zagatoes30
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me too but I fear we have missed the boat on buying them reasonably; https://collectingcars.com/for-sale/1972-alfa-romeo-2000-gtv
Bl00dy **** that's one **** of a price for one of those
me too but I fear we have missed the boat on buying them reasonably; https://collectingcars.com/for-sale/1972-alfa-romeo-2000-gtv
I can't see that ever happening. Cars are part of our history, roads will always exist. Petrol will become more expensive, but we'll only be taking them out at the weekend by then anyway. older cars are already exempt from certain taxes or requirements in certain parts of the world.Trouble is you guys haven't even factored in that we might well not be even able to use our cars in the future!
Suitable fuels for example, then there's taxation, It won't be easy!
Got a feeling the smaller engined old cars are going to do best..
Dave
What, in your opinion will increase in value by 500% in 10 years?So many out there right now that will be worth up to 5 x the value in ten years and If I had a barn I'd be buying!!!!
What, in your opinion will increase in value by 500% in 10 years?
Indeed and the ones' I was buying 5 years ago have mostly done that already so happy with holding onto mine for now. It's all speculative but cars above aren't particularly costly to maintain and keep.Thanks Phil, very informative. Only time will tell.
I am unsure of the precise values of the stuff Phil has posted but with the exception of the Golf Clubsport at circa £30-40k, most of the cars are sub £10k. Relatively their maintenance costs will be a similar percentage of their predicted appreciation surely?I think as Phil says and hits the nail on the head. It is working lower down the food chain as it were and finding cars that do not cost much to keep. The meatier stuff just costs too much to keep so the potential upside is often absorbed by the annual running costs to keep.
Issue for me there is I don’t desire any of them. 20 years ago I desired a 3200, a 993, an S2000, a 360 but have never been into hot hatches.Hot Hatches and modern classics is the place to be now. Nothing older or newer imo. So from say Late 70's (Golf mk1 era) to late 90's (maybe 00's but defo not 10's unless special eds like the Clubsport above). Porsche values have cooled off and rightly so. It's the nostalgia that is selling now as people in their 40's and 50's have some spare cash to revisit those 80's classic hot hatces. The Japanese stuff like MR2, Celica and MX5 are super reliable so very cheap to maintain. I paid £1850 for the mk1 MX5 about 4 years ago with 40k miles and It's valued at £8k for insurance purposes now, it is a real "find another one car". There are many out there which SHOULD go the same way but you have to think about the buys and what everyone will look back on in ten years and say "I remember when they were £3k" and "Why didn't I buy one when they were cheap".
I think you are a minority then looking at the demand at auction for the likes of Golf's, Pug 205's, GT/E's etc.... Ford RS Turbo... could go on.Issue for me there is I don’t desire any of them. 20 years ago I desired a 3200, a 993, an S2000, a 360 but have never been into hot hatches.
that list is spookily matching my own. Replace the pug 360 with either 550 or 456 and it is completeIssue for me there is I don’t desire any of them. 20 years ago I desired a 3200, a 993, an S2000, a 360 but have never been into hot hatches.
Audi TT mk1 225
Peugeot 306 GTI-6
Mazda MX-5 mk1 (NA)
Volkswagen Golf GTI Clubsport Edition 40
Audi A2
Toyota Celica GT-Four
BMW E46 M3.
Mercedes-Benz SL500 (R129)
Mercedes Benz SLK320
to name but a few off the top of my head.
Won't happen imo. There are too many classics and organisations, parts, clubs who will keep these cars on the road. I pay more for tax on the classics than I do for the new cars...Biggest threat will be Goverment trying to tax any of these sub £10K cars off the road - as a percentage of running cost it won't make any sense to many and they will fall to scrappage schemes and the like (which reduces the pool of available cars possibly pushing values up but only to buyers who want one badly enough to put up with the taxation etc.)
CSL's (E46) already hit 100k for low milers a few years ago. Good low mileage CS cars will fetch a large premium. Can see a 10k mile CS certainly 5x its price in 10 years.The E46 M3 is my favourite in that list. I had a 05 SMG for a couple of years and is the car i regret most selling. Still a good one/ keeper/investment is now 20/25k. Ten years ago that same car was 14/16k. So it's not that it hasn't appreciated. But can't see it going to 100+k ... ever.