A theoretical 'what car' thread
A theoretical 'what car' thread
Author
Discussion

pincher

Original Poster:

10,517 posts

246 months

Wednesday 16th April 2014
quotequote all
If you had a theoretical £100k to invest in either a property or a car, which would you go for and why?

The property can be mortgaged (up to a combined total of £250k) but the car must cost no more than the available £100k.

Buying multiple cars is not an option and you don't have to spend the entire amount but should be looking for a reasonable ROI over the next 5 years or so.




Crafty_

14,084 posts

229 months

Wednesday 16th April 2014
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Property.

Cars too much of a lottery as to what would lose money and how much.

ALBA MELV

399 posts

185 months

Wednesday 16th April 2014
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A flat or a house in Aberdeen / Aberdeenshire for me.

driverrob

4,847 posts

232 months

Wednesday 16th April 2014
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Just to stir things up; neither.
Buy a car to invest? Some rare model that would have to be kept virtually unused in a heated garage for years? No chance.
I couldn't get a mortgage at my age and I couldn't even buy a one-bedroomed flat near here for £100k.
I'd put it in a 5-year bond paying about 5%

Fun Bus

17,911 posts

247 months

Wednesday 16th April 2014
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I'd buy the best example I could of a Ferrari 512TR or 512M and mothball it.

mosc7pc2

111 posts

208 months

Wednesday 16th April 2014
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If it had to be a car, I would go for NSX type R/GTR 34 as an investment.

AJS-

15,366 posts

265 months

Wednesday 16th April 2014
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Well that was a good waste of an hour! For a car I'd go for a mint F355, but hard to know if it will go up much in 5 years and even a "mint" 20 year old car is still a 20 year old car. My (perhaps deluded) thinking is that this was Ferrari getting back on track after the unloved 348 and for people around my age (mid to late 30s) they were one of the bedroom wall poster cars of my teens. In another 10 years or so when I'm rich I'll be in a position to buy one.

Property is almost certainly a better bet and if you could get into an up and coming area you'd clean up. Not as much fun though.

4G63T

2,947 posts

201 months

Wednesday 16th April 2014
quotequote all
mosc7pc2 said:
If it had to be a car, I would go for NSX type R/GTR 34 as an investment.
yes, they are just getting more and more expensive, and they will only go up in value when the new NSX comes out.


buy 3-4 NSX's and keep them locked up, keep for 10 years and they will be worth so much more.


aspirated

2,540 posts

175 months

Wednesday 16th April 2014
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£100k should get me both a low mileage minter E46 M3 CSL and E30 M3

Edit: just saw the one car rule so I'd buy the lowest mileage CSL going.

Edited by aspirated on Wednesday 16th April 22:15

4G63T

2,947 posts

201 months

Wednesday 16th April 2014
quotequote all
mosc7pc2 said:
If it had to be a car, I would go for NSX type R/GTR 34 as an investment.
yes, they are just getting more and more expensive, and they will only go up in value when the new NSX comes out.


buy 3-4 NSX's and keep them locked up, keep for 10 years and they will be worth so much more.


pincher

Original Poster:

10,517 posts

246 months

Thursday 17th April 2014
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CSL and NSX are good shouts - I think I would probably ignore my own rule and try to get one of each smile

Lozw86

903 posts

161 months

Thursday 17th April 2014
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A small flat in an up and coming area to rent out. I would not consider buying a car

Boydie88

3,283 posts

178 months

CtrlAltDelicious

19 posts

149 months

Thursday 17th April 2014
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Property with a garage. Got to park my current cars somewhere. wink

Prizam

2,447 posts

170 months

Thursday 17th April 2014
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Property and rent it out... with the rental income get a new M3 on PCP.

so called

9,160 posts

238 months

Thursday 17th April 2014
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Spend half on a TVR Sagaris and use the other half on a deposit for a detached in south Cheshire.
Just for info, my Tuscan is worth nearly double what I paid for it 5 years ago wink