We recently spoke to Jason Groenevelt director at jbclassiccars to learn more about current trends in the South African classic car market. We were also curious as to which cars where the most sought after by local customers, this however proved to be a rather difficult question with no straightforward answer as it could easily be come a long in-depth conversation should all aspects be considered. Jason however did share with us a few of the vehicles that are currently in high demand locally.
The 964 was the third generation of 911 Porsche, it was first manufactured in 1989 and was almost a completely new car when compared to its predecessor.
It had 20+ variants in its lifetime, with various normally aspirated 3.6 Litre engines, except for the ultra rare 3.8 Litre which was later found in the Carrera RS.
There were also two turbo engine variants a 3.3 Litre and 3.6 Litre which were used in the 964 turbo models.
The final version of the air-cooled 911s marking 50 years of innovation (1948-1998). All 993’s had 3.6-litre flat six cylinder engines and for the first time they added a 6th gear.
993s have what every Porsche purist covets, an air-cooled engine, but with many of the previous generations’ wrinkles ironed out.
You will need to search far and wide for something more charming than a classic Alfa Romeo.
The First GT junior 1300 was built in 1966 and was the entry model to the Alfa Romeo coupé range. Considering it only has 1290cc displacement it has decent performance for its age, but the little Alfa has exceptional handling due to its kerb weight of only 930kg. The Alfa Romeo GT 1600 Junior was introduced in 1972, to plug the gap between the GT 1300 Junior and the larger-engined 2000 GTV.
The Mercedes SL (R107) was the second longest single series to produced by the automaker stretching over 18 years.
The (R107) is extremely reliable which makes it even more sought after by collectors. These roadsters came with various models, the 280 SL had an 2.8-Litre inline 6 cylinder engine while you could find yourself a 5.5-litre V8 in the 560SL which was the largest and most powerful offering in the R107 series.
Although there were 237,287 R107 Mercedes-benz cars manufactured, these two-seater classics are highly sought after as they offer the best in classic sportiness and luxury
The E30 M3 was never available in South Africa, however we did have the 333i of which only 210 units were built, making it rarer than the M3 and 325iS of which only 508 units were built locally at the Rosslyn plant.
The 333i has a 3.2-litre naturally aspirated inline 6 cylinder engine that produces 145kW and 284Nm.
The 325iS has a 2.7-litre naturally aspirated inline 6 cylinder engine that produced 143kW and 265Nm. The power is transmitted to the road by the rear wheel drive with a 5 speed Manual gearbox in both these models.
There are not many of these E30 “Beemers” around, those who have had the luck to obtain them know how lucky they are and should a well looked after “Gusheshe” or “Botsotso” as locals call them, be on the market, you can be sure that it will not come cheap as the demand is massive.
There has been various sources that claim investing in a classic car is more stable investment than investing in stocks and cryptocurrrency and it surely has a foot to stand on as various classic car model prices are rising dramatically, while there are not many classic cars that are losing their worth. Those who thought Covid-19 would have a severely negative effect on the classic car collecting, have been pleasantly suprised as the classic car collecting hobby has seen growth over the time of the pandemic. The rise in demand has also seen prices rise as there is only a limited supply of classic cars. Although not every classic car owner is buying as a investment, for many it is a trip down memory lane on the weekend in a little piece of automotive history.
Continuing our conversation with Jason, he notes that the local market is particularly buoyant at the moment, with a large demand for various classic cars. They also have various request to export cars to the UK vehicles mostly requested are Alfa Romeo’s, Citroen’s, Fiat’s, older Porsche’s and early VW’s models such as Kombi’s.
Although supply is limited of classic cars there are reputable dealers who have cars available. It is important to use a reputable dealer when it comes to purchasing any car and even more so with a classic car. The same goes for selling, there are various platforms and dealers locally that will assist you in selling your classic car should you wish to go this route, use a dealer that has a good reputation.
Should you need more information or have questions on importing, exporting, insurance, valuations or investments of classic cars, feel free to contact Jason@jbclassiccars.co.za or visit them at www.jbclassiccars.co.za