Amazing how most on that list are Italian, shows we all have taste here in what we buy and support.
Another 15 years and another recession followed by a surge will see our beloved 3200 and 4200s on that list I feel.
I was having this discussion at the weekend with someone and this may be why classic cars go up in price so much and would value the forum members in put on this one:
As a private person you can buy and sell 6 cars a year without being classed as a trader.
This means that you dont pay tax on any money you make or loose in the sale, which is great.
So applying this to someone like Chris Evans or any of the investors in the current Classic car surge, is this the same and why in affluent times the prices shoot up?
By this I mean, if someone buys a Ferrari 250 at say £15m, then sells it a few years later for £20m, do they still not pay tax on the £5m as they are classed, like us, and not traders selling 6 cars or more per annum???