Great to have a look back several years at people's predictions on prices
It seems values went far beyond what everyone expected!
I wonder where prices for well kept cups will be in another 5 years... Predictions below please 😂
There are still too many 1*2's on the road in poor condition. Once these vehicles are either written off, converted into track cars, or broken down, the number of cars in good condition will naturally decrease. As a result, the lower mileage cars will become more valuable and command higher prices, but even higher mileage well-maintained cars will still fetch a premium.
Personally, I feel a sense of satisfaction whenever I come across one of these cars that has been broken or written off. It's like a small victory
That said, the climate agenda will undoubtedly have an impact on the future of these cars. Increased environmental concerns may lead to stricter regulations or taxes, which could push them off the road sooner than anticipated. As a result, perhaps cars may become sought-after pieces for wealthy collectors 🤷♂️
Interestingly, I noticed that many people tried to sell their cars when petrol prices were nearly £2 a litre, likely influenced by the growing uncertainty surrounding their future. I guess these factors will shape the fate of these cars in the coming years.