10-02-2019, 12:02 PM
(10-02-2019, 11:13 AM)Mike Costigan Wrote: Around 1970 the typical price for a very nice RK saloon was the same as a brand new Mini; over the years I have always used that as a barometer for Austin Seven values. It has fluctuated a bit, with the Austin value sometimes rather more, and occasionally rather less, than the price of the cheaper small cars on the market. That puts an RK today at around £10,000 - £11,000 which is probably about right.
Similarly, I have always considered an open car to be valued around 50% more than an equivalent saloon, so that would put a very nice late-1920s chummy at around £16,000, again probably not far out. There has always been the occasional special vehicle which bucks the trend, but the V & P car under discussion here hardly seems to be that remarkable, with several features which would put the purist off.
That may sound sensible, but in fact only means the cost of production of cars has gone down, thanks to (among others) robotics. In the same manner the price of a Ferrari 250 GT would now be anywhere close to that of the latest Aston Martin, which clearly it isn't.
Now I don't want to get in a discussion about that, I do believe some cars are not worth their (inflated - there is that word again) money nowadays. I just wanted say that in my opinion as to prices there seems to be a tendency to depreciate the value of Austin Sevens on this forum in negation of (among others) inflation.