£100-150k Pension Pot car: 10-15yrs High Risk!

[roca1976]

Following a recent inheritance, I am interested in a ‘pension pot’ car.

I am 50 with a decent pension, house paid off and enough rainy day savings. I think I am happy to take a high-risk approach and punt on a high value car with an idea to sell when I am 60-65 and release the capital.

I would like something useable for fair weather use (circa 2k p.a) and I think it needs to be £100 - 150k to maximise the strongest return.

Thoughts so far based on potential desirability due to end of era features whether it is NA, manual, limited numbers, brand image:

2018 991 GT3 4.0 Manual £120k

2021 992 GT3 4.0 Manual £150k

F430 coupe Manual £90k

Gallardo coupe Manual £?

Gallardo Valentino Balboni E Gear £100k

BMW M4 DTM / GTS £80k

Jag Project 8 £120k

Interested to hear your thoughts and suggestions (no E46 M3’s please!) and older classics.

[roca1976]

I guess track inflation and maybe start to double inflation rate from year 6 onwards? It's man maths so running costs can come out of normal earnings and assuming there are no major catastrophic failures while I own it...

[roca1976]

I have a decent public sector pension and lump sum however I would certainly be mighty annoyed at myself if it deprecated like a stone (hopefully I would have the sense to bail out if it was obviously doomed)

[roca1976]

Do we expect bona fide classics like a 1955 Aston DB2/4 or a pre A 356 bomb out as the age profile of the loaded 35-55 year olds in 2040 couldn't give a damn about them?

It's so pretty...https://www.carandclassic.com/l/C1994077

[roca1976]

That's a lovely looking thing. Probably out daily my current daily!

In the 70-100k price bracket would be a manual 993, Vantage 6.0 V12 manual. It's a daft car and could quite easily develop a cult following because it will never be repeated.

[roca1976]

As many have said the key is to buy something I really want and hope it appreciates but it wouldn't be a total show stopper if it didn't break even, however I don't want to be left trying to sell an undesirable paperweight!

I think the generation likely to be able to spend decent coin in 2040 are probably 25-35 years old now and would still desire a manual naturally aspirated supercar?

I like to think the government won't tax them off the road and synthetic fuels develop at pace. It won't be a cheap hobby but car people with the equivalent of £100k to spend on their hobby car will suck it up because there is no other alternative .

[roca1976]

I guess YouTubers make it sound simple to jump in something like a manual f430 razz it around for 10years and walk away with all your money back

[roca1976]

Hi, I am definitely not trying to boast about pension pots, who knows I might not even make it to pension age...
I am just interested to test the theory that a f430 manual (or similar) might realistically be worth £150k in ten years time and I can walk away with a nice lump sum. If I chose not to try and buy the best potential investment car I would probably just max out the premium bonds and continue to waste money buying and selling inappropriate cars.
I probably need to be more realistic and reduce annual mileage to 1k p.a to stop it just becoming a leggy old Ferrari...

[roca1976]

The car budget is likely to get a kick back to £50-70k. The inherited house is on it's third reduction! The market is terrible.

I guess I just got wrapped up listening to podcasts and thinking I could buy a 100k car, use it and walk away in ten years time with the majority of the original purchase price inflation indexed back in my pocket! That's what I was going to tell the wife...

It's been a really useful thread and I think ten years is too long to plan and five years is the longest I have kept a car for yet.

Common sense is to buy something I really want and not get wrapped up thinking it will supplement my pension lump sum.

I am sure by the time the house sells I will be another year older and wiser (assuming Trump doesn't end the world tomorrow night)