THE world recession may be lifting according to some observers, but most markets for motor vehicles remain stubbornly flat.
Classic cars that were changing hands for huge sums in the boom years of the late 1980s plummeted in value in the early 1990s and the demand for the very best motor cars is still slow.
Many classic car dealers have turned to Hongkong as one of the few buoyant economies in the world where people are still prepared to pay high prices for quality goods.
During the boom years, classic cars - especially those with a racing pedigree - were seen as better investments than stocks and bonds.
Prices rose in leaps and bounds, fuelled by speculators and sharp-dealing traders.
But the crash came and the price of classics has now dropped to within reasonable levels.