Which modern classic?
Scooby Regular
Joined: Aug 2014
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From: Chewing the fat
Great call - one of my all-time favourites. But good, low-mileage examples are already very pricey. Might struggle to get a decent one for £30k. Surely they will only continue to rise in value, though.
http://www.autotrader.co.uk/classifi...=Z3M&logcode=p
http://www.autotrader.co.uk/classifi...=Z3M&logcode=p
http://www.autotrader.co.uk/classifi...=Z3M&logcode=p
http://www.autotrader.co.uk/classifi...=Z3M&logcode=p
Thread Starter
Scooby Regular
Joined: Oct 2009
Posts: 6,345
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From: In a house
@pacenote Thanks. I'll take a closer look.
@Fabioso Thanks. I'm not looking for a car to match my existing or recent previous cars in terms of speed or any other parameter to be honest. The primary goal is for it to be collectable and an investment. I just don't want it to be a barge to drive, so it just needs to have a little bit of fun factor.
An Elise could potentially tick that box because it'll be 'chuckable' and nimble in a way that my c63 and 991 aren't. An Exige, to my eyes, looks a lot nicer though.
I'm out of the country at present but when I'm back I'll contact a specialist dealer or two and pick their brains on all the different models and incarnations.
The other car that sprung to mind was a VW Corrado VR6. No longer made so that could help collectable status but then I don't think it had the cult following, video game exposure or racing affiliations that some of the other contenders mentioned have.
Cheers
@Fabioso Thanks. I'm not looking for a car to match my existing or recent previous cars in terms of speed or any other parameter to be honest. The primary goal is for it to be collectable and an investment. I just don't want it to be a barge to drive, so it just needs to have a little bit of fun factor.
An Elise could potentially tick that box because it'll be 'chuckable' and nimble in a way that my c63 and 991 aren't. An Exige, to my eyes, looks a lot nicer though.
I'm out of the country at present but when I'm back I'll contact a specialist dealer or two and pick their brains on all the different models and incarnations.
The other car that sprung to mind was a VW Corrado VR6. No longer made so that could help collectable status but then I don't think it had the cult following, video game exposure or racing affiliations that some of the other contenders mentioned have.
Cheers
Thread Starter
Scooby Regular
Joined: Oct 2009
Posts: 6,345
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From: In a house
The ZM Coupe was one of the very first cars I looked at but they are £40k to £50k for a good quality non imported one. That's a bit more than I want to spend tbh but they are absolutely gorgeous and only 200 UK models were ever made.
Scooby Regular
Joined: May 2008
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From: Southampton
My opinion:
At this point, I think "modern classics" have been inflated in value over the past 2-3 years due to the amount of cheap debt available, and the lack of interest on savings etc. With a few exceptions, most of them will likely have already appreciated about as much as they are going to (i.e. anything that is already considered collectible), so I would be very wary of sticking significant amounts of money into one at this point.
Of course, the general timescale for a car appreciating sharply in value seems to be "a few days after I sell one" so it is entirely possible I am completely wrong on this.
At this point, I think "modern classics" have been inflated in value over the past 2-3 years due to the amount of cheap debt available, and the lack of interest on savings etc. With a few exceptions, most of them will likely have already appreciated about as much as they are going to (i.e. anything that is already considered collectible), so I would be very wary of sticking significant amounts of money into one at this point.
Of course, the general timescale for a car appreciating sharply in value seems to be "a few days after I sell one" so it is entirely possible I am completely wrong on this.
Thread Starter
Scooby Regular
Joined: Oct 2009
Posts: 6,345
Likes: 1
From: In a house
My opinion:
At this point, I think "modern classics" have been inflated in value over the past 2-3 years due to the amount of cheap debt available, and the lack of interest on savings etc. With a few exceptions, most of them will likely have already appreciated about as much as they are going to (i.e. anything that is already considered collectible), so I would be very wary of sticking significant amounts of money into one at this point.
Of course, the general timescale for a car appreciating sharply in value seems to be "a few days after I sell one" so it is entirely possible I am completely wrong on this.
At this point, I think "modern classics" have been inflated in value over the past 2-3 years due to the amount of cheap debt available, and the lack of interest on savings etc. With a few exceptions, most of them will likely have already appreciated about as much as they are going to (i.e. anything that is already considered collectible), so I would be very wary of sticking significant amounts of money into one at this point.
Of course, the general timescale for a car appreciating sharply in value seems to be "a few days after I sell one" so it is entirely possible I am completely wrong on this.
You talk a lot of sense mate. I've been looking around at some of the prices and am quite shocked that so many different cars have rocketed in value.
You've hit the nail on the head when you say there's probably a significant elememt of bubble phenomenon created off the back of
cheap debt.
And if history is anything to go by bubbles usually burst just after I decide to dip my toe in the water
Thread Starter
Scooby Regular
Joined: Oct 2009
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From: In a house
