A famous quote by oil tycoon JP Getty says; “If it appreciates, buy it. If it depreciates, lease it.” You see, for many, the problem with buying a new car is just how much it depreciates by. You can buy a car and drive it out of the showroom bring it back 100 miles later and it’s already lost a chunk of its value. This is probably why PCP and PCH are a popular choice for many these days, allowing them to lease the car and get a new one every few years. A trend that started around thirty years
This Lotus Elite was the first ever Elite to be sold to a customer, and it debuted at the 1958 Earls Court Motor Show, and it's going to be up for auction at Silverstone via a live online auction from July 31st to August 1st. This is a true piece of classic motoring history, and it will be very exciting to see how much this Elite fetches at online action. There's a lot of history behind this beautiful little sports coupe. It was originally sold to Chris Barber, the jazz legend, who took the car and prepared it as a
Regardless of where you are in the world, there is one major downside to motoring that is irrevocably true – depreciation. You can buy a brand new car, and the moment you drive it out of the showroom, its value has already decreased. It’s a given, and we accept it. However, there comes a time in most cars lives, when the depreciation and loss of value stops, and it’s value actually starts to increase again.
Ben Croot, a teenager from Compton in Wolverhampton was inspired by his love of Lego and classic cars, to build a British motoring classic – the Bentley “Blower” – entirely out of Lego and Technic. The Bentley “Blower” is a British classic which was used to compete in motor racing events between 1927 and 1931. Keep reading to find out more about Ben’s creation…
If you’re on our website, then you’re probably somewhat of a classic car enthusiast, and as most of us know, there’s nothing better than a lovely long drive out in our precious classic vehicles, driving down country lanes on a warm summer day. However, there are a number of things you can do to make the most of your excursions; from plotting a destinations, forecasting the weather, and planning things to do along the way. Here’s a few of our tips for making your classic car driving trips more enjoyable and avoiding any disappointments.