Classic cars are purchases of passion: Bonhams
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David Bond, spokesperson at classic car insurance specialist Footman James predicts classic cars could be used in “different ways” after the 2030 petrol and diesel car ban. Meanwhile, the next year could be difficult for classic car owners with the launch of E10 fuel in September which is not compliant with historic vehicles.
Many owners are also contemplating selling their models after new Clean Air Zones will charge owners to drive polluting cars inside city centres.
Mr Bond warned ownership of classic models was likely to slightly alter but said historic models would not be going anywhere.
He predicts the industry will be “adaptable” to situations to overcome difficulties over the next decade.
Speaking to Express.co.uk, he said: “There’s always those challenges ahead. We need to be adaptable.
“You can see that adaptability happening, it’s going to be a very long time before there are no diesel or petrol cars.
“If you think about how many have been built over the last decade versus stopping those in 2030.”
He added: “Yes there are going to be challenges, things will change.
“But even on the E10 petrol there are different views on additives being added in, what impact it will have on certain vehicles.
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“There’s a lot of concern but what we need to do is take those concerns seriously but learn to adapt.
“We may use these vehicles in different ways, maybe more trackdays, more off-roading.
“We may use those vehicles differently in the future but it’s in the DNA.
“There is a passion there and its hearts and minds, that doesn’t go away. People will always want to drive vehicles.
“Ownership may change, you may go to a storage facility and then you drive vehicles at weekends.
“The way we use and own those vehicles, the types of vehicles may change.
“But if you look, it’s a multi-billion pound industry with over 100,000 employed in it.
“So we will find ways to make sure this industry carries on.”
The Historic and Classic Vehicle Alliance (HCVA) was formed last month to warn how historic vehicles were under “threat”.
They warned classic cars risk being banished from the roads by legislation changes.
The HCVA said this was down to “misunderstandings” about classic cars impact on the environment.
Confusion around Brexit rules and other issues mean it was time for “urgent action” to protect car owners.
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