MARKET WATCH January, week 1

Mercedes SLC loved at last

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After years in the shadow of its more glamorous convertible sister, the longer wheelbase SLC coupé has developed a following of its own. In our latest price update, these slick grand tourers are among the top 45 classic growers this month, up 28% since our last update. That’s narrowed the gap to the R107-generation SL roadster but still leaves them better value at £2k for a rough example, £5k for a tidy one and £10-16k for the really sharp stuff.

Like the roadsters, the coupés can be enthusiastic rotters and parts prices are commensurate with the luxury status of these cars when new, so the difference between the cheapest and the best looks very good value indeed. The SLC could be ordered with a twin-cam 2746cc six, or single overhead cam V8s in either 3499c or 4520cc. All take their grand touring duties seriously, so condition is more important than engine capacity. To find more market analysis and details of the latest market climbers and fallers, check out the latest issue

Ford Capri 280 oversupply

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Too many vendors have tried to cash in the the rising values of these last of the line, top spec Capris and the resulting oversupply is harming sales and prices achieved.

To mark the end of Capri production, Ford created the 280, a 2.8 Injection Special with Brooklands green paintwork, Raven Black full leather interior and 15 inch versions of the normal ‘starfish’ seven-spoke alloy wheels. And it became instantly collectable, with legions of buyers storing them carefully and trying to keep the mileage as low as possible.

The result is that cherished, low-mileage examples are not particularly rare, which doesn’t hold back advancing values when they come on to the market infrequently, but a recent rush of vendors trying to cash in on buoyant Capri prices has dampened buyer enthusiasm for paying bullish prices. It’s a phenomenon that can strike at any level of the market where the cars were built in some volume, and by that I mean any more than double figures – if buyers feel that there’s no urgency to snap up a particular car because another with similar or better mileage, service history and condition will come along next month, it’s no longer a sellers’ market and prices start to go backwards.

So if you’re in the market for one, or any other car where auction cars are selling on the low side or not at all, ignore advertisers’ ambitious prices and bargain hard. To find more market analysis and details of the latest market climbers and fallers, check out the latest issue

We want this Rolls Silver Cloud

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This rare 1959 Rolls-Royce Silver Cloud Series 2 drophead is back in its correct Shell grey paint scheme with red interior after and expensive restoration. It’s one of 107 converted new from saloons by HJ Mulliner and apart for a faulty fuel gauge and slightly blowing exhaust, our tester found it hard to fault during his evaluation. The vendor says that it will attend to the exhaust before sale

The work appears to have been done to a high standard so it looks right and drives as serenely as these cars should, but it’s also surprisingly responsive for a car that puts luxury at the top of its priority list.

It would look equally good on next summer’s Continental touring trips or the concours circuit. I’d be tempted to drive it rather than park it. This Rolls-Royce is one of four cars for sale evaluated in the latest issue. To buy a copy click here