At what time / price (if any) are S1 valuations likely to flatten out? Classic Car mag reckoned (albeit a couple of years back) that early S1 prices might eventually level off at as much as £10k (clearly ambitious given what we are seeing). Yet Parker's reckons a tidy S1 of 2000 V vintage (ie, at least 2 years newer than the example in question) is worth little more than £5.5k in private sale and £6k at a dealer.
Perhaps Iain Arfur Daley Boag could tell us what Glass's thinks too?
And then we have "the true market" sitting somewhere in between?
I suppose it simply does just come down to the classic economics of what people are prepared to pay for what is an increasingly rare breed.
I cannot see how anyone could imagine a well looked after S1, almost regardless of mileage, can be worth much less than £7k or so, given what the car offers as a "package". Many of them are in better shape than when they left the factory
!!)
