Purely as an investment...

Scaf

Member
Messages
6,555
I have never tried to buy a car as an investment, as best with my classics I hope not to lose my shirt and normally come out on top, but a a pure investment it feels risky.

When I sell my current business investment I hope to be able to own a DB6 (a 5 would be well out of reach). It would not be an investment, but I would want it to lose value, so a gamble / risk.
 

Nayf

Member
Messages
2,747
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.
I’m currently in Brazil. While pick-up trucks are popular here, much of the cars are small hatchbacks and small booted saloons. There are also SUVs.
SUVs aside, the small cheap hatchbacks and small booted saloons are the kinds of cars that are deemed no longer profitable in the EV age - Ford culled the Fiesta recently. It’s similar across the second world and large parts of the first and saying they should just get a diesel pickup is somewhat short-sighted and hardly green…
There’s a reason why the Lancia Ypsilon outsells Alfa in Europe in the one country it is sold in. Italian streets and roads. Again, this is something that negates the ability for home charging.

I’m not against EV but it cannot be the only solution to reducing C02 emissions. All the wishful thinking and hope obscures basic realities. C02 recycling - like that by Porsche and the alternative from Coryton - would keep ICE going but significantly reduce the C02 in the atmosphere, our reliance of similarly nasty chemicals from people we ought not to rely on and, avoids having to replace a billion or so cars and the c02 creation that involves.

Manufacturers have been on the back foot since Dieselgate and simply said yes to the politicians but several are now fighting back and saying that other than for luxury, high value cars (generally), the answer to future sustainable mobility cannot be just EV.
 

PaulCambio

Member
Messages
485
My parents had one, first car I drove after I passed my test.
I had a Fiat 131 Mirafiori Estate way back when. Bought it from a guy in a pub (The Millstream in Bosham) for £70. Came with two wires to rub together to start it and no keys, and a crumpled front wing. All fixed up and sprayed for about £10. Went well until the head gasket blew and I scrapped it.
 

MAF260

Member
Messages
7,662
I had a Fiat 131 Mirafiori Estate way back when. Bought it from a guy in a pub (The Millstream in Bosham) for £70. Came with two wires to rub together to start it and no keys, and a crumpled front wing. All fixed up and sprayed for about £10. Went well until the head gasket blew and I scrapped it.
My father bought a brand new silver 131 Mirafiori estate: SLC 316R. My mother hated it after the previous Mk2 and Mk3 Cortina Estates and it was replaced 2 years later with a new Saab 99 - that started his love affair with Saabs; a new 900 turbo every 2 years or so followed by 93s which continued until he had to stop driving many years later.
 

lozcb

Member
Messages
12,519

Nayf

Member
Messages
2,747
I’m currently in Brazil. While pick-up trucks are popular here, much of the cars are small hatchbacks and small booted saloons. There are also SUVs.
SUVs aside, the small cheap hatchbacks and small booted saloons are the kinds of cars that are deemed no longer profitable in the EV age - Ford culled the Fiesta recently. It’s similar across the second world and large parts of the first and saying they should just get a diesel pickup is somewhat short-sighted and hardly green…
There’s a reason why the Lancia Ypsilon outsells Alfa in Europe in the one country it is sold in. Italian streets and roads. Again, this is something that negates the ability for home charging.

I’m not against EV but it cannot be the only solution to reducing C02 emissions. All the wishful thinking and hope obscures basic realities. C02 recycling - like that by Porsche and the alternative from Coryton - would keep ICE going but significantly reduce the C02 in the atmosphere, our reliance of similarly nasty chemicals from people we ought not to rely on and, avoids having to replace a billion or so cars and the c02 creation that involves.

Manufacturers have been on the back foot since Dieselgate and simply said yes to the politicians but several are now fighting back and saying that other than for luxury, high value cars (generally), the answer to future sustainable mobility cannot be just EV.
To illustrate… four door Chevrolet (Vauxhall) Corsa, Ford Fiesta and Ka, anybody?
It reflects a very different social and cultural dynamic to Western Europe (Italy aside maybe), possibly Greece. Small people, big family, tiny roads, smaller incomes; but more importantly big countries. An EV city car like the Honda E, for example, would be pointless as the range wouldn’t get them between cities where massive families are spread out. However, a bigger car, with a bigger battery, will be out of reach for many Brazilians.
Remember that Brazil is one of the biggest, most populous countries on the planet. Expand that to other countries with a similar family/cultural setup (whether Hindu/Muslim/Roman Catholic) and EVs simply cannot be the only answer - especially in countries where the power grid barely covers usage as it currently is.
 

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