Re: Historic Vehicle classification
Reply #3 –
I'm pretty sure they'll do whatever they can to get out of giving you a free pass.
Though the chances of getting stopped in an exempt vehicle are pretty low.
Nowadays, mk2s are all peoples 2nd or 3rd cars, so they're not used a huge amount and unless you're misbehaving, the police would leave you alone.
In the late 90s I was being pulled over every other week (no exaggeration) by the police. Don't think I've been pulled over for over 10 years now. And yes, I personally qualify for MOT exemption too!!
As for the value of highly modified cars, they'll always hit a ceiling.
For a long time an engine swap would double the value over a standard car.
As they get older and rarer, the stock ones will become more and more valuable.
For example, my red one is insured for 4k more than my blue one, despite it being a 3.2 with nigh on every component upgraded.