Quote:
Originally Posted by Laird Scooby
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. |
I've been somewhat lucky in that I'm 28 with no dependents etc (as of yet), however I know my situation could change in future if marriage and kids eventually come along! But I've bought cars and sold on some as a hobby, and have been lucky to acquire a few which I feel will either be rare or perhaps worth something in years to come. I'll go through my list of Volvos which I currently have and discuss what they cost me, in relation to what they're probably worth now:
360 GLE - £650 in 2019
340 - £Free in 2017 (but now needing a lot of work)
850 T-5 - £500 in 2014
850 T-5 - £350 in 2018
850 TDI - £300 part ex in 2018
440 GLT 2.0i - £100 in 2015 (but now needing work)
460 CD 2.0i - £Free in 2016 (but now needing work)
460 CD 2.0i Auto - £160 in 2018 (but needing an auto box)
440 TD - £Free in 2020
440 1.6i - £200 in 2021
V40 2.0 Sport Lux - £150 in 2019
I doubt the 400 series will be worth much, but they will be rare. My two T-5s I'm dead set on keeping as I can see these going for a fair bit in years to come. I do think the T-5Rs will be Sierra Cosworth money in a good few years.
It's all subjective though, as I doubt I'd sell mine. Volvos just get under your skin!
I was looking at Skoda Rapids last week in fact, would love a convertible. Have never seen one in the flesh never mind driven one though.