Cheap cars

Future Classic Cars: These Cheap Cars Because They Could Be Worth A FORTUNE, Experts Say

Future classic cars (Image: PH)

Classic cars can be considered a good investment, especially if they are rare or particularly desirable for some reason. Now, that might also be a good time to buy a classic car as prices are said to have climbed for the first time since the financial crash of 2010, experts report.

However, there is a perception that classic cars are expensive to buy in advance, especially those that will be worth a substantial amount of money in the future.

Experts have claimed, however, that the range of affordable cars is booming, with some available for as little as £ 2,000.

Mark Tongue, Director of Select Car Leasing, one of the UK’s leading car rental companies, explains: “The modern car market is radically different from what it was fifteen years ago.

“Government-led efforts to improve emissions have led to more and more scrapping programs, with many cars from the 80s, 90s and early 2000s being phased out in favor of more fuel-efficient vehicles.

“Car ownership as we know it is also changing, with a lot shifting from buying to leasing.

“This big change means that some cars from the early 2000s are already considered ‘classic’, due to the scale and speed with which the auto industry has changed.

“But there will always be nostalgia for anything ‘retro’. And even if you have a rental car as your daily driver, there is always room for a beloved classic in your driveway.

Audi TT

Audi TT (Photo: AUDI)

Here, the experts have selected their top 10 future classics, priced at just £ 2,000.

ALFA ROMEO 147 GTA (2004, £ 8,500)

Mark says: “Yes, the Italian styling on display in the Alfa 147 is breathtaking.

But the engine is just as impressive – a 250bhp 3.2-liter V6, allowing a 0-60mph time of just over six seconds. There have been around 5,000 sales of these products worldwide, which means they are already becoming an attractive rarity.

AUDI TT 3.2 V6 (2003, £ 3,500)

“The Audi TTs sold like hotcakes when they were first launched in 1998. And in 2003 Audi upped the stakes by putting a 3.2-liter engine under the hood, creating the most desirable of all Mk 1 TT. “

BMW Z4 3.0 i (2003, £ 4,000)

BMW Z4 3.0 i (Photo: BMW)

FORD MONDEO ST-220 (2002, £ 2,500)

“Fast Fords have dominated the affordable classic car market in recent years, especially anything with an ‘RS’ badge – in large part because people who couldn’t afford them growing up can now. And one of the little-known future classics is the Mondeo ST220, which features a 3.0-liter engine producing 223 hp.

BMW Z4 3.0 i (2003, £ 4,000)

“The BMW Z3 – which predated the Z4 – is already well and truly in vintage car territory. And there is everything to suggest that the Z4 will follow. It has all the makings – good looks, rear wheel drive and two seats.

RENAULT CLIO 182 (2004, £ 2,500)

“Not all Clios are created equal – and the Renaultsport Clio 182 is quite simply one of the best sedans of the past 20 years. They’re cheap to pick up and they’re also quick, doing 0-62 mph in 6.6 seconds.

Mazda MX-5

Mazda MX-5 (Photo: MAZDA)

MAZDA MX-5 Mk1 1.8i (1997, £ 4,000)

“If you can find a good rust-free example of a Mazda MX-5 Mk1, whatever you do, keep it, because prices are already rising fast! The MX-5 has undergone many styling changes over the years, but none have been more pleasing to the eye than the original.

HONDA CR-X DEL SOL (1995, £ 2,000)

“If you can’t find a Mazda MX-5, maybe you can get a Honda CR-X, another original two-seater sports car that is rare and therefore attractive to collectors?”

LEMON C6 (2006, £ 4,000)

“Citroën know a thing or two about hydraulically suspended cars, and the C6 was the long-awaited successor to the previous wedge-shaped XM. Critics loved them, but few gamblers bought them. Which means they are now building up a cult.

Honda CR-X Del Sol

Honda CR-X Del Sol (Photo: HONDA)

VOLVO 850 R 2.3 (1995, £ 7,000)

“It might look like a family haul truck, but the Volvo 850 R is a sheep in wolf disguise, delivering jaw-dropping performance – 0-60 mph in around 7 seconds – and racing credentials.

“Again they are absolutely loved by enthusiasts and prices are already rising rapidly, with a few examples on the market for around £ 13,000.”

SAAB 900 TURBO (1993, £ 4000)

“Swedish giant SAAB went bankrupt in 2012, as fans mourned the original appearance of the company and its forefathers in aircraft building. And with the decrease in the number of SAABs on the road, their market is growing.

“One of the most sought-after models is the 900 Turbo, which is considered the ‘last real SAAB’ before US General Motors took over. “

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