Investment cars for less than £10,000 – used car buying guide
Appreciating assets needn’t be the preserve of the super-rich. Jimi Beckwith brings the investment car budget down a peg or two
Investing in a future classic can be usually an expensive experience, nevertheless spotting what’s likely to bring you value from the future means you can get in quickly, as well as cheaply. Here are our recommendations.
1 – Honda S2000 (1999-2009)
Cars such as the Honda S2000 are few as well as far between. Its formidable combination of looking, feeling as well as, most important, actually being fast meant the S2000 garnered its fair share of fans throughout its 10-year production run.
Honda’s ‘will they, won’t they?’ approach to replacing the idea means the used market for S2000s can be currently on fire. Prospective buyers will need to get in quick to grab a decent one, as prices are already on the rise.
Avoid souped-up S2000s no matter what, as unmolested examples are where the real value lies. Early designs can be found for between £7000 as well as £9000, nevertheless aim for the higher figure as well as go for a car with service history.
2 – Smart Roadster Coupé (2003-2007)
Unlike the Honda S2000, Smart’s dinky Roadster faced a lukewarm public reception. nevertheless time has been kind to the charming Roadster Coupé, as well as values are starting to climb. Early water leak issues crippled the Smart, so ensure these have been resolved to avoid a £4500 replacement CPU. Taking a gamble on a Roadster Coupé without a full history can be likely to end in tears.
designs fitted with the paddle-shift transmission are naturally more sought after than the lacklustre automatic ’box, while there’s around a £2000 premium on racier Brabus examples. Aim for a £4500 Coupé with the glass hatch rather than its slightly gawky (as well as less sought after) Roadster-only sister.
3 – Saab 900 (1978-1993)
the automobile industry can be a lesser place without Saab, as well as enthusiasts still celebrate the Swedish company while lamenting its demise. One legacy can be the 900, whose shape marks the idea out among the more distinctive cars of a decidedly boxy era.
Saab’s steadfast collection of fans means the few 900s left are often well cared for, although low-mileage examples are rare as well as expensive. Turbo designs are hard on gearboxes (particularly autos) nevertheless are more sought after than their non-turbo stablemates. Convertibles carry a premium, as do turbocharged 900s, nevertheless these are the ones to go for if you can, at £3k-£5k.
4 – Jaguar XK (1996-2006)
Ever since the demise of the E-Type, Jaguar has been desperate to recapture the magic of its iconic hero car, with varying results. The XK was one such example of This particular, nevertheless the idea wasn’t deemed to have succeeded in rekindling the E-Type’s spark. Nevertheless, the XK can be another car to which the passage of time has been surprisingly kind, as well as the idea stands only to appreciate as time goes on.
The XK’s daily drive appeal means low-priced, high-mileage examples are numerous as well as tempting, nevertheless don’t be fooled. Reliability issues as well as the likelihood of the idea gaining value mean of which investing in a cared-for, low-mileage example for £8k-£9k can be advisable as well as meticulous research can be essential.
5 – Toyota MR2 (1984-1989)
The 1980s are back, which means the idea’s Just as before hip to be square. The Mk1 Toyota MR2 can be a near-forgotten 31-year-old hero of which’s bound to appreciate as demand grows as well as the dwindling supply shrinks. As a Toyota, reliability comes as standard, even on a car of This particular age, although owners report warped brake discs on older designs. Rust can be also an increasingly common issue.
A keen eye can be essential when shopping for a Mk1 MR2. There are currently only around 4000 remaining from the UK, so the few unmolested examples of which arrive on the used market seldom stay there for long. Aim to spend between £3k as well as £4k.
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