Future classic cars that could put you in the driving seat financially
Automotive data company hpi has compiled a list of vehicles which it thinks could prove to be future classics.
Motoring expert Clive Wilson identifies ten cars that are relatively cheap to acquire, are holding their values and could potentially become future collectors’ items, representing a potentially good buy for people willing to make an investment.
hpi’s future classics list and current value ranges:
Westfield £6000 -£15000
Vauxhall VX 220 £9000 - £13000
Peugeot 205 GTi £4000 - £9000
Audi TT MKI 3.2 £3000 - £6000
BMW Z3 £1500 -£6000
Citroen C6 £4000 - £8000
Rover Mini £3000 - £8000
Alfa Romeo GTV £1000 -£6000
Nissan Cube £2000 - £5000
Mazda RX8 £500 - £3000
Clive Wilson commented: “Classic cars have shot up in value over the last few years and in many cases represent a great investment opportunity.
“Classics in particular are snapped up by collectors and enthusiasts, so prices are constantly on the rise. The trick is how best to spot trends before they take place and maybe even try to redefine what is actually recognised as a classic. Future classics don’t necessarily have to be decades old, luxurious or expensive to begin with. Values of the Vauxhall VX 220 and Westfield sportscar have risen consistently over the past few years and worth keeping an eye on as we believe they will continue to rise in value.
“Whether it’s a particularly interesting or unusual design feature or has an element of engineering integrity behind it, picking up an affordable car now could potentially provide a healthy return on the original investment as it takes on classic status.”
hpi offers an online vehicle valuations service to give consumers the ability to buy and sell cars with utmost confidence offering them the inside view on the total cost of ownership of a vehicle during its lifespan along with precise depreciation figures.
The hpi valuations tool – available at www.hpi.co.uk- is aimed at consumers buying and selling cars in the used car market and minimises the risks that can see consumers paying over the odds or not getting the best-asking price.
The above constitute the sole opinion of [Clive Wilson] and does not represent the official views of hpi. The above does not constitute advice to buy or sell motor vehicles or related assets nor investment advice and should not be relied on as such. Buyers/Sellers should always conduct their own due diligence and evaluations before entering into transactions.