Depreciation dodging

Joshy said:
I think the "playstation generation" cars are the next big things. The previous generation grew up watching E30 M3s and RS500 dominating race tracks, and the generation before that watched MK1/MK2 Escorts dominate rally stages, and as a result a decent example of any of those cars will cost a pretty penny today. For my generation it was all about watching the likes of Skylines and Supras dominating Gran Turismo :).
:)
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The problem with these two is they have yet to hit rock bottom, the GTR and Supra are both still riding the wave that GT1/2 brought and since then Fast and the Furious. I can see the prices bottoming out yet before they will reach there current level and beyond.

These cars are just not unloved enough to be allowed to drop into the rare/connoisseur category, that will then propel them into the high value classic car group.
Take the E-type and Lancia Delta's as great examples of a car that you couldn't give away years ago, now look at them.
I dont doubt in 10years time a unmodified example will be worth a decent amount, but would it be a good investment? i'd love to yes as i love these cars but i don't personally see this happening. :)

My money would go on a Opel Manta (and looking at the prices there already on there way up!) and maybe even the Ford Orion or dare i say it the Probe :)
 
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m3 csl's hovering around the 30k and to an extent, mk4 golf anniversarys seem to hover around the 8k mark despite a normal gti costing peanuts in comparison
 
I was looking at Datsun 240/260Z's a while back (living in some kind of parallel dream world where I have the time, money, space etc. for a toy) and was so tempted by a fantastic example locally for £7k, that car would easily fetch £10k+ now.

Some cars seem to go in trends and if you can pre empt the rush and get in before prices start to rise then you could do well out of it.
 
LizardKing said:
The problem with these two is they have yet to hit rock bottom, the GTR and Supra are both still riding the wave that GT1/2 brought and since then Fast and the Furious. I can see the prices bottoming out yet before they will reach there current level and beyond.

These cars are just not unloved enough to be allowed to drop into the rare/connoisseur category, that will then propel them into the high value classic car group.
Take the E-type and Lancia Delta's as great examples of a car that you couldn't give away years ago, now look at them.
I dont doubt in 10years time a unmodified example will be worth a decent amount, but would it be a good investment? i'd love to yes as i love these cars but i don't personally see this happening. :)

My money would go on a Opel Manta (and looking at the prices there already on there way up!) and maybe even the Ford Orion or dare i say it the Probe :)
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Once enough of them have been wrecked I'm sure the value will settle.
jellybeard999 said:
As obscure as they are, Venturis appear to be appreciating in value every time I see them.
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I can see that. Don't think I've ever seen one over here. I had a ride in one in the mid 90's and, apart from the driver, it was pretty awesome :cool:
 
Some of the values genuinelly make no sense. Nostalgia for RS2000's I can understand.

But the Mk4 Golf Anniversary is a prime example of everything wrong with the VW scene. It was a barely any different version of a completely average car now generally accepted to have been the worst GTI ever made. It's a GTI with different wheels, seats and a bodykit. Yet they cost bonkers money.

For what? It's just a Mk4 Golf. Thats all it is.

It wont be long before you can buy a Mk5 GTI for the price of a Mk4 Anniversary. That really will be stupid.
 
[TW]Fox;17857578 said:
Some of the values genuinelly make no sense. Nostalgia for RS2000's I can understand.

But the Mk4 Golf Anniversary is a prime example of everything wrong with the VW scene. It was a barely any different version of a completely average car now generally accepted to have been the worst GTI ever made. It's a GTI with different wheels, seats and a bodykit. Yet they cost bonkers money.

For what? It's just a Mk4 Golf. Thats all it is.

It wont be long before you can buy a Mk5 GTI for the price of a Mk4 Anniversary. That really will be stupid.
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my thoughts exactly, it seems that a mint condition mk4 isnt far off a ''tired'' mk5, the same sort of thing is happening with a basic clio 197 and 182 trophy.

http://www.pistonheads.com/sales/2013331.htm

http://www.pistonheads.com/sales/2199512.htm
 
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[TW]Fox;17857578 said:
Some of the values genuinelly make no sense. Nostalgia for RS2000's I can understand.

