Classic scooby,good future investment??
#1
Classic scooby,good future investment??
Hiya lads,
(warning possible long post)
not been on the forum for a fair few years now,used to have a 316 bhp classic, had to break it though as the rear arches were shot.
alot of things have changed now,I live in the south of France and daily drive a ford transit lol. I always like to keep my eye on the prices of my cherished motors and after seeing the prices of escort rs turbos go through the roof (I sold mine in 09 for £550 😣 it got me to thinking of the trusty classic that you can still buy for not alot of money!
here in france they are called impreza gt turbo and are basically a turbo 2000 and they cost 7000 euros minimum,French car prices are crazy.
so I am thinking about buying another classic this year from the uk and bringing it here,not a type-r unless funds magically change but a decent shell example for £3500 ish. Sorting out any body issues and rust and then underseal etc for the future as rust doesn't really exist here so it will never be an issue again 😆
engine wise nothing serious , would like 300+bhp and know the necessary mods to achieve that. It needs to look stock as modifying here is frowned upon but il get an alKatec or the like and have a (standard) map and mid and high boost map so I'm hoping if it looks pretty much oem I can maybe get the mot passed. Sure some of you may from upon this I guess.
basically I want a solid enough impreza I can work on and make nice and clean with a few subtle mods that I can keep for 5 or ten years and maybe see a nice return on if I ever decide to sell it.
I know loads of u guys will know what I mean about selling cars that are worth small fortunes today for peanuts back in the day and for me (I've been thinking it for the last three years that the impreza will go up in the near future) now is the time to buy.
what do you guys think?
also another issue I'd have to have it mapped to run 98 or 95 as 99 doesn't exist although I can get e85 locally 😎
sorry for the long post
cheers jme-rst
(warning possible long post)
not been on the forum for a fair few years now,used to have a 316 bhp classic, had to break it though as the rear arches were shot.
alot of things have changed now,I live in the south of France and daily drive a ford transit lol. I always like to keep my eye on the prices of my cherished motors and after seeing the prices of escort rs turbos go through the roof (I sold mine in 09 for £550 😣 it got me to thinking of the trusty classic that you can still buy for not alot of money!
here in france they are called impreza gt turbo and are basically a turbo 2000 and they cost 7000 euros minimum,French car prices are crazy.
so I am thinking about buying another classic this year from the uk and bringing it here,not a type-r unless funds magically change but a decent shell example for £3500 ish. Sorting out any body issues and rust and then underseal etc for the future as rust doesn't really exist here so it will never be an issue again 😆
engine wise nothing serious , would like 300+bhp and know the necessary mods to achieve that. It needs to look stock as modifying here is frowned upon but il get an alKatec or the like and have a (standard) map and mid and high boost map so I'm hoping if it looks pretty much oem I can maybe get the mot passed. Sure some of you may from upon this I guess.
basically I want a solid enough impreza I can work on and make nice and clean with a few subtle mods that I can keep for 5 or ten years and maybe see a nice return on if I ever decide to sell it.
I know loads of u guys will know what I mean about selling cars that are worth small fortunes today for peanuts back in the day and for me (I've been thinking it for the last three years that the impreza will go up in the near future) now is the time to buy.
what do you guys think?
also another issue I'd have to have it mapped to run 98 or 95 as 99 doesn't exist although I can get e85 locally 😎
sorry for the long post
cheers jme-rst
#3
#4
5-10 years isn’t long in the classic car world - now if you were gonna keep it 30-40 years then yes, a nice one will make money, but over 5 years you may be lucky to see any great gains. Just get a nice one and enjoy it , and if it makes a few quid ( or euros😊, when you sell it in 5 years, then great 👍
Hiya lads,
(warning possible long post)
not been on the forum for a fair few years now,used to have a 316 bhp classic, had to break it though as the rear arches were shot.
alot of things have changed now,I live in the south of France and daily drive a ford transit lol. I always like to keep my eye on the prices of my cherished motors and after seeing the prices of escort rs turbos go through the roof (I sold mine in 09 for £550 😣 it got me to thinking of the trusty classic that you can still buy for not alot of money!
here in france they are called impreza gt turbo and are basically a turbo 2000 and they cost 7000 euros minimum,French car prices are crazy.
so I am thinking about buying another classic this year from the uk and bringing it here,not a type-r unless funds magically change but a decent shell example for £3500 ish. Sorting out any body issues and rust and then underseal etc for the future as rust doesn't really exist here so it will never be an issue again 😆
engine wise nothing serious , would like 300+bhp and know the necessary mods to achieve that. It needs to look stock as modifying here is frowned upon but il get an alKatec or the like and have a (standard) map and mid and high boost map so I'm hoping if it looks pretty much oem I can maybe get the mot passed. Sure some of you may from upon this I guess.
basically I want a solid enough impreza I can work on and make nice and clean with a few subtle mods that I can keep for 5 or ten years and maybe see a nice return on if I ever decide to sell it.
