supercar for £7K

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Discussion

PositronicRay

27,043 posts

184 months

Tuesday 16th February 2016
quotequote all
A rough rule of thumb budget 5% p.a. running costs.......from the original list price of the car.

The more unusual the car the less likely you'll be able to get pattern/used/original, parts easily. MB are better than some at keeping good availability for older cars, at a price.

DavidJG

3,551 posts

133 months

Tuesday 16th February 2016
quotequote all
Roberty said:
sparta6 said:
Roberty said:
The same applies to the 928
average £400 per year on my 928 servicing.
928 has a cambelt, not chains.
Cambelt is changed every 4 years or 48,000 miles, whichever is soonest. Belt change is £500 at a specialist.
Culprit of most faults is old Bosch relays, replaced at under £10 each.
Lowest running costs V8 I've ever owned. Built of granite smile
Wow then I'd say you've been damned lucky or I was damned unlucky as my experience of 928 ownership was very different. Had mine just 18 months and it cost me almost as much to maintain as it did to buy!

Roberty said:
I had a 1990 928 S4 about 10 years ago, paid £7.5k for it and run up servicing and maintenance costs of over £6.5k in just 18 months of ownership.
Had a 928 GT (Manual) in the '90s. The biggest bills I had were the cambelt change (done by an OPC) and tyres. Tyres probably had something to do with my driving style though smile

Utterly brilliant car, and I'd happily have another.

Du1point8

21,612 posts

193 months

Tuesday 16th February 2016
quotequote all
DavidJG said:
Roberty said:
sparta6 said:
Roberty said:
The same applies to the 928
average £400 per year on my 928 servicing.
928 has a cambelt, not chains.
Cambelt is changed every 4 years or 48,000 miles, whichever is soonest. Belt change is £500 at a specialist.
Culprit of most faults is old Bosch relays, replaced at under £10 each.
Lowest running costs V8 I've ever owned. Built of granite smile
Wow then I'd say you've been damned lucky or I was damned unlucky as my experience of 928 ownership was very different. Had mine just 18 months and it cost me almost as much to maintain as it did to buy!

Roberty said:
I had a 1990 928 S4 about 10 years ago, paid £7.5k for it and run up servicing and maintenance costs of over £6.5k in just 18 months of ownership.
Had a 928 GT (Manual) in the '90s. The biggest bills I had were the cambelt change (done by an OPC) and tyres. Tyres probably had something to do with my driving style though smile

Utterly brilliant car, and I'd happily have another.
But depending when in the 90s and how the car was... thats like saying I got an almost brand new Ferrari its been the cheapest car on servicing I have ever had, all I had to do was change the tyres from doing 11s down the road... I wouldn't buy my car after me as you will get a £3-4k bill for all the stuff I destroyed and sold it to some poor sod before it hit my wallet.

Alex_225

6,264 posts

202 months

Tuesday 16th February 2016
quotequote all
Buying the car, whichever you go for isn't going to be the problem, running it is a totally different thing though.

I recall when I was 25 thinking that a TVR Tuscan might be an option. I could buy one used for the same price I paid for my new Megane 225.

Then I did my homework and realised that although the car is affordable to buy I would need about £10k aside just in case.

I'm now 33 and am now in a position to own an 8 year old CLS63 in terms of buying and running costs.

There's a lot of cars that provide 'supercar performance' without actually being a Porsche, Ferrari etc and they'll be expensive but realistic to run. If it were me I'd look into something turbocharged that can run 300bhp+. There's a lot out there and plenty of cars won't cripple you if something needs a repair.

Vincefox

20,566 posts

173 months

Tuesday 16th February 2016
quotequote all
Have to declare a conflict of interest here, i actually own an e36 evo.

They're appreciating generally, but in the last 18 months noticably more so.
Theyre a genuine 300+bhp
They're becoming surprisingly rare (think, how often do you see an actual one, in good condition, being driven)
The running costs relative to the performance are pretty good.
They're as fast as some far more expensive stuff.

I'll have a bet that in another 2 years there'll be no such thing as a sub 7 grand one anymore. It's not a supercar,but it does feel pretty special to be in and gets the right kind of attention these days.

Edited by Vincefox on Tuesday 16th February 09:47

austinsmirk

5,597 posts

124 months

Tuesday 16th February 2016
quotequote all
Without being rude, I doubt you could even afford the petrol.

Yes it's £1.00 a litre now, it'll be back to £1.50 soon.

OwenK

3,472 posts

196 months

Tuesday 16th February 2016
quotequote all
I'd like to echo the VX220. My mate has one in bright fk-off acid green (with no Vauxhall badges), it looks every inch the baby Lambo. It's supercharged, so it sounds and goes like an absolute rocket to suit.
Most mechanical parts are generic Vauxhall, some are Lotus and have a bit of a premium - some are VX220 specific and the owners will kill each other with blunt toothbrushes to get hold of them.

