RE: £30k future classics | Six of the Best

[pSyCoSiS]

The Maserati wins hands down on looks. Best investment is probably the TVR out of that list, or the Lotus.

[Calmchap]

DoubleD said:

It is a grim advert to read. I wish people would stick to the facts.

Agree, why use one word when 20 will do? I'm tempted to ask him what if I get a non-urgent call, because the car has "Bluetooth connectivity for these urgent calls." Yes, sadly I did read the ad.

[RATATTAK]

DoubleD said:

SidewaysSi said:

hyphen said:

Quadcamboy said:

samoht said:

Z4M Coupe, £24k
https://www.pistonheads.com/buy/listing/10655943 (Ad is worth a read too)

He's certainly trying to sell it.

bless him.

The Z4 coupe are a good looking car and why they will be regarded as classics

What a laughable advert...Do people really write such BS?

It is a grim advert to read. I wish people would stick to the facts.

Does anyone know how many of these Sepang Bronze Z4 M Coupes are in the UK ?

[DoubleD]

RATATTAK said:

DoubleD said:

SidewaysSi said:

hyphen said:

Quadcamboy said:

samoht said:

Z4M Coupe, £24k
https://www.pistonheads.com/buy/listing/10655943 (Ad is worth a read too)

He's certainly trying to sell it.

bless him.

The Z4 coupe are a good looking car and why they will be regarded as classics

What a laughable advert...Do people really write such BS?

It is a grim advert to read. I wish people would stick to the facts.

Does anyone know how many of these Sepang Bronze Z4 M Coupes are in the UK ?

The owner is most likely on here so maybe he could tell us.

[1Rb]

Funnily enough I think the ford is probably the highest up on the list for appreciating.

I love the gransport and perhaps they might hit their stride but they've seemed to do naff all in recent years.

[Mr Tidy]

RATATTAK said:

Does anyone know how many of these Sepang Bronze Z4 M Coupes are in the UK ?

Someone on z4forum put together a database that suggests 10 of the 592 M Coupes registered in the UK were Sepang Bronze - but I'm not really a fan. Imola Red looks much better IMO.

But as someone has said, the Ford is probably the safest bet in terms of depreciation-free!

I've seen plenty of T-shirts with the slogan "Old Fords Never Die - They Just Go Faster". But maybe they should say "Old Fords Never Get Any Better - They Just Get Dearer"!

[Welshbeef]

I don’t think anyone should be talking investment or appreciating asset.

But then because you want them - we will have 4million unemployed that’s a huge number no longer pushing up prices and those in work will tighten their belts again reducing the demand on what are luxury and unnecessary purchases.

If they do go up quality problem if not and they depreciate you’ve accounted for it.

[ess]

samoht said:

Z4M Coupe, £24k
https://www.pistonheads.com/buy/listing/10655943 (Ad is worth a read too)

That looks stunning in Bronze.
The lighter colours really emphasise the Bangle 'flame surfacing'.

S

[p4cks]

This is where my money would (and did) go...

[MK1RS Bruce]

borat52 said:

W12AAM said:

I don't know what other peoples circumstances are at the moment & thankfully, i live in the S.East and i am still working..although the future is uncertain for me with a downsize in demand & most projects being shelved.
However; Most of my friends and colleagues (all well-paid "office / professional" sorts) have either been put on furlough, laid off or having their workforce drastically reduced by upto 2/3rd's or more.

Despite a boost (late) this year in car sales, due to no-one being able to buy anything during lock-down, accrued money as no one going on holiday & reduced travelling costs as most of us were WFM + then pent-up demand over supply, since - which has meant (like estate agents) there is currently a mini-boom...

I cannot help wondering what will next year be like?...
And i personally think we will be going through a late 1980's "crash/depression" with very low demand for any cars, because most people will either be selling to raise cash OR not buying because their number 1 priority (apart from seeking new employment) is to just to keep the roof over their head.

Sorry to be such a doom-merchant....But I do remember the last big crash in the late 80's, when a lot of classics/future classics all crashed drastically in value.

