Any idea what will happen to the classic car market as a result of the war in the Ukraine? Are prices going to come down or will classic cars be considered “safe” investments during this time of crisis?

Obviously all speculation, just curious what others are anticipating or have experienced.

(I am fully aware that this is not the most pressing issue, so don’t jump on me for posing the question.)

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I’m checking auto trader Ukraine for E30 M3’s right now. All jokes aside, praying for the people of Ukraine 🙏

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Basically art. I anticipate values will decline faster than the stock market. Rich people buy them, and as their wealth decreases, the classic cars are the first things to go. Many rich folks have multiple cars, so selling a few isn’t a big deal to them personally, but it will flood the market. Just my guess.

Are vintage 4x4s coming down too? Or are they going to hold their value since they’re a perfect bug-out vehicle in the time of crisis?
🧐🧐

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