It’s never been a better time to sell a classic car
Sponsored content: The classic car market is booming right now and savvy collectors are cashing in on nostalgia-fuelled pricing.
Chrome bumper enthusiasts and investors alike are snapping up classic and future classics at unprecedented pricing.
From unrestored barn finds to high profile iconic Aussie muscle, classic cars are in high demand Holden and Ford fans recently saw a 1985 Holden/HDT VK Blue Meanie, formerly owned by Peter Brock, fetch a record price of $1.057 million, while the famous “Chicken Coupe” Ford XA GT sold for $300,000. Both were sold through Grays Classic Car Auctions.
With the rush of automotive aficionados looking to fill their garages with their dream metal, long-term custodians of chrome bumper cars are choosing to cash in on the record high pricing. How high? Classic car prices have increased by more than 40% in the last year.
As with any investment, the best time to cash in is when the market is high. Many classic car owners maybe unaware of the current and growing value of their vehicles and price estimation can be difficult. Many sellers are turning to classic car auctions like Grays as their preferred method of sale, letting the market dictate the maximum price for their vehicle.
Using professionals like Grays takes the hassle out of selling a classic car - no tyre kickers, no wasted time spent answering text messages and phone calls from no show buyers. Once the Classic Car team receive a vehicle it is prepared, photographed and listed to be seen by more than 3 million registered members.
If you’re thinking about selling your classic or future classic contact Grays Classic Car Auctions for a no obligation chat today.