Cars which will appreciate?
Discussion
VX220 Turbos. Seen some of the last build ones going for ~£10-11k.
Surely these will start going up in value if maintained given the price of the other lotus'.
It's a Lotus Europa without a Lotus badge. The only reason I could understand people getting an elise instead of one is if you really are that much of a badge snob.
Surely these will start going up in value if maintained given the price of the other lotus'.
It's a Lotus Europa without a Lotus badge. The only reason I could understand people getting an elise instead of one is if you really are that much of a badge snob.
You'd have to look at something fairly rare and even then you'd need to look long term. As the original hot hatch generation reaches mid-life crisis I think they'll be hankering after cars from their youth. Think mk1 Golf GTIs, 205 GTIs, etc. or wait a little longer and catch the play station generation with Jap/European sports cars (again, anything built in relativly low volumes/limited editions that were significantly different to the standard model).
Seeing the talk of Fiat Coupe and GTV earlier, I would have though as a rule of thumb, if a car has a 4 pot boggo version, as these two do, you need to be looking at immaculate high end example, eg A GTV 3.0 Cup (can you get them for this sort of money.
I would imagine you could get the very best Fiat Coupe and still have a bucket of change, but for appreciation I would stick with the GTV
I would imagine you could get the very best Fiat Coupe and still have a bucket of change, but for appreciation I would stick with the GTV
I think anything that was desirable new, kept in standard, unabused condition will always get to a point where it doesnt depreciate any more and then potentially rise, it is only the rare few that acheive stratospheric status like Escorts, Integrale's and E30 M3's.
People then realise that they wont get what they want for their budget and look a bit further afield, I think the Escort thing is mental, people are going mad for anything Mk1 or Mk2 (even 4 doors, estates and vans), it cant carry on like that and I think the bubble will burst at some point and prices will stabilise a bit.
Decent older Porsche's will go up, the pre 964 stuff, the 964/993 prices mean that people will go older like Fastgerman mentioned, or newer, I think 996 prices are rock bottom now, cant see them depreciating any further despite the over hyped engine issues. I think the front engined stuff will stabilise, 944's are dropping like flies so a mint early square dash model is a rare thing now, even the humble 924 is finding some love, Turbo's go for good money, 944 turbo's are on the up, the 968 never seems to have gone that cheap really, I am hoping at what I paid my own 944 cab wont depreciate, in fact most seem to be two grand more than I paid. Boxsters, hmm, not sure, still very numerous and hasnt been labelled as a classic, they just look a bit dated now and havent emerged as the classic they are destined to be quite yet, they are in limbo for now, another 5 years I reckon.
The caveat to all this is, it is all very well your example of a given car appreciating by ten grand but if you spend twenty to get it there its not a great deal, however it is still better than spending 18 grand on a new Astra and losing four grand a year.
People then realise that they wont get what they want for their budget and look a bit further afield, I think the Escort thing is mental, people are going mad for anything Mk1 or Mk2 (even 4 doors, estates and vans), it cant carry on like that and I think the bubble will burst at some point and prices will stabilise a bit.
Decent older Porsche's will go up, the pre 964 stuff, the 964/993 prices mean that people will go older like Fastgerman mentioned, or newer, I think 996 prices are rock bottom now, cant see them depreciating any further despite the over hyped engine issues. I think the front engined stuff will stabilise, 944's are dropping like flies so a mint early square dash model is a rare thing now, even the humble 924 is finding some love, Turbo's go for good money, 944 turbo's are on the up, the 968 never seems to have gone that cheap really, I am hoping at what I paid my own 944 cab wont depreciate, in fact most seem to be two grand more than I paid. Boxsters, hmm, not sure, still very numerous and hasnt been labelled as a classic, they just look a bit dated now and havent emerged as the classic they are destined to be quite yet, they are in limbo for now, another 5 years I reckon.
The caveat to all this is, it is all very well your example of a given car appreciating by ten grand but if you spend twenty to get it there its not a great deal, however it is still better than spending 18 grand on a new Astra and losing four grand a year.
TVR Griffith,prob about 1200 left out of total production at a rough guess,prices are only going one way,running costs if you score a good one are not at all expensive,its a simple car at the end of the day,plenty of indipendants that can be reccomended to look after them if you do not want to get your hands dirty,most if not all problems should have been sorted by now as the cars are at least a 12 years old at the youngest,condition of the chassis is most important,but nowadays even a rotton example can be sorted for less than 2k,and if its bad the purchase price would reflect that fact,sound and experience on every drive is superb,even opening the garage for a look is worth the cost for me.
Seeing as anything old with a Ford badge seems to be worth money these days, I;d buy somehting like this:
http://www.autotrader.co.uk/classified/advert/2012...
Then find the remains of an RS cosworth ffrom the mid 90s (big spoiler) Get the chassis plate, then rebuilt this heap into an RS Cosworth, using the cosworth chassis plate and saying its been "reshelled". Watch the £££ come in.
http://www.autotrader.co.uk/classified/advert/2012...
Then find the remains of an RS cosworth ffrom the mid 90s (big spoiler) Get the chassis plate, then rebuilt this heap into an RS Cosworth, using the cosworth chassis plate and saying its been "reshelled". Watch the £££ come in.
S2Mike said:
If you can find a straight Caterham 7 it should be a good investment. They would be at the higher end of your budget but worth a look!
Possibly the JPE or other special editions. I'd be very unsure about the prospects of a straight-forward Caterham, tbh. Caterham 21 may well be different though...Gassing Station | General Gassing | Top of Page | What's New | My Stuff