Depreciation dodging

[Jonny69]

Here's an interesting thought. I've always owned classic cars and as such never had a car that depreciated. They have only ever gone up in value and whatever I've spent on the car I've always managed to get back afterwards.

Spotted a comment that someone wouldn't waste their money on a Bentley whateveritwas, but at the end of the day, surely that sort of car doesn't depreciate, so you'd own it for a bit and sell it on for pretty much what you paid for it. Only costs would be petrol, insurance, tax etc.

I'm trying to remember what my point was

Oh yes. Lets chat about cars that you can dodge depreciation with. Anything in the real world, other than £100K Ferraris?

 

[Jonny69]

You don't need to go for old super cars to dodge the deprecation, just buy something that old enough that all the value has seeped out of it so mileage / age makes no difference and really condition is all that counts. Most 80s cars that are anything special will do.

I noticed there's a lot of turn of the century Astons at rock bottom prices. I can't see them getting much cheaper, surely?

 

[Jonny69]

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

Once enough of them have been wrecked I'm sure the value will settle.

As obscure as they are, Venturis appear to be appreciating in value every time I see them.

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

 

[Jonny69]

Have you ever made a profit including the repair costs above those of a non-classic?

Me? No. I've never owned a non-classic. Other than the 4 weeks I transferred my girlfriend's Scenic into my own name so I could sell it while she was away