Future Classic?
Discussion
With the boredom of lock down been looking on line at cars as you do. Spotted a MK1 Focus at a nearby dealer, one owner low mileage and reasonable price, thinking whether its worth a punt keep it a few years then move it on for a profit, when you see the price some 70's & 80's Ford's fetch I'm tempted, what does everyone else think?
If it's an RS or maybe an ST version then it maybe worth a go?
Otherwise I think you will be waiting an awfully long time for any value increase if at all. When you reference 70's and 80's cars bare in mind they are over 40 years old now in some cases and even then XR badged Fords from the 80's aren't that high value in the main.
Otherwise I think you will be waiting an awfully long time for any value increase if at all. When you reference 70's and 80's cars bare in mind they are over 40 years old now in some cases and even then XR badged Fords from the 80's aren't that high value in the main.
Jamescrs said:
If it's an RS or maybe an ST version then it maybe worth a go?
Otherwise I think you will be waiting an awfully long time for any value increase if at all. When you reference 70's and 80's cars bare in mind they are over 40 years old now in some cases and even then XR badged Fords from the 80's aren't that high value in the main.
+1Otherwise I think you will be waiting an awfully long time for any value increase if at all. When you reference 70's and 80's cars bare in mind they are over 40 years old now in some cases and even then XR badged Fords from the 80's aren't that high value in the main.
Unless its an ST or RS variant, it has little chance - certainly wouldnt be worth the maintenance and storage effort i'd have thought.
Also, for a standard cooking variant to go up in value originality, service history and provenance are key. Something average from a used car forecourt is unlikely to have that unless you strike lucky with a hidden gem.
Xcore said:
Might be worth nabbing a st170 as they are still about 10% of the value of the mk1 focus rs!
Yes, still good value. They will go up in value at some point, because Ford, but they werent a great car in their day. A bit of an "also ran".Puma would be a nice car to keep, but most cheaper ones have serious rot issues now.
Have to agree with everything that's been said as it's just a cooking model 1.8 Ghia what got my attention was 1 owner & 18k, I know it wouldn't appreciate overnight but thought it could be worth popping in the garage and just running it in the summer months, if we weren't in lock down would have gone & had a look as they aren't asking that much for it.
Bonzo1930 said:
Have to agree with everything that's been said as it's just a cooking model 1.8 Ghia what got my attention was 1 owner & 18k, I know it wouldn't appreciate overnight but thought it could be worth popping in the garage and just running it in the summer months, if we weren't in lock down would have gone & had a look as they aren't asking that much for it.
I've a 2006 BMW 330i which i probably dont really need but i saw it, took a fancy to it and bought it.The problem is now though that as much as i love it, its taking up the space that could be used for something more interesting.
If you really really want a Focus Ghia then great but buying that at a dealer retail price now might only see your money returned even in several years time (or less, given the current environment).
It might go up in value in a couple of decades, possibly.
If you're after a car that will go up in value, you probably need to dig out the special edition versions. The ST170s may rise quicker than other more affordable Focus variants. RS is well on its way to getting back to its new price. Check out the value of some of the Cosworth badged Fords from the 80s / 90s.
I caught a programme on the telly which must have been a few years old, as some bloke had managed to find a half decent BMW M5 E39 for £5k or something. Best of luck to anyone who can find a good one of them for that little money now.
If you're after a car that will go up in value, you probably need to dig out the special edition versions. The ST170s may rise quicker than other more affordable Focus variants. RS is well on its way to getting back to its new price. Check out the value of some of the Cosworth badged Fords from the 80s / 90s.
I caught a programme on the telly which must have been a few years old, as some bloke had managed to find a half decent BMW M5 E39 for £5k or something. Best of luck to anyone who can find a good one of them for that little money now.
Edited by FK on Saturday 2nd May 21:26
I suppose it might keep it's value, but only if you didn't put many miles on it and then what's the point really?
The boat has already sailed for the RS models, so if I was going to take a punt on one that might appreciate I'd be looking for a good ST170 or the MK2 ST with the 2.5 litre engine.
The boat has already sailed for the RS models, so if I was going to take a punt on one that might appreciate I'd be looking for a good ST170 or the MK2 ST with the 2.5 litre engine.
You can always look at values of cars which are maybe 10 years older to get some idea?
I just looked at some ford escorts on AT.
93K Escort 1.3. 1 owner and 9k miles. £4500
93K Escort RS2000 with 12.6k miles. £7689
94M Cosworth with 36K miles. £54995
Goes to show that unless it's something really special it won't be worth much. I was most surprised by the RS2000 which I thought would be worth more.
My mate has a Puma which he's kept for 16 years. On the surface it's mint and he keeps it well. But he uses it daily so it has 130k on it and rust is a big problem. He's had the rear arches done twice and they're starting to go again. Looks like it may need some welding before long. Other maintenance niggles cost him on a regular basis. In all it costs him over a grand a year to keep up with maintenance and it's probably worth less than a grand.
If you're planning to use an old car there's definitely no money to be had.
I just looked at some ford escorts on AT.
93K Escort 1.3. 1 owner and 9k miles. £4500
93K Escort RS2000 with 12.6k miles. £7689
94M Cosworth with 36K miles. £54995
Goes to show that unless it's something really special it won't be worth much. I was most surprised by the RS2000 which I thought would be worth more.
My mate has a Puma which he's kept for 16 years. On the surface it's mint and he keeps it well. But he uses it daily so it has 130k on it and rust is a big problem. He's had the rear arches done twice and they're starting to go again. Looks like it may need some welding before long. Other maintenance niggles cost him on a regular basis. In all it costs him over a grand a year to keep up with maintenance and it's probably worth less than a grand.
If you're planning to use an old car there's definitely no money to be had.
This is a car from the millennial generation, the millennials seem to have very little interest in cars compared to the Gen Xers and Boomers prior to them, so I doubt it's going to hold the same level of future desirability as cars from the 70's, 80's, 90's currently do.
Plus in the 30+ years time frame that others have mentioned it's quite possible that all ICE vehicles, regardless of age are banned from public roads and we're 100% EV?
Plus in the 30+ years time frame that others have mentioned it's quite possible that all ICE vehicles, regardless of age are banned from public roads and we're 100% EV?
Gassing Station | Car Buying | Top of Page | What's New | My Stuff