RE: PH Service History: Bargain exotica

RE: PH Service History: Bargain exotica

Saturday 7th April 2018

PH Service History: Bargain exotica

You might think buying an exotic for a reasonable sum would be off the menu these days. Not so, as Scrof explains



Like it or not, we live in the age of the £100,000 Ford Sierra. Granted, that's £100,000 for a very special Ford Sierra, but still, it's a self-evident fact that prices of certain cars have reached rather laughable levels. With that in mind, it's very easy to assume that everything's gone up in value to such an extent as to make it unattainable.

You'd be forgiven for thinking, then, that the time for getting one's hands on a relatively inexpensive piece of performance exotica is over and done with. But I don't think it is - not just yet, anyway. There are still a few supercar bargains out there to be had.


Of course, all of these come with two caveats: they're still exotics, which means while they're relatively cheap compared with contemporaries or rivals, you won't be finding one for a few grand down at your local car supermarket. And of course, they still come with the running costs you'd associate therewith - so don't buy one expecting to look after it on a shoestring.

And so, with those warnings ringing in our ears, to my first tip for this week: the Aston Martin DB9. I mean, just look at it. It could be dire to drive and you'd still want one, wouldn't you? Which is handy, because it wasn't exactly the last word in dynamic prowess. Still, there are few big GTs that waft quite so well, or look quite so special - especially for less than £30,000 which, believe it or not, is how little you can now pick one up for. This one, on a private sale, has done a very respectable mileage, looks well in restrained grey over black leather, and comes with a full history. Deeply tempting.


Too new for you? How about a classic Italian bit of exotica with a thumping American V8? Of course, you're thinking De Tomaso, but where on earth are you going to find a Pantera for less than £50k? You're not, is the simple answer. But you can find your way into this rather lovely Iso Lele.

If you've not heard of the Lele, you're not alone. It's a four-seat super-GT with a beautiful interior and long, low coupe lines. Somewhat in the vein of the Lamborghini Espada, I'd contend - although again, an Espada will set you back around three times as much to buy, which is what makes this Lele such a bargain in my book. Power - 325hp, to be precise - comes from a 5.7-litre Ford V8. In my book, that's an awful lot of hyper-rare Italian exotic for the cash.

For not much more, though, how about something genuinely, face-meltingly quick? It isn't all that often that the words 'Porsche' and 'bargain' go together, but I can't help but feel the 997 911 Turbo is starting to feel that way. Sure, a good one like this will cost you north of £50,000, but not by much - and given that 996 Turbos, supposedly the 911 Turbo bargain of the moment, are barely any cheaper, I can't help but feel a 997 is where my money would go right now.


For that money, you get a genuine, bona fide supercar with performance to match, and a very modern iteration of one of the most iconic cars around. Throw in the sort of robustness that means you could use it every day, and I think £50k starts to look like quite sensible money - especially with 930 and 993 Turbos costing around twice that now.

But I've saved the best till last. If you're a child of the 1980s, there are few supercars out there that will loom larger than the Ferrari Testarossa. Believe it or not, Testarossas are still comparatively commonplace, which means that while there was some rampant activity around them when one example fetched big money at auction a while back, the market's cooled off since, and prices haven't inflated along with other cars of their era.

This silver example, selling at a well-regarded Ferrari specialist, has done a reasonable 29,000 miles, comes with a full service history, and has had its current owner for the last 15 years. Granted, the blue interior isn't as appealing as black or cream, but it's still a bona-fide, right-hand-drive, UK-spec Testarossa. And it'll set you back less than £100,000.


Referring back to our £100,000 Sierra of earlier, or indeed, some of the other mad prices being asked for cars of its ilk, I think that's actually very reasonable money, given we're talking about a 12-pot Ferrari that was once every schoolboy's dream car. Compare it with that other Italian supercar hero of the 1980s, the Lamborghini Countach, too - a good one of those will set you back around three times that figure.

There you have it, then: an Aston, a Porsche and a Ferrari, and even an Iso, and none of them will set you back as much as you might think. Proof positive that bonkers prices haven't yet spoiled our fun entirely.





(Thanks to Ed Callow for his help in compiling this piece.)

Author
Discussion

Iamnotkloot

Original Poster:

1,415 posts

147 months

Saturday 7th April 2018
quotequote all
The Iso for me please, but yeah they all look pretty good.....even the testicle-roaster.

TooMany2cvs

29,008 posts

126 months

Saturday 7th April 2018
quotequote all
The Lele's lovely, but it's really not that much of a looker.

