What modern car as an investment?
#31
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#32
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Put it this way, EVERYTHING you spend money on is loosing you a fortune (aside from investments). I also "lose" a fortune on beer, eating, sports, music and so on.
I could too, buy a **** old car and have extra money but then I'd think "right!, all this extra money I've saved, what shall I do with it? I know, I'll buy myself a nice car". q.e.d.
#33
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As said, I have done this with cars for a while until recently, and what actually happens is you spend all the spare cash on useless gadgets and up to date technology and 5 years down the line you end up taking all that gear to the tip as its out of date!!
#34
I buy and sell the odd motor, got a Golfo for £250, tarted it up for £50, sold it for £700. Boltiong the steering column back onto the car made the biggest difference D:
Ergo, Golf's are investment material, people will buy ****ty, manky old non turbo Golfs, cos its a Golf and a Diesel, no, sorry it was an evil pile of old MK3 badness.
Ergo, Golf's are investment material, people will buy ****ty, manky old non turbo Golfs, cos its a Golf and a Diesel, no, sorry it was an evil pile of old MK3 badness.
#36
I have chopped and changed cars for years with nothing lasting more than 1 year and often only a few months. Always been sub 12K cars, but still lost a fortune over the years. Broken even on a few and might have even made a couple of hundred on some, but generally always gone backwards. That said I have enjoyed trying all these cars and have even done the modified thing on various cars, and have tried just about every jap and german car money can buy.
But I have just recently bought a cheap 306xsi 2.016V (4 door) that was a total loss but repaired as a track toy. But having got it, its a really nice drive, solid, quick, handles and owes me nothing, bodywork isn't great but then I dont care, or care about the car. It still gives driving pleasure so now thinking of taking some time out with cars and taking this on as my daily hack and a ocassional track toy. Then save the pennies and have penty of splash cash and effectively be able to do anything I want without thinking can I afford it.
I could afford a better car and still not be living on the edge so not sure if I can going a little too far with things now, and in danger of what you suggest. Its another chapter I have got to try, and will see how things go. But if things dont' work out and my dark side gets the better of me, I can always keep the pug as a hack and get my TVR for the weekend which is a another scratch I have yet to itch.
In summary rather than buy a complete shed... £500-£1000 can buy you a car that won't be a total shed or be embarrassing to drive, will not depreciate in value, be fairly reliable, cheap to run, and still give you a little driver enjoyment. What it will also do is give you a different kind of enjoyment knowing all the money your saving, the fact that you won't be worried about it if it gets dented, and won't worry about any major mechanical failure. If it does break in a big way you just throw it away and move onto another car.
As for a mid range/cheap 4 door car that is still lots of fun, costs relatively little to run (in terms of proper performance car). Wont depreciate and is cheap to maintain then the obvious to me is a Classic UK scoob, FSH, with little or no mods. for around the 4-5K mark.
#37
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There's not much under £1k that's not embarrassing to drive! I had a 205 1.9 gti with a mi16 conversion a couple of years ago. Still embarrassing. Felt like an 18 year old in it and attracted even worse attention than my Imprezas have.
#38
mmmmmmmmm
My 4.4i was bought for 25k, ran it for 2 years, put 2 tyres on it at about £400, one service at about £300. Sold it for £17k.
ok so not an investment, but a hell of a lot better than your sarky comment would have everyone believe
My 4.4i was bought for 25k, ran it for 2 years, put 2 tyres on it at about £400, one service at about £300. Sold it for £17k.
ok so not an investment, but a hell of a lot better than your sarky comment would have everyone believe
#39
Still, quite a steep price for looking like a bell end.
#41
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So you have to experience or know about a certain car to hav the opinion that the owner is a bell-end?
I think the chav in his silly spoilered up Corsa/Saxo is a bell-end, I don't need to have owned, driven one to know that!
Methinks rabbos posted it as a wind up rather than anything seriously intended, mind you it worked as you clearly got wound up
However, if rabbos is actually serious and really thinks everyone in an X5 is a bellend then indeed his statement is ironic.
I think the chav in his silly spoilered up Corsa/Saxo is a bell-end, I don't need to have owned, driven one to know that!
Methinks rabbos posted it as a wind up rather than anything seriously intended, mind you it worked as you clearly got wound up
However, if rabbos is actually serious and really thinks everyone in an X5 is a bellend then indeed his statement is ironic.
#42
So you have to experience or know about a certain car to hav the opinion that the owner is a bell-end?
