Undervalued classics
Discussion
After seeing the £250K Escort recently I wondered about the other end of the classic market. Cars that seem too cheap for what they are. I know that a lot of the more mundane pre-war and 1950s stuff is becoming almost criminally cheap as those who remember them are sadly passing away. Triumph Heralds for £3,500, P6 Rovers for under £10k. Some of the more quirky French stuff is affordable as well.
What's everyone's overlooked classic?
SD.
What's everyone's overlooked classic?
SD.
Stevepolly said:
Nice to see one in a great colour! I suspect something that depresses the values of these and P6s is that so many are painted some variant of BL (and predecessors) gunge. The 2000/2500 in particular looks much better in a good strong colour.MickyveloceClassic said:
Any old car I own, or have ever owned is criminally undervalued.
Until 20 minutes after I sell it, when it will inexplicably skyrocket in value.
Which is why I don t sell anything anymore.
I sympathise with this. But my problem is I did not pull the trigger on cars that subsequently shot up in value.Until 20 minutes after I sell it, when it will inexplicably skyrocket in value.
Which is why I don t sell anything anymore.
I really should have got that 964 911 in 2001!!
Instead I got a vx220 and sold it just as their values bottomed out - although it took a few years.....
Oddly ‘PH’ doesn’t have a great selection when it comes to sporting classic.
As close as you’ll get, to a usable classic racing car, on a beer budget. Auto-tests, sprints and hill-climbs await.
Available for under 10K, a classic with sporting pretensions a decent badge, practical and not a bad looker.
https://www.pistonheads.com/buy/listing/18754036
Near as dammit £8,000 of your finest British Pounds, nice relaxing drive, oozes class and probably rot as well.
Not going to make much if anything, but unlikely to loose your shirt
As close as you’ll get, to a usable classic racing car, on a beer budget. Auto-tests, sprints and hill-climbs await.
Available for under 10K, a classic with sporting pretensions a decent badge, practical and not a bad looker.
https://www.pistonheads.com/buy/listing/18754036
Near as dammit £8,000 of your finest British Pounds, nice relaxing drive, oozes class and probably rot as well.
Not going to make much if anything, but unlikely to loose your shirt
daqinggregg said:
https://www.pistonheads.com/buy/listing/18754036
Near as dammit £8,000 of your finest British Pounds, nice relaxing drive, oozes class and probably rot as well.
Not going to make much if anything, but unlikely to loose your shirt
I had a 1980 280e Saloon many years ago and it really was a quality product. £8K for a pillarless Coupe doesn't seem dear.Near as dammit £8,000 of your finest British Pounds, nice relaxing drive, oozes class and probably rot as well.
Not going to make much if anything, but unlikely to loose your shirt
Got to agree about the Triumph 2000/2500s as well, and Rover P6s seem to be in the same category. Whereas an early Granada has the Ford tax!
P6 is a bit of an oddity. A well respected V8 (other engines seem to be less desirable), a genuinely comfortable 4 seater that keeps up with modern traffic and has relatively good spares availability. Put a blue oval on it and add ten thousand to the asking price.
I've got a P5B, it gets lots of compliments but again seems a bit cheaper now. It's a generation older than the P6, Cortina and Granadas that followed it, but again it still holds its own in real world driving.
An MG or Spitfire isn't out of place as a daily or turning up outside a country house resort. I just need somewhere to store a second classic, and permission from the boss!
SD.
I've got a P5B, it gets lots of compliments but again seems a bit cheaper now. It's a generation older than the P6, Cortina and Granadas that followed it, but again it still holds its own in real world driving.
An MG or Spitfire isn't out of place as a daily or turning up outside a country house resort. I just need somewhere to store a second classic, and permission from the boss!
SD.
As someone who was 16 in the late 70s and had a great time on my Fantic Chopper at 16 in recent times I’ve looked at buying one again for nostalgia, that was until I see what tidy ones were going for these days, £10k upwards. So that idea got shelved and just remember selling my tidy one in 1979 for £150.
But, it got me thinking who would these appeal to a few years down the line as my age group get older and decrepit?
Isn’t the cars mentioned mostly catering for a certain age group hence low prices.
I’m not obviously on about Porsches and Ferraris etc.
But, it got me thinking who would these appeal to a few years down the line as my age group get older and decrepit?
Isn’t the cars mentioned mostly catering for a certain age group hence low prices.
I’m not obviously on about Porsches and Ferraris etc.
M138 said:
As someone who was 16 in the late 70s and had a great time on my Fantic Chopper at 16 in recent times I ve looked at buying one again for nostalgia, that was until I see what tidy ones were going for these days, £10k upwards. So that idea got shelved and just remember selling my tidy one in 1979 for £150.
But, it got me thinking who would these appeal to a few years down the line as my age group get older and decrepit?
Isn t the cars mentioned mostly catering for a certain age group hence low prices.
I m not obviously on about Porsches and Ferraris etc.
There is a certain mystique about certain old Ferrari and Porsches for sure, much like people go relentlessly on about some Fords. Ultimately demand drives the price like multi million pound paintings, vases and old watches. A lot of them are just bought to ‘collect’ rather than drive in the case of cars but I’m sure there are a few disappointments from people who do drive them.But, it got me thinking who would these appeal to a few years down the line as my age group get older and decrepit?
Isn t the cars mentioned mostly catering for a certain age group hence low prices.
I m not obviously on about Porsches and Ferraris etc.
