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What is the future of classic cars?

What is the future for classic cars and should I buy one now that I am able to do so?

Asked on 9 February 2021 by Stephen Bishop

Answered by Andrew Brady
It's difficult to know for sure, but the current plan is to ban the sale of brand new petrol and diesel cars in 2030. Used petrol and diesel cars – including classics – will still change hands on the used market. Of course, over time, it's likely that the tax on fuel will be increased and/or it'll become harder to find as petrol and diesel cars become rarer. That's unlikely to be an issue for a good 25 years or more, however. There are also a number of companies that can convert classic cars to run on electric power.
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