Cars to buy now and keep (whilst prices are sensible)

Cars to buy now and keep (whilst prices are sensible)

Author
Discussion

greenarrow

Original Poster:

3,582 posts

117 months

Saturday 14th January 2017
quotequote all
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?

Emeye

9,773 posts

223 months

Saturday 14th January 2017
quotequote all
I don't think any of those cars will be worth decent money in future unless immaculate of a desirable limited edition. But what do I know? hehe

ecsrobin

17,104 posts

165 months

Saturday 14th January 2017
quotequote all
With the clio's I'd expect only the limited runs would start appreciating in years to come. So phase 1 would be the 172 exclusive, phase 2 clip trophy, phase 3 gordini, silverstone, Australian, 20th anniversary, raider, red bull.

M3Gar

614 posts

123 months

Saturday 14th January 2017
quotequote all
If S2 prices are anything to go by then the Audi Cabriolet may be worth a punt. Prices are at rock bottom right now, so can only go up IMO.

anonymous-user

54 months

Saturday 14th January 2017
quotequote all
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" hehe

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.

mikey P 500

1,239 posts

187 months

Saturday 14th January 2017
quotequote all
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.

Granfondo

12,241 posts

206 months

Saturday 14th January 2017
quotequote all
Low mileage BMW M3 V8 manual.

bearman68

4,652 posts

132 months

Saturday 14th January 2017
quotequote all
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?)

psychoR1

1,069 posts

187 months

Saturday 14th January 2017
quotequote all
Mk2 Mr2's are a safe bet - turbo's holding value and NA's cant get any cheaper.
Reasonably resistant to rust and all diy able with a few specialists.

DonkeyApple

55,193 posts

169 months

Saturday 14th January 2017
quotequote all
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.

SidewaysSi

10,742 posts

234 months

Saturday 14th January 2017
quotequote all
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.

Leins

9,462 posts

148 months

Saturday 14th January 2017
quotequote all
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 palatable

greenarrow

Original Poster:

3,582 posts

117 months

Sunday 15th January 2017
quotequote all
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....

*Al*

3,830 posts

222 months

Sunday 15th January 2017
quotequote all
Maybe the Z4 E85s and almost certainly the Z4 E86 coupe as numbers were limited. Fantastic ageless cars with the 3.0 I6 engine.

HedgeyGedgey

1,281 posts

94 months

Sunday 15th January 2017
quotequote all
I think it's always gonna be hard to estimate what cars are an investment. From the evidence so far it doesn't have to be a good car, a rare car or anything particularly special. Remember a car is only worth what someone will pay for it

akirk

5,385 posts

114 months

Tuesday 17th January 2017
quotequote all
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 smile

DonkeyApple

55,193 posts

169 months

Wednesday 18th January 2017
quotequote all
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 smile
Aren't we all allowed one such post per annum? smile

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.

CaptainSensib1e

1,434 posts

221 months

Wednesday 18th January 2017
quotequote all
You can still get a BMW 8 series for sensible money, surely prices can only go up?