Cars to buy now and keep (whilst prices are sensible)
Discussion
Okay, so the classic car boom has put most desirable stuff from the 80s and 90s out of reach for many....so I was wondering what cars you would buy and keep which are available at reasonable prices. The sort of stuff that you can't buy any more.
For me, a late E90 straight six 325/330i has got to be worth a punt...also an Accord Type R or Civic Type R with a n/a engine....and of course any pre 4 cyl turbo engine Boxster or Cayman!!- tiny hot hatches such as the Clio 182 won't be done again and are VERY cheap at the moment.... What else?
For me, a late E90 straight six 325/330i has got to be worth a punt...also an Accord Type R or Civic Type R with a n/a engine....and of course any pre 4 cyl turbo engine Boxster or Cayman!!- tiny hot hatches such as the Clio 182 won't be done again and are VERY cheap at the moment.... What else?
It'll be 20 years before an E90 bottoms out and starts appreciating, and it might never do so in any meaningful way. A 3 series now is a much less desirable and unusual thing than an E30 was back in the day, hence there is no serious interest in any non M3 E36 even 20 years after they went out of production. I can't imagine how wk your daily driver would have to be for you to keep a modern 3 series as your "special classic"
I decided to buy a Jaguar XJS while they were still available nice and cheap. People have been saying they're a sure fire future classic for 10 years, and yet a decent late model 6.0 coupe can only fetch £10k now rather than £6k a decade ago. I personally don't feel they are ever going to skyrocket but you shouldn't lose money. Maybe a Pre HE 5.3 or a late convertible, the 1994 on 6 litre convertibles never really depreciated below about £20k.
Audi Cabriolet is a good shout as a good usable classic. Same goes for a pre GM Saab 900.
I decided to buy a Jaguar XJS while they were still available nice and cheap. People have been saying they're a sure fire future classic for 10 years, and yet a decent late model 6.0 coupe can only fetch £10k now rather than £6k a decade ago. I personally don't feel they are ever going to skyrocket but you shouldn't lose money. Maybe a Pre HE 5.3 or a late convertible, the 1994 on 6 litre convertibles never really depreciated below about £20k.
Audi Cabriolet is a good shout as a good usable classic. Same goes for a pre GM Saab 900.
You want every day cars not a boxster or caymans. A mk1 golf or escort now is worth more than Porsche 924 or 944. The sort of car no one keeps hold of at 10 to 15 years because they are not special then one day there is none left. Everyone wants a car they remember from their childhood, so the more mainstream the better and cheaper to buy.
I was having this conversation the other day. A non petrolhead went into an orgasm of delight about a Mk2 MR2. He remembered having on, and therefore all the fun he had in it. That's the definition of future classic I think. It's what people will pay to bring back their fun times as a young man. So what is being driven now as a desirable young mans car? - that will be a future classic one day. (Just my opinion mind,and what do I know?)
SidewaysSi said:
Another week, yet another value appreciation thread.
You won't make money on many cars at this level when you account for running costs.
I sold my 205 GTI in 2005 for £1000. If I hung onto it all these years, mileage woild be nearing 200k and insurance alone probably best part of £5k.
This. Best you can hope for is any projected value increase can make expenditure more palatableYou won't make money on many cars at this level when you account for running costs.
I sold my 205 GTI in 2005 for £1000. If I hung onto it all these years, mileage woild be nearing 200k and insurance alone probably best part of £5k.
SidewaysSi said:
Another week, yet another value appreciation thread.
You won't make money on many cars at this level when you account for running costs.
I sold my 205 GTI in 2005 for £1000. If I hung onto it all these years, mileage woild be nearing 200k and insurance alone probably best part of £5k.
Ahh, I perhaps didn't phrase the OP carefully enough. Its not a thread about which cars are going to go up in value, more a thread about which cars (the sort that you wont be able to buy any more) are worth buying whilst they are cheap to drive and enjoy....if they go up in value that's just a bonus....You won't make money on many cars at this level when you account for running costs.
I sold my 205 GTI in 2005 for £1000. If I hung onto it all these years, mileage woild be nearing 200k and insurance alone probably best part of £5k.
DonkeyApple said:
Forget cars. The cost of storage is too high. Buy up the key parts that are complex to manufacture and will be needed to restore the limited production models. Very cheap to store, easier to hedge, cheaper to sell and usually increase in value far more.
I didn't think that common sense was allowed on PH akirk said:
DonkeyApple said:
Forget cars. The cost of storage is too high. Buy up the key parts that are complex to manufacture and will be needed to restore the limited production models. Very cheap to store, easier to hedge, cheaper to sell and usually increase in value far more.
I didn't think that common sense was allowed on PH To be fair to the OP, it has transpired that I misunderstood the intent of his post that it was about cars to use and consume rather than lock away for profit.
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