future classic

sparkychris

Hello!
Just wondered if there were any psychics amongst us that could advise on an old banger for me to buy, store in my garage for a few years and then sell for a small fortune!
In my youth I used to drive old bangers- escorts, minis, capris etc that I bought and sold for peanuts.... But if I had 'Barned' a couple, I'd be laughing right now!

So what can I buy for £300 today that would do me proud in twenty years?

Rolandtheroadie

Nothing.

I'd guess the ones that make real money are a bit special in the first place (2.8i or 3.0s rather than the 1.6 GL) and have lasted so long and are viable restoration projects because they were halfway decent when put in the barn/storage. (i.e not £300 at this time in life).

sparkychris

OK... Forget the £300 bit....
Can we speculate on a car bought today that would be worth more in 20 years than the same amount put in an isa...

Bollotom

Most of those cars the OP mentioned were reasonably easy to work on mechanically. But now you have to be a mechanic/electrician/electronics techie/hydraulics techie and have all the associated tools. I would buy a Capri or Cortina, Lada or Trabant and make sure it's top line and 'Barn' it for another thirty years. Failing that you can have my 2006 Focus C-Max for £5k. :cool:

agrinnall

If you could get a good one that hasn't been thrashed (and that's a pretty big if) then cars like early Imprezas and Evos will probably appreciate if looked after, but I'd expect them to cost a great deal more than £300.

Rolandtheroadie

I'm a rover fan, the 1985 sd1 and 1992 range rover I had over the past while (within 10-12 years) seem to do a lot more money nowadays than what I sold them for.

That aside, anything top spec. Wouldn't mind a Rover 75 V8, or an A8, they might be contenders.

I still think the money you would put into it just now would outweigh what it would be worth after 20 years in a barn.

forgotmyname

The problem is after 20 years in a barn it may need recomissioning or a throrough rebuild.
Add the cost of that to your valuation and even a 2% account may do better for your money.

Watch A car is reborn E Type. I think they spent about £80,000 restoring an E Type and sell it for £50,000

Bantex_2

Mk1 MX5 may appreciate over the years.

colino

Just about every car that has been through your hands will eventually gain value, simply by still being in existence or being excellent, or being so bad it is good. If Allagros are worth saving, eventually I'll be convinced a DeLorean was more than a raid on several manufacturers parts bins with a nonsense body on it.
I had a part share inn an E Type that we eventually agreed we were never going to fully restore and despite being a later, tatty V12, auto and coupe body, sold within hours. There's a bum for every seat.

TrickyWicky

I'm sure this will be controversial but a previous poster did say some cars that are so bad they're good...

Some older Renaults will be a good bet. People love french cars but they also hate them. They love them for comfort and gizmos but hate them for mechanical problems and the like.

If you can find a good one that most folks are fed up with (eg megane or the volvo powered and utterly reliable laguna) then you'll no doubt get it for peanuts simply due to the badge snobbery value. Give it 20 odd years though and people will remember them with a passion - especially the volvo powered lag and they'll be amazed to see one still in existence.

It also helps to have a large spare parts collection so buying one or two others and breaking them up for every last part before storing those with the car may also help. The last car I broke up I literally stripped EVERYTHING from it - sunroof, doors, wiring looms, lights, you name it i stripped it.

bigjl

I think the Clio 1.5dci in Silver with the 68bhp lump and aircon will be a future classic.

Can let you have first dibs.

Call it £4k for an appreciating classic.

Thougb in seriousness the Clio 182 in mk2 form has every chance of becoming sought after especially if it has the Cup Chassis as many get smashed up.

I have always fancied a Corrado VR6 myself but few good ones around.

One mans meal is another mans poison.

I still smart at the values of nice original 635CSi's.

Sold a lovely rust free example back in '92.

On the subject of the 90s a nice Scirocco Storm will likely increase in value. Not sure about the Scala version in White with white seats and a carb fed lump though.