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


DaveDorson

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I can see the day ( long after I'm dead) when Escort Mexicos and Sierra Cosworths will be like 1940's cars, in that the  majority of people that like them are dying out and so demand will peter out.

Gold and diamonds however, will always be in fashion and priced accordingly.

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6 hours ago, spartacus said:

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.

Spot on. This thread makes for thought provoking discussion but in the real world life is short. Just buy whatever car tickles your fancy and run it for as long as it continues to do so.

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On 12/10/2019 at 1:20 PM, HillmanImp said:

The market is well over inflated at the mo. They'll all be worth £500-£2k again this time next year. Just sit and wait.

In the meantime does anyone want to buy my 944 for £4k. Guaranteed* investment.

 

Not guaranteed. Not covered by the Financial Services Authority. If you buy a shonky Citroen off me, your investment may go down and not go back up

I fancy an early manual 944 but I'd not want to pay even half that for one.

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I'd say 'new' Minis will become sought after as they become rarer and the poor condition ones get thinned out. The early 00s ones have matured rather well and look very nice regardless of the trim/engine so I think the One/Cooper and Cooper S will all develop a strong following and prices to match. I'd even go so far as to suggest the first Clubmans too, because people will forget why we hated them and they will be seen as quirky and endearing.

 

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At work today ( no pics sorry), a dealer was presumably moving some stock. All LHD; Mercedes e320 cd ( 1997?), lancia thema 8.32 and a Volvo 1900s v70? Polar estate.

Of my own fleet, prices are all over the place. 2cv is probably £5000, but prices for decent cars seem to have stabilised recently, x1/9 I don’t know, but probably £10,000 which it’s insured for and the Mercedes w124 coupe is anyone’s guess.

I am pretty sure I bought it at the bottom of the market 8 years ago for £2000,  but prices now go from £1,000 to £16000 for the same model. 

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Citroen Picassos.

Get in on the ground floor now.

 

In all seriousness what were the young uns of 10 Years ago buying? Saxo's, warm Clio's. Fiesta's. Ka's - I expect that they will be the next things hit by the "nostalgia tax" Same with two wheelers if you dont have the space for a car. What were your 16 / 17YO's buying - then get in on the ground floor now and squirrel away in the shed.

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2 hours ago, inconsistant said:

I'd even go so far as to suggest the first Clubmans too, because people will forget why we hated them 

 

Of all the "nu MINI" cars these are the only ones I like ( which means they will be worthless if I ever buy one and go up in value a week after I sell one for peanuts)

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On 12/10/2019 at 12:47 PM, Jerzy Woking said:

You have to look at what was desirable to teenagers back in 2000.i cannot see any 15 year old then lusting after a base spec Carlton.

 

Only me then ..... lol. I don’t mind them being undesirable to 99.9% of humanity. Means the price will remain affordable for years and years.. ?

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19 minutes ago, sutty2006 said:

Only me then ..... lol. I don’t mind them being undesirable to 99.9% of humanity. Means the price will remain affordable for years and years.. ?

I appreciate that. I didn't want them then, but can see that they were desired by some, however strange (no offence). And that they remain reasonable in price.

It the opposite of the motorbike market. Late 70's and 80's stuff that was never desirable, nor ever will be, is fetching very, very strong money for some unfathomable reason. 

Nowt as strange as motorcycle fans.

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12 hours ago, UltraWomble said:

Citroen Picassos.

Get in on the ground floor now.

 

In all seriousness what were the young uns of 10 Years ago buying? Saxo's, warm Clio's. Fiesta's. Ka's - I expect that they will be the next things hit by the "nostalgia tax" Same with two wheelers if you dont have the space for a car. What were your 16 / 17YO's buying - then get in on the ground floor now and squirrel away in the shed.

Thinking on can’t actually remember the last time I saw a S1 Saxo. They were everywhere at one point on those 0% finance deals where you got the insurance packaged with them. I guess neglect and rust saw them off. A tidy original VTS would be worth a few quid now, those that were left were modified into oblivion or crashed. Same for Ford Ka, but bizarrely you still see them limping from one MOT to another. 

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Alfa Romeo 156s, I think. GTAs worth loads already, obviously. 2.5s now sell quickly when cheapish and are often 4 figure prices. 

Twin Spark models still very affordable, but a good rot free one would be a decent car to hold onto. 

I'd get one to keep but I prefer the 146. 

 

Fiat Coupes are becoming very expensive. 

20v Mareas are awesome. 

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3 hours ago, rusty_vw_man said:

Performance cars always seem to do well, but tend to be pricey to start with. 
Looking at what have become more mundane classics, suggests that slightly more left field designs built in relatively low numbers gain best value. 
On this basis I’d ‘invest’ in a mk 1 fiat multipla. 

Multipla  MK 1 are already on the way back up in value. I'd have one if I had room.

