Purely as an investment...

SE_123

SE_123

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416
I think the classic car market is going to deliver poor returns over the next 10+ years (probably lose money!). Mainly because the era of mega cheap (free) money is in theory over and the society sentiment to fossil fuels is very negative. I'm not old (mid 30), very few of my peers are "in to" cars for the noise/excitement, it's all about the badge. Shows like top gear and posters on the wall used to be about the "obtainable" super cars like a 360/430/gallardo, now the cars idolised are £2m+.

Someone made the point of car values increasing as age groups get older. In 10 to 15 years time, what would I want to buy (at 50)? Errrr I guess some sort of impractical roofless Ferrari, but I suspect by then we won't be far off not being allowed to drive or park it anywhere other than your driveway...

Buy what you want to run and enjoy rather than something gathering dust in a garage going to make a few quid...
 
M

MAF260

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7,662
hashluck said:
I agree one to look for but already 10K won't do it. Low mileage cars are hitting 20K and beyond. Whether or not they have the colour coded Pile Position Recaros (factory-fit) makes a big difference. Not sure on your 200 of each colour either. Customer could order what they wanted so the numbers fell out from that. Also there were two different silvers, Avus Silver and Brilliant Silver.
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themarket.bonhams.com

2005 AUDI TT Quattro Sport For Sale by Auction

First registered in 2005 by Audi Poole as their de...
themarket.bonhams.com themarket.bonhams.com
 
DLax69

DLax69

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4,306
SE_123 said:
I think the classic car market is going to deliver poor returns over the next 10+ years (probably lose money!). Mainly because the era of mega cheap (free) money is in theory over and the society sentiment to fossil fuels is very negative. I'm not old (mid 30), very few of my peers are "in to" cars for the noise/excitement, it's all about the badge. Shows like top gear and posters on the wall used to be about the "obtainable" super cars like a 360/430/gallardo, now the cars idolised are £2m+.

Someone made the point of car values increasing as age groups get older. In 10 to 15 years time, what would I want to buy (at 50)? Errrr I guess some sort of impractical roofless Ferrari, but I suspect by then we won't be far off not being allowed to drive or park it anywhere other than your driveway...

Buy what you want to run and enjoy rather than something gathering dust in a garage going to make a few quid...
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Well, yes...obviously. But you gotta at least accept the premise of the thread! :p
 
zagatoes30

zagatoes30

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20,949
The idea as a classic as an investment maybe flawed like all investments they can go up or down but at least with a car you can have the fun of driving during that time.

That's the logic I have always stuck to and recently all the classics have unusually gone up in value
 
Nibby

Nibby

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2,092
If prices do drop back beware the dealers who take ages to readjust their prices hoping to catch someone out who’s not up with the values dropping.
 
philw696

philw696

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25,483
Most of you know I'm more of a Classic enthusiast than into Modern cars and this is one of the Best in my opinion.
Pure style indeed and as a boy when my father had one it just blew me away being in the passenger seat and getting out of it and feeling the heat around the car just like when you land at Malaga airport.
www.ebay.co.uk

MK1 Jensen Interceptor | eBay

Find many great new & used options and get the best deals for MK1 Jensen Interceptor at the best online prices at eBay! Free delivery for many products.
www.ebay.co.uk
 
B

bigbob

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Messages
8,972
Nayf said:
ICE development hasn’t stopped, despite what most firm’s marketing agencies would have you believe.
Wrote a piece about it for the new issue of Magneto.
If you only look at mobility through the prism of Northern Europe, the USA and Japan, it would appear that EVs are the only answer.
The reality is somewhat different…
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Sure the second and third worlds will have no interest in EVs for a long time but that just means you need a nice diesel engine in a pick up truck. What worries me more is how China is going to price dump cheaper EVs to take a massive market share leap in Europe. I would not want to be VW going forward.
 
B

bigbob

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8,972
williamsmix said:
The problem with Maseratis is they’re perceived as being money pits … at least that’s what I’ve been told recently when asking for a part exchange price on my 3200. Most dealers are not interested at all. They see no “investment potential” whatsoever; they just see a lot of risk!
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To be fair much of that is age related and a fast German Coupe of the time from the big three will be worth less by now so Maserati is not doing badly, it is just not viewed anywhere near Ferrari in this regard.
 
zagatoes30

zagatoes30

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20,949
philw696 said:
Here's something else I would love to have and put it upstairs in my workshop just perfect.
www.ebay.co.uk

LOTUS 61 FF 1968 FULLY RESTORED 5 SPEED COMPETITION LOTUS TWIN CAM | eBay

Find many great new & used options and get the best deals for LOTUS 61 FF 1968 FULLY RESTORED 5 SPEED COMPETITION LOTUS TWIN CAM at the best online prices at eBay! Free delivery for many products.
www.ebay.co.uk
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Why put something like this on eBay? I would have thought there are more appropriate sales channels
 
zagatoes30

zagatoes30

Member
Messages
20,949
philw696 said:
Most of you know I'm more of a Classic enthusiast than into Modern cars and this is one of the Best in my opinion.
Pure style indeed and as a boy when my father had one it just blew me away being in the passenger seat and getting out of it and feeling the heat around the car just like when you land at Malaga airport.
www.ebay.co.uk

MK1 Jensen Interceptor | eBay

Find many great new & used options and get the best deals for MK1 Jensen Interceptor at the best online prices at eBay! Free delivery for many products.
www.ebay.co.uk
Click to expand...
Love these, remember being squeezed in the back of my mates Dads Leyland ST dept tuned MGB V8 chasing an Interceptor up the M1 & M6 with the speedo never dropping below 130. When we both both pulled into Knutsford services for fuel we all gasped at the driver of the Jensen she was absolutely stunning.
 
philw696

philw696

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25,483
zagatoes30 said:
But not your wallet ?
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Well currently cash rich since the FSCA compensated me and also whilst away the City of London Action Fraud Team have got me back a good chunk of my pension back from fraudsters.
Do I be sensible and re invest in what I like or what the clowns that call themselves financial advisers ????
The only thing I know about is Automotive and the voices in my head say don't go EV :)
 
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