Can any car purchase be considered an investment in terms of value growth?
2007-02-25 06:03:47 · 11 answers · asked by Alan M 1 in Cars & Transportation ➔ Buying & Selling
Not really.It depends Totally on CAR. In uk even if they become classic they dont make as much money as Classic American Muscle cars. SO if you wanna go for something i would suggest do your homework before buying the car. Remember its totally on Car
2007-02-25 06:08:42 · answer #1 · answered by Unknown Entity 3 · 1⤊ 0⤋
Be very careful the classic car market is very fickle ,dependent on supply and demand,do not look to make a killing i no a lot of people who have been stung.I suggest you buy the Which magazine or what car maybe even Classic cars all of which carry articles on future classics and are not agents for any specific make or dealership.I do not deal with 90s cars as yet but i have some insight into older makes and i can recommend as an investment,if you can get a hold of one a mark three cortina not many around now but if you have time and conviction to restore them they are becoming pricey.
2007-02-27 12:36:59 · answer #2 · answered by celtic 4 · 0⤊ 0⤋
If we are talking mid 1990's and up:
-1996 Chevy Impala SS
-1996 300zx turbo
-1997 Supra turbo
-1991+ MR2 turbo - poor mans Ferrari
-2002 Mini Cooper S - 1st year of production
-1995 Mazda RX7
-1991 Acura NSX - 1st year it came out
-1997 Plymouth Prowler - only a V6, so hurts value
-1992 GMC Typhoon/Syclone - very limited run
-1995 Mercedes C36
I am sure that there are more, and maybe some of the above do not really warrant any serious thought. I was thinking of cars that had something unique to offer and/or had hopped up motors and strong followings.
2007-02-25 07:29:52 · answer #3 · answered by XUSAAAgent 5 · 0⤊ 0⤋
The Toyota Supra is a discontinued classic. Look at the interest these cars are getting on Ebay. I think their value will go even higher. Probably any of the expensive high performance models .... with limited productions ..... will be a good investment, Only thing is ... they will only hold value if they are properly maintained .... and the cost of maintaining these cars will eat into the profits so ..... I would say buy a car you would enjoy driving ... maintain it 100% and ... if and when you want to sell ... you might realize a profit or at least get your investment back.
2007-02-25 06:19:24 · answer #4 · answered by burlingtony 2 · 0⤊ 0⤋
1996 Gran Sport corvette 6-speed
corvette's that have the LT-4 w/ 6-speed ZF tran(german built)
these were built for showroom stock racing
Ford GT(not mustang)
Saleen S281's and others
infiniti G35 with 6-speed and brembo brakes(nismo package)
TRD Tacoma's
Ford Lighting's
Supercharged Harley davidson trucks
SRT8's Both charger and 300's
my list is endless
2007-02-25 08:27:14 · answer #5 · answered by steven s 2 · 0⤊ 0⤋
yes definitely the best three Mercedes 190e cos worth evolution the escort cos worth Monte Carlo and the e36 BMW m3 evolution if you buy theses cars 5 years later you can sell for more.
2007-02-26 14:25:06 · answer #6 · answered by danny boy 3 · 0⤊ 0⤋
Acura NSX... I've seen 16 year old NSX going for $30K.... they were around $50K new I believe.
It should probably rise in value when the V8 400hp NSX arrives in the next couple of years.
2007-02-25 06:28:32 · answer #7 · answered by Anonymous · 0⤊ 1⤋
all my past cars were classics, only trouble was , when I bought them they were called old bangers !!! 20 years later they are all worth 20 times what I sold them for, it sucks.
2007-02-26 10:27:51 · answer #8 · answered by bigbro 2 · 0⤊ 0⤋
Renault avantime,smart roadster
2007-02-26 03:44:18 · answer #9 · answered by smithy 2 · 0⤊ 0⤋
here's a link on ebay motors where you can read reviews of them by ebay members
2007-02-25 07:43:29 · answer #10 · answered by mike m 4 · 0⤊ 0⤋