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Author Topic: £28k car with fair RO original price  (Read 6130 times)

Offline Horatio

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Re: £28k car with substantial ROI
« Reply #30 on: November 11, 2014, 08:55:10 pm »
Friend of the family bought a CSL new, silly fast with equally silly service bills. The boot is made from cardboard and the windscreen glass is silly thin. The active suspension is scary, car pushes and stiffens itself when you rock the car  :scared:
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Offline GTI5

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Re: £28k car with substantial ROI
« Reply #31 on: November 11, 2014, 09:19:50 pm »
£28k car with substantial ROI...I doubt the two go together?
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Offline P3T3R

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Re: £28k car with substantial ROI
« Reply #32 on: November 11, 2014, 09:41:32 pm »
Not on the original list but for me it would be a classic mustang v8 not going to loose money and that sound  :laugh:

Offline SRC

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Re: £28k car with substantial ROI
« Reply #33 on: November 12, 2014, 07:42:08 am »


Shadow blue DSG 5 door with leather, sunroof, 18" Monzas, MFSW. 
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Offline Orc

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Re: £28k car with substantial ROI
« Reply #34 on: November 12, 2014, 07:46:16 am »
I know its a ford but escort cossie lux are only going up!!my votes def for a csl e46 tho only going up

Offline rdfcpete

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Re: £28k car with fair RO original price
« Reply #35 on: November 12, 2014, 12:39:17 pm »
Didn't think of the Cossie's, not a bad shout. Not really what I'd want to own for 12 months though.

Interesting how no-one's mentioned the RS3's, would the majority of you expect to lose more than £1-2k in a years ownership on the re-sale market value? Given that they're just in budget I was hoping that would get a shout if they're not due a price plummet  :mad:

I know you have to pick one that's not got a chocolate driveshaft too.
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Offline rdfcpete

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Re: £28k car with substantial ROI
« Reply #36 on: November 12, 2014, 12:41:38 pm »
£28k car with substantial ROI...I doubt the two go together?

Sorry fella I've probably slightly confused with the wrong phrase, it's more return on purchase price rather than ROI

i.e. it's likely to be worth 90% of it's market value at purchase, 12 months later. Those kinds of equations, not actually a car that will truly 'make' money as I agree, I doubt £30k+ is enough to really buy a car that appreciates. The obvious current example is a 1M and you'd need £40k for that to start with otherwise I'd have done a completely different thread  :happy2:
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Offline Baz300

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Re: £28k car with fair RO original price
« Reply #37 on: November 12, 2014, 04:47:40 pm »
It's hard to predict the future! You could buy a car today that seems to be holding its value well and the prices could suddenly drop over the next few months.

Remember a car isn't worth what someone is asking for it it's only worth what someone is willing to pay for it!  So you could be sat with £25k invested into a car and have to wait months until someone comes along that is willing to pay what you value the car at and in that time you could miss out out on a house that you've been saving up to get!

I would also guess that quite a high percentage of people buying £25k cars can't afford the car and would be buying from a dealer on finance, that would also narrow down the potential buyers.

I have been in the same situation for the last 6 months I wanted a car as an investment but couldn't decide what to get, even thought about a classic but anything could happen to that car in that time, it could have issues that I didn't spot when buying the car like rust etc

You could also buy a rs3 rs4 etc and some jealous **** comes along and vandalises your investment, it could be stolen or you could smash it! Or it could even need thousands spent on repair bills.

« Last Edit: November 12, 2014, 05:01:30 pm by Baz300 »

Offline rdfcpete

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Re: £28k car with fair RO original price
« Reply #38 on: November 12, 2014, 06:34:56 pm »
It's hard to predict the future! You could buy a car today that seems to be holding its value well and the prices could suddenly drop over the next few months.

That's the point of the thread, to get the ideas of the more certain marques on paper.

Remember a car isn't worth what someone is asking for it it's only worth what someone is willing to pay for it!  So you could be sat with £25k invested into a car and have to wait months until someone comes along that is willing to pay what you value the car at and in that time you could miss out out on a house that you've been saving up to get!

It's no problem as I won't be buying property the minute after, it's the perfect window to do exactly that - buy something a little less practical, especially with the A3 as the daily  :happy2:

You could also buy a rs3 rs4 etc and some jealous **** comes along and vandalises your investment, it could be stolen or you could smash it! Or it could even need thousands spent on repair bills.

...Risks are the same with any car aren't they chap, that's why we have insurance.
 The implications from that point of view are really not too different with a £1k jalopi or a £90k classic. The legal side is all taken care of belt and braces either way if you do things by the book so I'm not worried by that at all, I've also always had gap insurance (RTN to invoice) on anything I own  :happy2:

All the cars mentioned aren't from a flooded market either so re-sale shouldn't in theory be an issue here, particularly the limited run cars - it was to see where others would put their cash and what the ultimate list would be for said budget. A 1M would be fantastic but they really are out of my reach unfortunately.
« Last Edit: November 12, 2014, 06:36:30 pm by rdfcpete »
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Offline richtung

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Re: £28k car with fair RO original price
« Reply #39 on: November 13, 2014, 08:43:52 am »
I happen to know the Nigerian Finance Minister who is desperately trying to get out the country due to some sort of misfortune. He just so happens to be sitting on a huge lump of money that he would be most happy to split with you if you could fund his escape. The money would easily pay for your new house Pete!  :wink:

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Offline gobbleplease

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Re: £28k car with fair RO original price
« Reply #40 on: November 14, 2014, 09:53:02 pm »
You won't drive a car like a csl - the feeling in side the noise it makes when you are kicking its ass the feel of the wheel it's a proper GT3 experience, I don't care how fast your car is driving a csl is an experience !! Bits and bobs are getting hard to find on them now and if you damage any of the carbon fibre work you are looking at big bucks to put right if going OEM -  as with the box and subframe. Mine went !! - the only problem is if you did buy one you wouldn't sell it !! -
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