5 replies to this topic

[mab01uk]

 

Nostalgia has an expiry date?

 

 

[coopertaz]

i question whether the mini is riding on nostalgia or still popular due to an active show / club scene that people want to be involved in. Time will tell if younger people still want to spend the time in the garage that a classic like the mini requires. I have seen several who have ditched the mini in favour of a less maintenance intensive classic, turn key is an often used term.

[Bobbins]

What a refreshingly pragmatic viewpoint.

 

I have two 25 year old classics (one being the Mini) and both are worth substantially more than when I bought them. However, that appreciation in value has enabled me to spend (invest?) in the cars to get them to the standard I want them enabling me to enjoy the cars for the purpose they were intended, and to me that's a win win. The reality is I probably haven't made a single penny but likewise they don't owe me anything, but as the saying goes, shrouds don't have pockets.

 

I do however keep an eye on the value of 911 Porsches as a sort of benchmark to 'modern' classic values and although some are still eye-wateringly expensive, there's quite a few 996 models for sale around the £12K mark which is a lot less than a couple of years ago. I've no intention of buying one though!

[bpirie1000]

Is this not just cyclical I remember the wooden wheeled brass car era.

Back when I was a lad I saw many at car shows.
Not seen one for years..

Trends go around I suppose.

[slidehammer]

Personally I think if prices do drop then it means the hobby can be taken up by the ordinary people rather it be coming an elitist hobby.

The only good thing that has come out of Mini prices rising is more are being saved and less scrapped because they need some welding.

I don't ever consider the values of my Minis only at insurance time.

[Steam]

One problem is what is now considered a classic, as the tag seems to add value without recourse. Is BMW Mini really a classic? I think not.
Personally I would rather drive Classic cars over modern, I object to my Wife telling me what to do let alone the family car.