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Top end of the market continues to fall

30 October 2018

We are seeing quite a divergence in fortunes at the auction sales at the moment. High end cars are struggling to find new owners unless the price is right and the car is very original or extremely well restored with excellent provenance. The fact that you can now buy a usable Series 2 E-Type Coupe for £37,000 which is what one sold for at SWVA on Friday really says it all. Prices across the board are weakening apart from in the sub £10,000 category where enthusiast rather than collectors drive demand. It pays more than ever to research valuations and the car you are buying as thoroughly as possible. Our valuation reports can identify when a car was last advertised and at what price plus any auction history that your car might have. An investment in a report could well save you thousands.