Quite agree, the boom in classic car prices is driven largely by cheap finance and a lack of return elsewhere on money.
If we start to see interest rates increase and a fall in asset prices as a result then the investment money will surely try to leave the property / car market at the margin.

The last 13 years has been built on no interest rates and government borrowing / printing in order to keep the global economies crawling. Surely we cant borrow / print indefinitely which would spell the beginning of a very different economic era.

I think anyone who thinks the future is bright is under the illusion that borrowing and printing infinite money is a sustainable long term plan.

I agree with what you are saying but I think interest rates will have to stay low for a very long time as a huge percentage of the country are borrowed well beyond their means if the base rate was even to climb a couple of percent. This isn't going to change anytime as people have built their lives around low interest rates, imagine if they go to change their car at the end of the PCP deal and are told they can't change like for like and can only afford a bog standard aygo instead of a SQ5? Banks would also find themselves with a huge amount of bad debt as housing prices drop and millions end up in negative equity.

So as long as the interest stays low people with cash will look for places to put it where it will grow above what savings accounts are offering and as we have already seen, lots of people choose cars.

not saying this is sustainable but I don't see it changing anytime soon.

[so called]

MK1RS Bruce said:

borat52 said:

W12AAM said:

I don't know what other peoples circumstances are at the moment & thankfully, i live in the S.East and i am still working..although the future is uncertain for me with a downsize in demand & most projects being shelved.
However; Most of my friends and colleagues (all well-paid "office / professional" sorts) have either been put on furlough, laid off or having their workforce drastically reduced by upto 2/3rd's or more.

Despite a boost (late) this year in car sales, due to no-one being able to buy anything during lock-down, accrued money as no one going on holiday & reduced travelling costs as most of us were WFM + then pent-up demand over supply, since - which has meant (like estate agents) there is currently a mini-boom...

I cannot help wondering what will next year be like?...
And i personally think we will be going through a late 1980's "crash/depression" with very low demand for any cars, because most people will either be selling to raise cash OR not buying because their number 1 priority (apart from seeking new employment) is to just to keep the roof over their head.

Sorry to be such a doom-merchant....But I do remember the last big crash in the late 80's, when a lot of classics/future classics all crashed drastically in value.

Quite agree, the boom in classic car prices is driven largely by cheap finance and a lack of return elsewhere on money.
If we start to see interest rates increase and a fall in asset prices as a result then the investment money will surely try to leave the property / car market at the margin.

The last 13 years has been built on no interest rates and government borrowing / printing in order to keep the global economies crawling. Surely we cant borrow / print indefinitely which would spell the beginning of a very different economic era.

I think anyone who thinks the future is bright is under the illusion that borrowing and printing infinite money is a sustainable long term plan.

I agree with what you are saying but I think interest rates will have to stay low for a very long time as a huge percentage of the country are borrowed well beyond their means if the base rate was even to climb a couple of percent. This isn't going to change anytime as people have built their lives around low interest rates, imagine if they go to change their car at the end of the PCP deal and are told they can't change like for like and can only afford a bog standard aygo instead of a SQ5? Banks would also find themselves with a huge amount of bad debt as housing prices drop and millions end up in negative equity.

So as long as the interest stays low people with cash will look for places to put it where it will grow above what savings accounts are offering and as we have already seen, lots of people choose cars.

not saying this is sustainable but I don't see it changing anytime soon.

My first Mortgage had 15% interest.

[Adey B]

Just checked out PH only to see my Tamora being reviewed by MB and what a great piece about future classics. Obviously I am biased this being my second TVR previously owning a Chimaera however the Speed Six has far more clout and the handling is superior. You will only experience this by driving one and finding yourself engaged quite quickly like I did ! One thing for sure I will return to TVR ownership very soon as the sound and thrill is infectious in the meantime this beauty is for sale with the Str8six team at Lewknor in Oxfordshire.

[DoubleD]

MK1RS Bruce said:

interest rates will have to stay low for a very long time as a huge percentage of the country are borrowed well beyond their means

What percentage are in this position?

