Emperor Mong wrote:

Posts like these do worry me.

When people start "investing" in cars, the market is usually close to the peak. This time, the market is being distorted by zero interest rates - you earn nothing in the bank so you might as well put it somewhere else. Billions has flowed into classic cars and billions more have followed that as the prices have gone up as it seems like a safe bet.

However, when interest rates go up again (and they will) then the prices will fall (perhaps from a much higher level).

So buy something that you love, not something that you think will go up in price. Ask yourself if you would be happy owning it if it lost half the money you put into it AND needed restoration work to keep it running. If the answer is yes, then go for it.

I think you're right... it's no more sound an investment than roulette! Technically I have a car appreciating in value, but I will never see that return through bodywork (f ing BL 'steel' more often than not!) (and this is as kosher an example as you'll find)!! Only time I've seen someone really come up trumps is a family friend who owned a 70s DBS shooting brake... long term investment in one off/rare cars is the only real way to make any money doing this. But the passion has to be there to begin with.

Seriously thinking of getting me an e30 325i convertible.

Am starting to look around at the mo, it's not for investment, it's for summer use and fun and games with the family. But they do seem to be holding value t the moment, but obviously finding a nice original example is tricky! There is nothing that can't be fixed with a hammer😜😜
FFRR 4.4 SDV8 Autobiography Santorini Black.
Fiat 500x 1.4 multiair Lounge 2015
2010 LR D4 Commercial 2.7 TDV6

Love the e30 too but they've already started to increase a lot. Saw a 325i Sport on Piston Heads a couple of months back for nearly £20K

I would say a mark 1 golf gti. Still under £10k.
Recognised as the granddaddy of hot hatches.

My neighbour has several old fords. Eg Rs2000 mk2, ml 1 Mexico , they are serious money, and imo don't drive that well. Ie poor brakes. But are still appreciating ?!? Alcohol and eBay is never a good mix

2006 4.2 Supercharged, Java Black

VERY good advice, Mong. My thoughts exactly. Classic cars have done this before. As to what's a classic, almost everyone has a different idea. That's what makes it so much fun.

I'd consider an early two door Disco at the bottom end of the market and a bit further up I still think the Ferrari 456 is going to go. All the other Ferraris have. Regards
Mark

2009 D4; 1993 Classic 3.9 VSE

I want to know when 612's will hit their bottom dollar? Say £20k ish

^^ servicing costs on one of those make maintaining a Testarossa look like picnic though

Plug changes are eye watering!!!

Cam-Tech-Craig wrote:

612's

I'm no Ferrari expert, but there just aren't enough of them to ever have a model go through the "old banger" stage. I think they'll always command good prices.

I used to drive a Ferrari that is defiantly not a classic ,
400i
it gets worse
The wrong red
it gets even worse
Auto
It was my bosses tender to his yacht and frankly I would rather take the bus most days  2008 MY Supercharged
Rimini Red / Jet
four zone climate
remote park heater
and no ugly kid windows.
magnus satis quod turpis satis

Like I said, I'm no expert.
I'm showing my age, but I like the one from the MagnumPI show.

The E30 BMW could be a good investment right now. They are starting to creep up very slowly at the moment but still within reach of most enthusiasts purse strings. A nice 325 could be a good investment

^ E30 M3, now there's a car!  Got - 2017 SDV8 Autobiography in Loire Blue
Had- 2008 TDV8 Vogue SE in Java black
Had - 2007 S/C in Stornoway Grey