Cars that have hit the bottom on deprecation
Cars that have hit the bottom on deprecation
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Chim

Original Poster:

7,259 posts

206 months

Tuesday 24th June 2014
quotequote all
Ok, been looking to buy my next weekend car for a good few months now, looking to keep this one for the long term though and ideally want to buy into a future classic, this is easier said than done, have a budget of 90k and my current thinking is the 599 or the DBS.

So what are the thoughts, are these two future classics and have they hit the bottom on deprecation or a ways to go yet. If not, what others should I be looking at.

aspirated

2,540 posts

175 months

Tuesday 24th June 2014
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I'd get either a 993 Turbo Manual or an E46 CSL plus a 1M coupe

Northernchimp

1,282 posts

161 months

Tuesday 24th June 2014
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They'll both drop much further surely? £50k beckons.

Pit Pony

11,262 posts

150 months

Tuesday 24th June 2014
quotequote all
Cars that have reached ROCK bottom on depreciation.

Mk4 astra 1.4 8V.
Mk2 Mx5
Mk4 golf 1.6
Mk5 escort
Micra circa 1996
Punto's over 4 years old
BMW 316 circa 1998

For your £90K I reckon you could have a different car every week for 2 years, and if lucky (assuming you purchase carefully) could turn the £90K into £90.1K

Chim

Original Poster:

7,259 posts

206 months

Tuesday 24th June 2014
quotequote all
No manual, can't be arsed flaffing around with gears. Fine on a classic, useless on modern performance car

Chim

Original Poster:

7,259 posts

206 months

Tuesday 24th June 2014
quotequote all
Pit Pony said:
Cars that have reached ROCK bottom on depreciation.

Mk4 astra 1.4 8V.
Mk2 Mx5
Mk4 golf 1.6
Mk5 escort
Micra circa 1996
Punto's over 4 years old
BMW 316 circa 1998

For your £90K I reckon you could have a different car every week for 2 years, and if lucky (assuming you purchase carefully) could turn the £90K into £90.1K
Thanks for that, really useful

R6VED

1,490 posts

169 months

Tuesday 24th June 2014
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Someone's gonna say it so it may as well be me :-) worst I've got £90k to spend on a car thread ever.

Northernchimp

1,282 posts

161 months

Tuesday 24th June 2014
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If you want a rock solid investment, buy 4 brand new top spec petrol Citroen C5s.

Chim

Original Poster:

7,259 posts

206 months

Tuesday 24th June 2014
quotequote all
Northernchimp said:
They'll both drop much further surely? £50k beckons.
Not so sure, the are holding up well at the moment. You will struggle to find a decent early 2006/7 599 for under 85k. Early DBS around the same. Been at this price point for over a year now

pistonuser

178 posts

150 months

Tuesday 24th June 2014
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A Nice 997 Turbo?


Chim

Original Poster:

7,259 posts

206 months

Tuesday 24th June 2014
quotequote all
R6VED said:
Someone's gonna say it so it may as well be me :-) worst I've got £90k to spend on a car thread ever.
Yip, expect that, its PH though, it for car advice. If I was asking about a 20k budget no one would bat an eye lid. What I'm interested in though is the majority of advice that is normally sensible and informative.

Chim

Original Poster:

7,259 posts

206 months

Tuesday 24th June 2014
quotequote all
pistonuser said:
A Nice 997 Turbo?
Its on the list, never been a huge fan of Porsche though, have been looking though as the 997 looks like a solid future classic

Catatafish

1,523 posts

174 months

Tuesday 24th June 2014
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I sell crystal balls for 100k. Tough luck frown

DavidJG

4,155 posts

161 months

Tuesday 24th June 2014
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997 turbo will drop much lower than it is at present, just look at 996s & 993s for proof. 993 is now going up again.

I wouldn't expect the Diablo to go much lower, and you might have enough left over to buy a Caterham for extra fun!


s p a c e m a n

12,074 posts

177 months

Tuesday 24th June 2014
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Gallardo?

itz_baseline

833 posts

250 months

Tuesday 24th June 2014
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Depends how long 'long term' is. IMO given enough time both will dip and then return to more than £90k. They are both future classics. Sounds silly, but test drive both and see which you prefer. That way you can never say you have bought the wrong one if one appreciates more than the other.

lewisf182

2,242 posts

217 months

Tuesday 24th June 2014
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997 gt3 rs. 100% future glassic. Just not sure if its really hit the bottom yet.

Chim

Original Poster:

7,259 posts

206 months

Tuesday 24th June 2014
quotequote all
This will probably be my last big car purchase so looking at 10-15 years of ownership, by that time I will to old and craggy to keep it so will look to pass on smile

Porsche seems the safe bet financially, they just don't really give me that smile factor when driving one. Have driven both the 599 and DBS, both are epic, 599 far quicker though. Not a fan of lambo, bit old for that look now I think

Justayellowbadge

37,057 posts

271 months

Tuesday 24th June 2014
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599 quite the thing, but I'd save a bit and go 550.


deltashad

6,731 posts

226 months

Tuesday 24th June 2014
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Testarossa