The Cayman gt4 is one but I'm looking at more reasonably priced low volume cars. The original CRX, S2000, and some others that demand stayed strong enough to enjoy them and resell for profit. Miata RF?? The new Wrangler?? Etc. I'm not looking at an investment potential but rather own a cool car that I don't really need and sell after the "new" wears off.
I hope this topic hasnt been covered before. Sorry, if it was.
Other than exotics or track-edition-type cars, I can't see what "reasonably priced" car would fill that bill. If it's reasonably-priced, it's generally because it's mass-produced and/or not all that special. Maybe my memory is going bad, but I don't recall that CRX and S2K values went "up" once they had been used for a year.
And why in the world would a Wrangler's value go up? Not rare at all, still in production probably for eternity, not hard to find, etc. IDK, maybe a Tesla or something that has a long wait-list for new models?
Maybe I shouldn't say for profit but rather get most of my money back because demand stayed high compared to supply.
If you could have gotten one of the first Focus RS's without makeup, then maybe? I'm not sure there is anything coming up in the next little bit.
Maybe the focus rs?? It is going to have to be something limited production.
That did happen with the original Miatas. Resale values were really strong for a while, especially in Canada. Dunno about the CRX, it was before I was buying cars.
I don't think the RF will hold value like that. The NDs are depreciating like normal cars. The first six months are always the worst for depreciation, of course.
maj75
Reader
9/13/16 9:36 p.m.
The problem with any car that hot is avoiding the "market price adjustment" the new car dealer is going to tack onto the sticker price.
I remember when the PT Cruiser came out and my local dealer had the dealer adjustment sticker on it.
maj75 wrote:
The problem with any car that hot is avoiding the "market price adjustment" the new car dealer is going to tack onto the sticker price.
Right. It's all gonna be about buying low and selling high.
An example would be if you could get "the desirable model" at employee/supplier pricing while everyone else pays "mark-up".
I would guess they won't be making these Hellcat models for too many years. They should spike in desirability once they are discontinued.
The Viper is on its way out.
The cts-v wagons with a stick didn't drop much. Neither did the manual g8 GTP's.
2dr. Wrangler. Drive for a year and lose at most $1500
pimpm3
Dork
9/13/16 10:15 p.m.
Fj cruisers were pretty good at holding their value as well.
If I knew this I would take a couple hundred K and invest I some cars. I have been trying to figure this same thing out for years with various funds my broker keeps showing me.
Maybe the new Civic Si? Depending on availability - I think being the first turbo Si and the great press on the base car will make it a hit. Not sure if you could get around market adjustment (assuming it's a big hit), and if you don't that'll kill your break even goal.
My buddy had a brand new FJ40 or whatever that Toyota thingy is called for about a year and a half. Sold it for more than he paid for it to someone in the Middle East that paid to have it shipped over there. Guess you can't get them there and they have money to burn. Took the money from that and bought an older Land cruiser from Arizona and shipped it to NH where a shop installed a diesel engine in the thing that was not available here in the states. Think the engine and transmission were sourced from South America. He had $30K into this thing before he even saw it in person. Cool truck. Much cooler than that goofy blue FJ he had.
Just because I'm following it, the 6th generation Camaro 1LE (kinda the "track pack") is in the order-taking phase according to the playbook. C&D just posted video of one on track on YouTube, so production cars exist now. Delivery starts Q4 2016. I suspect you need to be at the dealer yesterday.
The NSX might have been a recent winner, but you're a year late.
The line is probably too long for a Tesla Model 3, but future Teslas might be something to watch. Rabid fans, long wait lists, and no dealer mark-up. You just have to give them money for a three-year no interest deposit.
The Land Rover Evoque Convertible is interesting and starting to be delivered, but I don't think that's enthusiast enough.
Maybe a Chevy Bolt? I'm not sure where we are on the 718 Cayman timetable. It looks like Porsche is working on Panamera right now, and I don't think Panamera fans are rabid enough.
