I was wondering if anyone could tell me when is a car considered a
collector or classic. I was told 20 years and 25 years. I have a
1987 XJSC V12 Cabroilet Jaguar. Is it true the price will double
or triple once it hits that mark as a classic? I was going to sell
it but was thinking maybe I should wait and see if 25 yrs. is the
magic number.–
Donasue
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In reply to a message from Donasue sent Sat 4 Sep 2010:
You would probably get a better response to this question by
posting it to the XJ-S forum as ‘‘Collectibles’’ is for Jaguar
related items other than the real cars. Items like scale
models, literature, desk ornaments, etc.–
The original message included these comments:
collector or classic. I was told 20 years and 25 years. I have a
1987 XJSC V12 Cabroilet Jaguar. Is it true the price will double
or triple once it hits that mark as a classic? I was going to sell
–
John Quilter 1965 3.8S, 1951 MGTD, 1960 Morris ,1990 XJ6
Eugene, Oregon, United States
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In reply to a message from John Quilter sent Sat 11 Sep 2010:
Thanks John Quilter a lot.I was also searching for this
information.–
Fusion
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In reply to a message from Donasue sent Sat 4 Sep 2010:
IN a word, no!
Things increase in value only if the demand exists… there is a
real abundance of those cars and little demand…
Right now they are simply old cars with relatively high maintinance
demands…
In another 10 years if more and more of the cars wind up in scrap
yards and your’s is well maintained it’s possible the decline in
value will halt and start to reverse…
However you might be fooled… Most collector cars of high value
have had extremely expensive restorations done to them… and while
it’s original price might be $3000. another $100,000 will have been
spent to return it back to original condition… That’s why when
you see a car cross the auction block for say $50,000 while it
seems like a lot of money in all probability it reflects a
significant loss of money by the person who paid for the
restoration in the first place…
Understand to get that $50,000 for a car it has to have the same
quality of restoration done to it…
The best way to make a small fortune in auto collection is to
start with a large fortune…–
MGuar
Wayzata Minnesota, United States
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