I think the chav in his silly spoilered up Corsa/Saxo is a bell-end, I don't need to have owned, driven one to know that!
Methinks rabbos posted it as a wind up rather than anything seriously intended, mind you it worked as you clearly got wound up
However, if rabbos is actually serious and really thinks everyone in an X5 is a bellend then indeed his statement is ironic.
I think the chav in his silly spoilered up Corsa/Saxo is a bell-end, I don't need to have owned, driven one to know that!
Methinks rabbos posted it as a wind up rather than anything seriously intended, mind you it worked as you clearly got wound up
However, if rabbos is actually serious and really thinks everyone in an X5 is a bellend then indeed his statement is ironic.
In fact its usually the opposite. All sorts of bull$hit is spouted in order to justify someones purchase.
Sounds like you should know.
Let me guess you are 4x4 hater with no actual experience or knowledge of them?
Let me guess you are 4x4 hater with no actual experience or knowledge of them?
All of the above = BELL END
#43
alot of good whorthwhile points being made makes you think abut what your driving il think il go and buy an old toyota corolla.
i know for a fact that mx5s are brilliant to drive and hold their value well bought mines 3 years ago j 91 plate for £500 needed a back window and clutch.
sold it just before the summer there for £1300.
bought my boxster 3.2s 53 plate in jan this year for £23500 my first half descent car was initially looking at an m3 but thought it would be my only chance of ever owning a porsche.
i tried to px it recently on a few different cars just there best i got offered was 14k.apparently no one is wanting a car like this in the current climate everyone is getting rid of 4x4's and large engined cars what a kick to the *****.......my dilema is do i keep holding onto it or take the hit and get something cheaper.the clutch in the boxster is heavy and ive broken my left leg twice this year (not by using the clutch lol)so looking at getting something easier to drive and lighter on the pocket.the mx5 has a very light clutch.
worst of all i think the mx5 is a more rewarding and fun car to drive definetley rate the mx5 as the handling is sweet which makes up for the lack of power and is very chuckable and reliable.just shows you all that money and i was happier driving my banger lol
i know for a fact that mx5s are brilliant to drive and hold their value well bought mines 3 years ago j 91 plate for £500 needed a back window and clutch.
sold it just before the summer there for £1300.
bought my boxster 3.2s 53 plate in jan this year for £23500 my first half descent car was initially looking at an m3 but thought it would be my only chance of ever owning a porsche.
i tried to px it recently on a few different cars just there best i got offered was 14k.apparently no one is wanting a car like this in the current climate everyone is getting rid of 4x4's and large engined cars what a kick to the *****.......my dilema is do i keep holding onto it or take the hit and get something cheaper.the clutch in the boxster is heavy and ive broken my left leg twice this year (not by using the clutch lol)so looking at getting something easier to drive and lighter on the pocket.the mx5 has a very light clutch.
worst of all i think the mx5 is a more rewarding and fun car to drive definetley rate the mx5 as the handling is sweet which makes up for the lack of power and is very chuckable and reliable.just shows you all that money and i was happier driving my banger lol
Last edited by delcbr; 18 September 2008 at 10:07 PM.
#44
qed what does that mean?
The same function as a good quality cardboard box keeps me dry.
I don't look at it in that way. I pay X amount for a car, I budget running costs including depreciation and buy what I can afford and what I want to drive around in. (in the same way as the sh1troen driver budgets his running costs which year on year may even be more! as I bet his is more unreliable - that's another thing, I need to rely on my car so have something that is reliable, a crappy old french tinbox doesn't offer this).
Put it this way, EVERYTHING you spend money on is loosing you a fortune (aside from investments). I also "lose" a fortune on beer, eating, sports, music and so on.
I could too, buy a **** old car and have extra money but then I'd think "right!, all this extra money I've saved, what shall I do with it? I know, I'll buy myself a nice car". q.e.d.
I don't look at it in that way. I pay X amount for a car, I budget running costs including depreciation and buy what I can afford and what I want to drive around in. (in the same way as the sh1troen driver budgets his running costs which year on year may even be more! as I bet his is more unreliable - that's another thing, I need to rely on my car so have something that is reliable, a crappy old french tinbox doesn't offer this).
Put it this way, EVERYTHING you spend money on is loosing you a fortune (aside from investments). I also "lose" a fortune on beer, eating, sports, music and so on.
I could too, buy a **** old car and have extra money but then I'd think "right!, all this extra money I've saved, what shall I do with it? I know, I'll buy myself a nice car". q.e.d.
