Future classics - anyone kicking themselves already?

[chriswt]

What is everyone’s idea of the next future classics that is cheap(ish) now but will make good money in 10 - 20 years time.

I’ve been reading a bit about the 365 Daytona in a couple of Classic car mags and they seem to have gone up significantly in the last 5 years and making some owners tens of thousands in the process. I know property is the best investment but I can’t see it continuing to rise at the level it has done in the last 20 years otherwise my 3 bed semi will be worth over £1 million in the not to distant future!!!

If I had £100k or so I’d probably buy a Daytona because I’m sure they will continue to appreciate like the 250GT and GTO have done (may be not as much as the latter).

However, are there any cheaper cars out there that will almost certainly appreciate in the future, and better (or worse) still has anyone bought or sold a car only to see it go up significantly in value?

 

[Dieselman]

Cars are fickle things as far as investment goes. When the economy is good they go up and when it's not so good they go down. In addition we are going to see a shift towards more environmental vehicles which may have a negative effect of less environmentally sound cars.

Property prices go up because of demand. People have to live somewhere, and there just aren't enough dwellings to go round so prices continue to rise.

Whether they will or not is another issue but the demand is still there.

 

[GRAV888]

Cars I have owned and wish I had kept:

Avenger Tiger
Mk1 Escort Mexico x3 (still have 1 )
Various Mk1 Capri 3ltr E's and GXL's
VW Scirrocco Storm
MK2 Cortina 1600E
Mk1 Cortina 1500GT


Probably a few more, but can't think of them ATM.

 

[Ted]

Volkswagen Corrado VR6 has to be the one.

 

[Spinal]

Cars can be produced almost ad-infinatum (assuming you recycle the old materials)... land is more limited

Expect your house value to go up quite a bit if its anywhere near London - the Olimpics will give the property market a HUGE boost. We bought a large-ish flat soon before Turin was announced as the Winter Olympics city. After it was announced the value started going up; the house is now worth three times what we paid for it! and thats accounting for the fairly high raise in the RPI in Italy with the Euro!

Go with property I'de say! If not, the 300 pillarless which last time I checked was going for roughly 2k seems to be marked for classic status pretty soon... You could get 50 or so and shove them into a barn!
Michele

 

[C240Sport97]

the best thing to do is to buy the car you really want and love .. and not as an investment, as they rarely are.

 

[chriswt]

I'm lucky enough to own a few properties but there is only so much I can afford to keep going at once.

The idea of a future classic is probably more to do with justifying the purchase in the first place. However, I'd like to buy something that is likely to gain in value and/or become a sort after car.

You'd be amazed at the following the 406 coupe has already and as more and more vanish from the road I wouldn't be surprised if that become a sort after classic in manual V6 form.

 

[grober]

What is everyone’s idea of the next future classics that is cheap(ish) now but will make good money in 10 - 20 years time.
I’ve been reading a bit about the 365 Daytona in a couple of Classic car mags and they seem to have gone up significantly in the last 5 years and making some owners tens of thousands in the process.
If I had £100k or so I’d probably buy a Daytona because I’m sure they will continue to appreciate like the 250GT and GTO have done (may be not as much as the latter).
However, are there any cheaper cars out there that will almost certainly appreciate in the future, and better (or worse) still has anyone bought or sold a car only to see it go up significantly in value?

One thing to remember about the 250GT and GTO was that both models had a comprehensive successful competition history. They came from an era when road going sports coupes were viable in competition. Now "sports car racing" involves "racing PROTOTYPE " vehicles. The only equivalent vehicles are "fringe" road racing cars which are no long capably of outright race wins. On that basis I guess you are left with a Mclaren FI http://en.wikipedia.org/wiki/McLaren_F1 for example but on this criterion a Mercedes SLR is excluded from lack of competition history. They may be collectable for bespoke construction reasons however like a Veyron. Some of the competition Porsche 911S---GT2/GT3 also fit the competition bill. The common factor is that they are pretty exclusive cars and expensive when new and perhaps this bespoke/ exclusivity is the key to long term appreciation in value.

 

[Howard]

Sold my CRX VTEC 4 years ago for a grand ...

