IT’S a phrase sellers are loving and keen buyers are dreading: COVID tax. It’s hit all areas of the car market pretty hard in the past 12 months or so, but the worst by far has been the skyrocketing classic market.
The recent results from a Grays classic car auction are stone-cold proof of this, the major headline being Peter Brock’s personal HDT VK Group A road car, which sold for $1,057,509 before buyer’s premium.
It was joined by a V8 XE Fairmont, which was not only the last XE fitted with a V8 before Ford canned them, but had also never been sold privately. With just 60km on the ticker, it went for $354,759, along with a shed-find RPO 83-spec XA GT hardtop, which reached $276,009 – both those…