I guess my point is, pick a car that people will go crazy over, and put the first order in on it at a dealer who tends to be well allocated for that kind of car, and see if you can beat the "market price adjustment" by ordering before they figure out they need one.
NOHOME
PowerDork
9/14/16 8:36 a.m.
rustybugkiller wrote:
The Cayman gt4 is one but I'm looking at more reasonably priced low volume cars. The original CRX, S2000, and some others that demand stayed strong enough to enjoy them and resell for profit. Miata RF?? The new Wrangler?? Etc. I'm not looking at an investment potential but rather own a cool car that I don't really need and sell after the "new" wears off.
I hope this topic hasnt been covered before. Sorry, if it was.
Wait...if you KNOW that you can sell it for a profit in 6 months, why would you not follow up and make the money on the Cayman? Initial cost is irrelevant if you KNOW that it will sell for more in 6 months. Interest rates are zero right now, so you cant go wrong spending someone else's $$$$ on a sure thing.
My personal belief is that you can do better if yu buy cool classic cars in good shape and sell them to the next person in the next year or so. Wont make any money, but you should be able to get your buy-in back.
NOHOME wrote:
rustybugkiller wrote:
The Cayman gt4 is one but I'm looking at more reasonably priced low volume cars. The original CRX, S2000, and some others that demand stayed strong enough to enjoy them and resell for profit. Miata RF?? The new Wrangler?? Etc. I'm not looking at an investment potential but rather own a cool car that I don't really need and sell after the "new" wears off.
I hope this topic hasnt been covered before. Sorry, if it was.
Wait...if you KNOW that you can sell it for a profit in 6 months, why would you not follow up and make the money on the Cayman? Initial cost is irrelevant if you KNOW that it will sell for more in 6 months. Interest rates are zero right now, so you cant go wrong spending someone else's $$$$ on a sure thing.
My personal belief is that you can do better if yu buy cool classic cars in good shape and sell them to the next person in the next year or so. Wont make any money, but you should be able to get your buy-in back.
You have to be able to afford the initial cost.
The answer to the OPs question is the 911R and the upcoming manual GT3. Problem is, you have to be able to get one in the first place.
Usually the trick is to find something hot before it catches on, then arrange for an earthquake or other natural disaster to disrupt the supply chain and slow down production.
Got the cash for a new Ford GT? The Porsche 918 prices went nuts after the initial run was over.
Other than that I can't really thank of anything.
What about the BMW 1M they made a couple years back? If you can find one of those I don't foresee them going down in value.
I think what you might be looking for is cars that hold their value really well, in which case Wranglers and WRX's seem to fit that bill. No, they won't exactly go up in value, but you should find yourself with positive equity after 12 months or so (assuming you have a 48-60 month loan and not 72 or 84). I always try to pick cars where I am net positive within a year or so in case I change my mind. That way, I have just enough equity to roll into the next bad idea
911R's are starting to drop what little ones are out there as the manual GT3 was announced. GT350R at a good price would do it, RS would do it, Ford GT would do it, GT4 I don;t think will do it it. STI as well if you can get a screaming deal on a new one and leave it stock for a while.
The Land Rover Evoque Convertible
One of these has arrived in my neighborhood recently. Interesting looking. Not as odd as the Nissan thing.
Edit: I had no idea that this was a mid $50k vehicle. I might have guessed mid $30k vehicle or a BMW 3-series in price competitor.
Edit #2: I guess I'm out of touch. A BMW 2-series convertible, loaded is $50k and a BMW 4-series entry level convertible is also $50k
Ford already announced who was getting a GT, you had to apply for one.
In reply to wearymicrobe:
Guy I work with bought a then-new STI sometime around January of last year. Kept it in pristine shape and barely drove it (<1000 miles), then sold it earlier this summer. He DID lose money on it, but not much. He also never really got to enjoy the car, though.
IIRC, I think the Tacoma and Wrangler are the current kings of resale value.