Cheap fun car as an investment
Discussion
dai1983 said:
Timing belts on a RS Clio costs about £600 every 4 years with Aux belts every two years. The Renault timing tools are £150 and aftermarket ones are meant to be crap/missing essential components.
5 years for each or 72k miles and 36k miles.If it's just the belts and you're not doing the dephaser, water pump etc. then you should be plenty less than £600.
I'd be surprised if a good Clio Trophy in 10 years time wasn't worth a few quid more. They'll be even rarer by then too.
Edited by Patrick Bateman on Friday 23 September 10:22
I think you've missed the boat on most of the cars mentioned above, (as there all cars I've considered in the past).
S2000, VX220, Elise, Racing Puma, All ford RS/XR etc, all of these are now considerably more expensive than they were 3, 4, or 5 years ago.
Boxster though is a good shout, still criminally cheap - a really early 2.5 is not expensive to buy and run and can be had from about 3 grand for a reasonable one. Paid 4 for my later 2.7. Can't ever be worth less, Shirley.
S2000, VX220, Elise, Racing Puma, All ford RS/XR etc, all of these are now considerably more expensive than they were 3, 4, or 5 years ago.
Boxster though is a good shout, still criminally cheap - a really early 2.5 is not expensive to buy and run and can be had from about 3 grand for a reasonable one. Paid 4 for my later 2.7. Can't ever be worth less, Shirley.
Spare tyre said:
Looking at buying a cheap fun car as a semi investment, not expecting to make 1000s, just something that would rise slowly, ideally I'm thinking 10 years owning it minimum
At the moment I am thinking Clio trophy or s2000
It will be garaged
Any thoughts on the those two or anything else
Thankyou
S2000 is as good a guess as any. Thing is, good ones are already pricey, and cheap ones are going to stay cheap unless you spend £££££ on them - which obviously rules out the 'investment' part of your plan. I made a profit (by accident, I hasten to add) from an insurance company by crashing my S2000, my plan was to make about £4k over two years and looking at the prices of them recently, I'd have been on target - I made about £2k profit between my purchase cost and what the insurer paid out when I crashed it. I wasn't really counting but I probably spent maybe £5-750 on jobs and maintenance over and above insurance and running costs, so it wasn't mega lucrative.At the moment I am thinking Clio trophy or s2000
It will be garaged
Any thoughts on the those two or anything else
Thankyou
I'd suggest maybe an Alfa GTV or even V6 GTs and Breras might be OK options, depending what you mean by 'cheap'. Or GTA 156/147s?
Mk5 Golf GTI / R perhaps?
Edited by forzaminardi on Friday 23 September 12:05
Good condition Toyota Supra n/a manual and Porsche 996 Carrera manual (both Turbo models are too expensive already). Great cars to drive and they are still reasonable priced. Lowish running costs, great heritage and both looks good. And they are reasonable fast (996 0-60 5 and Supra 6 seconds) compared to other options.
I dont know if the Carrera prices are already up, but they will go up eventually. Prices of the n/a Supra is already going up but you can still have a good car with 6-7 thousand pound.
I dont know if the Carrera prices are already up, but they will go up eventually. Prices of the n/a Supra is already going up but you can still have a good car with 6-7 thousand pound.
LasseV said:
I dont know if the Carrera prices are already up, but they will go up eventually.
Leins said:
The Crack Fox said:
Mk2 Golf GTI 16V, big bumper, 3 door, oak green on BBS wheels. Original as possible. How much are they now?
Would be nice though
The Crack Fox said:
Mk2 Golf GTI 16V, big bumper, 3 door, oak green on BBS wheels. Original as possible. How much are they now?
Bin off the requirement for Oak Green, it's over rated and yes I have owned a oak green one along with a dozen silver,blue, red ones so know a little bit about these things.Find one in any colour in good condition and it will appreciate over the next few years. As an example barely 3 years ago you could find many MK2 GTI 8 & 16v cars with MOT in usable condition for around £500-700, now ones that may not even have an MOT & require a chunk of work are selling for £1k.
£3k still gets you a good example of a GTI 8 or 16v (I'd recommend going for a good condition 16v in big or small bumper form ) , £4-6 for something special.
Another alternative is a VW Corrado, they won't get any cheaper!!!
Patrick Bateman said:
5 years for each or 72k miles and 36k miles.
If it's just the belts and you're not doing the dephaser, water pump etc. then you should be plenty less than £600.
I'd be surprised if a good Clio Trophy in 10 years time wasn't worth a few quid more. They'll be even rarer by then too.
My mistake being a year out but my understanding is that Renault recommend doing the aux belt and pullys etc twice as often as the timing due to issues where they snapped and took the timing belt with it. If your going to the effort/cost of stripping it all down then you may as well do the pump and dephaser too eating into any potential gains in value.If it's just the belts and you're not doing the dephaser, water pump etc. then you should be plenty less than £600.
I'd be surprised if a good Clio Trophy in 10 years time wasn't worth a few quid more. They'll be even rarer by then too.
Edited by Patrick Bateman on Friday 23 September 10:22
dai1983 said:
If your going to the effort/cost of stripping it all down then you may as well do the pump and dephaser too eating into any potential gains in value.
If they've not been done already I'd agree but if they were already done at the last full belt change I wouldn't bother. I had them done on my Trophy when it was due its cambelt at 10 years old and there was nothing wrong with either.I'd imagine most Trophies at this age will have had both replaced.
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