What car to buy for an investment
03-03-2009, 05:13 PM
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What car to buy for an investment
as title, what car would you get?
say £10k
Focus RS
3 door
saff
03-03-2009, 05:16 PM
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3rd moonstone or white or if you can strech your budget a little more then this would be my choice mate
http://www.pistonheads.com/sales/908811.htm
03-03-2009, 05:20 PM
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No price, adverts scare me with no price lol
03-03-2009, 05:25 PM
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Quote:
No price, adverts scare me with no price lol
me to mate
don`t they say if you need to ask then you can`t afford it
03-03-2009, 05:25 PM
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03-03-2009, 05:26 PM
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3 door cosworth or a mk1/2 escort
03-03-2009, 05:29 PM
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Buy mine and sell the RS 500 bits off it
03-03-2009, 05:33 PM
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Quote:
No price, adverts scare me with no price lol
lets say you would need another 100k with u 10k
03-03-2009, 05:34 PM
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oh rite, its only an extra 0, lol
03-03-2009, 05:35 PM
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10k would bag my Ka for sure and it will be worth a fortune in 20 years time I promise
03-03-2009, 05:36 PM
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03-03-2009, 05:42 PM
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Oh absolutely.... Paypal ok?
03-03-2009, 05:43 PM
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If you mean buy as an investment to sell in maybe a year or so time & make some ££££ then i wouldnt suggest the FRS tbh - a lot are going sub £10k now anyway & will only get cheaper over the next 12 months
03-03-2009, 05:45 PM
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don't have paypal, damn. was really intrested aswell lol oh well my loss
03-03-2009, 05:47 PM
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Alex, i thought Focus rs but keep it for my years for my kids mebby
03-03-2009, 06:21 PM
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mk1 or 2 escort
03-03-2009, 06:41 PM
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mk2 escort or an escort cosworth id say
03-03-2009, 06:45 PM
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03-03-2009, 07:02 PM
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i don't think that you will get any car as an investment for just £10k, i.e. one that appreciates in value more than the rate of inflation
03-03-2009, 07:08 PM
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a good clean 2wd sapphire
03-03-2009, 07:20 PM
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personly dont think that buying any ford for that sort of money is an investment unles you are going to buy a shitter and put work in to restore it.
03-03-2009, 07:24 PM
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I would go for something that is already tried and tested as a classic, and something that you can get in:
Good or top condition original condition
lots of paperwork
sort after model
so look at cars that are picked up with the above and around your budget.
In these times people will be getting the need to sell up their toys due to cash trouble, so look out for the bargains and be quick with the cash.
If you grab the above at a bargain price then you are ahead of the game and have something that will retain value.
I have seen two cars go in the last week at way under what they are worth, and one sold within hours and the other around two days - so you need to be fast on your feet.
03-03-2009, 07:25 PM
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forgot to mention u will have a nice bit of change as well with buyng a sapp!
04-03-2009, 12:16 PM
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Cars + Investments + £10k = Fail
04-03-2009, 12:19 PM
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buy my m3 I'm selling
It's a limited edition only going to go up in value
04-03-2009, 12:24 PM
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A concours original low mileage rs1600i
will only go up
However, buying a car purely as an investment might not be that canny an idea
04-03-2009, 12:26 PM
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it wont be an investment for 10k at best it wont depreciate.
is this something you will use or just leave in the garage for 10 years?
04-03-2009, 12:33 PM
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60s mini cooper maybe
As above though, if you plan on actually using whatever you buy then pretty much forget about it as an investment really
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