Where will prices level out ?

[whiterhino]

Why does everyone always rant on about sport prices?

[bmw-mad]

Why does everyone always rant on about sport prices?

M Tech Inni

[jslot]

I'm with you Pierce, I feel your passion brother, +1 on 50% of you postings

[87mtech27]

I'm with you Pierce, I feel your passion brother, +1 on 50% of you postings

+2

[bss325i]

Just to break it down and clarify why a lot of this is utter b ollocks.....

I can't see it ever slowing down. Its not just e30s its any "good" pre 90 car.

Agreed.

been into classic cars for about 10 years now, I like it because its cheap, easy, fun, and keeps me off the streets as they say. Certainly not for any financial return!

Ive always been a big believer that there is NO way of EVER making a profit on a car. Ok sure, if your names Mike or Ed, maybe. But thats not how enthusiasts work. To me, a car is only finished when it can no longer be driven on the road. Then you park it up and start a new project.

I have a passion for classics, fixing them, breaking them, driving them hard, keeping them on the road, and attending shows.

Ive been into cars for as long as i can remember, mainly older ones and have spunked a lot of money on them.
To say there is NO way of EVER making a profit on a car is such a narrow minded comment. Of course there are ways of making a profit on a car and not just by buying cheap scrap and fragging it, buying the right car in the first place by being astute and saving on labour costs where possible can lead to at the very least breaking even.
Ive rescued several cars in a sorry state and ended up making a decent profit on them but does that make me any less an enthusiast? Does it f uck!

I think its fair to say you would struggle to find someone more enthusiastic and passionate about E30's and cars in general than myself!

for us "petrol heads" its getting harder and harder. We all know theres no property left to buy, so whats the next most expensive commodity? Cars. Classic Cars.

Im concerned that what was once a niche hobby for us weirdos and anoraks has become an investment market.

These people buying 12k e30s, are they in the shed every night developing their toys? No, they have absolutely no intention of getting their hands dirty. And thats not cool.

Again, utter b ollocks!

Plenty of people don't have the time or skills to either restore or maintain a classic car but why is that not cool? Again, does it make them any less an enthusiast? No not at all and many zone members don't get their hands dirty!

like classics for the way they drive, the way they feel on the limit. Its been brought up on here recently about how, when taken on a test drive the e30 m3 didn't feel magic.... Of course it ******* didn't! Its only on the limit you get the magic. Theres not a lot of people left who can afford to push an m3.

I take it you were referring to the guy who posted on here that he felt underwhelmed on the road test of an E30 M3 for sale?Agreed they do come alive when you push them and he was wrong to make such a poor judgement with such little exposure.

What kind of nonsense is "not a lot of people left who can afford to push an M3"?!

There are plenty of much more valuable cars that get used as intended and there are plenty of people out there who can afford to, E30 M3 included!

promised myself a long time ago that i would never own a post 90 car. but the way things are going I may not have a bloody choice!

I guess the other thing is the ease of working on them. These old cars can be fixed just by looking at them for a while, then getting out a 13mm spanner. Job done.

Agreed to an extent but even the simplicity of a car such as an E30 can be lost on many people, hobby DIY'ers and people in the trade with some comical and in some cases down right dangerous levels of bodgery.

days not even the mechanics in the dealer know how the "new model" works.

Each component for modern cars have been developed separately in a different corner of the globe. Literally there is no one who can fix a modern car, simply because they do not know how they work.

Now this is the most retarded thing you have spouted!

The training provided by the manufacturer and the resources and information available mean a competent, trained technician can diagnose and repair a new or nearly new vehicle without to much drama.

last thing is price, typically old cars are cheap. New cars are expensive. Anyone can get finance on a new car these days.... If your happy to pay your whole months salary on a ******* image, thats fine. We all know every new Audi driver works at a call centre.

I want to own my car thank you! And I want to be able to **** with it if I want.


Its quite sad really ..... I think once a month for the last 5 years when checking car prices I've said "hmmm.....looks like Ill never own one of these..."


I blame hipsters for making old things cool,
Rich folk for not having the brains for the stock market,
and the government for selling all the countries land and property to overseas investors.

I also blame anyone who thinks they can "fix up" a car and make a profit.

Thats what most of the e30s I've seen for sale recently are...

Bodged up chav wagons. Most of the time they can't even be arsed to remove the alpina reps.

To surmise, sounds like one has a mighty chip on their shoulder.

[B7]

Why does everyone always rant on about sport prices?

Maybe because they can't afford / are too tight to afford a nice one?