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I think that a lot of the demand is due to nostalgia, a desire to own the cars that you  couldn’t afford to buy or insure in your youth but now you can. It was hot Mark 1 Escorts, then Peugeot 205 GTIs, so probably MINIs next. I can't see run-of-the-mill family cars ever becoming desirable but then I am normally wrong 

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On 12/12/2019 at 12:55 AM, Jerzy Woking said:

It the opposite of the motorbike market. Late 70's and 80's stuff that was never desirable, nor ever will be, is fetching very, very strong money for some unfathomable reason.

Look at FSO and Lada.  20-30 years ago you couldn't give one away.  I know, I had several.  They were unloved from new and unwanted in middle-age and you could (I did) pick them up for next to nothing.  Now?  If you can find one at all it'll cost you Cortina money, if not Escort, which means I'll never be able to afford one again.  Why?  They're tough, old-fashioned and RWD, none of which were seen as virtues by anyone outside the select (usually elderly) few.  People seem to have belatedly woken up now they've nearly all gone!

If you can say this stuff about Ladas, which were the butt of so many cheap jokes for so long, then be prepared to say the same about literally any other car.

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55 minutes ago, eddyramrod said:

Look at FSO and Lada.  20-30 years ago you couldn't give one away.  I know, I had several.  They were unloved from new and unwanted in middle-age and you could (I did) pick them up for next to nothing.  Now?  If you can find one at all it'll cost you Cortina money, if not Escort, which means I'll never be able to afford one again.  Why?  They're tough, old-fashioned and RWD, none of which were seen as virtues by anyone outside the select (usually elderly) few.  People seem to have belatedly woken up now they've nearly all gone!

If you can say this stuff about Ladas, which were the butt of so many cheap jokes for so long, then be prepared to say the same about literally any other car.

The same obviously applies to Rear engine Skodas;

I looked at an immaculate one owner from new Estelle  in 1993 for peanuts and got a bank loan on a truly horrible Orion instead.

I could have bought the Skoda outright but borrowed money for the "Superior" Ford instead.

ps The Estelle would probably be running today with basic TLC, The Ford rotted away before I was half way through paying it off.

pps Buy the best example of an unpopular car, look after it and You'll never lose in the long term.

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Anything MoT/Tax exempt within the rolling exemption IS INCREASINGLY  VALUABLE? This historic category will exempt you from upcoming low emission/electric only and other upcoming legislation. Other later cars are mostly vulnerable - for example the London ULEZ makes 80's/90's cars mostly impossible in London and other cities will follow. There may be punitive tax regimes too. What to you is a desirable classic may be seen as a dirty polluter. Any car with high road tax unless it is super desirable is going to suffer? 

Also petrol cars may become socially unacceptable - so a future classic - try a Tesla?

 

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6 minutes ago, lesapandre said:

Anything MoT/Tax exempt within the rolling exemption IS VALUABLE. This historic category will exempt you from upcoming low emission/electric only and other upcoming legislation....

....until the next change in government, anyway. A radical Green-minded government may eliminate the historic/exempt category altogether, as well as increasing the tax on conventional fuels. 

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1 minute ago, Tadhg Tiogar said:

....until the next change in government, anyway. A radical Green-minded government may eliminate the historic/exempt category altogether, as well as increasing the tax on conventional fuels. 

Possibly. It is convenient however to keep the exemption - and they can avoid tangling very old tech with new regulation. If you can hive off the really old stuff - you can tighten everything else. But as you say it could all go...vehicles are possibly not a good future investiment* - better to buy to enjoy. 

I've just driven my non - ULEZ compliant Renault van into the zone - just waiting for the rude letter. I am writing back to say I run a circus and should be exempt.

*Bugatti's excepted.

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7 hours ago, face said:

Ford Kas used to be everywhere, but numbers are dwindling fast - around 14000 per year since peaking in 2006. A third of the 32000 or so left are SORN. I reckon a nice one will be worth loads in 10 years.

Their dwindle in numbers is probably due to rust, they’re all disappearing into the ground ?

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9 hours ago, eddyramrod said:

Look at FSO and Lada.  20-30 years ago you couldn't give one away.  I know, I had several.  They were unloved from new and unwanted in middle-age and you could (I did) pick them up for next to nothing.  Now?  If you can find one at all it'll cost you Cortina money, if not Escort, which means I'll never be able to afford one again.  Why?  They're tough, old-fashioned and RWD, none of which were seen as virtues by anyone outside the select (usually elderly) few.  People seem to have belatedly woken up now they've nearly all gone!

If you can say this stuff about Ladas, which were the butt of so many cheap jokes for so long, then be prepared to say the same about literally any other car.

90% of the ones left will have gone to Russia in the late 90’s. Big market at the time exporting Ladas back there.

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