Fun 5k car, worth the same in 12 months
Discussion
Sorry people, another what-car but, as always, this is my first stop after the classifieds.
I started a thread a while back about buying an e46 M3 but for a few reasons have not ended up doing it. Namely we may now be in a position to buy a house in the next 12 months so have been weighing up where money should go.
I've decided to still scratch the itch but (hopefully) buy a bit wiser. This means I'd like a fun car at 5k that isn't going to depreciate or give me too much trouble until the time comes to sell. I'll probably only put 5k miles on it a year and can service myself so running costs not too great an issue.
I have a mk1 MX5 at the moment so no mx5 suggestions please
Only thing I've really considered so far is an e36 M3. It seems you can get some in decent condition for that kind of money but no idea how running costs compare to the e46 I was considering last year.
So, what are my options? I'd love something a bit different but also want a step up in performance from the MX5.
ETA: If it benefits from history I'll get it serviced by a specialist rather than doing it myself.
I started a thread a while back about buying an e46 M3 but for a few reasons have not ended up doing it. Namely we may now be in a position to buy a house in the next 12 months so have been weighing up where money should go.
I've decided to still scratch the itch but (hopefully) buy a bit wiser. This means I'd like a fun car at 5k that isn't going to depreciate or give me too much trouble until the time comes to sell. I'll probably only put 5k miles on it a year and can service myself so running costs not too great an issue.
I have a mk1 MX5 at the moment so no mx5 suggestions please
Only thing I've really considered so far is an e36 M3. It seems you can get some in decent condition for that kind of money but no idea how running costs compare to the e46 I was considering last year.
So, what are my options? I'd love something a bit different but also want a step up in performance from the MX5.
ETA: If it benefits from history I'll get it serviced by a specialist rather than doing it myself.
Edited by Alapeno on Thursday 16th January 11:26
High mileage 130i. With your mileage you won't add much miles on so shouldn't depreciate too much in that time.
Would suggest a 330i coupe but obviously out of reach even if high mileage.
Or Clio 197? Might depreciate a bit too much though...
Would suggest a 330i coupe but obviously out of reach even if high mileage.
Or Clio 197? Might depreciate a bit too much though...
Edited by lewisf182 on Wednesday 15th January 09:07
If looking for a second car and you have a garage then a TVR S Series or Wedge would be great fun. Some don't and manage to use them as dailies, but that would be up to you. Simple to look after and you should be able to sell on for the same as you bought it for. That's if you could bring yourself too! Classic insurance as a second car is dirt cheap which is a bonus. A Chimaera for 5k would have far more chance of pain as you would be buying right at the bottom of the market.
Good luck with the search, plenty of interesting metal for your budget
Good luck with the search, plenty of interesting metal for your budget
Edited by The Big G on Wednesday 15th January 09:09
Alapeno said:
service myself
If you're talking very short term resale you'll probably want to maintain verifiable history to protect as much value as possible. Particularly with what is likely to be an enthusiast type vehicle.EDIT: Something like this
http://www.pistonheads.com/classifieds/used-cars/h...
Edited by Dr G on Wednesday 15th January 09:14
Dr G said:
If you're talking very short term resale you'll probably want to maintain verifiable history to protect as much value as possible. Particularly with what is likely to be an enthusiast type vehicle.
EDIT: Something like this
http://www.pistonheads.com/classifieds/used-cars/h...
Realised that after I typed it, good point. I don't mind paying for a service for a bit of history really. EDIT: Something like this
http://www.pistonheads.com/classifieds/used-cars/h...
Edited by Dr G on Wednesday 15th January 09:14
So that's 2 votes for an Integra.
Anyone any opinion on these?
Alapeno said:
Sorry people, another what-car but, as always, this is my first stop after the classifieds.
I started a thread a while back about buying an e46 M3 but for a few reasons have not ended up doing it. Namely we may now be in a position to buy a house in the next 12 months so have been weighing up where money should go.
I've decided to still scratch the itch but (hopefully) buy a bit wiser. This means I'd like a fun car at 5k that isn't going to depreciate or give me too much trouble until the time comes to sell. I'll probably only put 5k miles on it a year and can service myself so running costs not too great an issue.
I have a mk1 MX5 at the moment so no mx5 suggestions please
Only thing I've really considered so far is an e36 M3. It seems you can get some in decent condition for that kind of money but no idea how running costs compare to the e46 I was considering last year.
So, what are my options? I'd love something a bit different but also want a step up in performance from the MX5.
You were right first time. E36 m3. Get a good one and it'll hold.I started a thread a while back about buying an e46 M3 but for a few reasons have not ended up doing it. Namely we may now be in a position to buy a house in the next 12 months so have been weighing up where money should go.
I've decided to still scratch the itch but (hopefully) buy a bit wiser. This means I'd like a fun car at 5k that isn't going to depreciate or give me too much trouble until the time comes to sell. I'll probably only put 5k miles on it a year and can service myself so running costs not too great an issue.
I have a mk1 MX5 at the moment so no mx5 suggestions please
Only thing I've really considered so far is an e36 M3. It seems you can get some in decent condition for that kind of money but no idea how running costs compare to the e46 I was considering last year.
So, what are my options? I'd love something a bit different but also want a step up in performance from the MX5.
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