Getting Ahead of the Curve

Getting Ahead of the Curve

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Discussion

radiodanno

Original Poster:

1,055 posts

131 months

Sunday 24th November 2013
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If you were to buy something now 'Bargain Basement' with a view to beating the system and getting ahead of the curve, what would you buy?

I remember our school caretaker's collection of Auto ste (Cortina Estate, Granada Estate) and we all laughed at him. These same cars are now changing hand for £4-6k - but were £300 when he had them.

Wondering whether to punt £600 on a nice 1994 Mondeo and keep it nice. Not to make money, but just to buy whilst they're still chips.

What do you think has bottomed out?

Urban Sports

11,321 posts

204 months

Sunday 24th November 2013
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S1 Elise after the conversation I had today!

Cemesis

771 posts

163 months

Sunday 24th November 2013
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I've noticed that good E39's are really holding their value and I can see it appreciating in the coming years. You need to keep on top of the rust though...

Urban Sports

11,321 posts

204 months

Sunday 24th November 2013
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A straight nice mileage e46 M3 has potential but looking at e36s vs e30s it could go either way, probably too many of them made?

CrouchingWayne

687 posts

177 months

Sunday 24th November 2013
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E36's seem to have held up pretty well now, good ones are few and far between and priced accordingly.

V8RX7

26,954 posts

264 months

Sunday 24th November 2013
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The cars that tend to go up are the original, low mileage, mint ones - these rarely drop to the bottom of the price range.

At the sub £1k level if you could find a nice MX5 / MR2 roadster they will go up.

Similarly a nice Alfa etc

Basically you want to buy cars that people will want in the future - I doubt many will want a Mondeo unless it's an ST200 etc

radiodanno

Original Poster:

1,055 posts

131 months

Monday 25th November 2013
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I'm not sure I agree. After all, who would have thought in 1999 that people would be queueing up to pay big money for a poverty spec Cortina Estate?


V8RX7

26,954 posts

264 months

Monday 25th November 2013
quotequote all
radiodanno said:
I'm not sure I agree. After all, who would have thought in 1999 that people would be queueing up to pay big money for a poverty spec Cortina Estate?
Who is ?

My Dad is selling a MkIV for IIRC £1250

Yet HOW MUCH is an RS2000 ?

Escy

3,958 posts

150 months

Monday 25th November 2013
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Pulsar GTI-R's are cheap but good ones are hard to find. I can see them going up in value soon.

Matt UK

17,757 posts

201 months

Monday 25th November 2013
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V8RX7 said:
radiodanno said:
I'm not sure I agree. After all, who would have thought in 1999 that people would be queueing up to pay big money for a poverty spec Cortina Estate?
Who is ?
Indeed.

I see things like nice old Fords as a hobbie that you are happy to throw your time and money at - the fact they will appreciate over the years is nice, but unlikely to pay back financially IMO.
The money you need to invest in keeping old cars nice will rarely make you money at the back end unless you are playing at the top end?

radiodanno

Original Poster:

1,055 posts

131 months

Monday 25th November 2013
quotequote all
Perhaps I got this all wrong then.