[HairyScreech]

I think it's more because it was only 8 or so years ago that a sport could be had for £2500 instead of £12500 quite the inflation in a few years.

There's an element of "I was going to buy one but fucking forget it at that price, Ill buy "XYZ insert better car" instead."

Purely objectively is an E30 sport 4X better than a 325?

Is one anywhere near as good an an E36 M3 evo for the same money?

[Kos]

A nice 325i 2 door manual is about 4/5k these days

A 2.5k sport 8 years ago was still going to be a nail. Nice sports were about 4k 8 years ago

[steve_k]

A nice 325i 2 door manual is about 4/5k these days

A 2.5k sport 8 years ago was still going to be a nail. Nice sports were about 4k 8 years ago

i must have gotten lucky then because i bought my sport nearly 10yr's ago for £2.5K & it was a totally mint, standard tech 2 sport that wanted for nothing & had a huge stack of paperwork with it,

main reason i got it for that was because the guy selling was a good family friend who was going bankrupt & needed the money sharpish, kick in the teeth was the fact i found out two weks later he had a black sport evo m3 which he let go for £7.5K & i'd just spunked the other cash i had on a good holiday & deposit for a flat

one other thing that won't help prices slow down is the amount of folk who insist on putting an M5X in instead of looking after the original M20 lump.

but as said before, supply & demand.

[HairyScreech]

Really? Rose tinted spectacles then I guess, point still stands though at 3x the price or more in some cases.

You can pick up classic yank and more modern performance machinery for that kind of money.

Ran into a Mustang cabriolet needing resto for sale for 8k recently, only the small v8 but shell was no worse than most E30s due to being a recent import. I'd put my cash into something like that before considering an e30 in a frock for the same cash.

[steve_k]

Really? Rose tinted spectacles then I guess, point still stands though at 3x the price or more in some cases.

You can pick up classic yank and more modern performance machinery for that kind of money.

Ran into a Mustang cabriolet needing resto for sale for 8k recently, only the small v8 but shell was no worse than most E30s due to being a recent import. I'd put my cash into something like that before considering an e30 in a frock for the same cash.

rose tinted spectacles?? probably, but the main reason i got mine was two fold, one i remember seeing them about when i was younger & the one i got was so well looked after & pampered it was unreal.

as for the yank stuff?? well i was looking at a late 60's early 70's dodge challenger till the sport came up, only problem with yank tanks is now because of the F&F films everyone wants a dodge/ford etc so same as e30's prices have gone up.

[HairyScreech]

I meant rose tinted spectacles on my part, thinking they were cheaper/less rotten than they actually were.

[steve_k]

I meant rose tinted spectacles on my part, thinking they were cheaper/less rotten than they actually were.

no worries lol same on my part regards that sport evo.

[pierce]

ok bss325i ok....


Im clearly fully aware that you can make money on cars.

Im clearly fully aware that there are many different ways to enthuse over a vehicle.

Im clearly aware that there is much more exotic machinery been raced hard and taking serious punishment every day. Britain has a great motorsport scene. I'm just saying that for every day an m3 goes up in value £5000 theres another person who can longer afford one for his / her purpose.

Im clearly aware there is still such thing as a proper technician these days, its just most I've dealt with recently only know how to plug in and diagnose.


And yes, I do have a chip on my shoulder.

Bloody car prices. Fucking bullshit... etc etc. Looks like I'm never getting a (insert exotic classic here) I'm so hard done by etc etc.


Sorry for appearing to be the narrow minded person I am, after all I'm just writing one persons point of view. It is a discussion forum.


P for Peace

[bss325i]

ok bss325i ok....


Im clearly fully aware that you can make money on cars.

Im clearly fully aware that there are many different ways to enthuse over a vehicle.

Im clearly aware that there is much more exotic machinery been raced hard and taking serious punishment every day. Britain has a great motorsport scene. I'm just saying that for every day an m3 goes up in value £5000 theres another person who can longer afford one for his / her purpose.

Im clearly aware there is still such thing as a proper technician these days, its just most I've dealt with recently only know how to plug in and diagnose.


And yes, I do have a chip on my shoulder.

Bloody car prices. ******* bullshit... etc etc. Looks like I'm never getting a (insert exotic classic here) I'm so hard done by etc etc.


Sorry for appearing to be the narrow minded person I am, after all I'm just writing one persons point of view. It is a discussion forum.


P for Peace

Well if you're clearly aware of all those things then why post on the contrary?

