Newspaper article The Evening Standard (London, England)

From Minor to Major Good Buy; Es Wheels Classic Cars

Newspaper article The Evening Standard (London, England)

From Minor to Major Good Buy; Es Wheels Classic Cars

Article excerpt

Byline: MARTIN GURDON

BACK in the dim and disreputable late 1980s there was an explosion in the value of classic cars, and some very ordinary stuff was exorbitantly expensive, writes Martin Gurdon.

Once cheap and cheerful models like Austin Cambridges and Hillman Minx saloons changed hands for ludicrously inflated sums, whilst prices for bone fide classics went through the roof. In particular, this applied to the Morris Minor. Pay less than a grand for one in 1989 and you'd need a shovel to take it home.

Mint examples were being sold for approaching five figures, which was hardly in keeping with the model's cheap and cheerful heritage.

Then the recession arrived and old car prices dived. Greedy vehicular speculators lost heavily and people who might actually use and enjoy such cars found they could afford them once more. It's now possible to buy a usable Minor saloon for around [pound]500. You can add a nought for immaculate Traveller estates, and rare vans and pick ups also command a premium. …

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