Market Intelligence
Historics: rough seas yet the ship still sails
The article discusses the results of the Historics auction in Britain, which saw 62.5% of cars sold for a total of £2,346,283, down from last year's figures. However, this drop in turnover should be evaluated alongside the global value of cars on offer.
If we consider today’s British reality from an economic, political and climate crisis standpoint, then we cannot in all honesty say that the Historics auction went badly.
62.50% of cars on offer sold (105 cars out of 168 on offer), slightly down on last year’s 68.47% while turnover, which fell to £2,346,283 (€2,763,180) compared to £3,199,415 (€3,767,905) in 2021 (-27%) should be evaluated in line with the global value of the cars on offer, which this year was £4,138,500 (€4,856,010) compared to £5,451,000 (€6,396,065) in 2021. On this basis, 56.70% against 58.68% of the previous edition puts the numbers back in their place.
