Best Investment?

Author
Discussion

DarkHorseTerence

Original Poster:

583 posts

240 months

Thursday 31st July 2014
quotequote all
Which of the following do you think represents the best potential for value increase in the next 2 years?

1) Ferrari 355 - Say 35k on the clock, current value £45-50k

2) E46 CSL - Say 40k on the clock, current value £35k

3) E9 CSL - mid range car, current value £40k

4) Porsche 911 Turbo (930) - mid mileage car, current value £40k

5) Mercedes SL (W107) - say 70k on the clock, current value £15k ish

I suspect any dealer selling any of these will extoll the virtues of them as a "cast iron investment, appreciating assets" and all that, but what do we REALLY think will happen??

.... bearing in mind, none of these cars are super low mileage one owner from new museum pieces....


DarkHorseTerence

Original Poster:

583 posts

240 months

Friday 1st August 2014
quotequote all
I'm not so sure the bubble is going to burst in the same way it did before, in the same way I don't think we will experience a global recession as hard as the one we have just been through....

I think cars will be harder to sell and the market may drop for cars in less desirable mileages but I don't see a massive value adjustment. Global governments are much more savvy at building sustainable recoveries and now we have seen a re-adjustment to expectations out of China/India I think there is reason to be optimistic of sustained global economic growth for the next 4-5 years.

I was interested to see folks opinions on the relative desirability of the list.

I did a straw poll on a few friends with the E9 and all of them were "meh" which really surprised me.

The 911 seems to split opinion.....

I don't figure on buying anything just to be locked up and unused - hoping for x% increase in value, I just like to hear counter opinions to those at dealers/magazines which all get excited about £100k 911 Turbos or the 2 355s currently for sale at nearly the same.