[bosers]

Only 'Zone Approved' opinions allowed, Pierce!

[bab-91]

S.A.D has a lot to answer for. Bunch of grumpy whures.

[propergander]

Troll Alert!

Nothing to See Here

[Gert_8]

Hello Malcolm

[Nobby_N]

Why do you have a hardon for Barry Daimler?

[German-Whips]

I can't see it ever slowing down. Its not just e30s its any "good" pre 90 car.

Agreed.

Nothing can continue to infinitely increase without any sign of slowing in growth. This applies to everything in the world around us.

There will be a point when the rate at which price increases will slow, and the value will approach a value which is considered the ceiling for the product. This depend on interest rates, supply and demand, market competitors and a lot of other factors.

The hard bit is determining at which price point the value will start slowing. As far as we know, the value of "Sports" could reach 100k in a theoretical situation.

But to say that prices will NEVER slow down, and that they will continue to exponentially increase as they have been doing so over the past few years simply does not make sense, is totally incorrect and shows no understanding of the way prices work, as you're essentially agreeing on the prices continuing to exponentially increase without slowing up to a point where a "Sport" will be worth millions. As special as it is, no sport will ever reach that point, which means that prices MUST show a sign of slowing.




Not trying to slate anyone, or rant on about it, but I'm just trying to show that loosely using terms and agreeing on them without understanding whats really being said should be avoided.

[steve_k]

prices for ANY e30 will slowly go up, even more so when it come's to the likes of sport's, hartge, alpina, schnitzer etc, but like you say in time the bubble will burst & prices will stagnate for a bit then drop again & then slowly rise again before falling.

have a look at the classic jap & ford market, prices are up & down like a whores drawers.

only time it will get stupid is when e30's get so rare that demand far out strips supply, & it's no good saying that won't happen because it will in time.

[jimbom30cab]

Which is the question I asked, do people think they have plateaued or have further reach at the current rate.

I only have a faint interest so mods please delete the whole thread if needed.

[senna]

prices for ANY e30 will slowly go up, even more so when it come's to the likes of sport's, hartge, alpina, schnitzer etc, but like you say in time the bubble will burst & prices will stagnate for a bit then drop again & then slowly rise again before falling.

have a look at the classic jap & ford market, prices are up & down like a whores drawers.

only time it will get stupid is when e30's get so rare that demand far out strips supply, & it's no good saying that won't happen because it will in time.

But.... Supply and demand is dynamic.

Take the Alfa RZ. Not many here. But as the 30-40 year olds that could not afford them when they were 20 grow old and no longer want them, so the demand will fall. Hence the price will remain stagnant (allowing for quantitative easing)

[German-Whips]

prices for ANY e30 will slowly go up, even more so when it come's to the likes of sport's, hartge, alpina, schnitzer etc, but like you say in time the bubble will burst & prices will stagnate for a bit then drop again & then slowly rise again before falling.

have a look at the classic jap & ford market, prices are up & down like a whores drawers.

only time it will get stupid is when e30's get so rare that demand far out strips supply, & it's no good saying that won't happen because it will in time.

But.... Supply and demand is dynamic.

Take the Alfa RZ. Not many here. But as the 30-40 year olds that could not afford them when they were 20 grow old and no longer want them, so the demand will fall. Hence the price will remain stagnant (allowing for quantitative easing)

That's exactly the point I was trying to make. Of course E30 prices will continue to rise for a good number of years to come and good examples will be worth a lot of money.
But to say that they will indefinitely rise and never show a sign of slowing down does not make any economic sense at all. They will always level off at a certain price and reach a stagnation point. They cannot continue to infinity, and never show a sign of slowing ever, which is what some people imply by saying they will never slow, if prices worked like that the financial sector would be totally different to what it is today based on the continuous increase principle.

I'm not saying the bubble will burst, I don't know that, but I do know that the bubble can only get so big.


As they stand, E30 prices are still increasing and will continue to do so based on the current trend.

[bosers]

Jim's right. If he's lost interest then this thread should be deleted.

[Mitchen]

Why do we keep having these threads about the value of E30's.. particularly sports and 325's.. People getting irate or excited over it being worth 8 grand or something. When it comes to cars that's not a lot of money. Won't even get you a newish Nissan Micra!

Can we just sticky one of the other 'E30 value' threads from last month and then whomever wants something to read about this can just refer back?

Here's another one that was done to death less than a month ago.

http://www.e30zone.net/modules.php?name ... c&t=265299

[bss325i]

Another pointless repetitive thread.