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As
this year winds to a close and 2004 looms over the horizon, we take a
moment to reflect on the success of the classic car market, and the
exciting developments in 2003. What causes a car to go up in value you ask? Demand over scarcity. The existence of any given original classic goes down year-by-year, making a good classic harder and harder to find. The demand for these cars, on the other hand, has not gone down, elevating the market value of some models astronomically compared to their original price tag. In particular, Jaguars have done very well this year. Commanding sizeable amounts and appreciated greatly, the success of the E-type is due primarily to the scarcity of the vehicle. A good core car is harder to find, making an original E-type a valuable commodity. The most popular of the series tend to be the 1965-1967 XKE series 1 4.2, as they retain the original classic E-type look with an improved gearbox, more comfortable seats, and are an all-around better driver. An original Series 1 XKE Roadster could have set you back around $6,000.00. Today, a fully restored factory-correct roadster will cost you anywhere from $85,000.00 to $120,000.00. Collectable XK’s have also done very well, the best examples commanding substantial dollars. In addition to Jaguar, Austin Healey experienced a tremendous incline, in particular the BJ8 3000 and the 2-seater 3 carburetor Healey’s experienced renewed popularity. In all, the year brought considerable advancements into the classic car industry, proving once again that having a cool old car isn’t just a hobby; it’s an investment.
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Here
at Classic Showcase, we are gearing up for the annual Barrett-Jackson
and RM Classic Car auction in January. Held in Scottsdale, AZ, sales are
expected to soar, and we have a bevy of chrome wheeled, shined and
buffed, leather lined, drop-top and covered beauties ready to be put on
the block. A great barometer for collector car market, Barrett-Jackson
is a world-renowned event and Classic Showcase is proud to be apart of
the whole grand affair. In
2004 we are going to be expanding our collector car sales to include
high line contemporary European automobiles, such as late model Jaguars,
Porsche, BMW, and Mercedes-Benz. These cars must all meet the meticulous
Classic Showcase standards, and will be in prestigious condition,
marketed for sale. |
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We
have expanded the Classic Showcase team to include Bruce Miller, our
very own contemporary car sales wiz. Want a beautiful foreign exotic or
contemporary vehicle? Give Bruce a call. He’s been in the biz for over
thirty years, and has plenty of know-how and charisma to spare. We’re
proud to welcome Bruce to our staff. Due
to more and more collectors asking for restorations on their own
personal cars in their collections, we’ve decided to offer services on
customer cars. So if you own a classic you’re looking to fully
restore, give us a call; openings are limited. Expect the highest
quality restoration work. We also made some very innovative updates to our website. Check out our brand new inventory listing, complete with a separate sold vehicle section, CS restored markers, and much more. Be looking for new and exiting things happening in 2004. Have a very happy holiday, and a prosperous new year! Click Here to go to our our Upcoming events Calendar. |
Our 1967 Jaguar XKE Roadster in British Racing Green is currently undergoing restoration here at our restoration facility. |
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And now, a Christmas poem.... Twas’
the night before Christmas at Classic Showcase Twas' the night before Christmas, and all through our shop Impatient mechanics glanced at the clock As they hurried amongst classics, franticly mopping So
they could go to Best Buy for some last minute shopping. The
wrenches were nestled all snug in draws, When
out in the garage there arose such a clatter, And,
what to my wondering eyes should a-gog, And
our upholsterer sat doubled over with laughter, At
the sight of his coveralls stuck on a ladder. With
curses abounding, so European and quick, "Now
Felipe! Now Javier! You’re
causing a fuss. Now
finish those cars! We
all sprang to action, the shop in a flurry, While
Liza scurried about making the labels. So
from here at Classic Showcase, may all things be right; Merry
Christmas to all, and to all an E-Type!
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Home Archives Upcoming Events Calendar Contact Us Classic Showcase Homepage |
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Edition 1, Volume IV December, 2003 Copyright © 2003 Classic Showcase - All rights reserved |
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