw a tidy but non standard one (engine had Mazda housings etc) get listed for $35,000 and sold in a matter of hours. You think this was a fluke, or are the really becoming collectable ?
They are becoming very rare and quite collectible. The RO80 was so advanced with it's gear lever operated electric clutch and rotary engine. I've had just one Wankel-engined car in the last 20 years. So ahead of its time. Great comment!
I wish I had kept my 1969 Daimler 250 V8 manual gearbox = great car, I wound if it is still around NSR 487G, if you know please let me know. all the best Bob
Quite rare with a manual box. A Scottish car I think. First registered 1st May 1969. Still on the DVLA computer and untaxed since 28th October1988. Probably a restoration project somewhere!
Good video. There's one impending problem however that you haven't mentioned and that's ULEZ. This August, any modern classic will be unusable in Greater London and when this programme is rolled out in towns and cities around the country, the same will apply there. Huge numbers of these cars will be destroyed as their value will turn to almost zero. Why does this matter ? Because the classic car market is heavily influenced by personal nostalgia - it's the reason why hot Fords are commanding eye watering premiums... the buyers aspired to them as kids and now have [a lot of] money to own one. But if legislation prevents these cars from being be driven, what then ?
Thanks for your comment. For the moment the modern classics under 40 years old will be more costly to use in some cities. However, few people use them as everyday transport. The industry is worth billons to the UK economy and there are powerful lobbies pushing for their continued use. We remain very positive for the industry's future.
@@sinistercharger When cars reach classic status, that's correct. But before they do, all but a very small percentage sink in value and are used as cheap runabouts - Sapphire Cosworths could be had for £2,500-£3,500 not that long ago and Mk2 Escorts and Capris were pocket money. ULEZ will cause these to be eliminated altogether significantly reducing the classic car population. It's very sad.
Advice please. I notice you have a 1955 Jaguar XK140 SE for sale. I've always loved the idea of owning one of these beauties and would apreciate you thoughts on type/year as well as what modifications would be necessary to make it a true touring car for those slothful circuitous meanderings across Europe. You know, like one doesn't have a care in the world. Of course it would have to be a DHC
For a while in the '90s we owned KFR 712, the 1955 XK140 Coupe which competed in the 1958 Monte Carlo Rally. I drove the car to the 50th anniversary Jaguar XK event in 1998 It was one of my longer drives in an XK. and because it was such a high speed car when new it has no problem keeping up with the high speeds on motorways and dual carriageways today. The roadster you saw on our website is a gem and as you see it has already proved itself as a long distance tourer with trips to Jersey, Scotland, France, Germany and Ireland. For the sort of touring you describe the overdrive gearbox or one with a 5 speed gearbox conversion is a must. The purists prefer the former but they both make for relaxed long distance touring. Provided the Jaguar XK is well maintained, with good cooling and braking systems it is well up to what you have in mind. Drop us an email if you'd like to know when the next DHC comes in. We've had a couple recently and they both sold quickly. I liked this one: classicandsportscar.ltd.uk/jaguar-xk140-dhc/classic-cars-sold/53139
I'm more interested in what the long term outlook is for classic cars. With petrol cars on the decline the availability of petrol will also decline. The younger generation are not interested in old petrol cars. The cars that people want shift as the population ages. I don't see a future for them long term.
The price rises for classic cars have been fuelled mainly by a desire to escape capital gains tax levied on multiple properties. Supported by enthusiasm and elitism. The ownership pool of these vehicles is gradually decreasing every year as they become more expensive and harder to find. You can look at the art market for a comparison but also old electric guitars, some of which will sell now for over a million dollars US.
The lack of Capital Gains tax has been a factor but I can think of the many customers over the years who are very nostalgic about times gone by or just wanted to have the car they couldn't afford when young. There are many reasons people get involved in classic cars. We just bought an Alvis which had been in the same family for 50 years. A nephew inherited his maiden aunt's Alvis on her death. He restored it and kept it for 20 years. Memories of the fine car his aunty had when he was a child.
Nearly 2 years since you did this video - it’s time for an update! Great honest chat!
