So,,,exactly which kind of cars APPRECIATE in value?
Discussion
Outside of the typical ones such as American Muscle Cars, vintage Ferraris, Lancias from WWII...
What about a 1978 Vantage? Octane said they're trading for about 60,000 quid now...that's quite a bit more than I remember about 5 years ago!
How exactly would one determine which kind of cars will appreciate, and how long they'll appreciate before approaching a limit.
What about 90s supercars? The XJ220 has fallen in value, whereas the McLaren F1 and Ferrari F50 have held about the same...why?
What about a 1978 Vantage? Octane said they're trading for about 60,000 quid now...that's quite a bit more than I remember about 5 years ago!
How exactly would one determine which kind of cars will appreciate, and how long they'll appreciate before approaching a limit.
What about 90s supercars? The XJ220 has fallen in value, whereas the McLaren F1 and Ferrari F50 have held about the same...why?
It always amazes me how many people on a motoring forum can't spell Alfa.TargaFlorio said:
How exactly would one determine which kind of cars will appreciate, and how long they'll appreciate before approaching a limit.
I'm going to treat this one as genuine.Exactly? That would be difficult.
You could choose model variants of cars that are becoming rare in the unmodifed state. Find ones in good condition and lock them all away in a garage for n-years until you retire.
One of your choices may well end up being a winner.
Cars that are likely to be modified when they get to a certain price bracket would be a good place to start. Original ones 5-10 years down the line will be worth a bit. Unusual or very rare cars, with something unique in their construction.
You could buy a mint s1 Lotus elise sport 160 and lock it away in an air tunnel and keep it mint and then in 10 years time when there are very few good ones left, flog it. But that would be a travesty. Cars are made to be driven and are IMO not a good place to invest money. Buy a car because you want it.
Invest your money in something with a more certain return.
You could buy a mint s1 Lotus elise sport 160 and lock it away in an air tunnel and keep it mint and then in 10 years time when there are very few good ones left, flog it. But that would be a travesty. Cars are made to be driven and are IMO not a good place to invest money. Buy a car because you want it.
Invest your money in something with a more certain return.
Impossible to say for sure, but stick to the following and you might be on to a winner:-
1. Limited supply, either by limited manufacture (ie a limited number) or simply low-volume.
2. Something with some kind of heritage, no matter how distant.
3. Something which either has some kind of following, or you believe will do so in the future.
4. Something that is likely to become cheap enough to be purchased and modified.
Classic example of this at the moment is the 1994-1995 Volvo 850 T5R. Only a limited number of these were produced worldwide and have some form of heritage as they are linked to the BTCC of that era. Many of these have been written off/scrapped/abused/highly modified etc but there are a few which remain in clean original condition. At the moment, nobody really wants them and the prices are very low, but I think in a few years a low-mileage, clean, manual estate in Gul (Yellow) will be worth something.
I'm in the process of looking for a couple as I am keen to start up a collection of low value but potentially future classic cars
1. Limited supply, either by limited manufacture (ie a limited number) or simply low-volume.
2. Something with some kind of heritage, no matter how distant.
3. Something which either has some kind of following, or you believe will do so in the future.
4. Something that is likely to become cheap enough to be purchased and modified.
Classic example of this at the moment is the 1994-1995 Volvo 850 T5R. Only a limited number of these were produced worldwide and have some form of heritage as they are linked to the BTCC of that era. Many of these have been written off/scrapped/abused/highly modified etc but there are a few which remain in clean original condition. At the moment, nobody really wants them and the prices are very low, but I think in a few years a low-mileage, clean, manual estate in Gul (Yellow) will be worth something.
I'm in the process of looking for a couple as I am keen to start up a collection of low value but potentially future classic cars
1) "It" cars. Cars of the moment; largely determined by magazine reviews and originality. Examples are the original Lotus Elise and Audi R8. Appreciation usually occurs for about a year after launch, and is usually caused by demand outstripping supply. Tricky to predict...
2) Classics. A great example is the 1973 911 RS. They've rocketed in value over the last ten years, and the 964 RS is going the same way. A multitude of factors come into play, but I'm sure EVO magazine declaring them as the two best 911s was a major one! That, along with the change to watercooling causing nostalgia and continued and the 911's domination of that sector of the market.
2) Classics. A great example is the 1973 911 RS. They've rocketed in value over the last ten years, and the 964 RS is going the same way. A multitude of factors come into play, but I'm sure EVO magazine declaring them as the two best 911s was a major one! That, along with the change to watercooling causing nostalgia and continued and the 911's domination of that sector of the market.
If we're naming future classics as well as trying to pin point what makes a car of today a future classic an affordable starting point (by which i dont mean an Alfa 8c) would be the Clio 172 Cup / Clio Williams both have huge potential if left in a vacum for the next 10 years simply down to the number being written off by kids or modified past the point of recognition.
I just think its sad that we're loosing proper (affordable) ltd ed's from alot of the manufactors...
I suppose with motorsport making little or no resemblance to what the manufactors sell in a showroom there's little chance we'll see again race derived road cars again
I just think its sad that we're loosing proper (affordable) ltd ed's from alot of the manufactors...
I suppose with motorsport making little or no resemblance to what the manufactors sell in a showroom there's little chance we'll see again race derived road cars again
Liam79 said:
Escort Cosworth
Lancia Delta Integrale
E30 BMW M3
+1Lancia Delta Integrale
E30 BMW M3
Wish my old chap kept his brand new intergrale from 1992.
Also i think RS turbos within the next 5 years will start appreciaring, especially for mint ones.
Just look at mk1 and mk2 escorts there values have soared ast few years!
mantra said:
isnt there something about the cars that kids aspire to own today is what they will seek to purchase when they are older.
so i suppose asking a 10 year old is they best way to choose classic car investments!
Thats why the the F40 and Maccie F1 are going up/staying level while the XJ220 dropped (to answer the earlier question). I dreamed of owning an F40 when I was a kid. Only the losers wanted a 220 so i suppose asking a 10 year old is they best way to choose classic car investments!
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