What do you call a Lada with a sunroof?

Woodcutter

RMS Trader
Drives
P&C Pug Partner
In my day it was called a skip, but it would appear now it's a classic car worth almost £6k! 😂

The so called "classic car market" has gone to the dogs, speculators everywhere who think anything old is a classic and worth stupid money.

It all reminds me of the property boom back in 2006/7 when every man thought they were a developer and jumped on the bandwagon.

The crash is coming, I'm sure of it!



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trev 1515

RMS Regular
Drives
E39 M5 Evo ix
I think the difference is you can still go out and buy a brand new house but they aren’t making any more cars from a time when the environment wasn’t a consideration when designing it lol. I think the only thing that will make it crash is if the older stuff starts to get heavily taxed or banned.
 

DaddyC

RMS Regular
Drives
Golf V5
To be fair it does have 265 miles, that's something impressive. Not that i think it makes it the price it is but it's impressive the condition in the photos.

Better than the constant stream of ads over the last couple of years with the title or opening line of a description on a 150k Renault Clio **EXCELLENT INVESTMENT OPPORTUNITY**. Drives me insane that's the first thing people put on an ad, esp when it's some high miled average condition everyday motor.
 

carmad.

RMS Regular
Location
belfast
Drives
good old bird
to be honest classic cars of any make or model are climbing

i have bought and sold a load of vauxhall’s in my time

i bought two novas in 1998 for a £5 er ffs

tho they are getting to the point where people with money want to relive there teenage years and those who can afford it are liking for a good example or the one they couldn’t afford when they where younger due to insurance ect

try and buy any old vauxhall’s it would scare ya
 

Gaz

This space available for rent
Location
Belfast
Drives
GT Horse & Cart
In my day it was called a skip, but it would appear now it's a classic car worth almost £6k! 😂

The so called "classic car market" has gone to the dogs, speculators everywhere who think anything old is a classic and worth stupid money.

It all reminds me of the property boom back in 2006/7 when every man thought they were a developer and jumped on the bandwagon.

The crash is coming, I'm sure of it!

Can't wait for the crash, I'm going to snap up everything and wait it out until the next boom again. Maybe you could end up in a CSL again :p
 

Coog

Admin
Drives
XJ6 & 957
Few examples on here of folk buying cars to hold on to and sell on for a 'profit' later. I guess it's more interesting than sticking it into an ISA or gambling at stocks and shares, and it's 'enjoyed' to some extent too.

That Lada needs a SR20DET and associated upgrades :grinning:
 

NI_Volvo_Nut

RMS Regular
Location
Bangor
Drives
Skoda Octavia
Rare drives prices. The fact most Riva's are either at the bottom of the sea or back in Russia makes them an attractive rare easily maintained classic or daily retro. Niva's are the same, mad money for what is actually more basic than a Defender!

I hate to think how many Lada's I have owned and sold for silly money back in the day, probably about 13 or 14 between me and my Dad, I loved them as a car lol
 

Simon998

RMS Regular
Drives
106 Rallyé / 172
S1 Rallyés are popping up on eBay between £8000-13,000 the last few months, not for concours examples either. Whether or not they're selling for that price I don't know but Hollybrook sold one recently for £9,000 so someones buying them!
 

mikey

RMS Regular
Location
Lurgan
Drives
Celica/Triumph
S1 Rallyés are popping up on eBay between £8000-13,000 the last few months, not for concours examples either. Whether or not they're selling for that price I don't know but Hollybrook sold one recently for £9,000 so someones buying them!
I think I said to you in another post a few years ago that my Dad scrapped his Series 1 Rallye in around 2003/4 as no one wanted it and he couldn't sell it. NI car too, EAZ6554 was the number, in red with a set of period 5 spoke OZ wheels. I'm no optician but I know that my hindsight is 20/20.
Uncle who restores old cars is sickened when he sees Mk4 Escort XR3is up for pushing 10k. Last one he sold was an ex Ford Press car for about £1200 in 2005. Such is life.
 

gixermark

RMS Regular
Location
Banbridge
Drives
M3, VRS, Jedi
the old stuff is crazy.... tasty/nice/sport/ rare old stuff i get but run of the mill stuff, just insane.

i dont see how/why it woudl crash though... property cashed in a large way due to the lending structure in place at the time driving people to borrow loads, fueled the market... 'values' rose... then pop. i dont imagine that many people finance the old stuff.. or not heavily like for property... but who know ! i do agree with an earlier post that if they are taxed or fueled to level that make them impractical... coudl be an whole different ball game !
 

