MARKET WATCH July, week 3

Biggest market fallers revealed

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The latest round of cars to slip in value sees a continuation of the Ferrari downward trend with a mixture of chrome era models – Daytona and Dino – down 4.3% and 3.8%, and modern classics – F355, 456GT and 550 Maranello – down 6.3, 4.8 and 4.5%.

The biggest drop comes from the Porsche 996 Turbo at 20%, but you're still looking at £24-55k for these, depending on condition. There have been casualties away from the typically volatile makes, with the evergreen Mercedes 220SEb coupé and cabrio losing 4.8 and 11% respectively. That brings rough examples of these elegant cabrios down to £25k, with usable cars at £40k and the best territory being £60-80k. These lower-powered models have previously been swept along in the wake of the more collectable 300SE versions, but more buyers are now holding out for the ultimate versions of models rather than accept the next best thing.

For more market advice and buying tips, have a look at the latest issue.

Triumph Heralds and Vitesses surge

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We've already seen Triumph Herald and Vitesse convertibles pick up in value, and now it's the turn of the saloons – more evidence in the growing appreciation for Fifties and Sixties family classics. So, apart from the Herald 13/60 convertible, up 7.1%, the rest of the models have moved by a hefty 20-26%.

With only a small premium for the Vitesse MkII and 2-litre MkI over the 1600, the value differences are all about condition. Project cars are around £1k and usable cars needing work are £2-2.4k. The really smart cars are £4.5-5k and the best are £7-7.5, so they're still accessible by current standards.

For more market advice and buying tips, have a look at the latest issue.

We want this Aston Martin DB4

     

 

 

This Series V DB4 was restored as far back as 2005, but its was done by one of the best specialists – RS Williams – and it still looks excellent. RSW has made a name for itself adding effective upgrades and this car has the 320bhp 4.7-litre Vantage-specification engine, up from 3.7 litres and 240bhp. There's also a Harvey-Bailey handling kit and the colour was changed from the original Fiesta red.

When we tested it for the latest issue of Classic Cars it was as impressive to drive as it was to look at, with enough ability to embarrass modern performance machinery. Imagine blatting down to the Goodwood Revival in it.

For more market advice and buying tips, have a look at the latest issue.

Time to buy a BMW E34

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It doesn't seem long since the E34 (1988-96) generation of BMW 5 Series was still a regular sight a a daily driver – they were so well made that 300,000 miles without major work was easy – but abruptly most of the well-use examples have gone beyond economic repair, leaving more cossetted examples as a precious commodity.

That the M5 (pictured) has long since bounced back from depreciation is no surprise, but enthusiasm for everything from a mint, low mileage 518i, via the 520/525/535i sixes to the 530 or 540 V8 has outstripped supply. So you can pay up to £6k for the four cylinder cars and £10k for the best six cylinder ones, with the 540i manual being the most desirable of the non Msport cars at up top £25k.

Project examples of those car be £6-7k with the best now £40-50k. They're all fine handling, beautifully refined and well made, but there are some weaknesses and gaps in spares availability that could puncture the E34 experience – from hidden corrosion to the scarcity of the electronic dampers on top models – so we've put together a buying guide in the latest issue. Happy hunting!

For more market advice and buying tips, have a look at the latest issue.