What will you buy after depreciation?
Discussion
Did a bit of searching and couldn't see a topic like this about.
If you are like me and don't have much money and refuse to buy a car on Finance this may apply to you.
I often think about what new cars of today i will buy in years to come , once Depreciation has done its work.
I currently drive a 1997 Toyota MR2 , which i bought for £2500 in 2013.
I can definitely see myself buying a GT86 one day when you can get them around the 3-4k mark.
So i wonder.
Are there any cars out there today that you can see yourself buying in the future once they are cheaper?
That is , unless all Petrol cars are banned before 2040!
If you are like me and don't have much money and refuse to buy a car on Finance this may apply to you.
I often think about what new cars of today i will buy in years to come , once Depreciation has done its work.
I currently drive a 1997 Toyota MR2 , which i bought for £2500 in 2013.
I can definitely see myself buying a GT86 one day when you can get them around the 3-4k mark.
So i wonder.
Are there any cars out there today that you can see yourself buying in the future once they are cheaper?
That is , unless all Petrol cars are banned before 2040!
Been daily driving a VX220 for 6 years (65,000 miles) and despite the miles (133,000), it won't be worth much under the £7200 I paid for it.
It's getting to a point where it could do with a winter off the road to sort out some annoyances on it so I've spent the last few months trying to see if any hot hatches have bottomed out.
Tempted by a Mito Cloverleaf, though as I'm looking at the first edition, it's hard to tell when they will bottom out. Though a lot of stories suggest depreciation will be small fry in the running costs of ones that age.
It's getting to a point where it could do with a winter off the road to sort out some annoyances on it so I've spent the last few months trying to see if any hot hatches have bottomed out.
Tempted by a Mito Cloverleaf, though as I'm looking at the first edition, it's hard to tell when they will bottom out. Though a lot of stories suggest depreciation will be small fry in the running costs of ones that age.
designforlife said:
Nissan 350zs are currently pretty much bottomed out, so thats a very real temptation...i think those are only going to go up in due time, and you can pick them up so cheap right now.
+1UK cars have been around the £5,000-£6,000 price point for several years.
Actually, come to think of it, 370Zs have been just over £11K for a while now so they may have bottomed out.
Clio 172 / 182. Clio 197 looks like value at maybe £3K. Clio 200 will have to bottom out soon - they're "the last in line" of the NA hot hatches so there must be a point where they drop no further.
Z4 Coupes have bottomed out too.
LayZ said:
640d Gran Coupe. Still strong money though.
Quattroporte VI's diesels are looking like promising depreciators though, so that might tempt me away. e.g. this one.
If you have enough room go for the 640, they are lovely cars just watch the spec and ride. Some people think they are "sporty" they are more GT than anything although the ride without trick dampers is a little firm on 20's.Quattroporte VI's diesels are looking like promising depreciators though, so that might tempt me away. e.g. this one.
Also watch the odd front tyre size which means it can be annoying sometimes to get hold of...
Minus that I have put 20k on mine in 1.5 years.
I'll put in another vote for the gt86 or BRZ, when they hit the lowest i'd love to throw some cash their way, if they release a convertible model i'd be more willing to part with cash.
One of the cars i wish i'd thrown money at when they bottomed out before a massive spike in price was the Clio V6, those things were around 6-7grand a few years ago and now are insane money.
One of the cars i wish i'd thrown money at when they bottomed out before a massive spike in price was the Clio V6, those things were around 6-7grand a few years ago and now are insane money.
MrBrightSi said:
I'll put in another vote for the gt86 or BRZ, when they hit the lowest i'd love to throw some cash their way, if they release a convertible model i'd be more willing to part with cash.
I was going to say the GT86 (or BRZ) too. Though I'd need to add a turbo or supercharger to it, as they just don't have enough power as they are.A few years ago I was tempted by the BMW 840s, having always wanted one. I just couldn't justify using one as a daily so I bought an e46 330 instead. Now the 8 series have massively appreciated and are well beyond what I'd pay for one. Damn it!
The issue I have is the car I want to buy will keep depreciating and will soon not be worth the road fund licence all the time it remains at £500 p/a!!!
