What pre-1995 'normal' cars are going to increase in value
Discussion
I'm sure some similar thread on this will exist, however....I need some advice.
I work as a contractor and due to the crap private sector pensions, I don't have one!
I'm 'probably' going to work abroad shortly to try and collect more folding, (due to the above) and quite fancy putting a couple of quid into buying a couple of modern classics that you can currently pick up for under £5k, with a view they will increase going forward.
Obviously, I'm not got to get rich doing this on the scale I'm talking about, but to have a few assets lying around that I could cash in on when times get lean in the future would be useful to have I think. (and get the plesure of using sparingly - whatever it is)
Personally, I would never have seen the rise of the Ford Escort or some of it's siblings that's exploded in recent times, so, any opinions welcome on what they think is worth buying now, that will have some increased value say 10 years down the line.
£5k current budget say.
Thanks in advance!
I work as a contractor and due to the crap private sector pensions, I don't have one!
I'm 'probably' going to work abroad shortly to try and collect more folding, (due to the above) and quite fancy putting a couple of quid into buying a couple of modern classics that you can currently pick up for under £5k, with a view they will increase going forward.
Obviously, I'm not got to get rich doing this on the scale I'm talking about, but to have a few assets lying around that I could cash in on when times get lean in the future would be useful to have I think. (and get the plesure of using sparingly - whatever it is)
Personally, I would never have seen the rise of the Ford Escort or some of it's siblings that's exploded in recent times, so, any opinions welcome on what they think is worth buying now, that will have some increased value say 10 years down the line.
£5k current budget say.
Thanks in advance!
Pretty hard to speculate, given that so many ordinary cars from the 1970s & 80s, say, are still ordinary and unvalued today. Think Austin Maestro, Montego, Allegro, Ford Cortina (Mk 3 onwards), Renault 9/11/14/16/18/etc.
However, maybe a good Peugeot 205GTI 1.9, Renault Clio 172/182, Citroen XM, VW Corrado, Mercedes W124 coupe or estate, Mercedes W126 ('80s S-class), Mercedes 190E 2.6, Porsche 944 would become sought after in future and fun to drive in the meantime?
Some of these will cost a bit to run, though, unless you're a handy DIYer...
However, maybe a good Peugeot 205GTI 1.9, Renault Clio 172/182, Citroen XM, VW Corrado, Mercedes W124 coupe or estate, Mercedes W126 ('80s S-class), Mercedes 190E 2.6, Porsche 944 would become sought after in future and fun to drive in the meantime?
Some of these will cost a bit to run, though, unless you're a handy DIYer...
BGarside said:
ETA, not all are 'normal' cars, but I don't think normal 'modern' cars are going to be worth much in the future. We live in an age of dull, uniform cars and I think those with character that stand out, or which were something special in their day, will have more upside value-wise.
I think you're right, hence why I said pre-1995. I don't believe anything much after that that's 'normal' will be worth anything in this throw away society we now live in.Like a couple of of your suggestions (Pug 205gti for one).
Edited by Nors on Tuesday 18th February 11:06
BGarside said:
Pretty hard to speculate, given that so many ordinary cars from the 1970s & 80s, say, are still ordinary and unvalued today. Think Austin Maestro, Montego, Allegro, Ford Cortina (Mk 3 onwards), Renault 9/11/14/16/18/etc.
However, maybe a good Peugeot 205GTI 1.9, Renault Clio 172/182, Citroen XM, VW Corrado, Mercedes W124 coupe or estate, Mercedes W126 ('80s S-class), Mercedes 190E 2.6, Porsche 944 would become sought after in future and fun to drive in the meantime?
Some of these will cost a bit to run, though, unless you're a handy DIYer...
all Cortina models are no subject to ford 'Scene' tax and cost good four figure sum for anything decentHowever, maybe a good Peugeot 205GTI 1.9, Renault Clio 172/182, Citroen XM, VW Corrado, Mercedes W124 coupe or estate, Mercedes W126 ('80s S-class), Mercedes 190E 2.6, Porsche 944 would become sought after in future and fun to drive in the meantime?
Some of these will cost a bit to run, though, unless you're a handy DIYer...
why go for a few normal cars when the same money will get you one not quite so normal. Maserati 3200's will out perform 4200's because they where the original design, helped maser bounce back after a very dull 80's and 90's. They are about a cheap a you are going to get them right now. And good one will cast you 3 normal cars but will out perform them both financially and on the road. I know of two major independents that are buying up good cars now to store for the future.
Look at Khamsins, 5 years ago you could get one for low teens. now a road worthy one will cost you 40+
Look at Khamsins, 5 years ago you could get one for low teens. now a road worthy one will cost you 40+
3200gt said:
why go for a few normal cars when the same money will get you one not quite so normal. Maserati 3200's will out perform 4200's because they where the original design, helped maser bounce back after a very dull 80's and 90's. They are about a cheap a you are going to get them right now. And good one will cast you 3 normal cars but will out perform them both financially and on the road. I know of two major independents that are buying up good cars now to store for the future.
Look at Khamsins, 5 years ago you could get one for low teens. now a road worthy one will cost you 40+
Good call. Will have to wait longer to have all the funds for one of these as I was planning £5k cars that I could buy every 3 or 4 months (need to build capital when away).Look at Khamsins, 5 years ago you could get one for low teens. now a road worthy one will cost you 40+
Wife want's a Grand Turismo (not that I'm complaining) but that'll have to wait until the stint is over. That's not a particular investment though! But a big want!
V8forweekends said:
Don't overlook (don't laugh) vans. Take a look at original Trannies and Escorts, Mini vans and pickups and Moggies too. Here rarity vs demand seems to operate.
Useful for a tip run too.
Good tip, I wonder how much the original 1990s VW Caddy pickups will be worth in future, good ones are hard to find and a lot have been modified or just rusted out. Same goes for T25 vans (a lot are converted to campers)etc.Useful for a tip run too.
I bought my 1979 Mini Pickup some years ago for £500 and it was solid and running, I have spend money on it when I restored it but I continue to enjoy using it during the summer but it would probably cost £8k or more to replace it now. Even complete wrecks are £1500. It is the only car I have owned that has not lost money!
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