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#1 | ||
Regular Member
Join Date: Apr 2020
Posts: 69
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I found a couple of threads, on the same topic, but they were quite old.
Any new opinions on this? I'm wanting to take some money out of a pitiful savings account, and invest it into something that I can actually enjoy. (Keeping in mind that I'd rather put this money into a Ford, over other makes) Being in Australasia (I'm in NZ), I'm guessing the best Investments would be Australian Ford's. Correct that if I'm way off. FPV? X series Falcon? Escort/Cortina (proportionately)? Is there a general consensus for what may be a safe bet? |
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#2 | ||
Regular Member
Join Date: Apr 2020
Posts: 69
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I've seen a cheap F6, but it's been modified and the owner doesn't have the original, replaced parts anymore. I don't think it would be very cost effective (or possible) to round up these parts to restore originality to this particular car.
I've learned the hard way about how much you lose when modifying. However, the more original F6's I've seen are about double the cost. Not to mention, it's a BF, and from what I've the BA will be worth more. This gamble on investing has a few more layers of planning, and research, than I'd expected. |
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#4 | |||
Regular Member
Join Date: Apr 2020
Posts: 69
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Quote:
It's working alright for me so far. In addition: I'm able to do a lot of the/any required maintenance or repairs myself, and I get a significant discount on parts through my workplace. However, I've currently exhausted storage space, so I'm in the process of finding more. I've previously found this to be the biggest expense. |
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#5 | ||
FF.Com.Au Hardcore
Join Date: Dec 2009
Posts: 3,463
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no and no.
Buy shares in Ryman Healthcare. Ageing population. |
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#6 | ||
BLUE OVAL INC.
Join Date: Feb 2006
Posts: 8,645
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Unless you're dropping 100k+ on a 60/70's GT you're probably 18 months too late.
The market for modern collectibles has been super heated over the last year or 2 and is starting to settle or decline, not sure theres much room for any worthwhile growth once you factor in costs. |
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#7 | ||
Regular Member
Join Date: Oct 2005
Posts: 458
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I’d go talk to people with expertise in car values such as Shannons or equivalent in NZ for advise on car to buy.
When purchasing a car there are other costs such as interest on purchase, insurance, repairs and servicing to consider. I don’t think you can drive an investment car much as kms need to be kept low. It will be important to keep it somewhere safe and out of the weather. Interested rates have been rising allot in Australia in the last few months. This is putting downward pressure on prices, this could be a good time to wait as some cars may drop price. Im not sure what is happening in NZ. If you wanted something for fun (not pure investment), not really expensive and will have a good chance of going up over a long period of time there will be array of cars to choose from. For example a BA Falcon Turbo. |
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#8 | ||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Or Chinese electric car manufacturers.
__________________
heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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