John Mayhead, the editor of Haggerty's UK Price Guide, joins me, Mark Stone on the Backseat Driver Podcast.
John shares insights into the valuation of classic and collectable cars, highlighting the growing interest among younger generations. He explains how Haggerty gathers data from various sources, including expert opinions, auction results, and insurance information, to provide comprehensive and reliable values.
As the classic car market experiences significant growth, even with more affordable models and the importance of considering rarity and demographic shifts when determining car values. He also discusses the expanding definition of classic cars to include vehicles from the 1990s and early 2000s, acknowledging the influence of social media in showcasing younger enthusiasts and their love for vintage automobiles
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