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What will happen to the price of classic cars following Brexit?

What do you think will happen to the price of average value classics following Brexit (if it ever happens!). I have a 1968 RHD Alfa Romeo Veloce boat tail which I am considering selling sometime this year. Do you think demand and prices may fall later with all the uncertainty?

Asked on 31 January 2019 by steve evison

Answered by Keith Moody
I think that classic car prices, on the whole, will be largely unaffected - unless Brexit triggers a financial crisis that causes a slump in the market (e.g. house prices etc) and damages buyer confidence. I think where we'll see costs increase is on parts that have to be imported, which in turn could impact the value of your Alfa because keeping it on the road could become more expensive, which might put people off.
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