Rich people are buying them as investments. Good for us Bay owners as our van prices are rising as ordinary folk cant afford the splits.
Interesting that it is a full resto, which means much of it will not be original - if totally original I could almost understand the massive price (almost) but as a resto it just seems huge- still as has been said on here many times they are worth what someone will pay!!
The price of that is £4K less than our mortgage putting it into perspective - I know which I'd rather go for!!
There was a Late Westy there yesterday in the sales area that needed all the bottom 6" of the body replacing and they were asking for £13k Also a few Late Bays asking around the £21-22k mark and yet they were shall we say "rough around the edges" I'd expect a mint example for that kind of money.
I think people are looking for places to put their money as the bank's aren't offering great deals. Just look at classic Porsches, the price of 964's are obscene. You can see it filtering right down with anything remotely collectable too. I'm currently trying to buy a Raleigh Burner for my brothers 40th, the price in the last couple of years has probably doubled.
I was gonna msg u to see if u was popping down I not keen on the lay out Bry but ended up not bothering!! R u going to techenders? I'll be heading up there at 3:30 ish if u wanna tag on Sent from my iPhone using Tapatalk
You keep reading about what a great investment classic cars are in the papers. High prices are an attraction to the newbies, the seller can say it's doubled over the past 3 years so it's a great investment. Stupidly low interest rates drive people to look for 'alternative' 'investments' and then they get mugged by the 'experts'.