But the Mk4 Golf Anniversary is a prime example of everything wrong with the VW scene. It was a barely any different version of a completely average car now generally accepted to have been the worst GTI ever made. It's a GTI with different wheels, seats and a bodykit. Yet they cost bonkers money.

For what? It's just a Mk4 Golf. Thats all it is.

It wont be long before you can buy a Mk5 GTI for the price of a Mk4 Anniversary. That really will be stupid.
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...and a tweaked turbo / ecu to give it an extra 30bhp, but your point still stands they are crazy money.
 
[TW]Fox;17857578 said:
Some of the values genuinelly make no sense. Nostalgia for RS2000's I can understand.

But the Mk4 Golf Anniversary is a prime example of everything wrong with the VW scene. It was a barely any different version of a completely average car now generally accepted to have been the worst GTI ever made. It's a GTI with different wheels, seats and a bodykit. Yet they cost bonkers money.

For what? It's just a Mk4 Golf. Thats all it is.

It wont be long before you can buy a Mk5 GTI for the price of a Mk4 Anniversary. That really will be stupid.
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I thought the Mk3 8v was the worst ever with barely enough power to pull its lardy rump along and an engine that just hated to rev.
 
I doubt I'd lose money on mine. I bought it for well (nearly half) below market value because the seller had another car lined up, and it has a few small problems that can easily be fixed by myself.

If you know your way around a spanner and know what to look for, you can lose very little (may even make) money on nearly any car.

I only lost £100 on my last car in the course of 18 months and that was an 18 year old Rover!
 
2Thumbs said:
I only lost £100 on my last car in the course of 18 months and that was an 18 year old Rover!
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Really, so what? If you buy a 500 quid car unless you stuff it into a wall it'll always be a 500 quid car because once a car gets down to that end of the market the biggest effect on its value is whether it has 12 months MOT.

Thats not really depreciation free motoring worth bragging about in the context of this thread.
 
2Thumbs said:
I doubt I'd lose money on mine. I bought it for well (nearly half) below market value because the seller had another car lined up, and it has a few small problems that can easily be fixed by myself.

If you know your way around a spanner and know what to look for, you can lose very little (may even make) money on nearly any car.

I only lost £100 on my last car in the course of 18 months and that was an 18 year old Rover!
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Yea thats cheating, really that is bangernomics :)
 
2Thumbs said:
Fair enough then. :p

Even if you do it with say, a £3000 car?
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You want a car that isnt really a scene car at the minute, but is going to become one.

the UK turbo is a pretty good shout.

The 205 GTI of the '90s generation i reckon.

likewise the MK1 fiesta i mentioned earlier. They're all rotting away and being scrapped now, leaving them in short supply. Compound that with a load of old ford enthusiasts unable to buy MK1 and MK2 escorts because they are too expensive, and the fiesta is a nice alternative.
 
For certain fast Fords the only trend seems to be upwards in terms of value....

Sierra Cosworth
Sierra Cosworth RS500 (they go for mega mega mega money now)
Sapphire Cosworth
Fiesta RS Turbo
Fiesta RS1800i
Escort RS Turbo
Escort Cosworth

All of the above should be pretty much depreciation proof so long as you buy a decent one - lots of modified examples around but a car as close to original or mint is not going to lose any money I wouldn't have thought.

I can see the Mk1 Focus RS and Racing Puma going the same way to, they may get cheaper than they are, but are doing so at a relatively glacial rate and I can see them becoming more and more collectable as time goes on as spare parts dwindle and age takes its toll...
 
Ford Racing Puma and MK1 Focus RS are good shouts.

Not quite scene cars yet, but as the numbers dwindle, with cars rotting, being exported, exported etc.. they will get rarer and more desirable.

They will never sell at an auction for millions like a Ferrari GTO, but they will be depreciation free.
 
I don't think the Impreza will ever reach the cult status required for them to appreciate.

They are the XR3i of the 90s - there are just far too many of them.
 
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