Discussion
I've been following a thread about the classic car market and the potential for investments, car values etc. I couldn't afford a £100k super car, but even if I could, I'm not even sure I'd want one. When I think of the car I could build, for the fraction of the price of a Ferrari or whatever, there's no question. I would build my own car every time. In fact, I've done just that with my old E21 BMW. I've built it specifically for me and I'm sure it'll put as much of a smile on my face as any high value exotica. That said, maybe I'm missing something? Are high priced exotics worth the money?
e21Mark said:
I've never driven one but have seen some incredible dyno numbers. I know TWR did some conversions too. Are they hard to find / expensive?
What, Monaros? No, you can find them, speak to preciousmetal from this forum, he deals them. Nowhere near as refined as a BMW but lots of brutish fun. Try one, you might like it.
As soon as you hear the words "car" and "investment" in the same sentence it's time to run a mile!
Almost no cars appreciate in value once you adjust for inflation. And then there's the annual costs. And the need to avoid adding any significant mileage.
Then people tell you it's the expensive cars which a are most likely to appreciate. But the more you spend the higher your risk. and they don't necessarily do what people expect.
Cars are for driving, not investing. People like Nick Mason and Chis Evans are just playing with their pocket money.
Almost no cars appreciate in value once you adjust for inflation. And then there's the annual costs. And the need to avoid adding any significant mileage.
Then people tell you it's the expensive cars which a are most likely to appreciate. But the more you spend the higher your risk. and they don't necessarily do what people expect.
Cars are for driving, not investing. People like Nick Mason and Chis Evans are just playing with their pocket money.
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