The day after - how the world changed for classic car owners
It is unbelievable how a decision by a national bank, in this case the Swiss National Bank, can set off a chain reaction. On the same day, the Swiss received an email from a classic car dealer in England, who announced that his cars were now around 14% cheaper for a buyer in Zurich or Bern.
One man's joy, another man's sorrow. Swiss people willing to sell a classic car are now being offered around a sixth less for their car by their neighbors in the Eurozone, i.e. from the Eurozone's point of view, Swiss classic cars have now simply become too expensive in many cases. However, since a large part of the market thinks in euros, US dollars or British pounds, Swiss cars will simply have to become cheaper over time in order to be "competitive". So these are bad times for sellers, but good times for buyers, because from a Swiss perspective, the Baillon barn finds in Paris ( e.g. the Amiilcar CGSS, auctioned by Artcurial on February 6, 2015, see picture) are now easily around 15% cheaper.