Along those lines, if we step outside the confines of PH's own classifieds... (and, yes, I know that's kinda the whole point of these articles)

£40k 308GT4?
https://www.carandclassic.co.uk/car/C970442

Sticking Maranello, what about a £56k 365GT4?
https://www.carandclassic.co.uk/car/C952892

£30k Interceptor?
https://www.carandclassic.co.uk/car/C910489
OK, the colour scheme is definitely holding the price of that one back... Still well within budget, how about £70k?
https://www.carandclassic.co.uk/car/C918029
Or £85k without the lid?
https://www.carandclassic.co.uk/car/C959890

Think it'd be the 365 for me out of those.

Jimmy Recard

17,540 posts

179 months

Saturday 7th April 2018
quotequote all
That Interceptor definitely would be nicer in silver rather than gold. Also with yellow and white number plates rather than the black ones

V8 FOU

2,971 posts

147 months

Saturday 7th April 2018
quotequote all
The Lele is the top of my list.

May have to go and visit Justin for a wibble........

unsprung

5,467 posts

124 months

Saturday 7th April 2018
quotequote all
PH article said:
Throw in the sort of robustness that means you could use it every day, and I think £50k starts to look like quite sensible money
Yes, 50,000 sterling is not a small sum.

For that sort of coin, if you would pop over to America, you could have your choice of seemingly countless used car performance bargains as well as the affordable tier of exotics. LHD of course. But the shopping would not be boring.






V8RX7

26,820 posts

263 months

Saturday 7th April 2018
quotequote all
As mentioned - rubbish choices are given in the article and even on PH is £100k considered a bargain price for a car ?

How about a Maserati 4200 or Quattroporte with the Ferrari 4.2 V8 - starting around £12k they are a bargain.



Esceptico

7,438 posts

109 months

Saturday 7th April 2018
quotequote all
Aes87 said:
All of those suggestions are rubbish.

Want a bargain? Buy a Z3 M roadster. Limited numbers, naturally aspirated engine (probably the best straight 6 ever made in the s50 - better than the later mass-produced s54), manual, RWD, analogue BMW M perfection from the 90s. And rated by Tiff as the best handling car in the world at launch, ahead of cars like the 360 Modena.

Looks bloody good too in Estoril blue. If I had 30 grand to drop on a car I’d bypass the overrated, dated and dynamically average DB9 in favour of the roadster without a moment’s hesitation. And have a proper laugh behind the wheel
Dynamically the Z4M might slaughter a DB9...yet to look at the DB9 wins hands down. I was filling up the other day and one not dissimilar to the picture in the article was next to me. Even after all these years it still looked amazing to me eyes. I also think the earlier cars are the best looking.
That kept making small changes as the car evolved but to me it detracted from the beauty of the original.

A silver Testarossa. Really? If I had to have one I would pay more and get red - no doubt it would be much easier to sell on too.

dunnoreally

959 posts

108 months

Saturday 7th April 2018
quotequote all
They're all bargains by today's standards, sure. None of them are exactly Top Gear 10-grand-supercar material, though, are they?

I still think old Mazzers seem like good value right now when it comes to this sort of thing:
https://www.autotrader.co.uk/classified/advert/201...


TooMany2cvs

29,008 posts

126 months

Saturday 7th April 2018
quotequote all
Esceptico said:
A silver Testarossa. Really? If I had to have one I would pay more and get red - no doubt it would be much easier to sell on too.
...with a blue interior.

It's just wrong.

Helicopter123

8,831 posts

156 months

Saturday 7th April 2018
quotequote all
None of these are really bargains though, unless you insist on putting the word 'relative' in.

The 'cheaper' Ferrari's are the ones that were generally rubbish when new, or just not good looking.

I'm not sure a 997 Turbo is really a 'classic' yet either.

Prices are silly at the moment.

derin100

5,214 posts

243 months

Saturday 7th April 2018
quotequote all
Aes said:

[i] "All of those suggestions are rubbish.

Want a bargain? Buy a Z3 M roadster. Limited numbers, naturally aspirated engine (probably the best straight 6 ever made in the s50 - better than the later mass-produced s54), manual, RWD, analogue BMW M perfection from the 90s. And rated by Tiff as the best handling car in the world at launch, ahead of cars like the 360 Modena.

Looks bloody good too in Estoril blue. If I had 30 grand to drop on a car I’d bypass the overrated, dated and dynamically average DB9 in favour of the roadster without a moment’s hesitation. And have a proper laugh behind the wheel" [/i]


I kind of take your point...but the article's title does say: "Exotica"

Now, I'm more dyed-in-the-wool BMW than most and even I would find it difficult to put an argument forward for a Z3 qualifying as "Exotica".

Then I have a further problem with the article itself in relation to the its title...

It contains the word "Bargain"....and then in the text "Saves the best for last....at under £100K...you can have a Testarossa..etc."

