Classic Trader’s new guide tracks individual cars’ values

  • Interactive guide shows value trends of cars identified by chassis number
  • The essential tool for the smart investor and classic car enthusiast goes live today
  • A De Tomaso Mangusta sold in 2010 has grown in value by 500%
  • Humble Fiat 850 Spider’s price has tripled in six years

 

Classic Trader has just added a very useful function to its website, www.classic-trader.com: international visitors and users of Germany’s largest marketplace for classic vehicles now have access to Classic Trader’s brand-new interactive guide, revealing the financial performance of the top 100 individual classic cars which have recorded the biggest shifts in value over the last six years.

This has been achieved by tracking cars sold in that period of time, identified by their chassis number.

The interactive guide puts the exotic De Tomaso Mangusta in first place, with a growth of over 500% since 2010. Three British icons (Rolls Royce Phantom II, + 499%, Aston Martin DB2/4, + 469% and DB4 Vantage Volante, + 330%), two German classics (BMW M1, 449% and Mercedes 190SL Roadster, + 412%) and three Ferraris (512 BB, + 392%, 500 Superfast, + 354% and 212 Inter Europa by Vignale, + 330%) complete the top ten with French Talbot-Lago T26 GS (+ 327%).

Whilst the report highlights a somewhat predictable rise among the most sought-after models, more humble cars such as the Fiat 850 Spider and Lancia Integrale Evo 1 are proving to be equally desirable as they have doubled or even tripled in value since 2010.**

Classic Trader MD Timo Joost explains: “Our decision to add this valuable reference tool to the website was inspired by a wish to cater for what many call ‘passion investing’; it is for anybody who enjoys classic vehicles and wishes to gain an insight of the classic car market, specific popular marques and interesting trending phenomena within market movements, with a view to investment. Like many other alternative investments, the classic car market is short of affordable, reliable, accurate information and/or analysis.”

Whilst monitoring classic vehicle trends by recording auction prices achieved over a period of time is a fool-proof way to keep one’s finger on the market pulse, Classic Trader has gone a step further and has identified specific cars which have been sold within a certain timeframe, and calculated their increase (or decrease!) in value.

This method ensures that only like-for-like scenarios are compared, giving much higher confidence in the figures, instead of potentially basing assumptions on model value spikes that may be due to a particular car’s racing history or some other factor.

Crucially, the guide does not only track top marques: growth (or loss) shown is the result of public auction prices achieved by specific vehicles irrespective of the badge.

The analysis also shows average prices achieved by popular models such as the Mini, Ford Escort and Ford Capri; interestingly, although the Mini and the Capri show an increase of 32% and 24% respectively, the Escort reports a loss of 32%. Calculating averages, in fact, does not take into account other factors; for example, the rise in value of the Escort Mexico and the resulting flooding of the market with less prestigious Escort versions may have brought the average value down.

At the other end of the scale, the average* value of a Ferrari California Spider LWB has risen from € 2,058,500 in 2010 to € 6,638,170 in 2015.

Other illustrious examples (also expressed in average* value terms) are:

Ferrari 250 SWB: €3,706,108 in 2010 to €10,776,595 in 2015;

Ferrari 250 Tour de France: €2,115,600 in 2010 to €9,143,681 in 2015;

Ferrari 250 S1 Pininfarina Cabriolet: €1,396,409 in 2010 to €5,229,624 in 2015;

Porsche Carrera 2.7 RS: €186,440 in 2010 to €733,187 in 2015.

Classic Trader is in its 3rd operating year; its website boasts over 3 million monthly page views from 27 countries and the vehicles being traded on the platform reach more than 400,000 potential buyers a month. Against a truly international landscape, the site caters for enthusiasts of all classic motorised vehicles, from cars to motorcycles and even tractors, with useful information about running costs and transport options. 

*This is calculated as an average across the few models which have been sold in 2010 and 2015 because research shows that no identical model (identified by chassis number) has been sold twice in the relevant period of time.

 

**Data supplied by Cliff Goodall, marketing analyst and consultant to blue-chip companies in Italy.

Link to interactive guide on Classic Trader:

https://www.classic-trader.com/uk/passion-investing-classic-cars

 

Links to top three cars sold:

https://www.silverstoneauctions.com/1957-aston-martin-db24-mkii-saloon

http://www.goodingco.com/vehicle/1934-rolls-royce-phantom-ii-continental-sedanca-drophead-coupe

http://www.goodingco.com/vehicle/1970-de-tomaso-mangusta

 

Notes to editors:

 

The list has been compiled by identifying the top 100 cars sold at public auctions in Europe twice: once in 2010 and again (identical chassis number) in 2015.

In the case of averages, they have been calculated wherever no identical chassis number has been identified among the sales between 2010 and 2015.

 

About Classic Trader:

Classic Trader Ltd from Berlin is operating the first international online marketplace for the purchase and sale of classic cars. Classic Trader has positioned itself as the German market leader in the specialised trade platform segment within a few months. Classic Trader currently has a trading volume of more than 500 million euros. Prospective buyers can directly commission a condition report, the international transport, insurance benefits and valuation reports with Classic Trader.