koolkorsa
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Registered: 15th Jun 03
User status: Offline
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I'm looking at selling my car and having a run of the mill a3 tdi or golf tdi or similar for work (15k miles a year) and then getting something a bit flasher and fun for the weekend. Would get very light use possibly only 2 or 3k miles a year - I'm willing to spned up to £15,000 on it.
Ideally I'd like something that won't depreciate rapidly or even better something that would appreciate in value. Really haven't looked into classic cars before but was looking for some input on what cars may hold their value or appreciate in value? Must also be rare and look special. Any input / ideas would be great.
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ainsley_brader
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Registered: 24th Mar 02
Location: Tattershall, Lincolnshire
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classis cars can actualy depreciate especially in the currenct climate!
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jr
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Registered: 20th May 02
Location: Kent
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as ainsley said
but as im here, a RS500, just look at the prices
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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An old Ford, something like an Escort RS2000/Mexico/RS1800/RS1600/Twin Cam, Lotus Cortina, would be my choice for an investment.
They've been steadily going up in value for years with no sign of stopping.
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koolkorsa
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Registered: 15th Jun 03
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Yes obviously it's not guarenteed that they'll go up in value - I'm not buying one as a investment but would be nice to find something I liked that would hold it's value well. Will have a look at the old fords now cheers robin.
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wilson_sri
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Registered: 31st Aug 04
Location: Dunfermline Drives: Technics 1210s
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For any car to be a investment it really needs to be bought with very low miles. THen locked away in a carcoon for 10 years plus.
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Welsh Dan
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Registered: 23rd Mar 00
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A Lotus Esprit?
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Theham85
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Registered: 29th Nov 06
Location: Brisbane Queensland
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Aye get a mk1 escort, they seem to hold value and they are brilliant wee cars
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
User status: Offline
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quote: Originally posted by wilson_sri
For any car to be a investment it really needs to be bought with very low miles. THen locked away in a carcoon for 10 years plus.
Depends what you mean by investment.
I didn't lose any money on my mk1 Golf, it was a better investment than a more modern car.
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LeeM
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Registered: 26th Sep 05
Location: Liverpool
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escort cosworth gets my vote!
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Daniel_Corsa
Premium Member
Registered: 21st Apr 04
Location: Wigton, Cumbria
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E30 M3, they are slowly starting to creep up in value again
April '06' Corsasport Feature Car | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
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Colin
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Registered: 4th Apr 02
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A nice clean Escort Cosworth with minimal mods in a good colour should return a good resale, would be fun for the weekends too!!
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Colin
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Registered: 4th Apr 02
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quote: Originally posted by Daniel_Corsa
E30 M3, they are slowly starting to creep up in value again
Or one of those!! Most seem to be priced higher than 3-4yrs ago!!
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LeeM
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Registered: 26th Sep 05
Location: Liverpool
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my mums cousin has just bought an e30 m3, is sweet
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AK
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Registered: 5th Jul 00
Location: Aberdeen City
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while they may go down in value, they dont free fall like a new vaux off the forecourt
I've had the 911 for 3 years now i think. It comes out in the summer, usualy does about 1000miles a year, sometimes less. Its got under 80,000miles on the clock and is pretty much standard. Its starting to need a freshen up. I keep it in a climate controlled bag over the minter months.
All in all its not a bad car for being 27years old. Its needing some expensive work soon though :S New heat exchangers.
I dont think i'll have lost any money on what I paid, but i got it all a pretty cheap 'family' price. Prob worth about 10k now. Was 18k new, have the original sale docs etc.
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AK
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Registered: 5th Jul 00
Location: Aberdeen City
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my current want are a ferrari 512BBi but they have shot up from 40k to 70 k in a few years I want a ferrari though.
How about a lambo Jalpa? They have interested me before... nice V8
Keep pondering turning my 911 into an RS rep too, but unsure about it. Maybe see if there is need for much work on it... If it needs a bit do it, if not, dont.
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RichR
Premium Member
Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
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Lotus Elan; relatively new but the prices have increased year on year for he past 3/4 years
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jr
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Registered: 20th May 02
Location: Kent
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Like robin said, and going back to fords, there are loads and loads of specalists still, and parts, despite possible cosworth tax, are still cheap
which i dont think can be said for the lambo
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aron
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Registered: 10th May 07
Location: Ware, Hertfordshire
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mk1 escort mexico / rs1600 or mk 1 lotus cortina
you wouldn't lose money on either imo.
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myke
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Registered: 7th Feb 01
Location: High Wycombe, Buckinghamshire
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i'd be getting a merc sl450 or something if i was in this position
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AK
Member
Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
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Datsun 240Z!
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AK
Member
Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
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shite, just realised....
I kinda have two oldtimers on my hands :/
The skyline is 18 years old.
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Kerry
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Registered: 5th Oct 01
Location: Norwich
User status: Offline
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corrado vr6 storm
mk1 lotus elise
old BMW, like a CSL, or a 2002, from the 70's (might be out of price range)
tbh no car is really an investment, you have to find something that for some reason will be sought after in years to come. Plenty of enthusiasts for mk1 escorts as said already
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