The latest from
Hagerty’s UK Price Guide (HPG) is good news for
Mazda MX-5 owners, as the small Japanese sports car has been the UK’s fastest appreciating classic car since April 2018. First and second generation MX-5 owners will undoubtedly be beaming at the news.
As a whole, the classic car market in the UK has grown by 1.07% since April, with over half (52%) of all tracked vehicles rising in value, which is impressive stuff. When you consider the famed economic theory on ‘the market for lemons’, then it likely means that buyers are becoming more certain of the quality of cars they’re buying, or the quality itself is increasing. To create as representative set of data as possible, the HGP’s
Classic Index focuses on the 50 most popular UK classics.
The top risers include the second generation Mazda MX-5 1.6i at a staggering 8.5% increase in price, and Italian classics Lancia Fulvia Sport Zagato 1.6 and
Fiat 500 F at 5.0% and 4.3% apiece. What these cars share in common is their practicality compared to more high-market vehicles, and often go for prices the everyday motorist could afford.
There’s a greater variety in the cars increasing in value by smaller amounts, with the Aston Martin DBS Vantage gaining in price by 1.6%, and the VW Beetle 1200 and MGB-GT V8 up by 0.9% and 0.4%.
https://www.autoclassics.com/posts/news/maxda-mx-5-uk-fastest-appreciating-classic