Quote:
Originally Posted by sthodgson
I do think the ship has sailed a little. I like quite a few “classic” cars and they are all becoming out of reach for a fun thing. To put it in context, I bought a lovey 1990 golf mk2 gti in 2007 for £1700. It wasn’t perfect but was totally original and had no major issues. Today? Probably 5k up. I sold it for about the same as I bought it for in 2009 due to expanding family. The thing is, it would have cost more than that in maintenance over the years so it’s probably fair enough, but it’s not as if it will be maintenance free from now on, as countless ads seem to state. So much to go wrong.
I had a Skoda Rapid 136 1990 back in the day. Only about 17 left in existence and fetch quite good money. They were bargain basement when I bought it. Great car though - rwd, rear engine, very tail happy. The perfect family car, no?
Look at Volvo 200 series. Who would have thought???
Whether they actually sell for this I don’t know, but things have gone up.
Punting a grand on an old car is one thing, but when it gets into large numbers it gets a lot less appealing.
I think you can get lucky but it does take a vigilant sort that constantly monitors all possible outlets. I’m too busy for that at the moment.
If a nice 300 comes up I’ll be tempted, and would look forward going to an owners meet.
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Some good points there but with the Mk2 Golf, you have to maintain any car so the maintenance costs would have been similar whether you'd kept that (which would have appreciated in value) or bought something else and maintained that while its value dropped.
Don't know about anyone else but the Skoda Rapide - i can't drive them.
THe pedls are too close together and offset to the left and i end up twisting my spine trying to drive them.
Not bad little cars for what they are though and now as rare as Russian Doll poop. Although Czech made, it was part of the USSR i believe when Skodas of that age were made. Now of course they're built in Wolfsburg with the other Golfs.
The Volvo 200 is following the same pattern i've seen many cars follow over the decades - slowly devalue from about 10 years old to the point they can't be given away then suddenly the price starts creeping up, slowly at first then in leaps and bounds, sometimes with a downward leap but usually back up after.
Look at the historic values of the Jaguar XJ6 Series I/II/III and the XJ40 then the X300 series. The latter is probably at the bottom of its value now so is likely to go up. Likewise the Rover SD1, Ford Granada and many others from the late 70s/early 80s.
They have all followed this pattern at some point and for some reason now, most cars pre-2000 are on the up, maybe because people are finally realising that post-2000 cars won't last or maybe because they're not working due to the Kung Flu and can't afford £3-400 on PCP payments every month so want something reliable that can be serviced easily and cheaply so it keeps going.