£70k Sports car I won't lose my pants on???
£70k Sports car I won't lose my pants on???
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Discussion

Mark300zx

Original Poster:

1,447 posts

281 months

Sunday 1st March 2020
quotequote all
£70k is the budget, some modicum of useability/driveability (no Caterhams), and something I will lose the least money on?

samoht

7,206 posts

175 months

Sunday 1st March 2020
quotequote all
Porsche 996.1 or 996.2 GT3 - fits the budget, meant to be amazing to drive, unlikely to depreciate that much I reckon.

Mark300zx

Original Poster:

1,447 posts

281 months

Sunday 1st March 2020
quotequote all
Are these affected by the ims (iirc) issues?

AlienLifeForm

467 posts

100 months

Sunday 1st March 2020
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A wide bodied 993. C2S or C4S. I doubt you’d lose money on a good example thats been driven and well looked after. But you’ll need to budget for any ongoing costs to keep a 20+ year old car on the road.

ZX10R NIN

30,521 posts

154 months

Sunday 1st March 2020
quotequote all
If you want something modern then you're going to suffer some depreciation, it also depends on how long you plan on keeping the car.

V12 Vantage

https://www.ebay.co.uk/itm/2013-ASTON-MARTIN-VANTA...redfaceEYAAOSwTqtd9lK4

V10 R8

https://www.autotrader.co.uk/classified/advert/202...

Corvette C7 Gran Sport a great handling car with N/A power & due to their rarity it won't fall off a cliff price wise:

https://www.ebay.co.uk/itm/2017-Corvette-C7/274291...

https://www.ebay.co.uk/itm/CORVETTE-C7-GRAND-SPORT...

MP4-12C these are quite practical & seemed to have slowed depreciation wise

https://www.autotrader.co.uk/classified/advert/202...

https://www.autotrader.co.uk/classified/advert/202...

997 GT3

https://www.autotrader.co.uk/classified/advert/201...

https://www.autotrader.co.uk/classified/advert/202...

JJ55

772 posts

144 months

Sunday 1st March 2020
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Lotus Evora has slow depreciation

JJ55

772 posts

144 months

Sunday 1st March 2020
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Alternatively you are in Ferrari/ Lambo money. Although running costs could be high.

Trevor555

5,402 posts

113 months

Sunday 1st March 2020
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70k or less will get you a Lexus LC500 V8 one.

They're now down to 50k

Not everyones cup of tea, but reliable, and I can't see them dropping much below 50k for a long while.

nickfrog

25,227 posts

246 months

Sunday 1st March 2020
quotequote all
If you can buy a 4.0 Cayman GTS, it should depreciate quite slowly and also have 3 year warranty.

Edited by nickfrog on Sunday 1st March 16:41

Kickstart

1,119 posts

266 months

Sunday 1st March 2020
quotequote all
Given the present economic outlook I might suggest gold, baked beans and shotguns

samoht

7,206 posts

175 months

Sunday 1st March 2020
quotequote all
Mark300zx said:
Are these affected by the ims (iirc) issues?
No, all the GT3s are safe from the common Porsche engine issues.

The regular Carrera 2/4 cars got the new watercooled M96 engine, which has a variety of failure modes depending on version; IMS (intermediate shaft) failure, RMS (rear main seal), and bore scoring.

The GT3 was a special model to homologate the old Mezger-based racing engine for the 996-based racers, so it has a completely different engine that doesn't suffer from any of those issues. I'm not saying it's guaranteed trouble-free - it's an old, highly strung car that often sees racetracks - but I'm not aware of any systematic failures with them. AFAIK you should get the ECU checked since it logs over-rev events which can signal impending engine failure, especially if recent.

https://www.evomagazine.com.au/porsche-996-gt3-at-...

https://www.evo.co.uk/porsche/911-gt3/14041/porsch...
https://rennlist.com/forums/attachments/996-gt2-gt...



Edited by samoht on Sunday 1st March 18:24


Edited by samoht on Sunday 1st March 18:27

samoht

7,206 posts

175 months

Sunday 1st March 2020
quotequote all
Trevor555 said:
70k or less will get you a Lexus LC500 V8 one.

They're now down to 50k

Not everyones cup of tea, but reliable, and I can't see them dropping much below 50k for a long while.
Looking at other V8 Lexuses, the RC F is down in the twenties https://www.autotrader.co.uk/classified/advert/202... , the IS F is in the teens https://www.autotrader.co.uk/classified/advert/202... , and the SC430 below £10k. I know the LC is great-looking, but I just can't see any reason to expect it to hold on to a £50k valuation when it's 5, 7, 10 years old.

Trevor555

5,402 posts

113 months

Sunday 1st March 2020
quotequote all
samoht said:
Trevor555 said:
70k or less will get you a Lexus LC500 V8 one.

They're now down to 50k

Not everyones cup of tea, but reliable, and I can't see them dropping much below 50k for a long while.
Looking at other V8 Lexuses, the RC F is down in the twenties https://www.autotrader.co.uk/classified/advert/202... , the IS F is in the teens https://www.autotrader.co.uk/classified/advert/202... , and the SC430 below £10k. I know the LC is great-looking, but I just can't see any reason to expect it to hold on to a £50k valuation when it's 5, 7, 10 years old.
I see where you're coming from but the LC is far more special than an Rcf.