I don't know what kind of World and under what kind circumstances most other people here live but to me £100k for a car is still not a "bargain". It's just one hell of a lot of money!

Edited by derin100 on Saturday 7th April 15:43

Notanotherturbo

494 posts

207 months

Saturday 7th April 2018
quotequote all
Aes87 said:
All of those suggestions are rubbish.

Want a bargain? Buy a Z3 M roadster. Limited numbers, naturally aspirated engine (probably the best straight 6 ever made in the s50 - better than the later mass-produced s54), manual, RWD, analogue BMW M perfection from the 90s. And rated by Tiff as the best handling car in the world at launch, ahead of cars like the 360 Modena.

Looks bloody good too in Estoril blue. If I had 30 grand to drop on a car I’d bypass the overrated, dated and dynamically average DB9 in favour of the roadster without a moment’s hesitation. And have a proper laugh behind the wheel
Mass produced, hardly exotica, a lot of road tests criticised it for it's ride handling compromise - basically being too stiff for British B roads and it looks pretty naff in my opinion. And the S50 is pretty unreliable with miles on too. I'd buy a low mileage Vantage for 35k superb looks, sounds fantastic, interior is lovely. Might not be the quickest or sharpest handling tool out there, and I'm sure some tt will be along to say how a remapped Golf R would wipe the floor with it but the truth is most people rarely drive cars of this level performance flat out as it's simply not possible on todays highly trafficked speed camera riddled roads.

CountZero23

1,288 posts

178 months

Saturday 7th April 2018
quotequote all
anonymous said:
[redacted]
Indeed.

Even a 30k price tag puts a car beyond the means of the vast majority of enthusiasts. None of these are 'bargains'.

NSX's, Supra's, Nobles, Esprit's, and the cheaper Ferraris and the other 'affordable' exotics have gone ballistic and are now well out of the reach of most.

RX-7's, < 20k 996's, R8's all feel like far more natural fits than anything covered in the article.








ishay

145 posts

98 months

Saturday 7th April 2018
quotequote all
Helicopter123 said:
None of these are really bargains though, unless you insist on putting the word 'relative' in.

The 'cheaper' Ferrari's are the ones that were generally rubbish when new, or just not good looking.

I'm not sure a 997 Turbo is really a 'classic' yet either.

Prices are silly at the moment.
So I’m biased because I do own a 997 Turbo. I don’t see them claim it was a classic, just “face meltingly fast”, which it is. There aren’t many cheaper ways to hit 200mph which Clarkson did in one. ESMotor’s tuned ones tend to win at VMax too with well north of 200.

I do accept £50k is not cheap though and a £100k old Ferrari is definitely still just for multi millionaires.

ishay

145 posts

98 months

Saturday 7th April 2018
quotequote all
CountZero23 said:
RX-7's, < 20k 996's, R8's all feel like far more natural fits than anything covered in the article.
I am surprised there’s no R8

Lotusgone

1,177 posts

127 months

Saturday 7th April 2018
quotequote all
Agreed re the R8, they are coming in at about £35k (I had a look last night, dreaming about equity release).

But also there's the Bentley Continental W12 which you can now get for £20k upwards. Plus £5k per year to keep it on the road, assuming you actually use it.

V8 FOU

2,971 posts

147 months

Saturday 7th April 2018
quotequote all
I'm surprised no one has chipped in with their "super" MX5?

Oh, most underated supercar Lotus Esprit V8.......

ishay

145 posts

98 months

Saturday 7th April 2018
quotequote all
V8 FOU said:
Oh, most underated supercar Lotus Esprit V8.......
Looks wise and potential power wise, yes, absolutely. Can you really use it as a proper fast car without lunching the gearbox and/or something else? Possibly not.

I’ve driven out with one and it gets all the looks though. Lovely in small doses



Edited by ishay on Saturday 7th April 17:51

V8RX7

26,820 posts

263 months

Saturday 7th April 2018
quotequote all
dunnoreally said:
None of them are exactly Top Gear 10-grand-supercar material, though, are they?
Neither are the cars in that Top Gear episode - they are all at least 3x that now.

hondansx

4,566 posts

225 months

Saturday 7th April 2018
quotequote all
I just don't think there are any bargains out there, really.

I mean, you can spend £50,000 on a Ferrari Mondial these days. They used to be pennies. In fact, I wouldn't have one if you gave me £50,000.

Last night I looked at an advert of a guy selling an Audi S2 with a CAT D and almost 200,000 miles. He wanted over £10,000 and wasn't joking.

Unless you're on a Porsche or Ferrari dealer's list of special people, no one should be speculating on cars at the moment. No level of man maths can justify an old car as an 'investment' right now.

(IMO).