Prices of old gasoline cars considered junk are rising sharply – a 7,000 euro BMW is now selling for 15,400 euros
The prices of vintage gasoline luxury cars from the 1980s and 1990s in Finland are surging after years of being undervalued.
In recent years, the market for vintage luxury cars from the 1980s and 1990s, once considered worthless, has experienced a dramatic shift. According to Dutch publication Autoweek, these cars, previously seen as mere relics, have transformed into sought-after collector's items. The newfound demand for these vehicles can be attributed to their desirability among car enthusiasts, who now actively search for these models rather than relegating them to junk or cheap exchanges.
Interestingly for Finnish consumers, many of these vintage cars have been imported to Finland as 'import vehicles.' This opens up a lucrative opportunity, as numerous previously imported models can now be found in Northern Finland. These vehicles, initially undervalued, have the potential to fetch high prices if sold back to the Central European market, where their value has significantly appreciated. Autoweek highlights that many once-disparaged luxury vehicles, now regarded as rare commodities, are witnessing substantial increases in their market prices.
This surge in prices not only highlights a broader trend in vintage car valuation but also reflects shifts in consumer interests towards unique, classic automobiles. The increasing awareness and appreciation for these vintage vehicles present an exciting landscape for collectors and sellers alike, potentially encouraging more individuals to explore the vintage car market. This evolving scenario points to a reinvigoration of classic car enthusiasts in Finland, as they navigate the changing dynamics of the automotive market.