Most classic car owners probably prefer to retain as much of the original look to their vehicle as possible. However, there are some that wish to make a few modifications either to the bodywork and/or the engine. In the later case, it should be borne in mind that doing this may result in the premium that you pay for your … Continue reading
The Classics Blog
Further Increase In IPT
It is unlikely to result in a really big increase in premiums but Insurance Premium Tax (IPT) is to go up once more so this will mean that you are likely to be going to pay more for your classic car insurance. It was announced in the budget that IPT is going up by 0.5% to 10% and this is … Continue reading
Ford Capri Achieves Record Auction Price
There were almost 1.9 million Ford Capri’s built between 1969 to 1987 appealing to all sorts of motorists but in particular the younger driver in view of the coupe sporty styling. Some of these vehicles have really turned into much sought after classic cars and fetched excellent prices when coming up for sale. In fact, one has recently sold at … Continue reading
Classic Cars Favour Well In Luxury Investment Index
There are an awful lot of wealthy individuals in the world with some being worth several billion pounds. No doubt many rich people enjoy investing some of their funds in luxury assets such as jewellery, boats and classic cars. Well, apparently, according to the Knight Frank Luxury Investment Index (KFLII by asset class), last year, classic cars performed better than … Continue reading
Festival Italia Event To Take Place At Brands Hatch
On the 14th August 2016, the famous Kent racing track is to host the Festival Italia when some wonderful Italian vehicles will be on display including some delightful classic cars. There will be many attractions as well as some potentially exciting racing taking place. The Pirelli Ferrari Formula Classic racing event will include the Ferrari 308 that goes back to … Continue reading
Large Increase In Premiums In 2015
Many of you may have noticed when receiving your classic car insurance renewal notices that there has been an increase in premiums last year. This is disappointing news and has no doubt led to some people shopping around to see if they can get a better deal with another insurer. This is borne out by the AA British Insurance Premium … Continue reading
Does Driving 5 Classic Cars In A Day Appeal?
Many of you will no doubt have enjoyed the thrill of a driving experience when you have received a gift voucher for your birthday or Christmas to drive one or more super-charged sports cars. Well, how would you like to drive as many as 5 different classic cars all in the one day? If you would, then read on…. A … Continue reading
Five Most Expensive Classic Cars Sold At Public Auctions In 2015
As the New Year gets underway we thought that you would find it interesting to know the top five classic cars that achieved the highest sale prices throughout 2015 around the world at public auctions. We list them starting with the one achieving the biggest price at auction first. 1. Ferrari 290 MM by Scaglietti – 1956 If you had … Continue reading
Land Rover Defender Fetches £400,000
Who would think that a Land Rover Defender could achieve a sale price at auction of as much as £400,000. Well, that is exactly what has happened but it is worth noting that the vehicle was not even a classic model. On the 16th December 2015, a charity auction took place at Bonhams in New Bond Street, London. The vehicle … Continue reading
Aston Martin Forecast To Become Most Valuable British Car
If you are an avid collector of expensive classic cars then you will have to be quick if you are interested in buying a vintage vehicle that is possibly going to fetch a price at auction that will make it the most expensive British classic car of all time. The auction takes place in New York at Sotheby’s on the … Continue reading