#46
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tell your mate i will sell him a 1999 clk merc 2.3 convertible kompresser for £5600 the price of these will probably never go below 5k then start riseing
#50
Yeah, but how much is it worth NOW? And let's be honest, £330 a month in depreciation is ****e however you dress it up.
#51
Ah a sane person! Ownership or experience doesn't guarantee knowledge of said car, and neither does it indicate a right to discharge opinions over anyone else.
In fact its usually the opposite. All sorts of bull$hit is spouted in order to justify someones purchase.
I generally don't have any respect for the owners as they are miniscule people who can barely see over the wheel, drive up peoples ***** to bully them out of the way in dense traffic (including motor bikes), don't signal, stop randomly without signalling, and think they have right of way in all situations.
All of the above = BELL END
In fact its usually the opposite. All sorts of bull$hit is spouted in order to justify someones purchase.
I generally don't have any respect for the owners as they are miniscule people who can barely see over the wheel, drive up peoples ***** to bully them out of the way in dense traffic (including motor bikes), don't signal, stop randomly without signalling, and think they have right of way in all situations.
All of the above = BELL END
Ah yes, you take the experience that you have had with a couple of individuals and apply them to the group as a whole.
Now, what type of person does that..........? I can think of lots, but let's just say 'small minded'
Instead of jumping on the 'we hate 4x4' band wagon, try forming your own opinions. It wil become easier when you hit your late teens / early 20's.
You say this
Ownership or experience doesn't guarantee knowledge of said car, and neither does it indicate a right to discharge opinions over anyone else.
Yet you call me a Bell-end soley on the fact that once owned an X5. Double standards methinks.
Anyway, I am sick of correcting small minded dweebs on their blanket opinion of 4x4 drivers. I have owned an X5 I currently have a Q7. I will lose approx 16k on the Q7 when I sell it in the summer. I'll probably go out and buy another. so up ye
On another note, I personally don't particulary like 4x4's, but I form this opinion from ownership experience. The wife likes them, so that what she gets. I prefer my own rear wheel drive car.
Oh and all the pre conceived ideas about X5 drivers do not apply to me or the wife for that matter.
We are courteous, happy drivers, I can see over the wheel with ease (electric seats, technology eh!), I do not drive up peoples ***** or bully them out of the way in dense traffic. I always give motor bikes loads of room, I always signal, never stop randomly without signalling, and am well aware of the highway code when it comers to right of way in all situations.
#52
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I have owned an X5.... We are courteous, happy drivers, I can see over the wheel with ease (electric seats, technology eh!), I do not drive up peoples ***** or bully them out of the way in dense traffic. I always give motor bikes loads of room, I always signal, never stop randomly without signalling, and am well aware of the highway code when it comers to right of way in all situations.
Sorry, couldn't resist stirring!
#54
#56
There are plenty of bargains about at the moment..
An X5 can be had for 10k..You wont lose much on that in a couple of years.
Auto Trader UK - BMW X5 3.0i Sport 5dr Auto Estate
Newer shape range rovers are popping into the 10k bracket now as well..
Auto Trader UK - RANGE ROVER 4.4 V8 HSE
Both heavy on fuel as a daily driver,but its all relative.
Old Porsche 911's are still a blue chip investment,as well as the Z3M coupe..
Auto Trader UK - PORSCHE 911 2dr Carrera 4 Coupe
The one thing you dont wanna buy as an investment is an Impreza..
There are 2.5 WRX's around a year old at under 10k.. Thats a bad % if you can be arsed to work it out..
Auto Trader UK - SUBARU IMPREZA 2.5 WRX Please Call Dan: 07779 234002
An X5 can be had for 10k..You wont lose much on that in a couple of years.
Auto Trader UK - BMW X5 3.0i Sport 5dr Auto Estate
Newer shape range rovers are popping into the 10k bracket now as well..
Auto Trader UK - RANGE ROVER 4.4 V8 HSE
Both heavy on fuel as a daily driver,but its all relative.
Old Porsche 911's are still a blue chip investment,as well as the Z3M coupe..
Auto Trader UK - PORSCHE 911 2dr Carrera 4 Coupe
The one thing you dont wanna buy as an investment is an Impreza..
There are 2.5 WRX's around a year old at under 10k.. Thats a bad % if you can be arsed to work it out..
Auto Trader UK - SUBARU IMPREZA 2.5 WRX Please Call Dan: 07779 234002
Last edited by fatscoobfella1; 24 September 2008 at 07:48 AM.
