Future Classics reaching their bottom value

Future Classics reaching their bottom value

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Discussion

untakenname

4,969 posts

192 months

Friday 18th April 2014
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Jaguar XJS, a couple of years ago there were plenty around for shed money, they all seem to start around 5k now for one that's mechanically sound.

coldsnap said:
Saab Viggen (well, i hope so)
How much do they go for? Always wanted one and I've seen the 2.0T hot aero's with the same bumpers for under a grand!

VinceFox

20,566 posts

172 months

Friday 18th April 2014
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Puma's a good shout. Ridiculously cheap atm, nice shape and fun to drive.

wolves_wanderer

12,387 posts

237 months

Friday 18th April 2014
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S Type R's cant drop any more surely?

Lowtimer

4,286 posts

168 months

Friday 18th April 2014
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VinceFox said:
Puma's a good shout. Ridiculously cheap atm, nice shape and fun to drive.
And thinning out very rapidly due to the galloping tin-worm. In a year or so they'll almost all be gone and then the survivors will pick up quite strongly.

cjb1

2,000 posts

151 months

Friday 18th April 2014
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0llie said:
Clio 172 Cup (was looking at these the other day, they seem superb value)
Clio Trophy
As already mentioned, VX220
I have a 2003 '03' 172 for sale, what value do you think it's worth? dark met blue, 80k miles, excellent condition in and out, full history. Standard apart from aftermarket exhaust.

lauda

3,476 posts

207 months

Friday 18th April 2014
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Lowtimer said:
You'd probably have said that about the Mark 1 Granada in the 1990s, and you'd have been wrong. Eventually the very few remaining tidy examples of humdrum everyday cars do start going back up in value. They don't become stupidly expensive but they do find a level. Mark 1 and 2 Cortina. Corsair. Opel Ascona and Commodore.
I agree to an extent. Given enough time to result in genuine scarcity of good examples, most things will find a level and then perhaps go up a bit given the laws of supply and demand. But in my view, a Ford Granada is an old car, not a classic (caveated to say that this is my entirely subjective view).

Liokault

2,837 posts

214 months

Friday 18th April 2014
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lauda said:
Lowtimer said:
You'd probably have said that about the Mark 1 Granada in the 1990s, and you'd have been wrong. Eventually the very few remaining tidy examples of humdrum everyday cars do start going back up in value. They don't become stupidly expensive but they do find a level. Mark 1 and 2 Cortina. Corsair. Opel Ascona and Commodore.
I agree to an extent. Given enough time to result in genuine scarcity of good examples, most things will find a level and then perhaps go up a bit given the laws of supply and demand. But in my view, a Ford Granada is an old car, not a classic (caveated to say that this is my entirely subjective view).
In the op there was no mention of rise in value, the question was about rise in collectibility for cars which have hit rock bottom, not where to make an investment.

Classic doesn't have to equal cash value.

Did the Mark 1 Granada hit rock bottom? Is it collectable? This is the question.

mini turbo

303 posts

194 months

Friday 18th April 2014
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Mk1 focus rs based on values being pretty steady and how RS fords have traditionally gone


Original R53 mini gp works. Values starting to creep and have read several reviews comparing with new gp2 and favouring the gp1 as a more special car


Phase 1 v6 Clio. Again prices have already started to climb and well just look at Renault 5 turbo 2 prices now !


Bmw z3 m coupe. Definite future classic in my opinion. A marmite car to some but very desire able I think

Negative Creep

24,980 posts

227 months

Friday 18th April 2014
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rich888 said:
Renault 5 turbo
Ford XR3
VW Golf GTi MK1

OK just remembered a few more:

Peugeot 205 gti 1.9
Ford RS Turbo
Ford 3.0S Capri

Edited by rich888 on Friday 18th April 00:04
All of them hit their low point many years ago and are now steadily rising in value

veevee

1,455 posts

151 months

Friday 18th April 2014
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rich888 said:
Renault 5 turbo
Ford XR3
VW Golf GTi MK1

OK just remembered a few more:

Peugeot 205 gti 1.9
Ford RS Turbo
Ford 3.0S Capri

Edited by rich888 on Friday 18th April 00:04
All of these are well over their bottom prices now.

Ozzie Osmond

21,189 posts

246 months

Friday 18th April 2014
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Almost no cars ever rise significantly in value once you adjust for inflation. Just a handful of the very rarest manage to acquire the same highly valued status as artworks and such like. Even then, they usually need some sort of "heritage" to generate real value.

One man's future classic is most peoples old tat. Most old cars are fun to see now and again but you wouldn't really want one.

ConorE

317 posts

140 months

Friday 18th April 2014
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Alfa Romeo 156 GTAs seem ridiculously cheap at the moment, especially compared to the 147 GTA. I can really see them rising in price soon.

VinceFox

20,566 posts

172 months

Friday 18th April 2014
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The way ive always looked at it is by buying at bottom it offsets depreciation and accounts for maintenance/repair costs when they rise. For easy maths i sold my capri recently for 2500 quid. I bought it twenty years ago for 550.

coldsnap

867 posts

159 months

Friday 18th April 2014
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untakenname said:
Jaguar XJS, a couple of years ago there were plenty around for shed money, they all seem to start around 5k now for one that's mechanically sound.

coldsnap said:
Saab Viggen (well, i hope so)
How much do they go for? Always wanted one and I've seen the 2.0T hot aero's with the same bumpers for under a grand!
Prices are all overr the place; ones needing work either side of 2k, dealers about 5k, great examples even more.
I've been looking for one for about 3 months, a coupe, ever since one overtook me!
I always liked Saabs, but had to get one, so come Sunday i'll hopefully be driving up the M6 in one smile


hungry_hog

2,238 posts

188 months

Friday 18th April 2014
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996 turbo. I can't see these dropping much.

996 GT2 have already started to appreciate compared with two years ago. As they get even more scarce (only 6 on sale in the classifieds) people will look at the turbos.

daemon

35,823 posts

197 months

Friday 18th April 2014
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Porsche 944


TheInternet

4,717 posts

163 months

Friday 18th April 2014
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There is almost always a looong wait between hitting rock bottom and onset of any significant appreciation, typically 5 - 10 years.

hoegaardenruls

1,219 posts

132 months

Friday 18th April 2014
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Values of the original Audi RS4 (B5) bottomed out a year or so ago.

There are quite a few being broken for parts now which will only firm up vaulues for good examples.

H100S

1,436 posts

173 months

Friday 18th April 2014
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H100S said:
456
Renault sport spider
Z4M
Aston Martin DB7 more V12 loveliness look a great buy too.
So do early Jaguar XJS V12 depending on colour and history.

Pulse

10,922 posts

218 months

Friday 18th April 2014
quotequote all
Z4M, without a doubt (already holding strong the last 2 years). Moreso the coupe though.



VX220, without a doubt (already going up in value over the last year or so). I think the turbo will actually hold as something very special, rather than the NA.



Mk3 MR2, perhaps. Rare, never had a successor, and quite 'specialist'.

Untitled by IK-Photo, on Flickr