What car to make money on. One year, max £50k
Discussion
An idle thought I've been having lately. For the past couple of years I've been putting money away in savings for a house deposit. For one reason or another I'm not going to be in a position to buy for about another year (current house owned, but relocating and content to rent for a short period once I've sold). So rather thank just keep the money in the bank where it's doing next to nothing my mind has started wondering to what *interesting* cars could be bought, run for a year and then sold for a gain a year later with a budget of max 50k (running costs aside). I know no-one's got a crystal ball but if you'd jumped on the e30 M3 waggon at the right time (or E-types, or 308s, or Dinos... Etc) a fair bit of money could be made in quite a short space of time. (I remember when I was younger, around 1995 maybe, Dinos going for about £15k. Now, double that and put a zero on the end. But that's slightly longer than a year too.
So what interesting cars have reached the bottom of the market? 996s are my first thought. I really doubt they're going to go below the £8k that you can pick up a tired one for now. Likewise I don't see the turbos hanging around for long. Also 360s are beginning to look cheap, but you'd need some brave-pills to buy a £50k one.
So what interesting cars have reached the bottom of the market? 996s are my first thought. I really doubt they're going to go below the £8k that you can pick up a tired one for now. Likewise I don't see the turbos hanging around for long. Also 360s are beginning to look cheap, but you'd need some brave-pills to buy a £50k one.
I don't quite understand the fascination with M3 CSLs, which have popped up on here quite a few times. I've always just thought of it as an M3 with a cardboard boot and tyres you can't use in this country. Given that the bog standard version is headed straight to council estate / drug dealer territory at the moment why would the CSL version be much different.
Is the 4C out of production yet? that's not a bad shout as I don't think a bad word's been said about those (pimply headlights aside).
Is the 4C out of production yet? that's not a bad shout as I don't think a bad word's been said about those (pimply headlights aside).
Gassing Station | General Gassing | Top of Page | What's New | My Stuff