Military Vehicle Market
Nigel Hay’s round-up of the military vehicle market
It’s autumn and thankfully fuel prices have dropped, but the current economic climate is probably making some collectors think twice about what to keep and what to sell. Currently, there are a large number of military vehicles on the market, and there are encouraging reports of sales.
There has been a resurgence in sales of CVRTs recently; there are more now available on the market than we have seen for some years. Although a large number have been snatched up to go to Ukraine, we have still seen a wide selection of these renowned reconnaissance vehicles on sale; including an FV103 Spartan at £22,500, a Sultan at £40,000 and a Scimitar at £55,000.
This shows a marked increase in asking prices. Likewise, as we go to press, GPSV is auctioning several CVRTs – including Cumming’s engine Scimitars from UK MoD stocks in Germany.
The tracked FV180 combat engineer tractor (CET) is likely the most unprofitable military vehicle of all time. At a production cost of reportedly £1m each, there have only been around 200 ever made by Royal Ordnance Factories, and these have been sold off for next to nothing.