Just needed rid of it , as i had bought the merc ...

It was unmodified , needed a bit of paintwork , but not much ....

You try buying one now ( unmodded ) for under £2.5k .... going up all the time

Missed that car since the day i sold it .....

 

[Ian_C]

I loved my Peugeot 205 1.9 GTI in Miami Blue, it was great.

If I found one if good condition now I would get one, it's more the fun factor than the value.

Ian

 

[BlackC55]

Escort Cosworth,

RS 500

Series 1 RS turbo

 

[grober]

GOOD CHOICES Agree with your choice of Escort Cosworth from rallying history and RS 500 from saloon car racing .All the 3 door Cosworths are now collectable but ironically the 4 door sierra saloons were a better sorted car but somehow don't cut it??? too ordinary looking perhaps? Not so sure about the series 1 RS turbo tho ?? I would go mk2 Escort RS1600 ---MK1 ESCORT MEXICO/RS2000/TWIN CAM or the ultimate mk1 LOTUS Cortina. COMPETITION HISTORY AGAIN??

 

[Moose]

Cars I have owned and wish I had kept:

Avenger Tiger
Mk1 Escort Mexico x3 (still have 1 )
Various Mk1 Capri 3ltr E's and GXL's
VW Scirrocco Storm
MK2 Cortina 1600E
Mk1 Cortina 1500GT


Probably a few more, but can't think of them ATM.

Likewise!!
I had a Mk2 1600E and various Capris - MK1 3Ltr and GXL right up to 2.8i.
Still love 'em today.

Also had a few bikes that might be worth a few quid now:
Suzuki GT750 (Water cooled two stroke!)
Kawasaki S1C
Kawasaki Z1000 (The original one that superceded the Z900)

Ahh, memories...

 

[crockers]

I had a 1968 Mini Cooper S 1275 - changed the carbs from twin 1 1/2 SUs to 1 3/4 s - LCB exhaust - and lower ratio gears......it would leave most things 0-60 -- then my mate had a 997c Cooper S - can't understand why - but I couldnt see him for dust......

Now I see them and think .......... God I would hate to be hit driving one of those -- but deep down would love one back in the garage.:bannana:

 

[BlackC55]

Audi quattro,

Gordini R5

C43

 

[Dieselman]

Audi quattro,

A friend of mines Brother had an original LHD Quattro when they were new.

He used to use the performance and got stopped regularly but never ticketed.
All the Police wanted was to have a look at the car..

 

[lil.smartie]

Smart Roadster, esp the Brabus version. 2 seater sports car 700cc turbo engine & 50 + mpg.....

Practical Classics already think it too...

Kate

 

[Ted]

Suzuki GT750 (Water cooled two stroke!)
AKA the Kettle IIRC!
Kawasaki S1C
YES!
Kawasaki Z1000 (The original one that superceded the Z900)
The Z1 surely?!

Gordini R5
Ohhhh yes!!

 

[janner]

Smart Crossblade maybe?

In my youth I had two MK3 Escort RS1600is and a three year old MK1 RS Turbo. Good fun and although now collectable would not have been good investments.

 

[eurico]

I for one wouldn't buy any classic Ferrari as an investment. Good ones are sky high priced. Bad ones are an endless pit to sink money in. Everybody wants one so they are inflated and have reached their real value allready. I would look for a good classic Maserati because:
1) They are contemporary and Italian
2) Classic ones have as much pedigree
3) Better built than contemporary Ferrari
4) More usable as they are not racing cars for the street
5) People who can't get a Ferrari (because they are unavailable) are starting to look at Maserati.

When I have my act sorted out, I will be looking for a Ghibli. These cars have reviews that make them an icon of motor design. They are usefull and much more comfortable than a Daytona. Powerfull enough and have the looks to die for. You can get a very good one in the continent for around 80k euros. The downside regarding a Daytona is that it "only" has 8 cylinders and the rear axle is a live one - no independent rear suspension. Good thing is the engine is directly derived from the legendary 450s. They all come with A/C but you PAS was an option. You can have it with 4.7 litres - first version or the more sought after 4.9 SS model. Not big difference in performance.

Good luck on your buy