I know loads of u guys will know what I mean about selling cars that are worth small fortunes today for peanuts back in the day and for me (I've been thinking it for the last three years that the impreza will go up in the near future) now is the time to buy.
what do you guys think?
also another issue I'd have to have it mapped to run 98 or 95 as 99 doesn't exist although I can get e85 locally 😎
sorry for the long post
cheers jme-rst
(warning possible long post)
not been on the forum for a fair few years now,used to have a 316 bhp classic, had to break it though as the rear arches were shot.
alot of things have changed now,I live in the south of France and daily drive a ford transit lol. I always like to keep my eye on the prices of my cherished motors and after seeing the prices of escort rs turbos go through the roof (I sold mine in 09 for £550 😣 it got me to thinking of the trusty classic that you can still buy for not alot of money!
here in france they are called impreza gt turbo and are basically a turbo 2000 and they cost 7000 euros minimum,French car prices are crazy.
so I am thinking about buying another classic this year from the uk and bringing it here,not a type-r unless funds magically change but a decent shell example for £3500 ish. Sorting out any body issues and rust and then underseal etc for the future as rust doesn't really exist here so it will never be an issue again 😆
engine wise nothing serious , would like 300+bhp and know the necessary mods to achieve that. It needs to look stock as modifying here is frowned upon but il get an alKatec or the like and have a (standard) map and mid and high boost map so I'm hoping if it looks pretty much oem I can maybe get the mot passed. Sure some of you may from upon this I guess.
basically I want a solid enough impreza I can work on and make nice and clean with a few subtle mods that I can keep for 5 or ten years and maybe see a nice return on if I ever decide to sell it.
I know loads of u guys will know what I mean about selling cars that are worth small fortunes today for peanuts back in the day and for me (I've been thinking it for the last three years that the impreza will go up in the near future) now is the time to buy.
what do you guys think?
also another issue I'd have to have it mapped to run 98 or 95 as 99 doesn't exist although I can get e85 locally 😎
sorry for the long post
cheers jme-rst
#5
Scooby Regular
iTrader: (3)
Personally I don't think that subaru prices will climb to the heights of performance Ford and VW. Limited editions (type R, P1 etc) will always command a premium due to their scareness.
However I do think that as imprezas become rarer they will hold their value, particularly for good condition, original specimens. There will always be a market for a reliable performance classic, especially one as involving to drive as an impreza, as contemporary cars get less driver focused.
So, in short. I don't think you'll lose money on a good classic, as long as you keep it original and treat the rust.
But I don't think it'll appreciate like a RS or cosworth ford.
However I do think that as imprezas become rarer they will hold their value, particularly for good condition, original specimens. There will always be a market for a reliable performance classic, especially one as involving to drive as an impreza, as contemporary cars get less driver focused.
So, in short. I don't think you'll lose money on a good classic, as long as you keep it original and treat the rust.
But I don't think it'll appreciate like a RS or cosworth ford.
#6
Unfortunately I don't think they will go up as much as everyone expects. The 25 year rule in the US may play a part (look at the r32 skyline prices since they were available to export) but not as much as everyone thinks it will. A good, clean p1 or type r will always be worth money to the right person, but it's finding that person.
#7
Scooby Regular
Trending Topics
#8
Scooby Regular
iTrader: (8)
Unfortunately I don't think they will go up as much as everyone expects. The 25 year rule in the US may play a part (look at the r32 skyline prices since they were available to export) but not as much as everyone thinks it will. A good, clean p1 or type r will always be worth money to the right person, but it's finding that person.
#9
Scooby Regular
Tough call to make really. I bought my Red TME 2 years ago before the rise of prices, I sold it and made 17k profit, very lucky in deed. I also bought a 13k miles 22B from Ian Litchfiled in 2003 and sold it for 30k which was decent money back then, ok it’s all relative but I wish I had a crystal ball, lol.
For me now having bought my RA it’s just about enjoying the car and finding what is a rot free example, I’m over the moon with it and I’ll keep on enjoying it, if it’s value rises then cracking, if not hey ho, I didn’t buy it for investment purposes.
Edit to say,
Don’t even mention the Cosworths I’ve owned and E30 EVO SPORT M3s. Lol
For me now having bought my RA it’s just about enjoying the car and finding what is a rot free example, I’m over the moon with it and I’ll keep on enjoying it, if it’s value rises then cracking, if not hey ho, I didn’t buy it for investment purposes.
Edit to say,
Don’t even mention the Cosworths I’ve owned and E30 EVO SPORT M3s. Lol
Last edited by Pete; 17 May 2018 at 07:24 PM.
#12
Scooby Regular
iTrader: (1)
You're only really going to make money if you buy a very low mileage, original car and then lock it away for 10-20 years. If you actually want to drive then you are going to put miles on it and ultimately there will be a compromise on originality.
However, buying a Scoob and not driving it seems daft and I'm sure there are better ways of investing 5 figures over the next 20 years.
You'd probably not lose any money and will likely make a small return if you used the car but I would classify one as a "good future investment" - simply too many in circulation.
However, buying a Scoob and not driving it seems daft and I'm sure there are better ways of investing 5 figures over the next 20 years.
You'd probably not lose any money and will likely make a small return if you used the car but I would classify one as a "good future investment" - simply too many in circulation.
#16
Scooby Regular
iTrader: (8)
The P1 is popular here because it was UK supplied and is therefore ‘less risky’ than the 2 door imports for those people not clued up about parts supply.
Thread
Thread Starter
Forum
Replies
Last Post
Trout
Non Scooby Related
3
12 February 2011 10:47 AM
flat4
Member's Gallery
42
22 February 2006 04:25 PM