Is there any value left is the current market?
Discussion
Long time lurker and first time poster here. After waiting patiently for years (mainly due to a lack of finance) I have been looking to get back into a sporty fun car. I have been looking at some 911s (997), M3/4 (F80), Z4 (2012 onwards), Cayman (2010 onwards).
What I have notice has been discussed here before is that all of them have gone up on value, too much in the case of the Porches. This has put the very cars I saved up for now out of reach. I also don’t want to stretch myself and find them going back to previous levels in 12-18 months.
This got me thinking is there any value left in the current market for sporty fun cars, my budget was 20-30k?
What I have notice has been discussed here before is that all of them have gone up on value, too much in the case of the Porches. This has put the very cars I saved up for now out of reach. I also don’t want to stretch myself and find them going back to previous levels in 12-18 months.
This got me thinking is there any value left in the current market for sporty fun cars, my budget was 20-30k?
If you have 20-30k there are some very good cars for your budget, it's just that the size of the pool has shrank, you say you want a sportscar at which point I'd say look at the Lotus Evora & this would've been my advice pre pandemic.
Like all performance cars these have gone up slightly but prices won't come crashing down & you can get a very nice one for your budget:
https://www.autotrader.co.uk/car-details/202105112...
https://www.autotrader.co.uk/car-details/202105172...
There's also less chance of borkage & you'll have a car with a sublime chassis setup for UK roads.
Like all performance cars these have gone up slightly but prices won't come crashing down & you can get a very nice one for your budget:
https://www.autotrader.co.uk/car-details/202105112...
https://www.autotrader.co.uk/car-details/202105172...
There's also less chance of borkage & you'll have a car with a sublime chassis setup for UK roads.
J1mmy90 said:
Thanks for the reply. I did think about the Evora but don’t know much about them. Are they reliable and reasonable to maintain?
Clutch is ~3k, but that’s the only major cost that I’m aware of. Of course, a pile of usual lotus niggles no doubt.
Yes, I’m looking. I don’t like the prices much.
Edited by Mr E on Monday 14th June 15:07
J1mmy90 said:
Thanks for the reply. I did think about the Evora but don’t know much about them. Are they reliable and reasonable to maintain?
Also the question I was asking has there been anything that has not really appreciated? Has anything been immune to the recent rises?
They're easily as reliable as a Porsche, there's nothing that has been immune from a price increase from a Focus to Ferrari, or stayed the same.Also the question I was asking has there been anything that has not really appreciated? Has anything been immune to the recent rises?
In truth Evora's have been steady for a while, I'd say test drive one.
J1mmy90 said:
Thanks all for the feedback. Evora sounds like a good option. For the clutch does the 3K bill apply to both the manual and auto boxes? How long does one typically last?
Just the manualthey failed beacuse of the slave cylinders i think and there was a upgraded the the clutch lines that was retro fitted i think.
I dont think the actual clutch wears out as such, i bought a NA manual recently it had a slave replaced @ 33k
Its a very comfy car looks great sounds good and its rare and differnt unlike a porsche or M4, prices have increased a little in the last 12 months but prior to that they have been stable for a good 5 years so dont think your going to loose anything
J1mmy90 said:
Thanks for the info. How much was the slave replacement ? Is that different to a full clutch?
No its engine and box out and rear clam off thats the issue its labour that makes it expensiveMost will have had them replaced in fairness if you have a look as people are weary about them as you are
Even if you had to have it replaced at somepoint it will add value to the car & apart from that they are solid in terms of price & other reliability something that cannot be said for a 911 of the same era
I play football with a guy who does the finance for a fsirly large used dealer, and another guy who owns multiple Mercedes and vw dealerships across South wales.
Both said tonight used prices will continue to rise over the next few weeks and months. Very few new cars coming through due to production delays and lots of rrerd have had to be cancelled.
Both said tonight used prices will continue to rise over the next few weeks and months. Very few new cars coming through due to production delays and lots of rrerd have had to be cancelled.
Prices have just gone silly and not much looks like good value anymore tbh. Might be time to buy a much cheaper car to ride it out/find a reasonable lease deal.
Issue is I can’t see what would cause prices to fall back from this point really, which is frustrating as this year I was looking to get back into something tasty after funding a house renovation but just can’t bring myself to pay for a car that’s gone up £5k+ in less than a year yet is a year older with more mileage.
Issue is I can’t see what would cause prices to fall back from this point really, which is frustrating as this year I was looking to get back into something tasty after funding a house renovation but just can’t bring myself to pay for a car that’s gone up £5k+ in less than a year yet is a year older with more mileage.
Edited by lewisf182 on Thursday 17th June 13:36
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