Just canvassing opinions on whether to sell or take off the road for a couple of year's to keep miles off and see where values go while I lease something. It's an e86 with 96k, probably worth around 8k at the mo, had it 3 years and just fancy something different and more practical but don't want to sell if it will go up in value... What would you do??
Sell or store??
- Thread starter JimBob78
- Start date
Really can't see it rising in value but (assuming its a well specced & well sorted example) if it is possible to store it will save you the hassle of finding another one down the line :wink: there really is little else out there in the category that still retains the kudos , looks & performance for the buy in price & imo relatively cheap to run too
If you don't need the money, keep it. If you ever need the £s it's there to sell and may well have increased. That's my philosophy with mine.
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Anonymous
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Keep it, lots of fun for the money. It"ll never be a biggie as regards investment but still fun all day long. I looked at selling my e85 3.0i but the offers were like s**t so it was either keep it as extra or split it or give to the kids, I"m still driving it as a daily. 
sticky said:Keep it, lots of fun for the money. It"ll never be a biggie as regards investment but still fun all day long. I looked at selling my e85 3.0i but the offers were like s**t so it was either keep it as extra or split it or give to the kids, I"m still driving it as a daily.
Never say never as to being a biggie investment.
Not long sold my mk2 RS2000 for £26+ and a standard 2 door MK1 for over £10K. These were bought in the early 90s for hundreds not thousands.
Worth storing imo.
sticky said:Keep it, lots of fun for the money. It"ll never be a biggie as regards investment but still fun all day long. I looked at selling my e85 3.0i but the offers were like s**t so it was either keep it as extra or split it or give to the kids, I"m still driving it as a daily.
Never say never as to being a biggie investment.
Not long sold my mk2 RS2000 for £26+ and a standard 2 door MK1 for over £10K. These were bought in the early 90s for hundreds not thousands.
Worth storing imo.
Anmarube said:sticky said:Keep it, lots of fun for the money. It"ll never be a biggie as regards investment but still fun all day long. I looked at selling my e85 3.0i but the offers were like s**t so it was either keep it as extra or split it or give to the kids, I"m still driving it as a daily.
Never say never as to being a biggie investment.
Not long sold my mk2 RS2000 for £26+ and a standard 2 door MK1 for over £10K. These were bought in the early 90s for hundreds not thousands.
Worth storing imo.
There ya go. Special but WOW!
Anmarube said:sticky said:Keep it, lots of fun for the money. It"ll never be a biggie as regards investment but still fun all day long. I looked at selling my e85 3.0i but the offers were like s**t so it was either keep it as extra or split it or give to the kids, I"m still driving it as a daily.
Never say never as to being a biggie investment.
Not long sold my mk2 RS2000 for £26+ and a standard 2 door MK1 for over £10K. These were bought in the early 90s for hundreds not thousands.
Worth storing imo.
Aaaah I remeber my older brothers mk2 well, looked quite nice until we decieded to paint it yellow with a mixture of house paint and metal fence paint
markalp said:Anmarube said:sticky said:Keep it, lots of fun for the money. It"ll never be a biggie as regards investment but still fun all day long. I looked at selling my e85 3.0i but the offers were like s**t so it was either keep it as extra or split it or give to the kids, I"m still driving it as a daily.
Never say never as to being a biggie investment.
Not long sold my mk2 RS2000 for £26+ and a standard 2 door MK1 for over £10K. These were bought in the early 90s for hundreds not thousands.
Worth storing imo.
Aaaah I remeber my older brothers mk2 well, looked quite nice until we decieded to paint it yellow with a mixture of house paint and metal fence paint
Looked great from hundred yards..... I think its unlikely to increase in value in the next few years, just keep depreciating. However if you could keep it longer term, say 10 years you only have to look at how Z3 value are going to see what might happen. That said its a big risk and certainly no guarantee and my personal opinion is the whole classic/older car market is currently massively overvalued and on the turn.
Thanks for the input guys, i don't want to sell really as it just feels special, but I dont really want the cost of storing and insuring a car if it's just gonna lose more value. If it cost me nothing then would be a no brainer but just doesn't add up financially...
Knowing my luck I'll sell it and it'll double in value in 2 years!
Knowing my luck I'll sell it and it'll double in value in 2 years!
Courageous
Member
Take a look at the global position right now with Trump making friends in N Korea and Iran. Nothing is worth holding onto right now if you ask me. Sorry to sound like the proverbial sooth sayer but if you don't really want to hang on let go and buy another later if you hit the mid life crisis. I could be wrong but I have no idea how the USA plans to reduce a 25 trillion dollar debt without shaking the tree planted in 1945. 
I have a 94K e86. I use it as my daily (3 miles each way). For the money I cannot think of a car that puts such a big smile on my face every day and still gets looks. I don't see it as an investment (the classic car market can be so fickle and the mileage already puts it into the 'leggy' category). I would say sell it to someone who will use it and either buy something different that takes your fancy or add some money to the pot and buy a sub 50k car to put into mothballs for investment purposes. My view is cars are there to be driven and if you make a few quid then brilliant, but don't hang on to a car for purely financial reasons, only keep it because you love driving it.
I would say sell it if the only reason you are going to keep it is because it may appreciate in value because while I don’t think it will depreciate I don’t think there will be any significant rise. Also if you are not going to drive it at all for 2 years there maybe certain mechanical issues which arise from the car being sat around for some time which will cost to put right.