The missus and I have been contemplating whether to change the cars for 2016, which lead us to look at what options there are for us to consider...
After a number of years of taking hard hits on residual value (read losing £15k on a SLK, £20k on a Z4, £20k on X5) my head will never allow me to buy something 'normal' which will 'obviously' take a hit year on year. So, in reality this leaves a relatively small number of cars that you could buy and realistically predict small depreciation, or even better, slight appreciation over a short term (we did ok with the CSL and V8V). However, I'm absolutely no market expert in this field, but a few cars stick out to me as potential 'undervalued' buys for 2016....
1) Aston Martin DBS @ £75k (has been in 3 bond films, which must keep its future value high) *I love Aston's and had a DBS for a short time via work.
2) Ferrari 458 @ £100k
3) Porsche 997 GT3 @ £75k
My goal would be to run one of these cars for 2 years, then sell on for similar or close to what I paid for it...does that sound like a ridiculously huge gamble or would a rise in interest rates later this year absolutely smash the balls out of the used performance car market??? I appreciate the running costs of these will all be high, but probably just a little more than a combined Z4MC and TTRS outlay we currently have.
If we didn't go for this route, I guess we end up with a 'normal' 911/R8 at £45-£50k, which whilst lovely would only continue to shed money....
Any opinions/thoughts appreciated...
After a number of years of taking hard hits on residual value (read losing £15k on a SLK, £20k on a Z4, £20k on X5) my head will never allow me to buy something 'normal' which will 'obviously' take a hit year on year. So, in reality this leaves a relatively small number of cars that you could buy and realistically predict small depreciation, or even better, slight appreciation over a short term (we did ok with the CSL and V8V). However, I'm absolutely no market expert in this field, but a few cars stick out to me as potential 'undervalued' buys for 2016....
1) Aston Martin DBS @ £75k (has been in 3 bond films, which must keep its future value high) *I love Aston's and had a DBS for a short time via work.
2) Ferrari 458 @ £100k
3) Porsche 997 GT3 @ £75k
My goal would be to run one of these cars for 2 years, then sell on for similar or close to what I paid for it...does that sound like a ridiculously huge gamble or would a rise in interest rates later this year absolutely smash the balls out of the used performance car market??? I appreciate the running costs of these will all be high, but probably just a little more than a combined Z4MC and TTRS outlay we currently have.
If we didn't go for this route, I guess we end up with a 'normal' 911/R8 at £45-£50k, which whilst lovely would only continue to shed money....
Any opinions/thoughts appreciated...