Hot hatches as an investment? Give me your opinions!
Discussion
ThingsBehindTheSun said:
You have just reminded me, when I owned my Fiat Uno Turbo my friend owned a Red G reg RS turbo with 75K on the clock that he paid £4K for. He ended up doing a further 75K miles in that car and it eventually failed it's MOT due to corrosion around 2002 and got left in his works car park
After about six months his work got sick of it being there and he sold it to someone he worked with for £400.
It is amazing what you could pick up for peanuts back then, as I said I sold a fully working 205 GTi with MOT for £1K.
No one wanted them, I remember looking at Cosworths in Auto trader for £5K as nobody could get insurance for them.
Yep, you could get a Sapphire for 3k at one point and an E30 M3 for about the same.After about six months his work got sick of it being there and he sold it to someone he worked with for £400.
It is amazing what you could pick up for peanuts back then, as I said I sold a fully working 205 GTi with MOT for £1K.
No one wanted them, I remember looking at Cosworths in Auto trader for £5K as nobody could get insurance for them.
Remember my friend getting a 190E 2.3-16 Mercedes for what is now Shed Budget on here
GreatGranny said:
The best tornado red manual MK5 GTI with heated cloth seats and 'normal' wheels you can find.
If it's done under 100k miles that's a bonus.
There are a lot of crap ones out there but IMO the good ones will always be in demand.
Agreed. I'd also include the White one with the red grill detail. I think they are even nicer looking. If it's done under 100k miles that's a bonus.
There are a lot of crap ones out there but IMO the good ones will always be in demand.
s m said:
Yep, you could get a Sapphire for 3k at one point and an E30 M3 for about the same.
Remember my friend getting a 190E 2.3-16 Mercedes for what is now Shed Budget on here
I’ve done that also, dealer in my villages used to sell just e30 m3’s - ropey ones 4k, 2.5 limited edition were 12k from memory.Remember my friend getting a 190E 2.3-16 Mercedes for what is now Shed Budget on here
bennno said:
s m said:
Yep, you could get a Sapphire for 3k at one point and an E30 M3 for about the same.
Remember my friend getting a 190E 2.3-16 Mercedes for what is now Shed Budget on here
I’ve done that also, dealer in my villages used to sell just e30 m3’s - ropey ones 4k, 2.5 limited edition were 12k from memory.Remember my friend getting a 190E 2.3-16 Mercedes for what is now Shed Budget on here
bennno said:
s m said:
Yep, you could get a Sapphire for 3k at one point and an E30 M3 for about the same.
Remember my friend getting a 190E 2.3-16 Mercedes for what is now Shed Budget on here
I’ve done that also, dealer in my villages used to sell just e30 m3’s - ropey ones 4k, 2.5 limited edition were 12k from memory.Remember my friend getting a 190E 2.3-16 Mercedes for what is now Shed Budget on here
InformationSuperHighway said:
I bet back in the day folks were like 'Oh those Sapphires will never be worth anything, they made loads of them' etc...
You couldn’t insure them at one point, they were £1.5-2k unsalable cars.Still a Dagenham Dustbin today - a nice e30 m3 or 2.5 16 however…..
bennno said:
You couldn’t insure them at one point, they were £1.5-2k unsalable cars.
Still a Dagenham Dustbin today - a nice e30 m3 or 2.5 16 however…..
Both the E30 M3 and 190 2.5 are wheezy sloths in comparison to a nice saph cossie. The former even has the same primitive rear trailing arm suspension design Still a Dagenham Dustbin today - a nice e30 m3 or 2.5 16 however…..
Been thinking about this a bit more today. The stuff that makes serious money today is mostly ‘70s to ‘80s with a few ‘90s cars starting to show real rises, so you’re looking at a 30 to 50yr timeframe. This, of course, corresponds as others have said, with people who wanted one back in the day being mortgage free, getting inheritances and pension lump sums etc so having the cash to indulge themselves.
There doesn’t seem to be the same car culture there was today (or 10 yes ago) so I wonder if there will be many people about in 2060 to fuel big rises in value. Couple that with longer mortgage terms, higher pension ages and poorer investment returns for current 20 to 40 yr olds, poor parts availability, technical expertise reducing, fuel availability, punitive taxation, and I think you’re going to struggle to see any significant investment potential in a ‘10 hot hatch. Supply will probably outweigh demand, as they don’t rot like stuff from the olden days.
There doesn’t seem to be the same car culture there was today (or 10 yes ago) so I wonder if there will be many people about in 2060 to fuel big rises in value. Couple that with longer mortgage terms, higher pension ages and poorer investment returns for current 20 to 40 yr olds, poor parts availability, technical expertise reducing, fuel availability, punitive taxation, and I think you’re going to struggle to see any significant investment potential in a ‘10 hot hatch. Supply will probably outweigh demand, as they don’t rot like stuff from the olden days.
Edited by v9 on Monday 20th May 19:26
I have to say that you shouldn't look at these as an investment if you choose a certain car try to find the best example with good history/condition & you won't lose a lot.
https://www.autotrader.co.uk/car-details/202402226...
Leftfield, if you don't mind a CAT car then you could land this cracking GTC VXR but if you do go for one then do YOUR checks:
https://www.autotrader.co.uk/car-details/202404309...
https://www.autotrader.co.uk/car-details/202402226...