When I was young a slightly older friend bought a 911. We were all excited teenagers with Escorts and Sunbeams dying to see it when pick-up day arrived. It was a 911 Sportomatic and was the first 911 I sat in and drove . Also probably the biggest anticlimax ever in terms of performance/experience. I think at the time ( mid 80s ) it cost him more than my other friend’s mint RS1800 did from Mike Young’s - certainly over 5k. It was slower than an RS2000 - the friend who bought it lasted about 3 or 4 months with it before trading for something cheaper, faster and more exciting
Remember seeing a mint one a decade back go for a quarter of a million and thinking “that’s a real Porsche fan! “
Luckily the year after had a passenger ride in a 930 Turbo which definitely was the proper 911 experience for me, as was driving a 996 Turbo at a track
Have also had the chance to drive/passenger in a few older Ferraris and for me the hype doesn’t equate to the pricetag with the exception of the F40 I had a ride in.
There’s always a cheaper option in the range that you can buy if you like the badge
The market for Classic cars is changing, peak values being achieved for 30-40 y/o cars as those in their 50 s and 60 s with cash and health to use have an opportunity to buy what they desired but couldn afford.
The exceptions are Ferrari / Porsche / Aston / Lamborghini / e type / ac / Ford rs / bmw m or CSL / Mini / beetle
I don t see mgb s increasing in values, or triumphs, or Rovers as there s a reducing connection - by comparison an e30 m3 is now unaffordable, ditto a 3.2 carrera or Imprezza p1 all due to levels of demand.
I d say the 2 most undervalued that stand out for me re the original 2.5 Boxster (much better and way cheaper than the majority of 924, 944).
, I m also amazed that perhaps one of the most iconic Ferrari s of all time, the 308/328 is still relatively affordable compared compared to a similar age 911 The Elise should fall in to this category but it s too low and compromised for many older buyers.
The exceptions are Ferrari / Porsche / Aston / Lamborghini / e type / ac / Ford rs / bmw m or CSL / Mini / beetle
I don t see mgb s increasing in values, or triumphs, or Rovers as there s a reducing connection - by comparison an e30 m3 is now unaffordable, ditto a 3.2 carrera or Imprezza p1 all due to levels of demand.
I d say the 2 most undervalued that stand out for me re the original 2.5 Boxster (much better and way cheaper than the majority of 924, 944).
, I m also amazed that perhaps one of the most iconic Ferrari s of all time, the 308/328 is still relatively affordable compared compared to a similar age 911 The Elise should fall in to this category but it s too low and compromised for many older buyers.
M138 said:
As someone who was 16 in the late 70s and had a great time on my Fantic Chopper at 16 in recent times I ve looked at buying one again for nostalgia, that was until I see what tidy ones were going for these days, £10k upwards. So that idea got shelved and just remember selling my tidy one in 1979 for £150.
But, it got me thinking who would these appeal to a few years down the line as my age group get older and decrepit?
Isn t the cars mentioned mostly catering for a certain age group hence low prices.
I m not obviously on about Porsches and Ferraris etc.
Us "boomers" will be bumping up the prices of the Fantic Chopper. But, it got me thinking who would these appeal to a few years down the line as my age group get older and decrepit?
Isn t the cars mentioned mostly catering for a certain age group hence low prices.
I m not obviously on about Porsches and Ferraris etc.
Couldn't afford one back in 72, but now.
s m said:
There is a certain mystique about certain old Ferrari and Porsches for sure, much like people go relentlessly on about some Fords. Ultimately demand drives the price like multi million pound paintings, vases and old watches. A lot of them are just bought to collect rather than drive in the case of cars but I m sure there are a few disappointments from people who do drive them.
When I was young a slightly older friend bought a 911. We were all excited teenagers with Escorts and Sunbeams dying to see it when pick-up day arrived. It was a 911 Sportomatic and was the first 911 I sat in and drove . Also probably the biggest anticlimax ever in terms of performance/experience. I think at the time ( mid 80s ) it cost him more than my other friend s mint RS1800 did from Mike Young s - certainly over 5k. It was slower than an RS2000 - the friend who bought it lasted about 3 or 4 months with it before trading for something cheaper, faster and more exciting
Remember seeing a mint one a decade back go for a quarter of a million and thinking that s a real Porsche fan!
Luckily the year after had a passenger ride in a 930 Turbo which definitely was the proper 911 experience for me, as was driving a 996 Turbo at a track
Have also had the chance to drive/passenger in a few older Ferraris and for me the hype doesn t equate to the pricetag with the exception of the F40 I had a ride in.
There s always a cheaper option in the range that you can buy if you like the badge
I think people tend to forget that a Ferrari or Porsche 45 years ago cost more than an average house. As for the fast Fords they were achievable by getting one on hp with the 29%apr, just couldn’t afford to drive it once you paid your monthly instalments and insurance and tax(tax all in one go back then) I guess the lure of Fast Fords now is people can finally have one and afford to use them.When I was young a slightly older friend bought a 911. We were all excited teenagers with Escorts and Sunbeams dying to see it when pick-up day arrived. It was a 911 Sportomatic and was the first 911 I sat in and drove . Also probably the biggest anticlimax ever in terms of performance/experience. I think at the time ( mid 80s ) it cost him more than my other friend s mint RS1800 did from Mike Young s - certainly over 5k. It was slower than an RS2000 - the friend who bought it lasted about 3 or 4 months with it before trading for something cheaper, faster and more exciting
Remember seeing a mint one a decade back go for a quarter of a million and thinking that s a real Porsche fan!
Luckily the year after had a passenger ride in a 930 Turbo which definitely was the proper 911 experience for me, as was driving a 996 Turbo at a track
Have also had the chance to drive/passenger in a few older Ferraris and for me the hype doesn t equate to the pricetag with the exception of the F40 I had a ride in.
There s always a cheaper option in the range that you can buy if you like the badge
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