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Author Topic: Buying an investment classic.  (Read 14723 times)

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ianu

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Re: Buying an investment classic.
« Reply #60 on: 03 April 2016, 11:23:59 »

A collage of past and present  8)
If only I still had the 3 on the right - rust got them all in the end. the Saab was my first car to cross 200k miles. Neither the Rover or the MG made it close to 100k.
The Volvo's done 238k, the Omega 188k  :o - together they're probably worth less than any current knackered model of any of the other 3  :-\ - best hang onto them for 20 years then  ;D
I'd love the chance to own them again, just not realistic  :'(



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aaronjb

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Re: Buying an investment classic.
« Reply #61 on: 04 April 2016, 10:05:25 »

You've definitely missed the boat for M3s; early ones were always rare and expensive, E36s weren't rare and consequently suffered from the high I can just afford to buy it/can't drive it attrition rate like Cosworth Sierras. Later ones are much less special and are much less likely to be 'collectible.'

I really liked my E36 - if only I'd bought a manual not an SMG (because the SMG was dire!), it hadn't had a weeping diff seal and the interior hadn't seen better days it would have been a keeper ;D

The E46 had all the down sides of the E36 (crashy, harsh ride, SMGII not much better than SMG, the SMG pump shat itself, etc) and less of the character that made the E36 "cool".

E92 is just a really nice, big, mile muncher and seemed a lot less harsh, but I think I probably suit the E64 645ci better (more compliant ride, bigger, lardier .. like me) ;D
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Viral_Jim

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Re: Buying an investment classic.
« Reply #62 on: 04 April 2016, 12:21:01 »

In a similar vein (ish) to the M3/BMW, I've always thought an alpina B10 has future classic potential.

OK so this one is a little over budget at £13,750, but looks a cracker! Strikes me as 80% of the M5 with significantly less than 80% of the expense. Also it has a Proper Gearbox  :P

http://www.carandclassic.co.uk/car/C702549#
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Migv6 le Frog Fan

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Re: Buying an investment classic.
« Reply #63 on: 04 April 2016, 13:31:17 »

Im glad I started this thread. It has turned out to be very interesting indeed. It could end up rivalling the "what have you done" if it carries on long enough.  :)
I came close to buying an e38 740i on the bay of fleas this morning. Nice looking car, final bid ended well within what I would have paid, but when I tried to ask the seller a couple of questions ebay informed me that this seller doesn't respond to questions !
« Last Edit: 04 April 2016, 13:35:00 by Migv6 »
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ianu

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Re: Buying an investment classic.
« Reply #64 on: 04 April 2016, 13:32:03 »

In a similar vein (ish) to the M3/BMW, I've always thought an alpina B10 has future classic potential.

OK so this one is a little over budget at £13,750, but looks a cracker! Strikes me as 80% of the M5 with significantly less than 80% of the expense. Also it has a Proper Gearbox  :P

http://www.carandclassic.co.uk/car/C702549#

oooh - rare silver too  ::)
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Viral_Jim

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Re: Buying an investment classic.
« Reply #65 on: 04 April 2016, 14:56:05 »

In a similar vein (ish) to the M3/BMW, I've always thought an alpina B10 has future classic potential.

OK so this one is a little over budget at £13,750, but looks a cracker! Strikes me as 80% of the M5 with significantly less than 80% of the expense. Also it has a Proper Gearbox  :P

http://www.carandclassic.co.uk/car/C702549#

oooh - rare silver too  ::)

Considering only 221 B10 V8 were made in UK spec - yes, rare silver  :y
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2boxerdogs

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Re: Buying an investment classic.
« Reply #66 on: 04 April 2016, 15:27:59 »

Im glad I started this thread. It has turned out to be very interesting indeed. It could end up rivalling the "what have you done" if it carries on long enough.  :)
I came close to buying an e38 740i on the bay of fleas this morning. Nice looking car, final bid ended well within what I would have paid, but when I tried to ask the seller a couple of questions ebay informed me that this seller doesn't respond to questions !
.     



