Anticipating the next rising classic stars...
Discussion
Hi All
Probably a bit like predicting the next 6 lotto numbers, but what do you all think are the next batch of cars to become value-rising classics?
Lets say cars built mid eighties to late 90s...Old, but not yet old enough to be proper classics.
As a start I believe the Peugeot 205GTI will be (nothing to do with me owning one) and is partly there..
But what else - and how on earth do you preempt an appreciating classic of the future...? The BMW M3 CSL is going bonkers, as are other cars, but other exciting ones not so much....
Thanks
Probably a bit like predicting the next 6 lotto numbers, but what do you all think are the next batch of cars to become value-rising classics?
Lets say cars built mid eighties to late 90s...Old, but not yet old enough to be proper classics.
As a start I believe the Peugeot 205GTI will be (nothing to do with me owning one) and is partly there..
But what else - and how on earth do you preempt an appreciating classic of the future...? The BMW M3 CSL is going bonkers, as are other cars, but other exciting ones not so much....
Thanks
Nors said:
I've discussed this with mates many times, with particular reference to Mk1 & 2 Ford Escorts. In 10 or 15 years time, are there really going to be people coming through that are going to pay £20+k for an old Ford Escort? They probably won't even know what it is, let alone pay all that money for one!!
Mk1 Ford Escorts are already £20k+ now, and the term "old ford escort" would be maybe more appropriate when they were 10/15 years old, like most cars coming to the end of their life..But they are well past this initial phase and on the rise as classics now. As for kids not knowing what an Escort is, I can't see that being an issue - maybe the masses may not know what a Mk1 Escort is years from now, but thats the same for any niche classic car I guess.
The fact is buying classic cars is, and will continue to be, a hobby for the relatively affluent market of car fanatics - and there will always be a following. An interest in cars won't dry up because of the "Playstation" generation. Just wait until they turn 17 and leave the innocence of computer games for the real thing
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