Comments by "Golden Croc" (@GoldenCroc) on "Here's a Trick to Predict What Cars Will Rise in Value" video.
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@MW-te5fv Britain is a market upon itself, very different from the US as I am sure you are aware. As long as there is a significant following of a car, and there arent many left, they can garner big money. People have been saying that about beetles for decades now, but it seems they just made to many of them, and too many are left?
I think 2CVs might be the same, and they dont have such a big follwing in countries were people collect cars a lot.
But its hard to say it really depends if one thinks of as a percentage or as in pure money. I dont think a Trabant or cars of that nature will ever be worth more than 100k USD in my lifetime. But they may well be worth 20k, that could be possible, which is a big increase from lets say the 3k you could buy one for.
MG seems like a car just about only brits care about to be honest, but that doesnt really have to mean much, I never really thought a Ford sierra (cosworth) and other "fast Fords" would be worth as much as it currently is.
The saying is a Ford Model T had its peak value in the 1950s, and after that went down, even though they became even rarer. Most people that had any connection to them and wanted one simply got too old to buy them any more. I think MGs are in danger of this maybe, hard to see a lot of people currently under 50 or heck even under 60 that are really into MGs.... but we will see. Cheers.
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