These classic cars will pay for themselves

Because sometimes you just want to know that a car isn't going to bleed you dry.

2y ago
34.4K

I’ve been thinking about buying a classic car for a while and a lot of research has gone into the cars that I can afford and the cars that I can’t but alongside the grunt and raw driving joy of a classic, I wouldn’t mind a return on investment.

Without a doubt that is the most adult sentence I’ve ever written. Gone are the days where I’d dream of chucking cash at an expensive muscle car, I’m now thinking of the future. Let’s face it, no one really enjoys a car that’s a complete money drain.

Porsche 944

In 2015, it was pretty easy to find a decent 944 under £8,000 in the UK. Now, you’re looking at the £10,000-£15,000 mark for a decent example of one of these cars. This shows the popularity of these eighties Porsches and it’s likely we’ll see a steady rise in prices for a little while longer.

If a 944 is out of your price range, look at the 924. It’s only marginally cheaper but just as popular and still steadily increasing in price.

Jaguar E-Type

The E-type is many people’s favourite classic and it’s easy to see why with those beautiful lines and iconic profile.

These vary massively in price depending on the age, specs and condition. A top-condition E-type was worth about £70,000 in 2013 but many decent examples are now pushing £100,000. Because of the iconic nature of this car, prices will continue to rise.

Jaguar MKII

A slightly more affordable Jaguar is the MKII. In 2013, these were selling for around £20,000 but are now around the £30,000 price point. Even if you don’t want to buy a car to sell on for a profit in a few years, these make great wedding cars. A Jaguar MKII on the classic car hire site www.BookAclassic.co.uk can make back some of its value through wedding, TV and film bookings.

Aston Martin DB5 Sport Saloon

Via Classic Driver

Via Classic Driver

Another iconic car that just keeps going up in value. In 2011, you could get one of these beautiful cars for £140,000, they’re now worth many hundreds of thousands. That’s a ridiculous return on investment in just seven years.

Triumph Stag

Via the Stag Owners Club

Via the Stag Owners Club

American Muscle car looks with British heritage. These are still very affordable at around £18,000-£22,000 but in 2011 you could’ve picked one up for around £5,000. It’d be wise to jump on this bandwagon now before the price increases any further.

BMW E46 M3

Via Silverstone Auctions

Via Silverstone Auctions

While not a classic yet, this is a good investment for the future and a fun car for the present. The prices range hugely from around £10,000 up past £20,000. Buying now is probably a good choice, especially if you can find one with low mileage that will stand the test of time. I have to say, I'm very tempted!

What classic cars do you think are a good investment and what future classics would you bet on?

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Comments (38)

  • Bmw 850i is the one you should buy!

      2 years ago
  • I loved my 944. It was fun to drive, had enough power. There was nothing wrong with that little car

      2 years ago
  • For me the Fiat coupe 20v turbo is a future classics, get one in a non metallic finish to make it stand out that bit more.

      2 years ago
  • One of the best buys at the moment are the 308/328 Ferraris. I've owned a 328 for 5 years, and have been offered 3 times my purchase price already. And the sleeper is undoubtedly the Ferrari 348.. The last Analog Ferrari, the last Ferrari with Input from Enzo, Testarossa looks, and possibly the most reliable Ferrari ever. Definitely under-valued presently, but slowly appreciating. Interesting note : They only made 76 RHD Spiders, I believe. And a buying tip : Look for a 94 model, they have a lot of the updates that went into the 355.

      2 years ago
    • Thank you for your input, Dave. I have to admit, my knowledge of Ferraris is lacking somewhat. Great information.

        2 years ago
  • Delta integrali and 911 turbo are the best investments

      2 years ago
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