Market Watch: Fiat 124 Spiders mostly fall
While most Fiat 124 Spiders are losing value, one variant is bucking the trend.
The launch of Fiat’s new retro-styled 124 drew attention to the classic originals, creating upward pressure on prices, a wave that the high-performance Abarth version is still riding, with prices up slightly again by 1.8% in our latest Price Guide Movers update in the latest issue. That brings the entry level up to £17.5k, with good, usable cars at £30k and the best ones £40-56k.
The lesser models haven’t proved as resilient, losing anywhere between 1.2% and 13%, depending on model. It’s the later cars made, rather than just bodied, by Pininfarina between 1982 and 1985 that have suffered most, dropping 13% to give a price span of £3-17.5k, depending on condition.
At the other end of the scale, the first generation slim-bumper 1.4- and 1.6-litre cars built from 1966 to 1974 that have hung on best, losing just 1.2% to give a range of £4-24k. Another example of a classic maturing to the point where buyers prize aesthetic purity over later performance and luxury/comfort improvements.
Price Guide Movers is part of 16 pages of buying tips and advice, including Quentin Willson’s Hot Tips, Ads on Test, the Buying Guide in the July issue of Classic Cars.