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Could it be that the auction activity is being driven by toys being sold off? Values of cars have definitely softened recently, particularly in cars that were booming where it became obvious that things couldn't be sustained, eg muscle cars. A classic as a daily driver is an interesting proposition, I'm not sure it is that practical. Eg how many companies would let you substitute a fleet car for a 30yo one? Not to mention if you do significant mileage the running costs, lack of air con (here anyway) and refinement, etc would make it a lot less attractive.
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