With the classic car market fizzing, auction specialist, Historics, comes to Ascot Racecourse on Saturday, May 20, with a feast of 150 fine classic motorcars for sale
In recent years, classic cars have bettered all other investment categories besides gold. The bullish nature of the market is reflected in many hundreds attending the regular sales by classic car auction specialists, Historics, where typically, over 80% of cars consigned will pass to delighted new owners.
It provides a fascinating backdrop to Historics biggest sale of the year at Ascot Racecourse, on Saturday May 20, where a mouth-watering and hugely varied collection of 150 classic motorcars will come under the hammer.
Historics’ Auction Director, Edward Bridger-Stille, explains why the market is so buoyant: ‘Modern-day cars can tend to lack personality and depreciate significantly. A well-bought classic motorcar is far more likely to appreciate, although buying a classic car solely for investment is rare. Most buyers do so for the joy of ownership, driving pleasure, and meeting like-minded people. Very rarely is a classic car used for every day.’
Historics’ Ascot auction will appeal to the serious collector right through to the more modest and first-time buyer too, with classics on offer rich in quality, variety and character. The sale is preceded by two viewing days on Thursday 18 and Friday 19 May. Entry is by catalogue, in advance, or on the day.
Visit historics.co.uk for information and to view the constantly updated list of cars or call 01753 639170.