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Future InvestmentShite. Your up and coming classics are our concern.


DaveDorson

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22 minutes ago, Kiltox said:

For sale is not the same as sold though - they’ll surely not get that for it. 

My thoughts exactly. Just like the mk2 carlton saloon GL on eBay for over 5 grand. I sold my near mint restored CD 2.2 for 1750. Emailed him to give him a guide value as he claims to not know how much it’s worth.... it’s still on there 12 months later. 

 

https://rover.ebay.com/rover/0/0/0?mpre=https%3A%2F%2Fwww.ebay.co.uk%2Fulk%2Fitm%2F163959193564

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2 hours ago, barefoot said:

I disagree, a pile of rusty bollocks Escort 1 or split screen VW are worth a few pounds.

I’m not saying that knackered old rust buckets are worthless, more that nice examples that have been well kept will be more desirable, hence being the better “future classic” investment.

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The issue for me and I think many others though is that cars creep in value, while they're doing that you have to store and maintain then to a good standard. All fine if you have loads of cheap storage and time to work on them. I have a fairly scruffy e28 520i that's already cost me £2500 in storage, I'm never going to see that back!

My mk 1.5 Panda might do OK, it's in my garage at home and only cost £250, another couple of days work and £50 will see it MOT'd, then of I write my time off that I've spent on it I could see a profit... Maybe.

Barring semi exotica I think the usual hot hatches that teens lusted after/owned in their day are a good bet.

A straight E36 M3 would be my choice, usable, fast, reliable and fairly* easy to work on.

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70s Cadillacs are going to rocket, you watch.  It'll happen about a week after I sell Huggy for bugger-all.  Works every time!

Seriously?  Top power and/or luxury variants of most cars will lead the charge, as they usually do.  Mercedes won't be able to live on their perceived history, they've been overtaken by both BMW and Audi, who have aggressively chased the mass-market.  Their hot models will drag the mundane up with them.  Ford have survived the onslaught and the same will happen, the hot models will lead.  One thing I don't see is a big following for diesels.  They are intolerably common now and the more modern they are, the more trouble they seem to be.

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I can't really see any 2000 era cars becoming valuable. Most won't last due to inbuilt obsolescence and parts being NLS, and i think future generations won't be interested in cars in the same way.  Can't see anyone getting nostalgic for an 05 Civic their dad had for a couple of years on pcp before he chopped it in.

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33 minutes ago, Snipes said:

I can't really see any 2000 era cars becoming valuable. Most won't last due to inbuilt obsolescence and parts being NLS, and i think future generations won't be interested in cars in the same way.  Can't see anyone getting nostalgic for an 05 Civic their dad had for a couple of years on pcp before he chopped it in.

“We used to scrap Sierra/Escort Cosworths because they were fucked and worthless” etc 

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Future investment shite? Usually things I've already sold ? . To echo kiltox and snipes points above though, whilst right that we used to bin all manner of shite which is now collectable, the issue with a lot of 2000s cars will be people's attitude towards them. For the past ten years at least ( probably more, probably since the dawn of easy finance) people's attitudes to cars have changed. In my childhood, people only really scrapped cars when they were completely fucked structurally cos everything else was mendable. Not so these days. Following that logic I think the biggest bar to a large collecters market in 2000s cars will be available numbers.

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4 minutes ago, Matty said:

Future investment shite? Usually things I've already sold ? . To echo kiltox and snipes points above though, whilst right that we used to bin all manner of shite which is now collectable, the issue with a lot of 2000s cars will be people's attitude towards them. For the past ten years at least ( probably more, probably since the dawn of easy finance) people's attitudes to cars have changed. In my childhood, people only really scrapped cars when they were completely fucked structurally cos everything else was mendable. Not so these days. Following that logic I think the biggest bar to a large collecters market in 2000s cars will be available numbers.

People have always bought cars on finance and changed them often. It is not a modern phenomenon. The only thing that has changed really is that “premium” brands are now in on the act and heavily into offering lease/PCP. 

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6 minutes ago, Kiltox said:

People have always bought cars on finance and changed them often. It is not a modern phenomenon. The only thing that has changed really is that “premium” brands are now in on the act and heavily into offering lease/PCP. 

Not really though. I'm 38. When I was a kid and most of the way onto my teens almost nobody we knew had a car on tick. Some people had better cars than others due to differing income but not many in the 80s and early 90s that we knew had cars on hp. You must agree that more people do now surely. I don't think it's a bad thing by the way

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Will ‘old cars’ in general continue to rise in value year on year though? All though the 2020s and 2030s as petrol/diesel cars start to be replaced by EVs amongst the everyday car owner/users? What happens post 2040 when petrol stations start to shut down due to lack of demand and you have to get fuel from a smaller and smaller network? 
 

People will always want Ferrari’s and Jaguars even if they can only drive them round a track, but all this speculation in things like Ford Escorts is going to crash one day. Maybe not 2025 or even 2030, but sometime around the middle of this century the game will be up. 

 

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1 minute ago, Skut said:

Mintola ZRs certainly seemed to get advertised for strong money. I don't know if they sell though. 3-4 years ago when i bought mine they were pretty much worthless. Now that will be 2200 pounds sterling please. 

https://www.ebay.co.uk/itm/MG-MGF-ZR-1-4-105-Trophy/293141234187?hash=item444094420b:g:Y10AAOSwUsxdOdZD

Fuck that!!

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Read an interesting thing about the value of Elvis memorabilia recently.  Apparently values have declined a lot in the last few years as the true fans willing to pay good money have died off and the demand just isn't there.  Similar thing with early (vintage?) cars, not commanding the prices they once did because few people have much attachment to them.

Sad to say I agree with posters above that a lot of young people don't give a shit about cars, there's not even the demand for mobility as they are constantly in touch on their phones.  When I was 17 I would have killed for a Cosworth (or even a warmed over Fiesta), I can't see too many 17 year olds being that bothered about today's Ford range. 

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11 minutes ago, cort1977 said:

Sad to say I agree with posters above that a lot of young people don't give a shit about cars, there's not even the demand for mobility as they are constantly in touch on their phones.  When I was 17 I would have killed for a Cosworth (or even a warmed over Fiesta), I can't see too many 17 year olds being that bothered about today's Ford range. 

Indeed. It's a sad fact but many of my friends will probably lust over an old watch, phone or pair of designer shoes when they're older. Most of them don't care about the old outright- all they want is new stuff. Brilliant for me though, and future classics I might want could be affordable!

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I think MGF's will go up in value. I remember when MGB's could be bought for £250-£300. Also anything that is in really good condition. Grandad's car that has been hardly used and garaged all it's life. There will always who remembers the trips to the beach, to the theme park or family holidays in what ever car they had at the time. People will be willing to buy a good one, complete with rose tinted glasses. Landrover Defenders will retain their value, provided they don't get stolen and again anything luxurious. They will always be in demand.

 

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