[MK1RS Bruce]

DoubleD said:

MK1RS Bruce said:

interest rates will have to stay low for a very long time as a huge percentage of the country are borrowed well beyond their means

What percentage are in this position?

Well between 2016 and 2018 across all 10 wealth deciles every single one of them had a proportion above 50% in debt with a combination of property and financial debt, I don't think the situation will have improved.

Not to mention if the interest rate was to rise significantly it would be a cascade effect of dropping house prices and negative equity

[white_goodman]

Those Giugiaro-styled Maserati Coupes have really grown on me over the years and that one looks lovely but I wouldn't touch it with that Cambiocorsa transmission, so the TVR would be the one for me.

Surely a manual R8 V8, V8V, 997 Carrera or R35 GTR would also be attainable at that budget though? That's where my money would probably go.

Edited by white_goodman on Tuesday 6th October 16:33

[white_goodman]

MK1RS Bruce said:

DoubleD said:

MK1RS Bruce said:

interest rates will have to stay low for a very long time as a huge percentage of the country are borrowed well beyond their means

What percentage are in this position?

Well between 2016 and 2018 across all 10 wealth deciles every single one of them had a proportion above 50% in debt with a combination of property and financial debt, I don't think the situation will have improved.

Not to mention if the interest rate was to rise significantly it would be a cascade effect of dropping house prices and negative equity

I have nothing concrete to confirm this but I've heard it suggested that negative interest (on savings) could become a possibility to encourage people to spend and build back the economy.

[DoubleD]

MK1RS Bruce said:

DoubleD said:

MK1RS Bruce said:

interest rates will have to stay low for a very long time as a huge percentage of the country are borrowed well beyond their means

What percentage are in this position?

Well between 2016 and 2018 across all 10 wealth deciles every single one of them had a proportion above 50% in debt with a combination of property and financial debt, I don't think the situation will have improved.

Not to mention if the interest rate was to rise significantly it would be a cascade effect of dropping house prices and negative equity

Yes, but what percentage have borrowed well beyond their means?

[PaulJC84]

DoubleD said:

RATATTAK said:

DoubleD said:

SidewaysSi said:

hyphen said:

Quadcamboy said:

samoht said:

Z4M Coupe, £24k
https://www.pistonheads.com/buy/listing/10655943 (Ad is worth a read too)

He's certainly trying to sell it.

bless him.

The Z4 coupe are a good looking car and why they will be regarded as classics

What a laughable advert...Do people really write such BS?

It is a grim advert to read. I wish people would stick to the facts.

Does anyone know how many of these Sepang Bronze Z4 M Coupes are in the UK ?

The owner is most likely on here so maybe he could tell us.

Just read all that. Anyone got a link to the Youtube vid........

[MK1RS Bruce]

DoubleD said:

MK1RS Bruce said:

DoubleD said:

MK1RS Bruce said:

interest rates will have to stay low for a very long time as a huge percentage of the country are borrowed well beyond their means

What percentage are in this position?

Well between 2016 and 2018 across all 10 wealth deciles every single one of them had a proportion above 50% in debt with a combination of property and financial debt, I don't think the situation will have improved.

Not to mention if the interest rate was to rise significantly it would be a cascade effect of dropping house prices and negative equity

Yes, but what percentage have borrowed well beyond their means?

More than 1% and less than 100% would be my guess with any number in that range being a "huge" percentage when you consider the number of people that it applies to. I've obviously upset you with my statement though so feel free to correct me if you feel I am wrong.

[leef44]

Adey B said:

Just checked out PH only to see my Tamora being reviewed by MB and what a great piece about future classics. Obviously I am biased this being my second TVR previously owning a Chimaera however the Speed Six has far more clout and the handling is superior. You will only experience this by driving one and finding yourself engaged quite quickly like I did ! One thing for sure I will return to TVR ownership very soon as the sound and thrill is infectious in the meantime this beauty is for sale with the Str8six team at Lewknor in Oxfordshire.

Well sir, you have good taste