Dear Classic Car Enthusiasts, Collectors and Followers,
It looks like the UK classic car market is experiencing a period of adjustment, in 2025, following the post-pandemic surge.
Whilst overall values have declined, the market remains active and presents opportunities for both enthusiasts and investors.
Despite a number of challenges, the market is showing signs of stabilisation.
Experts suggest that prices are settling to more sustainable levels after the rapid increases seen in previous years.
Affordable classics priced under £50,000 have maintained stronger demand, with higher sell-through rates at auctions.
In contrast, more expensive models have struggled to attract buyers. Modern classics from the 1980s to early 2000s are gaining popularity among younger collectors.
These models are seen as more accessible and have potential for appreciation.
Traditional iconic classic models like the Jaguar E-Type have seen significant value declines, with average prices dropping by £10,000 from 2020.
Looking forward, the classic car market is expected to grow, with projections estimating a global market size.
This growth is driven by increasing interest in classic cars as investment assets, and the rise of online auction platforms. In the UK, the classic car dealers are anticipated to expand at a compound annual rate of 1.7% through 2024-25, reaching nearly £2 billion in revenue.
Bearing in mind the above overview, what should we look out for? Be mindful of broader economic conditions, including interest rates and consumer confidence, which can impact market dynamics.
Ensure thorough documentation and provenance to maintain value, especially as the market becomes more discerning.
The future of the classic car market is shaped by a mix of challenges and opportunities.
Here’s a comprehensive outlook as of 2025: Despite generational shifts, interest in classic cars remains strong, especially among Gen X and some Millennials who now have disposable income.
Online communities and platform auctions are expanding access and visibility, fuelling demand.
True classics (e.g. 1960s Ferraris, original muscle cars, air-cooled Porsches) remain desirable due to limited supply.
Cars with a known history, limited production numbers, and well-documented maintenance are likely to appreciate.
Classic cars are increasingly viewed as alternative investments (like art or wine) especially at the high end.
Auction results continue to set records, showing sustained high-end interest.
This is all driven by the outstanding events currently being held and the high attendance figures, showing the increased interest in the classic car market.
As we prepare for the coming concours events, and the Mille Miglia next month, we will hopefully see another upturn in the market.
If you are thinking of selling, looking to locate the classic car of your dreams, or have a restoration project in mind, we are here to assist.
Happy motoring and drive safely.
Keith
keith@classicmobilia.com
+44(0)7889 805432
+44(0)1908 270672
www.classicmobilia.com
About Keith:
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