| Trying to avoid the negative vibes is actually
quite difficult, when you look back at the history of car valuations.
Let’s face it, the classic car scene has been in flux
for many years, having only been instigated in reality during
the mid-1970s, when collectors realised that a lot of older
makes and models were disappearing faster than the rust pools
surrounding their remnants.
In the mad-1980s, the era of the speculator, some truly amazing,
telephone number prices were being posited at car auctions
world-wide, with certain Ferraris and Bugattis hitting prices
in excess of £10m. Yet, more mundane machinery, while
kindling interest in the collectible sector, was either worthless,
or flat-lining at best. The Japanese brands, with the notable
exception of the infamous 1969 Toyota 2000GT, which hit a
peak in 2015, when an example sold for £1.2m, although
prices have settled at around £790,000, were also-rans
in speculators’ eyes.
Although the market had stabilised at somewhat lower levels
by the late-1990s, with Mark Two Jaguars having tumbled in
value as a marker-post, race, rally and limited-run models
generated a new class of adventurous ‘sniffer’.
The escalation in their values rose steadily until the economic
‘crash’ of 2008, at which time they levelled-out
momentarily but continued in an upwards progression until
around three, or four years ago, when values raced ahead.
While provenance, which consists of supporting paperwork,
imagery, signatures and official documentation, remains a
priority, it does appear as though anything possessing even
the merest whiff of a competition history can start to command
silly money at sell-off time. In fact, even replicas seem
to be able to hold their own in the sales rooms and the era
of the classic Jap is very much upon us, with inevitable attractions
like the 1971 Datsun 240Z changing hands for upwards of £30,000,
a bog-standard 1976 Toyota Celica topping £8,000 and
1999 Mazda MX5s still commanding £8,500. A good condition,
2004 Subaru Impreza WRX STi was blocked at £15,400 at
Just reflecting on the former race and rally examples, Ford
has always been able to hold its own on the collectible front,
aided without a shadow of doubt by the influence of the RS
Owners Club, which does put many of the inherently parochial
Subaru clubs to shame. It is a great pity, of course, as the
Impreza remains the winningest of all rally cars and one might
have thought that a Subaru-sanctioned but privately-funded
bunch of enthusiasts would have taken a grander overview,
especially of the classic scene. It is not the case and honouring
the brand does seem to be the remit of companies like Scoobyclinic,
especially as importer, IM Group plc, shows zero signs of
While the XR3s and RS Turbos continue to climb the value
ladder, it is worth noting that Bonhams auctioned a clean
1968 Escort Mark One Twincam racer for an astronomical £203,100
in April. Put into perspective, at the same auction, a 1957
Jaguar 3.4-litre Mark One possessing some rally history took
the gavel at £189,660 and a 1997 Subaru Impreza 22B
STi prototype managed to attain a fantastic £113,500.
On the other hand, a Japanese imported, 2000 Mitsubishi Lancer
Evo VI Tommi Makinen mustered a mere £13,970 at CCA.
Of course, there is a bottom-line to all of this and it needs
to be preceded with a vital disclaimer….the prices of
classic cars can fluctuate, so do not bank on them! Yet, the
classic car market has been largely unaffected by Brexit,
or the political upset that has existed in the UK since 2008.
While that is not to say that values will not plummet in the
near future and there are several signposts of greater austerity
that are being raised at the moment, prices continue to move
upwards and they drag some form of ‘stability’
Of course, Scoobyclinic is in an ideal place, not just in
geographic terms. It has amassed more spares and running gear
than any other so-called Subaru specialist in the UK. Apart
from being able to service owners’ cars better than
the franchised outlets can, it can also carry out body repairs,
restoration and paintwork to the highest show standards and
comprehensive renovation projects are very much part of its
While the renovation of some piles of rot might be simply
‘uneconomical’, Scoobyclinic will be able to inform
you if something that looks like a dog’s dinner can
be turned into a show-winning prince. It all depends on your
available budget but, as long as Subaru prices remain on the
up escalator, obtaining the classic car that you perhaps had
not appreciated was existing on your driveway, or in the garage,
could be an economic reality.
To find out more, call Scoobyclinic and receive a frank appraisal
and honest quotation.
Words: Iain Robertson