£80-£100k budget - options? low depreciation
Discussion
Happy to hear from much more knowledgable people on this
Simply want something that will hold value, servicing is sensible, good running costs e.g. warranty - although I am aware that can all be negotiated into a purchase deal
It will be a daily but not in a commute sense ~4-5k miles a year, not babied but cared for, and a city/town type car really just local trips with maybe occasional long distance, would want to track day it 1-2x just to experience it but would be one off
So far Ive identified : 570s, 991.1 or .2 turbo S....astons/ AMG GTR retain value well?
Plan would be to hold for 1-2y and then reassess with a bigger budget £120-140k...maybe 458 e.t.c although not getting too ahead of self. I would leave the top end brands like the ferraris here so I could experience a nice one in this time
Simply want something that will hold value, servicing is sensible, good running costs e.g. warranty - although I am aware that can all be negotiated into a purchase deal
It will be a daily but not in a commute sense ~4-5k miles a year, not babied but cared for, and a city/town type car really just local trips with maybe occasional long distance, would want to track day it 1-2x just to experience it but would be one off
So far Ive identified : 570s, 991.1 or .2 turbo S....astons/ AMG GTR retain value well?
Plan would be to hold for 1-2y and then reassess with a bigger budget £120-140k...maybe 458 e.t.c although not getting too ahead of self. I would leave the top end brands like the ferraris here so I could experience a nice one in this time
Edited by dng992 on Friday 2nd September 15:19
This is a difficult one.
To be a daily driver and In A city / urban environment would rule many a car out as just not practical. This tells us it needs to be pretty robust but still suitable for a track and able to hold its value pretty good for a year or two.
Generally anything that is to hold its value is likely to be at the bottom of its depreciation curve or thereabouts so generally a few years old OR is particularly rare or special in some way. The latter often means you can't use it or you effectively ruin its resale power, think M5CS currently trade at a premium but if you stick 10000 city miles and a couple of track days on it I gtee your specific car will not be trading at premium in a year or two unlike the other M5CS that were cosseted. (Yes I know that's not in budget anyway but it makes my point)
So we are back to slightly older cars.
My thinking would be porsche, audi r8 or Aston Vantage maybe. All robust and should survive city life but you woukd need to choose carefully to avoid further depreciation. A bog std 911 or vantage wouldn't cut it, they would lose money but for example maybe a vantage v12 wouldn't depreciate to any great degree however do you want to be starting up a V12 to go for a pint of milk in town?? Would drink fuel in that sort of usage ( think single figures) but a carefully chosen 911 with a 6 cylinder wouldn't be anywhere near as thirsty.
If you're looking to trade up in a few years maybe spend a bit less now and save some money and that also cuts the depreciation risk.
A decent v10 R8 for maybe £60k , if it suffers 15% depreciation that's only £9k which isn't a lot for car ownership
To be a daily driver and In A city / urban environment would rule many a car out as just not practical. This tells us it needs to be pretty robust but still suitable for a track and able to hold its value pretty good for a year or two.
Generally anything that is to hold its value is likely to be at the bottom of its depreciation curve or thereabouts so generally a few years old OR is particularly rare or special in some way. The latter often means you can't use it or you effectively ruin its resale power, think M5CS currently trade at a premium but if you stick 10000 city miles and a couple of track days on it I gtee your specific car will not be trading at premium in a year or two unlike the other M5CS that were cosseted. (Yes I know that's not in budget anyway but it makes my point)
So we are back to slightly older cars.
My thinking would be porsche, audi r8 or Aston Vantage maybe. All robust and should survive city life but you woukd need to choose carefully to avoid further depreciation. A bog std 911 or vantage wouldn't cut it, they would lose money but for example maybe a vantage v12 wouldn't depreciate to any great degree however do you want to be starting up a V12 to go for a pint of milk in town?? Would drink fuel in that sort of usage ( think single figures) but a carefully chosen 911 with a 6 cylinder wouldn't be anywhere near as thirsty.
If you're looking to trade up in a few years maybe spend a bit less now and save some money and that also cuts the depreciation risk.
A decent v10 R8 for maybe £60k , if it suffers 15% depreciation that's only £9k which isn't a lot for car ownership
ANOpax said:
Apologies - I was looking at list and hadn't quite realised that they were made of unobtanium - hence edited post!
But there's a good spread of GT4s to be had at sensible money.
Haha i think your correct that a gt4 would be a good solid buy at the price. You'll be able to put some semi decent miles on a not loose a horrific amount But there's a good spread of GT4s to be had at sensible money.
I think the V10 R8 answer nails this one. Every other suggestion (apart from 997Turbo) is subject to the use it/depreciation conundrum.
Personally, I’m convinced the market is in a weird place right now and that some kind of correction/reckoning is imminent. I’m very wary of putting any money back into expensive metal atm and I’m looking at bargain Pork to go through the winter and then see how next yr looks.
Personally, I’m convinced the market is in a weird place right now and that some kind of correction/reckoning is imminent. I’m very wary of putting any money back into expensive metal atm and I’m looking at bargain Pork to go through the winter and then see how next yr looks.
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