Duke O Smiley wrote: » Theres something charming about the pre-facelift 7s now IMO.
landmarkjohn wrote: » I think they will become the sought after classic.
Eric Cartman wrote: » I doubt it, very hard to keep compared to the facelift, it resolved a load of issues.
It does look clean alright. Most of them these days are high milers that have gotten abused over the years with really tatty interiors. A nicer car than the model that succeeded it too.
Duke O Smiley wrote: » I think irrespective of reliability and technological advancements of the facelift cars etc the earlier examples will be the ones collectors will want in a few years time.
Duke O Smiley wrote: » https://www.donedeal.ie/cars-for-sale/2003-bmw-730-se-dsl/27067783 Two grand price drop on this pre-facelift 730d with 69k miles, now €3950 This could potentially be a nice car depending on the level of care the owner has taken with it since 2008. < RANT ON> WHAT IS WRONG with people and their inability to take decent photos of cars they are trying to sell. Jesus ads like that just make me dizzy and I feel the seller cant be arsed to get decent one taken < RANT OFF>
Voodoomelon wrote: » We never really chat in this thread about the way things are going in regards bigger, older, typically petrol barges and their values. How do we see things progressing? If you had a shed that could fit 10 cars in it, what would youd be buying right now at knock down prices? Do you see typical early to mid 2000s barges being worth more in 10 years time? We're already seeing it with V12s for sure, but i'd wonder how much an 2005 S500 or 750i would be worth in 10 years once the EV revolution is further down the track? Seeing as traditional investments like the stock market nets you approx 12% on an annual basis, ETFs a touch higher, do you reckon you could double your money in 10 years on a V8 barge? Or even better, can you treble or quadruple it in 20 years?
Voodoomelon wrote: » Seeing as traditional investments like the stock market nets you approx 12% on an annual basis, ETFs a touch higher, do you reckon you could double your money in 10 years on a V8 barge?
traco wrote: » All good questrions. I would think we have passed peak ICE more or less. i am sure their will be some gems in the future but they won't be attainable for me. I have a flat 6, V6, V12 and am looking for a V8. I am also watching for the correct spec cars to buy as parts cars. However for me the enjoyment is in owning and driving them. I don't see them as an investment per se. Maybe I'd get some of my time, parts and purchase price back but that would be just luck. I can't see a way to make money on them especially if you drive them. The tax alone probably cancels any appreciation. The other downside is that using them you run the risk of the car being written off if smacked by some clown as the repair costs far exceed the OMSP. I'm struggling with storage at present amd there are a few other cars I'd like to acquire. Sadly the costs in this country make any gain nigh on impossible so I am bascially a fool with an expensive hobby. I took the decision about 8 years ago that I would drive my daily as long as possible and took out a credit union loan with payments of 300 ish per month. That has been rolled and allowed me to acquire the fleet I have today. Lots of payments still to go but its what most people are paying for a new PCP thing. If I save up a bit extra, I knock it down or oput to the bottomless parts / maintenance bill. I try an do a lot of the work myself, except on the daily as I'm not that interested aside from more frequent oil and filters changes cos I need it to keep going. It has also meant that I have had to drive the work van on a few occasions when everything that is taxed is in bits. So its a bit of a lifestyle choice and not for everyone. So - back to the original question. Unless you are a serious collector with climate controlled facilities buying rare stuff then despite the best man maths available you would be lucky to just break even assuming reasonable appreciation of the car.
Voodoomelon wrote: » I'm talking purely from a storage point of view, not running the cars on a daily basis. If you were a farmer for example with an empty shed, i'd wonder if you filled it with €30k worth of 6/8 cylinder 5 and 7 series (10 x €3k buys) and sat on it for 10 years, would you have €60k on your hands. I reckon you might well do.
ohnonotgmail wrote: » would you not have to do maintenance during those 10 years? even in a dry shed leaving a car sitting for 10 years won't do it any good.
Padre_Pio wrote: » Interesting. So you wanna double your money. Storage costs are nil. You want to get something that's near fully depreciated and in decent nick, which will hopefully have a cult following in maybe 10 years. Maybe Z3 and z4 Mx5 Rx8 Mr2 My money would be on something a person would use as a weekend car. I don't think a 5 or 7 series will get any way appealing in 10 years. Tax aside, they're not that appealing now for the majority. If you go to a classic car show, you're drawn to sporty cars, not bargey cars. I'd buy the car and spend another 500 euro on parts, brakes, shocks, the usual consumables, and store them in the boot. Imagine seeing an ad for a classic car that comes with a pile of brand spanking new parts the new owner can have fun fitting.
Voodoomelon wrote: » I'm also taking into account that the EV revolution will be in full swing, nice ICE barges should be worth more by default. Not a certainty, but a fair gamble.
yamaha4life wrote: » https://www.adverts.ie/22969187 Would this be worth a look? Nearing 250k miles would be concerning to me, Rightly so?
