Car Collection on a Budget

Car Collection on a Budget

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Discussion

mcbook

Original Poster:

1,384 posts

176 months

Sunday 11th September 2011
quotequote all
Wouldn't it be great to have a garage full of appreciating classic Ferraris, Lambos, Porsches, rare Mercs and BMWs?

Unfortunately I don't have the spare cash for that but I've been thinking about building a nice collection on a budget. Let's say 10 grand to start with. The rules are that you need to buy two cars to get the collection going and you have a max of 10 grand to spend.

The cars must be sporty, interesting, rare, have some kind of historical significance and be likely to increase in value (or at least not depreciate that much)over the medium-long term.

I'll start with these two.

http://www.pistonheads.com/sales/3202374.htm

The BMW might not be the rarest but I think in time the good 3.0 cars will be collectable. A lower milage example would be ideal.

http://www.pistonheads.com/sales/3160885.htm

I was initially looking for a MkI Golf GTI but couldn't find one. I reckon this 205 is a good substitute.

XitUp

7,690 posts

205 months

Sunday 11th September 2011
quotequote all
£2k on a Mk1 MX-5
£2k on a W126 500 SEL
Split the rest between a Series I land rover and a mk1 Honda Insight.

You won't lose much money on them, they've all sank about as low as they'll go.

mcbook

Original Poster:

1,384 posts

176 months

Sunday 11th September 2011
quotequote all
XitUp said:
£2k on a Mk1 MX-5
£2k on a W126 500 SEL
Split the rest between a Series I land rover and a mk1 Honda Insight.

You won't lose much money on them, they've all sank about as low as they'll go.
Do you think you'd be able to get a 500 SEL in good condition for that kind of money? I'm not so sure.

The MX-5 is quite a good shout but I've never really been a fan.

The Landy and Honda are good suggestions but not for my collection - must be at least a little sporty.

XitUp

7,690 posts

205 months

Sunday 11th September 2011
quotequote all
Depends on what you mean by good condition.

West4x4

672 posts

173 months

Sunday 11th September 2011
quotequote all
You've got to but mint original examples. a mint original series 1 landrover will take up most of your budget. The 205 is a good call but a decent one will be £5k gone. Mark 1 MX5 is another good suggesetion

TameRacingDriver

18,094 posts

273 months

Sunday 11th September 2011
quotequote all
I reckon I could put up with a 3 car garage consisting of a Mazda MX-5 Mk1 or alternatively a 944 S2, a Toyota MR2 Turbo, and a Honda Integra Type-R.

mcbook

Original Poster:

1,384 posts

176 months

Sunday 11th September 2011
quotequote all
TameRacingDriver said:
I reckon I could put up with a 3 car garage consisting of a Mazda MX-5 Mk1 or alternatively a 944 S2, a Toyota MR2 Turbo, and a Honda Integra Type-R.
Honda Integra Type R would be a good addition. Definitely a place in history for that.

Less sure about the 944 S2 and MR2 Turbo... are they special enough? 944 Clubsport maybe, but that's way over budget.

NiceCupOfTea

25,289 posts

252 months

Sunday 11th September 2011
quotequote all
Saab 900 T16S
Mazda MX-5 Mk.1

Just missed out on adding an e34 540 Touring manual to the stable last week banghead

al1991

4,552 posts

181 months

Sunday 11th September 2011
quotequote all
Do you have to include one daily driver in the £10K collection? Or can we presume reliable commuting transport taken care of?

If so, I'm going to say:

Mazda MX5 MK1 - £1650.



http://www.pistonheads.com/sales/3182936.htm

Ford Puma - £1775.



http://www.pistonheads.com/sales/3211300.htm

TVR S3 - £4K.



http://www.pistonheads.com/sales/3127019.htm

Old Land Rover, Series IIA - £2700.



http://www.pistonheads.com/sales/3206834.htm

A smidge over £10K for that lot. Bargainous.

al1991

4,552 posts

181 months

Sunday 11th September 2011
quotequote all
Although I might be persuaded to swap the Puma for an old XJ?

davepoth

29,395 posts

200 months

Sunday 11th September 2011
quotequote all
http://www.pistonheads.com/sales/3081940.htm



£7,000

http://www.pistonheads.com/sales/3130692.htm



£3,000

I reckon the RS is about done with depreciation and is a fast Ford, so will go for silly money in future. The Mini is already increasing in value.

mcbook

Original Poster:

1,384 posts

176 months

Sunday 11th September 2011
quotequote all
Let's assume the daily driver is already taken care of. These cars will be for polishing and the occassional weekend blast.

Jonty355

4,423 posts

214 months

Sunday 11th September 2011
quotequote all
Ok, to make it a little more difficult I reckon going for 4 cars on £10k budget. Then it is a collection rather than just what could be a daily and weekend drivers

Here's my selection of classics. The value on these must surely only have one direction from now on! All rare, interesting etc.


