So what affordable newish car is destined to hold its value?
Discussion
I remember 10 years ago looking at cars like the Subaru Impreza WR1 (the best of them were some years old around £15K at the time) and the rare but importable 4 door saloon white Type R at £19,995, or even to some extent the STi of the time and were £26,995 and when i look now they clearly held their money very well.
Anyone any thoughts on current affordable (ish) cars that might follow suit?
Fun, usable but destined to hold their money?
Anyone any thoughts on current affordable (ish) cars that might follow suit?
Fun, usable but destined to hold their money?
krisdelta said:
I can't help thinking that fast-forward 3 years the new "baby" Aston will be available for a song once the next credit crunch hits. There were 3/4 year old cars being shifted for a 3rd of their list price in 2010 and haven't dropped below that price 7 years later.
You could be right - no not terribly affordable per se?Though 10 year old Vantage do seem to have been sitting at around £30,000 to £35,000 for several years now.
Was thinking more mainstream stuff though?
Focus RS used to be contenders but i think the new one is a continuing model rather than a limited edition so might drop accordingly?
I can't help thinking that a LCI M135i or an early M140i will do well, for a few reasons:
- massive discounts were available (a little less favourable now) so that may benefit a second hand buyer if buying from a private seller
- their inherent residuals have been excellent despite the above
- BMW are likely to drop RWD and 6-pot for the next generation
- supply isn't huge
- massive discounts were available (a little less favourable now) so that may benefit a second hand buyer if buying from a private seller
- their inherent residuals have been excellent despite the above
- BMW are likely to drop RWD and 6-pot for the next generation
- supply isn't huge
nickfrog said:
I can't help thinking that a LCI M135i or an early M140i will do well, for a few reasons:
- massive discounts were available (a little less favourable now) so that may benefit a second hand buyer if buying from a private seller
- their inherent residuals have been excellent despite the above
- BMW are likely to drop RWD and 6-pot for the next generation
- supply isn't huge
There is too many M135i and M140i. They are selling over 1500 per quarter. - massive discounts were available (a little less favourable now) so that may benefit a second hand buyer if buying from a private seller
- their inherent residuals have been excellent despite the above
- BMW are likely to drop RWD and 6-pot for the next generation
- supply isn't huge
There is less M240i and BMW coupes are usually more desirable than a hatchback. I still can't see them doing too great in the near future.
Edited by Driver101 on Monday 30th October 11:02
Driver101 said:
nickfrog said:
I can't help thinking that a LCI M135i or an early M140i will do well, for a few reasons:
- massive discounts were available (a little less favourable now) so that may benefit a second hand buyer if buying from a private seller
- their inherent residuals have been excellent despite the above
- BMW are likely to drop RWD and 6-pot for the next generation
- supply isn't huge
There is too many M135i and M140i. They are selling over 1500 per quarter. - massive discounts were available (a little less favourable now) so that may benefit a second hand buyer if buying from a private seller
- their inherent residuals have been excellent despite the above
- BMW are likely to drop RWD and 6-pot for the next generation
- supply isn't huge
There is less M240i and BMW coupes are usually more desirable than a hatchback. I still can't see them doing too great in the near future.
HappyMidget said:
Monaro and VXR8 prices are not likely to go down, and have actually been on the up for a while now.
Agreed, although the oldest ones are 13 years old now so not that new! Prices of Monaros are the same now as they were 7 years ago and have started to increase. VXRs were always a couple of grand more than CV8s but they are much closer now as people are buying according to mileage and condition. Even cars with over 100k miles are still fetching 30% of their original price which is nuts.Having said that, back in the late 90s I was close to buying a new BMW M Coupe but bought a Fiat Coupe instead as the waiting list was shorter and it was cheaper. The BMW would be around £50k today if the classifieds are to be believed.
With leasing being what it is and an over supply of everything, I cannot see any modern car retaining much of its value. Possibly the Focus RS but that's about it.
New BMW M cars? Not a hope!
HumanDoing said:
Civic Type R.
I know they are relatively slow depreciators, but my concern with them is that unless you get a limited edition one or an import such as a DC5 then there is always a "newer" one around the corner which potentially softens used values?I know the Championship white one held its value as did the DC2, DC5 and the white saloon one they did.
I'm not terriblyup on them though...
daemon said:
I know they are relatively slow depreciators, but my concern with them is that unless you get a limited edition one or an import such as a DC5 then there is always a "newer" one around the corner which potentially softens used values?
I know the Championship white one held its value as did the DC2, DC5 and the white saloon one they did.
I'm not terriblyup on them though...
Well personally I do think Mr N. Frog has better taste in cars in preferring the M2 and the M140/M240, however BMW's model is now clearly about shoving new metal out of the door hence the huge discounts and thus lower demand for used cars. Whereas being the 'new king' of hot hatches, according to some people, one would expect the Type R to hold on a bit better? I know the Championship white one held its value as did the DC2, DC5 and the white saloon one they did.
I'm not terriblyup on them though...
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