And looking into the future when you just cant buy a NA V8 any more I reckon they could hold value well.

I guess we'll just have to re visit this thread in 5 years time.

Add Lexus reliability against Porsche, and I'm certain I'd choose the LC for long term ownership.

I was disappointed with the Rcf, I can see them dropping further.

Alextodrive

367 posts

104 months

Sunday 1st March 2020
quotequote all
Kickstart said:
Given the present economic outlook I might suggest gold, baked beans and shotguns
Haha yes indeed. Who knows. Some cars are cracking investments. Look at E type prices...

But I wouldn’t be spending 70k on a car if I was too worried about depreciation.

Hopefully the OP is not and just erring on the side of sensibility rather than worry.

It’s a fab budget to end up with something very enjoyable! Hope they find something cracking.

I’d be after a Porsche 911 or Audi R8 myself...

samoht

7,206 posts

175 months

Sunday 1st March 2020
quotequote all
Trevor555 said:
I see where you're coming from but the LC is far more special than an Rcf.

And looking into the future when you just cant buy a NA V8 any more I reckon they could hold value well.

I guess we'll just have to re visit this thread in 5 years time.

Add Lexus reliability against Porsche, and I'm certain I'd choose the LC for long term ownership.

I was disappointed with the Rcf, I can see them dropping further.
Yeah, let's bookmark this thread for 2025 and find out :-) I agree, it's all crystal ball gazing and I could imagine the LC holding value. I think in terms of special engines the Porsche would also be an example. Totally agree about maintenance costs, I think the Bork scale runs from Toyota/Lexus at one end to rotaries at the other, the Mezger-engined Porsches like the GT3 probably being somewhere in the middle as highly-strung but basically sound drivetrains.

samoht

7,206 posts

175 months

Sunday 1st March 2020
quotequote all
JJ55 said:
Alternatively you are in Ferrari/ Lambo money. Although running costs could be high.
Yeah, a F355, 360 or 430 would all be in budget and seem likely to hold value reasonably well. Potentially if you have a truly good independent specialist in the vicinity, that might tip the balance in terms of the maintenance costs being ok or not. Actually, I reckon for most of the older high-end sports cars that would meet your criteria of low depreciation, finding someone you can trust to look after it in a reasonable distance may be a key factor in the purchase working out.

Other ideas, Honda NSX seems to be fairly safe in terms of both residuals and maintenance costs, and sounds great, maybe find a later 3.2 for that money.


Mark300zx

Original Poster:

1,447 posts

281 months

Monday 2nd March 2020
quotequote all
ZX10R NIN said:
If you want something modern then you're going to suffer some depreciation, it also depends on how long you plan on keeping the car.

V12 Vantage

https://www.ebay.co.uk/itm/2013-ASTON-MARTIN-VANTA...redfaceEYAAOSwTqtd9lK4

V10 R8

https://www.autotrader.co.uk/classified/advert/202...

Corvette C7 Gran Sport a great handling car with N/A power & due to their rarity it won't fall off a cliff price wise:

https://www.ebay.co.uk/itm/2017-Corvette-C7/274291...

https://www.ebay.co.uk/itm/CORVETTE-C7-GRAND-SPORT...

MP4-12C these are quite practical & seemed to have slowed depreciation wise

https://www.autotrader.co.uk/classified/advert/202...

https://www.autotrader.co.uk/classified/advert/202...

997 GT3

https://www.autotrader.co.uk/classified/advert/201...

https://www.autotrader.co.uk/classified/advert/202...
GT3 good call, are they a world apart from the GT3 RS?

R8 a contender but an unknown in terms of price drop, maybe?

MP4 have heard of reliability probs with McLarens does it extend to this model?

Vette sorry no LHD frown

V12 I like, but again have heard of reliability issues and aren't Aston going under, how would that affect prices??

av185

20,464 posts

156 months

Monday 2nd March 2020
quotequote all
981 GT4 and 981 Spyder both great packages at the money with glacial depreciation.

981 Spyder actually appreciating ££ atm due to lukewarm 718 Spyder reception reduced number of new cars and increased price new. Expect this to continue as warmer Spring weather comes.

Mark300zx

Original Poster:

1,447 posts

281 months

Monday 2nd March 2020
quotequote all
av185 said:
981 GT4 and 981 Spyder both great packages at the money with glacial depreciation.

981 Spyder actually appreciating ££ atm due to lukewarm 718 Spyder reception reduced number of new cars and increased price new. Expect this to continue as warmer Spring weather comes.
I was thinking of keeping this car a few years and seeing the way previous generations of spyder depreciated it looks like it may lose a fair whack?

omniflow

3,823 posts

180 months

Monday 2nd March 2020
quotequote all
On most of these types of car (possibly all of them), a fair chunk of the depreciation can be attributed to mileage. If you buy it and just look at it, you don't lose that much money. However, if you use it, and put miles on it, then you could lose quite a lot of money.