A vintage car that is in brilliant condition, is fully functional, well preserved but rarely driven, is called a ‘show’ car. However, in order to be judged as a ‘show’, the car needs to be graded as ‘show’ in a national show. As the grading drops, so does the value of the car.
The editor of the gold book, who attends all the car auctions, can also determine the value of a car. Auction value is entered in the gold book and it becomes a kind of standard value for any other car, in the same condition. The selling price of a vintage car might not be the same as that of the auction value. The reason for this is that an auction tries to sell the car to the highest bidder.
The most important factor that might make a classic car very expensive is that it cannot be reproduced again, simply because the company does not manufacture them anymore.
Tags: gold book, standard value, vintage cars
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