Recommendation for £70k fun car that holds its value

[Stephen-0jlhl]

Hi all,

I'm posting for a friend who is looking for a stop gap car around 70k that will hold its value over the next 6-12 months.

He mentioned to me he was thinking of a Porsche 911 turbo, but thought I'd ask a wider audience on peoples thoughts what would be a safe choice for a year of fun relatively cheap motoring.

I've not got anymore info than he is ordering a Tesla model Y to replace this. No idea on timescales though.

Cheers

Steve

[Edible Roadkill]

I wouldn’t bet on anything keeping it’s value over the next 6-12 months, with certain recession looming.

If I had to pick (gun to head) it would be something from 1980’s and very sought after. M3 E30, escort cossie.

Anything modern is likely to drop imo.

I’ve got a car which will likely drop but I’ll just hold it. Not too arsed if a slump mean keeping it in my garage to look at it’s very pretty!

[Edible Roadkill]

Won’t get into a 991, so 911 Turbines likely to be a 997.2 at that money which could likely be a 50k car in a years time !

[DodgyGeezer]

Tesla seem to be quite steady at the moment - the model X has lost about £20k over 5 years. Seems impressive to me

[M.F.D]

Yaris GR-Four.

[keo]

I know you said fun car but he is also considering a 911 turbo. 981 GT4 boring imo but it has got to be more fun than a turbo and they don’t depreciate much.

[MarkJS]

A tidy E46 M3?

[Edible Roadkill]

MarkJS said:

A tidy E46 M3?

Good suggestion, or maybe a manual E90 with rod bearings and actuators both done. However it would be 20k spend, never 70k. Just as fun and much safer bet.

Speaking of e46 have you seen the ask of csl nowadays !!?

https://www.autotrader.co.uk/car-details/202204305...

[RedAndy]

Elise or Exige

[samoht]

Edible Roadkill said:

I wouldn’t bet on anything keeping it’s value over the next 6-12 months, with certain recession looming.

If I had to pick (gun to head) it would be something from 1980’s and very sought after. M3 E30, escort cossie.

Anything modern is likely to drop imo.

Agree it's a tough time, and agree in pure value terms, something a bit older has best chance to appreciate and outrun the market falling.

I think the 90s JDM stuff still has room to appreciate, as their demographic is still a way off peak career earnings
Midnight Purple BNR33 https://www.pistonheads.com/buy/listing/13210779

Late Supra TT manual https://www.autotrader.co.uk/car-details/202203133...

or https://www.pistonheads.com/buy/listing/13548898

However... an older car is a car to buy because you love them, not a straight alternative to a newish 911 Turbo I think. But posting as these are the kind of cars I see coming closest to holding their value over the next year.

[fflump]

Stephen-0jlhl said:

Hi all,

I'm posting for a friend who is looking for a stop gap car around 70k that will hold its value over the next 6-12 months.

He mentioned to me he was thinking of a Porsche 911 turbo, but thought I'd ask a wider audience on peoples thoughts what would be a safe choice for a year of fun relatively cheap motoring.

I've not got anymore info than he is ordering a Tesla model Y to replace this. No idea on timescales though.

Cheers

Steve

I would avoid anything too niche-even if theoretically 'depreciation-free' they can be a PITA to move on as prospective buyers are few and far between and a quick sale to any dealer will involve a haircut.

In terms of 911s, 996s have turned the corner pricewise, and a Turbo S or GT3 may outperform the used car market overall. However the best way to avoid losing money on a stop-gap car is by spending less than £70k so any % loss is less ££. If set on a 911 then a 996 Turbo (£40-£45k). However an XKR in the newer 5.0 V8 guise is a lot of car for £20k, as is an F-type V6S (sweet spot of the range) for 25-ish.

[edc]

This is PH. Hedge your bets and buy 2 or 3 cars instead of just 1.

[fflump]

edc said:

This is PH. Hedge your bets and buy 2 or 3 cars instead of just 1.

True at least that removes the uncertainty in guaranteeing to cost a shed-load!

[biggbn]

Morgan. They seem almost impervious to depreciation

[MarkJS]

Edible Roadkill said:

MarkJS said:

A tidy E46 M3?

Good suggestion, or maybe a manual E90 with rod bearings and actuators both done. However it would be 20k spend, never 70k. Just as fun and much safer bet.

Speaking of e46 have you seen the ask of csl nowadays !!?

https://www.autotrader.co.uk/car-details/202204305...

Yep, serious money now - I’d love a go in one. Matt Watson (the Carwow guy) has a recent video on YouTube where he does a review on the CSL. The car was BMW UK’s own car. It makes me think about getting a standard E46 M3 and having it as a toy but it’s just a bit too similar to what I already have - with a lot more character though of course.

[keo]

My brother had an E46 M3 manual I drove it a few times. Brilliant engine but other than that I wasn’t overly impressed it just felt big and heavy. Was ok “once pressing on” though.

[Glenn63]

Manual R8 v10.

[bennno]

Glenn63 said:

Manual R8 v10.

Almost the right answer, which is a V12 vantage manual.

[ZX10R NIN]

When the recession hits all cars will lose a bit of value even the high end stuff, I wouldn't go for a Turbo as it's not a limited model.

If he wants to go down the 911 route I'd tell him to try & find the best GT3 he can get, which will probably be a Gen2 996.

[bennno]

ZX10R NIN said:

When the recession hits all cars will lose a bit of value even the high end stuff, I wouldn't go for a Turbo as it's not a limited model.

If he wants to go down the 911 route I'd tell him to try & find the best GT3 he can get, which will probably be a Gen2 996.

Can you get one for 70k?