clubsport s value tumbling

[2007GTI]

But in 30 years time you might not be able to get fuel to run it on!

[mkviken]

The only ones struggling to sell are the ones with high miles or been tracked and ones with stupidly high asking prices in garages.

Sensible mileage ones around 35k seem to be selling and are worth that price.

Look at the prices of megane trophy R for comparison. Similar sort of car and similarly rare. They dropped a couple of grand then stayed at that price since 2014.

[clubsport]

I still think there are too many speculative cars for sale at dealers on a sale or return basis. Some have been offered for most of 2017.
These cars will have to sell at some point and there is a lot of choice in the £30k hyper hatch segment.

If you look at the numbers, for £30k to be worth £110k in 30 years time you need a rate of 4.43% compounded.

That was achievable in cash deposit accounts up to 2009 and lower rates since have helped the stock market, also considering dividends you haven't got to be a financial wizard to achieve such returns, especially with the tax benefit of Isa's.

Don't forget the negative carry in holding a car as investment, it will need storage, insurance, tyres and a service.
you are not getting any benefit of convenience yield if the car sits in a garage.

[fredgroves]

All of the above and still need another car too... So unless you are loaded that probably means driving a junker... While you have the best golf ever sat in a plastic wrapper... Maybe for Saudi princes but not for the likes of me!

[2007GTI]

Fred is right and I think the days of big profits on mass produced cars will perhaps be a thing of the past. However there will be niches for everyday classics, like there is now with MK1/2 Golfs, Peugeot 205's etc.

However bare in mind that all our current cars are heavily reliant on what will be very outdated Tech in 30 years time. Think how far we have come in the last 30 years, the touch screens and so forth will of course be novel in 2047, but also a potential pain the arse and likely expensive to replace and repair. Unlike the classics of the 50s / 60s / 70s / 80s which are analogue and relatively straight forward. I guess only time will tell.

If you have £30K to gamble, bung it in a stocks and shares ISA, least you don't have to insure, service and garage it!

[clubsport]

I am not sure a Golf will be the best for investment anyway, how quick will the 7.5 or 8 CS-S be anyway?

Looking at the 4.4% return over the last 30 years to achieve £110k is not that great, some of the rarer air cooled Porsche have returned 24% a year over the last 10 years, that's where the smart money would have been!

[Exonian]

Bloody hell, now I know why I'm poor and others on here are languishing in wealth.

There was me thinking a Golf was something to drive to the shops in (quite briskly) rather than trying to get a 4.4% return on it!


Still, 4.4% of next to next to bugger all is still next to bugger all, so I don't have much to worry about as far as my bank balance goes. I can't afford a Porsche so there's no way I an make 24% which goes to prove money goes to money and i'm on the wrong forum! 


I think the flippers and speculators were about as popular on here as a dog turd on a door mat and hopefully the cars will settle down to a true actual worth, some will always be museum pieces for wealthy collectors and hopefully a few will be actually enjoyed by GTI enthusiasts who recognise what a great job VW did with a load of parts bin components in an already crowded performance Golf range. A worthy celebration of 40 years and the fact so many of them came to the UK says a lot about our appetite for GTI's.

[I wanted a GTi]

Bloody hell, now I know why I'm poor and others on here are languishing in wealth.

There was me thinking a Golf was something to drive to the shops in (quite briskly) rather than trying to get a 4.4% return on it!


Still, 4.4% of next to next to bugger all is still next to bugger all, so I don't have much to worry about as far as my bank balance goes. I can't afford a Porsche so there's no way I an make 24% which goes to prove money goes to money and i'm on the wrong forum! 


I think the flippers and speculators were about as popular on here as a dog turd on a door mat and hopefully the cars will settle down to a true actual worth, some will always be museum pieces for wealthy collectors and hopefully a few will be actually enjoyed by GTI enthusiasts who recognise what a great job VW did with a load of parts bin components in an already crowded performance Golf range. A worthy celebration of 40 years and the fact so many of them came to the UK says a lot about our appetite for GTI's.

If I had one I would be in it every day even if I didn't have anywhere to go. Especially living in the West Midlands where there are no speed cameras to look out for.