You are such an eloquent, charming, informative presenter. Your honest and engaging commentary is in itself … classic.please keep it up.
What a well thought out superbly filmed video, with plenty of first hand knowledge thrown in!
Thank you for doing this , im sure it will pay dividends. PS good luck with your new premises 👍
Thank you! Your comment is much appreciated
Fabulous setting and Castle Howard the perfect back drop for a Mk 2 Jaguar. Lovely part of the country in Yorkshire and looking forward to visiting later this month.
I'm glad you enjoyed the video and location. Yes, Castle Howard and the surrounding areas are a joy. We have some lovely scenic roads here. I hope you enjoy this part of the world when you next visit. Late June is especially nice here.
I only ever buy what I like and that I believe will give me pleasure. Investment potential is a very distant second.
On a wet and miserable winters day simply lifting the cover in the garage and seeing the car is enough to put a smile on my face.
Well said! John Keats would agree, too :-)
Great to find your channel, whilst looking to invest in a classic car. Very good video. High quality production with thoughtful and well presented information.
S
Thank you for this kind comment. I'm glad you found it useful. Welcome
Thank you for that, made my day. AJ
That's the best logical and knowledgeable review of the classic car market, (wish
Glad you liked it!
I bought what was a 1964 2.5 V8 Daimler, but the previous owner had installed the 3.8 XK engine into it along with the gearbox from a XJ6 with overdrive. I realised that it was never going to be an original, so I went about turning it back into a MK2 . All the bits and pieces, the grill, the rear number plate moulding and the disc brake badge on the rear bumper etc.etc. Had the brakes upgraded, power steering, air conditioning, new shocks and coil springs up front. New headlining and the list goes on. I know that I probably paid too much for it initially and have spent in excess of 50K Australian dollars on improvements, BUT, I don't care. I absolutely love driving it, and after all, who wants to be the richest bloke in the cemetery??
That must have been a lot of work. Seats and transmission tunnel are different on the Daimler due to the shorter V8 engine allowing a sort of split bench seat in front. Sounds like you love the car. Enjoy!
yes great Britain in a right mess i think the social media is to blame for a lot of it people dont get out and do things anymore shame but the cars do well well done sir brilliant company
Thanks for watching and commenting!
So is a sale pitch for your business
Great video. Very interesting. Thank you. I agree in terms of where to invest. I've a small collection of mainly British classics, including an E type I've had 24 years and a Ferrari 15. I bought them to enjoy. They've been looked after and properly maintained. Including all the maintenance, they've appreciated enough to show a profit today. Surely, the most fun investment and I've met many great friends through the classic car scene along the way.
In terms of what happens next. Any 'off the book" assets should do well. We are likely to see wealth taxes soon under a Labour government and higher CGT. Old cars in my view are more fun than a bag of gold sovereigns, while Rolex prices have already gone mad.
Must pay you guys a visit in the summer. Think I was last there in the mid 1990s!
Thanks so much. The friends we make are a big part of what makes these cars such a pleasure to have.
It will be important to have real world assets 🏆 and not only digital assets in the financial world
Never try to time a market its the time your in the market which counts IMO
Good point.
I would get out of this market while there are still buyers. In few years the boomer generation will flood the marker.
I know it’s an odd ball, but here in NZ I’ve got a 71 Ro80. I know it’s an oddball and I’ve always assumed it’s worth is based in what the buyer reckons…but I recently saw a tidy but non standard one (engine had Mazda housings etc) get listed for $35,000 and sold in a matter of hours. You think this was a fluke, or are the really becoming collectable ?
They are becoming very rare and quite collectible. The RO80 was so advanced with it's gear lever operated electric clutch and rotary engine. I've had just one Wankel-engined car in the last 20 years. So ahead of its time. Great comment!
Couldnt agree more.
Thank you for watching and commenting.
I wish I had kept my 1969 Daimler 250 V8 manual gearbox = great car, I wound if it is still around NSR 487G, if you know please let me know. all the best Bob
Quite rare with a manual box. A Scottish car I think. First registered 1st May 1969. Still on the DVLA computer and untaxed since 28th October1988. Probably a restoration project somewhere!
