by "Vlad_the_impaler" (Vlad_the_impaler)
Published 05/08/2017 at 14:08
by "Vlad_the_impaler" (Vlad_the_impaler)
Published 05/08/2017 at 14:08
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STARS: 1
What car would you buy for 55k euros tops? I am just thinking about it as a possible future investment with a side benefit of driving and enjoying it. Mind you the taxes here are really high for anything over 3.0 litres but if the cars is 30 years or older then it can be registered as a classic and there is no tax. I’ve searched for Mercedes,Porsche,Nissan R34 ( two friends have them but GTT and i was thinking maybe i can find a GTR) and may more.
"Smallbear wants a modern Syclone, local Maple Leafs spammer" (smallbear94)
05/08/2017 at 14:10, STARS: 8
Cars are stupid investments unless you’re loaded, even then there are better things you could do with that money.
Basically instead of “go big or go home” it’s “if you can’t go big go home”.
"jimz" (jimz)
05/08/2017 at 14:14, STARS: 3
no car is an investment if it’s one you plan on actually driving, sadly.
"djmt1" (djmt1)
05/08/2017 at 14:15, STARS: 1
R34 GTR. People have already started hoarding the damn things in prep for when the Yanks can get them.
"Twingo Tamer - About to descend into project car hell." (oppisitelock)
05/08/2017 at 14:18, STARS: 0
A bone stock perfect r34 gtr would be the smart bet, prices have shot up and they will again once murica can get them.
"Honeybunchesofgoats" (honeybunche0fgoats)
05/08/2017 at 14:19, STARS: 2
Have to agree. There’s basically nothing you could buy for €55k that would give a better return than just investing it. Especially if you ever plan on driving it.
Maybe if you bought a complete wreck on the cheap and restored it, but otherwise I don’t see it.
"My citroen won't start" (lucasboechat)
05/08/2017 at 14:20, STARS: 0
Sure, find a cheap 928, 968, classic 911.
Pretty much any Ferrari for that price.
"gawdzillla" (gawdzillla)
05/08/2017 at 14:20, STARS: 0
investment ? 911 / NSX ... maybe FD Rx-7, but depends on how long you are willing to let it sit
"crowmolly" (crowmolly)
05/08/2017 at 14:20, STARS: 3
complete wreck on the cheap and restored it,
Emphasis mine. Restored, not backyard cleaned-up or modified.
"TheBloody, Oppositelock lives on in our shitposts." (thebloody)
05/08/2017 at 14:23, STARS: 3
Even then you’re probably only going to break even best case scenario.
"FSI - alcohol enthusiast with a car problem" (fuelstratifiedinjection)
05/08/2017 at 14:25, STARS: 0
Aircooled Porsches, E46 M3 maybe, FD RX7, Mk4 Supra or NSX in lhd spec, R34 GTR. All unmolested originals of course.
But like the others have stated, it’s a rather stupid investment imo.
"Dwhite - Powered by Caffeine, Daft Punk, and Corgis" (Dwhite95)
05/08/2017 at 14:26, STARS: 1
Something to consider, if you go the route of a newer car, if it’s iconic the market will skyrocket when it becomes US legal.
Your mention of the R34 GTR made me think of that. Something to consider.
For older cars it’s tough, you are gonna want to find something that hasn’t already seen it’s major climbs. Which locks out things like 911's and E-Types. You would want something at the bottom of the depreciation curve which puts you looking in the 80's or early 90's. Tough time period, and a lot of the real good cars have already made the jump too, think E30.
The rarer the model or trim the more likely it will be valuable it when you sell it on.
Anyways, to cars, generally two doors is better than four with investments but I’m thinking the super sedans of that time. Idk for sure what they are selling for but maybe an original M5, Lotus Carlton, things along those lines may turn up good for you. If you can get a good deal the 90's Japanese super/sports cars are probably a decent bet. Maybe some of the original hot hatchbacks if they were real iconic.
Don’t take this as gospel though, just one guys opinion.
"crowmolly" (crowmolly)
05/08/2017 at 14:28, STARS: 1
This is the option that I was thinking makes the most sense. Right now you are ahead of the demand.
911s have already taken off so they are out.
"Klaus Schmoll" (klausschmoll)
05/08/2017 at 15:27, STARS: 0
A single car as an investment is a stupid idea. You will either have to store it hermetically sealed, and even then it will need work to get driven again, or you register, insure it and drive it every now and then. But that costs money as well.
Best case scenario is that you break even.
Best bet would be to diversify and buy/rent an old barn and stuff it with cars that are rock bottom now, but will appreciate. You might have to wait a few years, and these “barn finds” will need a lot of work after sitting for that time.
I would stuff mine with, E36/46s, AMG C-classes, first gen A8s, maybe E39s, and so on. Basically old Merc/Audi/BMW cars that can be had for sub €500 with minor flaws now but still move under their own steam.
"WilliamsSW" (williamssw)
05/08/2017 at 15:33, STARS: 0
I would suggest flipping that script. There are some cars out there that you could have a lot of fun driving, and perhaps if you got lucky, they might appreciate in value. There’s plenty listed below - the R34 GTR, E46 or E90 M3, E39 M5, and many more. But they require maintenance, repairs, insurance, storage, etc. - all of which you have to factor into the returns. On top of that, even if you do pick a winner, you need to pick the right time to sell, too. Cars seem to be boom/bust investments. If you make a lot of money on paper, then wait too long to sell, the market may crumble before you lock in the profit.
"RPM esq." (rpm3)
05/08/2017 at 16:18, STARS: 1
What if you’re not loaded, but are stupid?
Um, asking for a friend.
"Smallbear wants a modern Syclone, local Maple Leafs spammer" (smallbear94)
05/08/2017 at 16:19, STARS: 0
Buy pretty much anything you don’t absolutely need.
Yes we are a society of idiots.
"RPM esq." (rpm3)
05/08/2017 at 16:27, STARS: 0
Assuming you’re outside the U.S., anything quick* and produced in limited numbers that is old enough to have depreciated a lot but less than 25 years old, and even more so if it was never sold in the U.S. The day it turns 25 it’ll appreciate by leaps and bounds because the market for it will suddenly double as Americans with pent-up demand for hard-to-find or unobtainium models will start shopping worldwide. The Platonic ideal would be a 20-year-old rare special edition never sold in the U.S. of a reasonably sporty car already favored by enthusiasts.
*Exception: interesting off-road-capable vehicles can be tractor-slow and the rest of this still applies.
"RPM esq." (rpm3)
05/08/2017 at 16:30, STARS: 1
I’LL RACE YOU
"Smallbear wants a modern Syclone, local Maple Leafs spammer" (smallbear94)
05/08/2017 at 17:06, STARS: 0
I’m down
"duurtlang" (duurtlang)
05/09/2017 at 08:33, STARS: 1
Had I had the storage capacity and the disposable money I’d shove it full with cars at the bottom of their depreciation curve that have some enthusiast credentials.
Besides your Germans I’d add the Alfa 156, Citroen Saxo VTS, XM and Xantia Activa (and regular V6 and 2.0t), Ford Puma, Honda HR-V 2 door, Prelude and VTEC Civics, Lancia Thesis, Opel Astra G coupe, Omega 3.2 and whichever OPC you can find for peanuts, Peugeot 106 Ralley and GTi, 306 GTi (and convertible), 406 coupe and maybe 605, Renault Avantime, Twingo mk1, Vel Satis and the RS/Sport versions of the Clio and Megane, top versions of any Saab excluding the 9-5 with glasses, SEAT Cupra versions, Volvo anything RWD, C70, 480, maybe 850/V70 classic.