Leftfield, if you don't mind a CAT car then you could land this cracking GTC VXR but if you do go for one then do YOUR checks:
https://www.autotrader.co.uk/car-details/202404309...
v9 said:
Been thinking about this a bit more today. The stuff that makes serious money today is mostly ‘70s to ‘80s with a few ‘90s cars starting to show real rises, so you’re looking at a 30 to 50yr timeframe. This, of course, corresponds as others have said, with people who wanted one back in the day being mortgage free, getting inheritances and pension lump sums etc so having the cash to indulge themselves.
There doesn’t seem to be the same car culture there was today (or 10 yes ago) so I wonder if there will be many people about in 2060 to fuel big rises in value. Couple that with longer mortgage terms, higher pension ages and poorer investment returns for current 20 to 40 yr olds, poor parts availability, technical expertise reducing, fuel availability, punitive taxation, and I think you’re going to struggle to see any significant investment potential in a ‘10 hot hatch. Supply will probably outweigh demand, as they don’t rot like stuff from the olden days.
I think there have been other forces at play too:There doesn’t seem to be the same car culture there was today (or 10 yes ago) so I wonder if there will be many people about in 2060 to fuel big rises in value. Couple that with longer mortgage terms, higher pension ages and poorer investment returns for current 20 to 40 yr olds, poor parts availability, technical expertise reducing, fuel availability, punitive taxation, and I think you’re going to struggle to see any significant investment potential in a ‘10 hot hatch. Supply will probably outweigh demand, as they don’t rot like stuff from the olden days.
Edited by v9 on Monday 20th May 19:26
Modern cars have got expensive and dull.
Classic cars and bikes have been cheap to own and run.
the top end of the market has been driven by distrust in conventional investments, making people consider art, fine wine, anything that's in limted supply like ferraris...This trickled down to anything 'special' then jsut anything 'old'.
I think early some 2000's cars will get rare and desirable, simply because so many are being scrapped even as we speak.
They might not rust (many do though!) , but they have other ways of becoming 'beyond economical repair'.
I'd probably go for something with a healthy enthusiast community around it - the Mk5 Golf GTi is a good shout, but if it was me I'd be looking for a 130i.
You'll get the odd bore saying it isn't a hot hatch, despite being a hatchback with a properly decent turn of pace, but they haven't depreciated in a while and we won't see a RWD hatch with a straight 6 up front ever again - the noise and the easy availability of a manual box are just the icings on the cake.
You'll get the odd bore saying it isn't a hot hatch, despite being a hatchback with a properly decent turn of pace, but they haven't depreciated in a while and we won't see a RWD hatch with a straight 6 up front ever again - the noise and the easy availability of a manual box are just the icings on the cake.
bodhi said:
I'd probably go for something with a healthy enthusiast community around it - the Mk5 Golf GTi is a good shout, but if it was me I'd be looking for a 130i.
You'll get the odd bore saying it isn't a hot hatch, despite being a hatchback with a properly decent turn of pace, but they haven't depreciated in a while and we won't see a RWD hatch with a straight 6 up front ever again - the noise and the easy availability of a manual box are just the icings on the cake.
I’ve had three 130is and sold my most recent one over the weekend for more than I bought it for in 2020 and more than my previous one cost in 2015. I wouldn’t bank on values going up hugely, but I’d imagine decent ones should retain their value relatively well going forwards, as there’s nothing equivalent these days bar the M135i/M140i, which are much less analogue…You'll get the odd bore saying it isn't a hot hatch, despite being a hatchback with a properly decent turn of pace, but they haven't depreciated in a while and we won't see a RWD hatch with a straight 6 up front ever again - the noise and the easy availability of a manual box are just the icings on the cake.
Road tax prices are completely out of our control and if the government want older cars off the road they will just keep putting it up. This will eat into profit margin and reduce future demand for older cars? I know you can sorn stuff over the winter, etc.
I can't imagine who would buy an old rx8
http://www.autotrader.co.uk/car-details/2024051998...
I can't imagine who would buy an old rx8
http://www.autotrader.co.uk/car-details/2024051998...
bodhi said:
I'd probably go for something with a healthy enthusiast community around it - the Mk5 Golf GTi is a good shout, but if it was me I'd be looking for a 130i.
You'll get the odd bore saying it isn't a hot hatch, despite being a hatchback with a properly decent turn of pace, but they haven't depreciated in a while and we won't see a RWD hatch with a straight 6 up front ever again - the noise and the easy availability of a manual box are just the icings on the cake.
Definitely - I wish I had bought one instead of my current 330i! You'll get the odd bore saying it isn't a hot hatch, despite being a hatchback with a properly decent turn of pace, but they haven't depreciated in a while and we won't see a RWD hatch with a straight 6 up front ever again - the noise and the easy availability of a manual box are just the icings on the cake.
Then again it looks like manual E46 325ti Compacts are the predecessor. I didn't quite get £1,500 for mine in early 2019, but now they seem to be in the £3/4K bracket.
I think maybe the best hot hatches from the early 2000s might be a decent bet - RS Focus prices are higher than they were, so STs might follow that trend.
They ( Ford dealer ) had mk7 st200 fiesta at 17k + & that’s sold within a week by the look of it , I prefer my mrs spirit blue st to be honest , but even though hers is , 66 plate , mint , 20 k miles , everything , camera / sensors etc , I couldn’t see it going for much more than 10/ 11 k on a forecourt
So I’d go for a Ltd edition of something , st 200 seems to have gone up in value
So I’d go for a Ltd edition of something , st 200 seems to have gone up in value
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