Edited by OwenK on Tuesday 16th February 10:19

K666ADM

156 posts

192 months

Tuesday 16th February 2016
quotequote all

Lotus Elan from the 1990's or how about a 80's Excel or Eclat. The added bonus is the car will enable you to learn automotive electronics as well as basic mechanical engineering too.

Other options;
Chrysler Crossfire - a rare sight and underpinned by SLK gubbins.
Fiat Coupe - Italian style for low price and potentially quie powerful in the right 20v turbo level.
Fiat Barrachetta - if you can live in LHD.
Smart / Brabus Roadster - Some minor issues but overall can be fun.

Kit Car - the GTM Libra is in your budget and you would be quite unique sight on the roads.

AH33

2,066 posts

136 months

Tuesday 16th February 2016
quotequote all
MR2 Turbo

Gary29

4,163 posts

100 months

Tuesday 16th February 2016
quotequote all
Well if Mike Brewer said so, then that settles it.

Russ_H

359 posts

223 months

Tuesday 16th February 2016
quotequote all
In terms of looks and performance surely the answer is an RX-7? lick

Regretted selling mine a few years ago - will get into another before the prices go mental

Du1point8

21,612 posts

193 months

Tuesday 16th February 2016
quotequote all
OwenK said:
I'd like to echo the VX220. My mate has one in bright fk-off acid green (with no Vauxhall badges), it looks every inch the baby Lambo. It's supercharged, so it sounds and goes like an absolute rocket to suit.
Most mechanical parts are generic Vauxhall, some are Lotus and have a bit of a premium - some are VX220 specific and the owners will kill each other with blunt toothbrushes to get hold of them.

Edited by OwenK on Tuesday 16th February 10:19
Only issue with this and the Elise... the clams... if remotely tapped at this kind of price the car can become an instant right off as its so expensive to sort or find a new one and make sure it fits, etc.

Ikemi

8,446 posts

206 months

Tuesday 16th February 2016
quotequote all
Russ_H said:
In terms of looks and performance surely the answer is an RX-7? lick

Regretted selling mine a few years ago - will get into another before the prices go mental
As much as I love the RX-7, the OP needs to consider the horrific MPG, potential engine rebuilds and the fact that there are lots of bad examples in circulation.

It's still not a bad suggestion, but the OP needs to find a well looked after example, preferably with an engine rebuild recently done (or a recent compression test) and goes in with eyes wide open if being used as a daily.

Personally, I'd say something along the lines of a pre-2006 350Z (to avoid the c.£500 VED), MR2 Turbo or an Evo 5/6? However as a friend said to me once ...

-Cheap
-Reliable
-Fast

... pick any two.

james_gt3rs

4,816 posts

192 months

Tuesday 16th February 2016
quotequote all
Du1point8 said:
Only issue with this and the Elise... the clams... if remotely tapped at this kind of price the car can become an instant right off as its so expensive to sort or find a new one and make sure it fits, etc.
Can do, but only really a certainty if you get rear ended (rear clam a lot more expensive). My VX220 had a new front clam on insurance last year. It was off the road for over a week, mind.

Piersman2

6,599 posts

200 months

Tuesday 16th February 2016
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brman said:
I have some irrational thing against Porsches but that does appear to be rather good value. So what are the pitfalls of buying a 15 year old Boxster?
Mine cost as much to get right as it was to purchase! smile

Maybe I was unlucky, the most expensive issue was a cracked cylinder head, but putting right the previous owners lack of care/expenditure cost me about £6k in total.


Sump

5,484 posts

168 months

Tuesday 16th February 2016
quotequote all
I'd blow the £7k budget on this OP.

http://www.ebay.co.uk/itm/TRANSPORT-FOR-LONDON-1-D...

BrettMRC

4,106 posts

161 months

Tuesday 16th February 2016
quotequote all
I'd suggest the following....

Soarer 2.5 Twin Turbo (280bhp out of the box and early 90s Lexus build quality)

Quick, rare and getting rarer as the apprentice drifters are running out of 200SX's and Rx7 Turbo II's to ruin...


anonymous-user

55 months

Tuesday 16th February 2016
quotequote all
Sump said:
I'd blow the £7k budget on this OP.

http://www.ebay.co.uk/itm/TRANSPORT-FOR-LONDON-1-D...
Proof positive that money doesn't buy class.

Jasandjules

69,924 posts

230 months

Tuesday 16th February 2016
quotequote all
I guess the question is how do you define a "supercar"?

I mean, an MR2 T-Bar Turbo is reasonably fast and fun...

anonymous-user

55 months

Tuesday 16th February 2016
quotequote all
You could get an excellent Audi D2 or D3 S8. You may be able to squeeze into D4 territory if this purchase is in a few years time.

At least 360BHP, 4 wheel drive, tons of room for everyone and everything. Very capable cars, if not the most dynamic to look at.