British Motor Museums
British Motor Museums
Bicester Heritage has been actively monitoring Government policy regarding the control of COVID-19 and growth rate projections for the forthcoming weeks. Given the circumstances, we believe that it is prudent to cancel the final Scramble open day event of 2020, due to be held on Sunday 4th October
RETURN OF THE MOKE
From today, UK customers will be able to order one of 56 limited edition MOKEs, an allocation selected to signify the number of years since the Mini MOKE first appeared in Britain in 1964. Order books also open for MOKEs in standard configuration, confirming the permanent return of the brand.
MOKE International revives a British design that has charmed for more than half a century. The original MOKE was designed in the 1960s by Sir Alec Issigonis, the architect of the Austin Mini. It was first specified as a military vehicle engineered to be robust enough for deployment behind enemy lines by aeroplane. The original shared components including suspension and chassis with the Mini.
MOKE will mark its homecoming with a limited run of 56 cars, built for sale exclusively in the United Kingdom. The original MOKE trademark was acquired in 2015 and is now owned by MOKE International Limited. From today, UK buyers will be invited to order either the limited edition ’MOKE 56’ or the standard MOKE Classic, which begins full production. Indicative pricing starts at £20,000 excluding local taxes and delivery.
Some 15,000 Mini Mokes were made in Longbridge by BMC, about 26,000 were made in Australia and in Portugal some 10,000 were made.
CLASSIC CAR MARKET
The latest UK Hagerty Price Guide reveals that the classic car market has proved a relative safe haven during the global pandemic. The guide, which tracks more than 40,000 values of classic cars worth a total of £570m, shows trends that suggest that the UK classic car market is in a healthy state despite (or maybe due to) COVID-19.
Unlike other areas of the economy, this doesn’t just seem to be making up for a COVID-19-induced shortfall, and data suggests there has been a significant increase in market activity compared to 2019. Also, classic cars are an emotional purchase, and COVID-19 has been an emotional time. All the indications – auction results, anecdotal evidence from enthusiasts and statements from dealers – suggest that the sub-£100,000 classic car market is active.
Values of MGAs have improved since the last HPG update in May, with many examples performing very well. The full Hagerty report can be read here: https://www.hagerty.co.uk/articles/calm-amidst-the-storm/
The two cars featured in our last News item sold well at Classic Car Auctions sale recently. The Morris Minor Million fetched £15,318 whilst the 1953 Ford Consul Mk. 1 Farnham Estate realised £11,211. Good results.