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Author: Subject: what car would you invest in.
richardm6994

posted on 12/2/16 at 09:49 AM Reply With Quote
Subaru Justy..............Cheap now, but I think a good one will become more valuable as time goes on.
Also the Smart Roadster could be worth a gamble?






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r1_pete

posted on 12/2/16 at 10:05 AM Reply With Quote
Two door Impreza turbo, but probably a bit late as they are already on the up...
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DJT

posted on 12/2/16 at 10:09 AM Reply With Quote
Or how about some parts instead? Just look at what a Sierra rear end is worth now versus a decade ago. Are there some engines that are worth holding on to? Just a thought.





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motorcycle_mayhem

posted on 12/2/16 at 11:54 AM Reply With Quote
£3K will not buy much of a 'classic' Land Rover, it will however acquire a rusty collection of scrap that has the financial devastation that only a politician/banker could match.

I'd be looking at RD250/350LC's, and/or a good RD400(E). Plenty of nostalgic old gits like myself wanting to relive the horrific crashes of their youth.

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ravingfool

posted on 12/2/16 at 12:01 PM Reply With Quote
You'll be lucky with only £3k!

I agree that B GTs are going to go up in value.

Loads around of course but because they've been cheap for a long time a lot of stock have not been maintained well or abused and modified and a real mint car (even rubber bumper) is going to become sought after in time; I reckon you'd need more than 5 years to make the investment worthwhile though.

With hindsight I know I missed a trick as I bought a rotting B GT about 9 years ago and gave up on it after only a few years as the rot was too great and the car worth too little and I needed a daily driver. The car I bought ticked all my personal boxes - BRG, wire wheels, mk1 with all the trimmings, good compression in the engine and mechanically sound but was a terrible purchase even at the low low price of £2k. (bloody good fun though so I'm not too worried)

Whilst looking at that time I also had the opportunity to purchase a rubber bumper B GT only a couple of years newer and in absolutely mint condition, a fraction of the miles, dry stored for the majority of its life and fastidiously maintained with no expense spared and all of that history saved... all for the same £2k.

Being young and foolish and only worrying about driving experience and not yet fully informed about the emotional damage caused by losing money hand over fist on cars, I went with the shitbox that won my heart even though deep down I knew even then that the rubber bumper car was by far the better buy.

If you could find something like that and hold onto it for another 10 years I think there will come a time for much stronger money for them as the rubber bumper model has by and large been unloved or simply converted back to mk1 spec whittling down the number available. It'll go up in value over 5 years but maybe not enough to be worth the opportunity cost and maintenance required in that time?

That said, maybe I underestimate the numbers available because a quick look on ebay seems to show quite a lot available in what appears good nick for not that much money.

The people really making money somewhat reliably on car investments are putting their money into exotic cars that you and I cannot afford now, never mind in 10 years time. It's a big punt on a car that is just at a low ebb in value and may or may not gain over the long run but certainly will cost money to maintain in both the short and the long run!

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Mr Whippy

posted on 12/2/16 at 12:56 PM Reply With Quote
quote:
Originally posted by motorcycle_mayhem
£3K will not buy much of a 'classic' Land Rover, it will however acquire a rusty collection of scrap that has the financial devastation that only a politician/banker could match.



I don't know, I've finshed a few restorations (mostly SIII's) that even with the amount of work done which was a lot, that once complete were worth at least 2-3 times what I spent, trick would be to get a SI or SII for much less than the owner realises and stay away from the chequer plate tat.

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RoyM

posted on 12/2/16 at 03:28 PM Reply With Quote
Ford Puma
Peugeot 205gti
Citroen AXGT
Renault 5 Gordini
Mg Midget RWA
Austin A35 (race series will take off soon)

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Slimy38

posted on 12/2/16 at 03:48 PM Reply With Quote
I'd also go for a two wheeled investment. Something a bit special, doesn't need to be particularly old now but it does need to be likely to age well.

I'd suggest Triumph and Ducati will give you more than Yamaha or Honda, although as mentioned above there are even favourable options with Japanese.

And it's easier to store!

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spiderman

posted on 12/2/16 at 08:52 PM Reply With Quote
quote:


I've got a GT6 which it would be nice if it acted as an investment but to be honest is just nicer than seeing the money going down in value in the bank.


That's why I bought mine.
I am now selling to release cash for another investment, I have had a huge amount of fun in it and I expect to return more than a 20% increase on my investment in under 3 years. I don't think I could have got that sort of a return investing in something which was equally as much fun to own.


http://classiccars.brightwells.com/viewdetails.php?id=6346




[Edited on 12/2/16 by spiderman]

[Edited on 12/2/16 by spiderman]





Spider

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Ugg10

posted on 12/2/16 at 09:16 PM Reply With Quote
another couple to add to the list -

one pretty obvious - Clio 172 (cup/trophy if you can find one)

one off the wall - panda 4x4 ????





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bi22le

posted on 12/2/16 at 11:36 PM Reply With Quote
Someone mentioned car parts .

Maybe i could buy a barn found cossie engine.

Invest in a check over and rebuild then hold it.

i don't have lots of space so smaller the better.

Someone at work mentioned watches. I know zero about material objects outside the automotive world.

I can barely be bothered to dress myself!

I am not a material person





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skydivepaul

posted on 13/2/16 at 12:06 AM Reply With Quote
As mentioned previously xk8's have bottomed out
4 litre v8 with loads of torque. Driven a few and they are a great diving car
I nearly bought one but wanted a car with more track day performance so went for a boxster s
3k won't get get you one of these but for not much more you can get a good car
Now that Porsche are changing the engine config to a 4 cylinder turbo the old flat 6's may become classics?





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cryoman1965

posted on 13/2/16 at 10:48 AM Reply With Quote
MK 1 mondeo. Very few around.
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mark chandler

posted on 13/2/16 at 02:11 PM Reply With Quote
As space is a premium a really good mk1 mx5, no point getting an engine or watch you will not wear. Buy something you can enjoy.
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Dingz

posted on 13/2/16 at 02:12 PM Reply With Quote


Saw this this morning

oops nearly worked

http://www.locostbuilders.co.uk/photos.php?action=showphoto&photo=2opel2.jpg

[Edited on 13/2/16 by Dingz]

[Edited on 13/2/16 by Dingz]

[Edited on 13/2/16 by Dingz]

[Edited on 13/2/16 by Dingz]





Phoned the local ramblers club today, but the bloke who answered just
went on and on.

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coozer

posted on 13/2/16 at 02:47 PM Reply With Quote
Buy some gold, hide it and see how it goes up...





1972 V8 Jago

1980 Z750

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Rod Ends

posted on 13/2/16 at 04:40 PM Reply With Quote
Mercedes SLK - loads of them available from under a grand.
Convertibles are always popular.
£3k should get you something reasonable.

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