Is it just me that hates the fact that so many good cars are in this VED bracket even though they are only worth two 'n' tuppence???
Is it just me that hates the fact that so many good cars are in this VED bracket even though they are only worth two 'n' tuppence???
StuTheGrouch said:
I was going to say the GT86 (or BRZ) too. Though I'd need to add a turbo or supercharger to it, as they just don't have enough power as they are.
A few years ago I was tempted by the BMW 840s, having always wanted one. I just couldn't justify using one as a daily so I bought an e46 330 instead. Now the 8 series have massively appreciated and are well beyond what I'd pay for one. Damn it!
When they've dropped in value quite a bit, it opens up the option of the aftermarket tuning side, there are plenty of companies offering decent turbo packages now for a few grand, it does make a lot of sense to give it the grunt it deserves when you buy one, just can't add that ontop of the current prices. A few years ago I was tempted by the BMW 840s, having always wanted one. I just couldn't justify using one as a daily so I bought an e46 330 instead. Now the 8 series have massively appreciated and are well beyond what I'd pay for one. Damn it!
This is pretty much how I've always bought cars.
If I have a copy of Autocar tucked under my arm, non-car people will often ask if I'm looking to buy a new car. I always reply "Yes, in about 10 years time". That confuses 'em!
Some examples:
When I got my first glimpse of an E39 5-Series, I promised myself I'd have one when they got into shed territory. Many years later, I bought a 1999 528i SE Touring for £950. Lovely car.
Similarly, when BMW brought out the E38 7-Series, I committed myself to getting one when they became sensible money. I bought a 1996 740i in 2007 for £2,200 (an absolute bargain at the time).
When Land Rover replaced the P38 Rangie with the L322, I made a mental note to buy one in about 10 years time. It's taken a little longer than that, but an L322 is now my daily driver.
I've done similar with Jags, more Bimmers, Mercs... All sorts, really.
If I have a copy of Autocar tucked under my arm, non-car people will often ask if I'm looking to buy a new car. I always reply "Yes, in about 10 years time". That confuses 'em!
Some examples:
When I got my first glimpse of an E39 5-Series, I promised myself I'd have one when they got into shed territory. Many years later, I bought a 1999 528i SE Touring for £950. Lovely car.
Similarly, when BMW brought out the E38 7-Series, I committed myself to getting one when they became sensible money. I bought a 1996 740i in 2007 for £2,200 (an absolute bargain at the time).
When Land Rover replaced the P38 Rangie with the L322, I made a mental note to buy one in about 10 years time. It's taken a little longer than that, but an L322 is now my daily driver.
I've done similar with Jags, more Bimmers, Mercs... All sorts, really.
Occasionally I see a Citroen corrugated van 'H' or 'HY', I believe, and think I would love one of those. I have just looked at prices for 1970s models, £20k plus!!!
Summertime, and see a lot of VW Kombis out and about. I wouldn't mind one of those. BRZ maybe.
Perhaps a red GPO rural van - park on any kerb you like!
Summertime, and see a lot of VW Kombis out and about. I wouldn't mind one of those. BRZ maybe.
Perhaps a red GPO rural van - park on any kerb you like!
Indeed. It was like the RX8s when they were still quite expensive, the prospect of an engine rebuild on top was a daunting one. Now people seek out the broken ones for under £1k, pay £2k for a rebuild and for a total outlay of £3k you have a car with freshly rebuilt engine (with a warranty).
When the GT86s get to £5-6k, I can see a lot of people going for them with the intention of modifying them. £8-9k for such a car with the extra power (300 bhp plus, I'd imagine) would appeal. There will also be quite a lot coming up for sale with turbos and superchargers already installed when that happens.
When the GT86s get to £5-6k, I can see a lot of people going for them with the intention of modifying them. £8-9k for such a car with the extra power (300 bhp plus, I'd imagine) would appeal. There will also be quite a lot coming up for sale with turbos and superchargers already installed when that happens.
Gassing Station | Car Buying | Top of Page | What's New | My Stuff