#57
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There are plenty of bargains about at the moment..
An X5 can be had for 10k..You wont lose much on that in a couple of years.
Auto Trader UK - BMW X5 3.0i Sport 5dr Auto Estate
Newer shape range rovers are popping into the 10k bracket now as well..
Auto Trader UK - RANGE ROVER 4.4 V8 HSE
Both heavy on fuel as a daily driver,but its all relative.
Old Porsche 911's are still a blue chip investment,as well as the Z3M coupe..
Auto Trader UK - PORSCHE 911 2dr Carrera 4 Coupe
The one thing you dont wanna buy as an investment is an Impreza..
There are 2.5 WRX's around a year old at under 10k.. Thats a bad % if you can be arsed to work it out..
Auto Trader UK - SUBARU IMPREZA 2.5 WRX Please Call Dan: 07779 234002
An X5 can be had for 10k..You wont lose much on that in a couple of years.
Auto Trader UK - BMW X5 3.0i Sport 5dr Auto Estate
Newer shape range rovers are popping into the 10k bracket now as well..
Auto Trader UK - RANGE ROVER 4.4 V8 HSE
Both heavy on fuel as a daily driver,but its all relative.
Old Porsche 911's are still a blue chip investment,as well as the Z3M coupe..
Auto Trader UK - PORSCHE 911 2dr Carrera 4 Coupe
The one thing you dont wanna buy as an investment is an Impreza..
There are 2.5 WRX's around a year old at under 10k.. Thats a bad % if you can be arsed to work it out..
Auto Trader UK - SUBARU IMPREZA 2.5 WRX Please Call Dan: 07779 234002
#59
There are plenty of bargains about at the moment..
An X5 can be had for 10k..You wont lose much on that in a couple of years.
Auto Trader UK - BMW X5 3.0i Sport 5dr Auto Estate
Newer shape range rovers are popping into the 10k bracket now as well..
Auto Trader UK - RANGE ROVER 4.4 V8 HSE
Both heavy on fuel as a daily driver,but its all relative.
Old Porsche 911's are still a blue chip investment,as well as the Z3M coupe..
Auto Trader UK - PORSCHE 911 2dr Carrera 4 Coupe
The one thing you dont wanna buy as an investment is an Impreza..
There are 2.5 WRX's around a year old at under 10k.. Thats a bad % if you can be arsed to work it out..
Auto Trader UK - SUBARU IMPREZA 2.5 WRX Please Call Dan: 07779 234002
An X5 can be had for 10k..You wont lose much on that in a couple of years.
Auto Trader UK - BMW X5 3.0i Sport 5dr Auto Estate
Newer shape range rovers are popping into the 10k bracket now as well..
Auto Trader UK - RANGE ROVER 4.4 V8 HSE
Both heavy on fuel as a daily driver,but its all relative.
Old Porsche 911's are still a blue chip investment,as well as the Z3M coupe..
Auto Trader UK - PORSCHE 911 2dr Carrera 4 Coupe
The one thing you dont wanna buy as an investment is an Impreza..
There are 2.5 WRX's around a year old at under 10k.. Thats a bad % if you can be arsed to work it out..
Auto Trader UK - SUBARU IMPREZA 2.5 WRX Please Call Dan: 07779 234002
I know X5's and Rangey's are good value right now, but you'll never sell it and they've still got plenty of money to lose. As a great value car if you're going to keep it for a long time, any of the above. As an investment opportunity, apart from the 911, I'm afraid I'm out.
#60
The 4x4's have lost all the money there going to...
Own them 2 years and lose a couple of K...tops...
P38 rangies are still bringing fair cash...
Lets have it right,no car at 10k is gonna be an investment,especially if you have to drive it everyday...
Buying at this money as a daily driver is all about collateral damage,and stuff like big 4x4's have lost that much that there aint a lot further for them to fall..
Even the 911 is gonna have it ***** knocked out of it if its used as a daily hack..
Whats your suggestions then Rev?
Own them 2 years and lose a couple of K...tops...
P38 rangies are still bringing fair cash...
Lets have it right,no car at 10k is gonna be an investment,especially if you have to drive it everyday...
Buying at this money as a daily driver is all about collateral damage,and stuff like big 4x4's have lost that much that there aint a lot further for them to fall..
Even the 911 is gonna have it ***** knocked out of it if its used as a daily hack..
Whats your suggestions then Rev?
Last edited by fatscoobfella1; 25 September 2008 at 12:48 PM.