Good video. There's one impending problem however that you haven't mentioned and that's ULEZ. This August, any modern classic will be unusable in Greater London and when this programme is rolled out in towns and cities around the country, the same will apply there. Huge numbers of these cars will be destroyed as their value will turn to almost zero. Why does this matter ? Because the classic car market is heavily influenced by personal nostalgia - it's the reason why hot Fords are commanding eye watering premiums... the buyers aspired to them as kids and now have [a lot of] money to own one. But if legislation prevents these cars from being be driven, what then ?
Thanks for your comment. For the moment the modern classics under 40 years old will be more costly to use in some cities. However, few people use them as everyday transport. The industry is worth billons to the UK economy and there are powerful lobbies pushing for their continued use. We remain very positive for the industry's future.
I dont think they will be scrapped. The ulez is £15.It wont stop people taking their classics out a few times a month
@@sinistercharger When cars reach classic status, that's correct. But before they do, all but a very small percentage sink in value and are used as cheap runabouts - Sapphire Cosworths could be had for £2,500-£3,500 not that long ago and Mk2 Escorts and Capris were pocket money. ULEZ will cause these to be eliminated altogether significantly reducing the classic car population. It's very sad.
He eventually gets to the point around 12 minutes in - if you stayed awake….
Thankfully many did!
Advice please.
I notice you have a 1955 Jaguar XK140 SE for sale.
I've always loved the idea of owning one of these beauties and would apreciate you thoughts on type/year as well as what modifications would be necessary to make it a true touring car for those slothful circuitous meanderings across Europe. You know, like one doesn't have a care in the world.
Of course it would have to be a DHC
For a while in the '90s we owned KFR 712, the 1955 XK140 Coupe which competed in the 1958 Monte Carlo Rally. I drove the car to the 50th anniversary Jaguar XK event in 1998
It was one of my longer drives in an XK. and because it was such a high speed car when new it has no problem keeping up with the high speeds on motorways and dual carriageways today. The roadster you saw on our website is a gem and as you see it has already proved itself as a long distance tourer with trips to Jersey, Scotland, France, Germany and Ireland. For the sort of touring you describe the overdrive gearbox or one with a 5 speed gearbox conversion is a must. The purists prefer the former but they both make for relaxed long distance touring. Provided the Jaguar XK is well maintained, with good cooling and braking systems it is well up to what you have in mind. Drop us an email if you'd like to know when the next DHC comes in. We've had a couple recently and they both sold quickly. I liked this one: classicandsportscar.ltd.uk/jaguar-xk140-dhc/classic-cars-sold/53139
@@Classicandsportscar1 Thank you for your kind response.
I shall contact when ready to ove forward
Sláinte Mhòr
I'm more interested in what the long term outlook is for classic cars. With petrol cars on the decline the availability of petrol will also decline. The younger generation are not interested in old petrol cars. The cars that people want shift as the population ages. I don't see a future for them long term.
Our experience is that every generation has interest in what their parents drove or what they aspired to when younger.
You don’t see enough duffle coats 😊
I got it in a sale!
@@Classicandsportscar1 wise purchase
As seen on "The Cruel Sea"
The price rises for classic cars have been fuelled mainly by a desire to escape capital gains tax levied on multiple properties. Supported by enthusiasm and elitism. The ownership pool of these vehicles is gradually decreasing every year as they become more expensive and harder to find. You can look at the art market for a comparison but also old electric guitars, some of which will sell now for over a million dollars US.
The lack of Capital Gains tax has been a factor but I can think of the many customers over the years who are very nostalgic about times gone by or just wanted to have the car they couldn't afford when young. There are many reasons people get involved in classic cars. We just bought an Alvis which had been in the same family for 50 years. A nephew inherited his maiden aunt's Alvis on her death. He restored it and kept it for 20 years. Memories of the fine car his aunty had when he was a child.
All true, however the core market are dying at increasing rates. One day there will be a reckoning, infinite growth in value is a fools game !
My house is worth 300 times what it cost new. It was built in 1931 😂