Simon998

RMS Regular
Drives
106 Rallyé / 172
There was a Lada Riva on RetroRides for £1500 with a Fiat Twincam engine in it, I was oddly tempted lol.
 

Coog

Admin
Drives
XJ6 & 957
15 years of storage, restoration and maintenance isn't free. And then there's inflation. I'm sure a £1200 XR3i in 2005 would stand someone more than £10k today, assuming it's worth £10k today. There's rare high-end examples but for the most part the maintenance of some of these cars would likely outweigh any actual 'profits'.

Modern example:


You spend £5.5k on this and then you stick it in a bubble in the garage but use it sparingly over the next 15 years. It'll need roughly £600 in MOT fees over that time alone. Probably £3k for insurance and perhaps same again to take it to the specialist for annual services and then you might do some light restoration over 15 years and maybe spend another £500 on that & sundries and maybe renewing the bubble and running it all year long.

In 2035 it's worth what? £14/15k? Maybe? Which is what it basically stands you with all the costs and inflation.

Be the same story with the XR3i and loads of others.
 

Artoir

RMS Regular
Location
Warrenpoint
Drives
V8
the old stuff is crazy.... tasty/nice/sport/ rare old stuff i get but run of the mill stuff, just insane.

i dont see how/why it woudl crash though... property cashed in a large way due to the lending structure in place at the time driving people to borrow loads, fueled the market... 'values' rose... then pop. i dont imagine that many people finance the old stuff.. or not heavily like for property... but who know ! i do agree with an earlier post that if they are taxed or fueled to level that make them impractical... coudl be an whole different ball game !
Interest rates and yields are rock bottom or negative. Money men need somewhere to put their moola and a lot of them are dumping it in the classic car market. Now they’ll be going after old Porsche’s, etc but it’s has a trickle down effect on the whole market.

Once things normalise that money will leave (IMO)
 

Nicky Glanza

RMS Regular
Location
Lisburn
Drives
BMX
S1 Rallyés are popping up on eBay between £8000-13,000 the last few months, not for concours examples either. Whether or not they're selling for that price I don't know but Hollybrook sold one recently for £9,000 so someones buying them!
I had a 106 xsi in Miami blue reg was OIL 5122 and I swapped it for a non running saxo vtr as no one wanted it, cool wee car all the same! was a 105bhp for a 1.4 n/a petrol back in 1994 lol impressive
 

gixermark

RMS Regular
Location
Banbridge
Drives
M3, VRS, Jedi
Interest rates and yields are rock bottom or negative. Money men need somewhere to put their moola and a lot of them are dumping it in the classic car market. Now they’ll be going after old Porsche’s, etc but it’s has a trickle down effect on the whole market.

Once things normalise that money will leave (IMO)
you could well be right...... be fascinating to see what happens in the next 10... then 20 years. i think one reason that may make them tank in addition to that is the fect that the younger generation wont want even what we call classic now... and there are very few current cars that are likely to be special in the future... for one diesels galore... plus so many cars are similar to the next.

you are bang on correct though - some guys with mega money are just sitting buying up toys.... its not likely to impact them greatly how much teh market goes up or down....... its the normal joe bloggs that thinks... screw banks & pensions... i'm buying and stashing old motors.... for one thing any car will require a fair bit of $$ spent every 10 ? or so years to keep in anything like investment/collectible status..... in my opinion anyway
 
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