I've had similar treatment from sellers on the bay , one blocked me from bidding because I asked too many questions , I e-mailed them & told them where they could put the vehicle, may need some lubrication.
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dbug

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Re: Buying an investment classic.
« Reply #67 on: 09 April 2016, 16:33:12 »


Been looking to buy another Ferrari for a while as an investment/fine weather toy, and have just put in an offer for this one  http://www.ebay.co.uk/itm/FOR-SALE-Ferrari-360-Spider-F1-2003-/111914210252?hash=item1a0e9b53cc:g:pmAAAOSwe7BWzHrb - time will tell if he accepts my offer.

A very good choice Ferrari, they all no matter which model seem to appreciate in value, I know when I was looking for a V8 my budget was a mere £8,000 I looked at Monaros which had obviously been thrashed, but stumbled across the E430 which is truly immaculate, and remembered reading "buy the best example" which I did, so all I would say is keep all your options open ,there really are some wonderful vehicles out there some bargains can be had if you have the cash.Good luck with your search, incidentally my Mercedes was priced at £5995 I got it for £5250 & sold the mig for £750 so for £4500 I consider myself very lucky indeed.

Drove down to Hampshire last weekend to have a good look and a road test of the 360 Spider.  Have to say it looked and drove first rate, couldn't fault it.  Unfortunately not yet come to an agreement on price, stalemate, and not hopeful at the moment.
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2boxerdogs

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Re: Buying an investment classic.
« Reply #68 on: 09 April 2016, 17:53:33 »

That's a shame, don't want to pry but how far apart in cash are you ? Only there have been record prices going on  some  fairly non descript classics IE Ford Capri ,with a Ferrari different class altogether ,personally don't think you could lose.Hope you can work something out.
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Kevin Wood

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Re: Buying an investment classic.
« Reply #69 on: 10 April 2016, 15:53:56 »

I was helping a mate out working on his BMW 2002 yesterday. I had to keep reminding myself it was a 1970's car. So much better than the BL and French sh1te that I remember from that time. That might be one to watch.
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STEMO

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Re: Buying an investment classic.
« Reply #70 on: 10 April 2016, 15:56:49 »

Im glad I started this thread. It has turned out to be very interesting indeed. It could end up rivalling the "what have you done" if it carries on long enough.  :)
I came close to buying an e38 740i on the bay of fleas this morning. Nice looking car, final bid ended well within what I would have paid, but when I tried to ask the seller a couple of questions ebay informed me that this seller doesn't respond to questions !
Only another 822 pages to go.  ;D
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05omegav6

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Re: Buying an investment classic.
« Reply #71 on: 10 April 2016, 16:36:49 »

I was helping a mate out working on his BMW 2002 yesterday. I had to keep reminding myself it was a 1970's car. So much better than the BL and French sh1te that I remember from that time. That might be one to watch.
They were always popular with those that know... I suspect nice ones are pretty thin on the ground :-\
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Field Marshal Dr. Opti

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Re: Buying an investment classic.
« Reply #72 on: 10 April 2016, 16:47:46 »

I was helping a mate out working on his BMW 2002 yesterday. I had to keep reminding myself it was a 1970's car. So much better than the BL and French sh1te that I remember from that time. That might be one to watch.

2002..... :y

2002 tii... :y :y :y :y. 130 BHP back in the early seventies. Didn't weigh much either. :y
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Migv6 le Frog Fan

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Re: Buying an investment classic.
« Reply #73 on: 10 April 2016, 17:05:50 »

I had a drive in one of those in the late 70,s. It seemed leagues ahead of most other cars that were around at the time.
A decent one went for £17k at auction recently.

http://angliacarauctions.co.uk/en/classic-auctions/results/results-from-saturday-23-january-2016/1975-bmw-2002-tii/
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Migv6 le Frog Fan

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Re: Buying an investment classic.
« Reply #74 on: 10 April 2016, 17:06:38 »

Im glad I started this thread. It has turned out to be very interesting indeed. It could end up rivalling the "what have you done" if it carries on long enough.  :)
I came close to buying an e38 740i on the bay of fleas this morning. Nice looking car, final bid ended well within what I would have paid, but when I tried to ask the seller a couple of questions ebay informed me that this seller doesn't respond to questions !
Only another 822 pages to go.  ;D

You youngsters can be so impatient.  ;D
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