Link to F1, A Lotus in JPS colours: Lotus Excel SE (£3k)
http://www.pistonheads.com/sales/2661266.htm

Getting rare, and can only go up in value: MK3 Ford Escort RS1600i (£3k)
http://www.pistonheads.com/sales/3140693.htm

No collection is complete without a classic Mini: (£1.8K)
http://www.pistonheads.com/sales/3149249.htm

American Muscle car, imortalised by Knight Rider: Pontiac Firebird (£2.5k)
http://www.pistonheads.com/sales/1846465.htm

mcbook

Original Poster:

1,384 posts

176 months

Sunday 11th September 2011
quotequote all
davepoth said:
http://www.pistonheads.com/sales/3081940.htm

http://www.pistonheads.com/sales/3130692.htm


I reckon the RS is about done with depreciation and is a fast Ford, so will go for silly money in future. The Mini is already increasing in value.
This is my favourite post so far. Fits perfectly with what I was thinking. That RS look very, very nice.

mcbook

Original Poster:

1,384 posts

176 months

Sunday 11th September 2011
quotequote all
Jonty355 said:
Ok, to make it a little more difficult I reckon going for 4 cars on £10k budget. Then it is a collection rather than just what could be a daily and weekend drivers

Here's my selection of classics. The value on these must surely only have one direction from now on! All rare, interesting etc.


Link to F1, A Lotus in JPS colours: Lotus Excel SE (£3k)

Getting rare, and can only go up in value: MK3 Ford Escort RS1600i (£3k)

No collection is complete without a classic Mini: (£1.8K)

American Muscle car, imortalised by Knight Rider: Pontiac Firebird (£2.5k)
I like the idea of four cars but also like the options that become available when you have 5K per car to spend. I really like the Escort but not in love with the Lotus or Pontiac.

johnpeat

5,328 posts

266 months

Sunday 11th September 2011
quotequote all
mcbook said:
Wouldn't it be great to have a garage full of appreciating classic Ferraris, Lambos, Porsches, rare Mercs and BMWs?

Unfortunately I don't have the spare cash for that but I've been thinking about building a nice collection on a budget. Let's say 10 grand to start with. The rules are that you need to buy two cars to get the collection going and you have a max of 10 grand to spend.

The cars must be sporty, interesting, rare, have some kind of historical significance and be likely to increase in value (or at least not depreciate that much)over the medium-long term.

I'll start with these two.

http://www.pistonheads.com/sales/3202374.htm

The BMW might not be the rarest but I think in time the good 3.0 cars will be collectable. A lower milage example would be ideal.

http://www.pistonheads.com/sales/3160885.htm

I was initially looking for a MkI Golf GTI but couldn't find one. I reckon this 205 is a good substitute.
The M3 is the least desireable version of a car which isn't that desireable anyway - not a good choice IMO

The 205 is a cracking choice - but not that one, it's FAR FAR too expensive (most 205 GTIs are now climbing in value but that's a bit silly).

mx5tom

573 posts

174 months

Sunday 11th September 2011
quotequote all
£1-2k on a mk1 MX5
£8k on a TVR Chimaera

Or

Swap the £8k Chimaera for a ropier, cheaper example and squeeze in a cheap kit car for a few thousand.

Perfect. smile

Jonty355

4,423 posts

214 months

Sunday 11th September 2011
quotequote all
I'm sorry but I just dont see the MX5 becoming a collectors car, ever!

I know they're good, but they are so mass produced! And they still make them in a new form. They just aren't rare or special enough because they're so useable!

I know I suggested the Mini, but there is only one Mini! The BMW Minis aren't minis.

Jonty355

4,423 posts

214 months

Sunday 11th September 2011
quotequote all
mcbook said:
Jonty355 said:
Ok, to make it a little more difficult I reckon going for 4 cars on £10k budget. Then it is a collection rather than just what could be a daily and weekend drivers

Here's my selection of classics. The value on these must surely only have one direction from now on! All rare, interesting etc.


Link to F1, A Lotus in JPS colours: Lotus Excel SE (£3k)

Getting rare, and can only go up in value: MK3 Ford Escort RS1600i (£3k)

No collection is complete without a classic Mini: (£1.8K)

American Muscle car, imortalised by Knight Rider: Pontiac Firebird (£2.5k)
I like the idea of four cars but also like the options that become available when you have 5K per car to spend. I really like the Escort but not in love with the Lotus or Pontiac.
Could always swap the Lotus for a Robin Hood super 7 replica:
http://www.pistonheads.com/sales/3189794.htm

And the Pontiac for a Lancia Delta:
http://www.pistonheads.com/sales/3189627.htm

Edited by Jonty355 on Sunday 11th September 13:33

mcbook

Original Poster:

1,384 posts

176 months

Sunday 11th September 2011
quotequote all
johnpeat said:
The M3 is the least desireable version of a car which isn't that desireable anyway - not a good choice IMO

The 205 is a cracking choice - but not that one, it's FAR FAR too expensive (most 205 GTIs are now climbing in value but that's a bit silly).
Ok, I take you feedback on board and counter with these two.

Subaru Impreza P1 - surely there is no argument against this one!

http://www.pistonheads.com/sales/3211481.htm

Here's a cheaper 205... not quite a s nice as the last one I posted but significantly less pricey.

http://www.pistonheads.com/sales/3185372.htm