Should I buy a trophy as an investment?

[botfch]

Thanks. I spoke about this before on another thread but is there an app you can just buy shares? I tried before but someone on here said it sounds like I was spread betting (I think) as when the shares fell I had to pay into the app live despite my practice account flying (who’s have thought it!)

I recently looked online and downloaded IG but it appears to be the same thing with the disclaimer straight away saying a similar thing.

Yeah there’s loads it’s split between “trading” accounts (212, plus 500 etc) and “investment“ accounts (Hargreaves, AJ bell etc)

If you want long term investments then an investment isa is what you should go for.

 

[Krarl]

Glad to see that CS strikes again because this thread has gone off course😂😂

 

[MarcB]

Glad to see that CS strikes again because this thread has gone off course😂😂

Standard !

 

[Twingo 1??]

I know I will get slated but what about a Twingo cup? Hardly any made and if going on form its a small sporty renault so will go up in value.

 

[Revels]

Appreciate the comment mate. What about if you didn't consider the cost of insurance and driving etc. If it was purely a car that was hibernated away and belts were done myself (done them before and found the whole thing very easy)

I wonder when trophy territory will creep over the 10k mark?

If you expect the value to go up, it needs to have everything.

“I did the belts because it’s easy” is the opposite.

 

[dann2707]

If you expect the value to go up, it needs to have everything.

“I did the belts because it’s easy” is the opposite.

If it would be stored for 5 years it would need the belts doing regardless. Which when labour is free it doesn't equate to a lot in the grand scheme of things

You wouldn't buy a car, dry store it for x amou t of years and intend to sell it with the belts being due it shows neglect.

 

[Clio_fool]

If it would be stored for 5 years it would need the belts doing regardless. Which when labour is free it doesn't equate to a lot in the grand scheme of things

You wouldn't buy a car, dry store it for x amou t of years and intend to sell it with the belts being due it shows neglect.

I think he means that doing the belts yourself could deter buyers when if you look online 99% of belt comments say "make sure a specialist has done them". I'd happily buy a clio off you if you'd done the belts as I know you're more than capable of doing the job right, but a stranger looking for a good example of a trophy would move onto the next one seeing that in the service history I think.

 

[MarcB]

I have to say that if the book is not stamped and there is not an invoice for the belts being done on any Clio it would greatly put me off.

I bought my car 2010 and in that year I had the belts done twice, first time was by a ex renault tech who used cheap timing tools and timing was slightly out so had to get them done again at a renault specialist with the correct OE Tools who could also stamp the book and provide an invoice and warranty with genuine parts.

I know that if a specialist does the belts with genuine parts and invoice then you are covered if anything was to fail just like any other car part thats fitted buy a garage.

 

[R3k1355]

I think he means that doing the belts yourself could deter buyers when if you look online 99% of belt comments say "make sure a specialist has done them". I'd happily buy a clio off you if you'd done the belts as I know you're more than capable of doing the job right, but a stranger looking for a good example of a trophy would move onto the next one seeing that in the service history I think.

He's dead right.

If you want to achieve best possible price come sale time then the service history has gotta be of equally high standard.
That means a well know specialist is doing the important service work.

 

[dann2707]

He's dead right.

If you want to achieve best possible price come sale time then the service history has gotta be of equally high standard.
That means a well know specialist is doing the important service work.

Definitely agreed with that!

Yeah I get you completely

 

[dann2707]

Tbh I'm just humbled that oss poop would buy a car from me when I've done the belts. Appreciate that comment greatly dude thank you

 

[R3k1355]

@0ss you're now buying this Trophy after @dann2707 is done getting rich off it.

Best get saving!

 

[Clio_fool]

Tbh I'm just humbled that oss poop would buy a car from me when I've done the belts. Appreciate that comment greatly dude thank you

Anyone who's seen your Boris build or MrYo would be equally confident in your ability to do such a simple job on a piddly Clio mate 🤣. You've learnt some good spannering over the years.



Although you didn't fix the brakes on @leeds2592 spunk bean did you 🤔🤣🤣.

 

[GiT]

Yes.

If you buy the right low mileage, well looked after and mint car - and have the conditions to keep it that way, for 10+ years.

Yes.

 

[ajracer]

I've been thinking of selling my car to buy a trophy as a keeper but the jump up in money is too great.
The work I've done would almost certainly have to be done on all but the very best Trophys on sale.
The fun I've had driving this car lately is worth way more than mothballing something I won't ever want to take out the garage.

 

[Krarl]

I've got a receipt for my belt kit but the book hasn't been stamped for anything since 2014 when the old engine went kabang

I've got receipts for everything I've bought and its on my thread, ill never sell up but if I did I'd just send them the link to my thread. Can't stamp the book when I'm perfectly capable of doing s**t myself

 

[RustyMojo]

I guess it depends what you want from an investment perspective (obvs any investment the idea is to maximise return) I’m not sure a trophy is where it is at now.

I think there is a lot to be said about just owning or making your 172/182 the very best you can. They are cheap enough to buy at the moment. Not sure they are going to go down in value any further. Not sure a fully stamped book is the end of the world either. If you look at 205 Gtis as an example. Yes the very best money is obtained on moth balled original cars, but even we’ll used examples fetch strong money. I see no real reason for Clios to not follow a similar track. I paid under £1500 for my car, it’s a shitter in the least popular colour. But I don’t think I’ll ‘lose’ fortunes on it. It will probably earn me more money than the money did sat in the bank. Plus I get the enjoyment of working on and eventually driving the car. Undoubtedly true investment would be on low mileage, low owner FSH 172 Cup, but even thoughts are getting pricey now. I would say buying a rarer colour 182/172 would give longer term the better return. But who knows!

 

[clio182]

Stumbled across this thread on the weekly email that comes out so I though I would input.
I bought my Trophy back in 2014 at the bottom of the market for £3300 as an investment.
That investment has paid off as its worth 3 times that now in it's current condition and just 61000 on the clock.
So in another 6 years who knows what they will be fetching.
Not sure if I would spend £10k now expecting to double my money in the same period though.
If you like the mark 2 clio then buy one as it's the pinnacle of the what was produced 👍

 

[DaveL485]

it's the pinnacle of the what was produced

...apart from the V6

Investement to return, if Bitcoin drops near $5k USD again, buy it.

I think the boat has been missed on trophies. We have already seen the value jump. It won't step up a level further for many many years, probably 20+.

 

[plenty]

IMO we'll see the jump in closer to 10 years, not 20. In 15 years you won't be able to buy new petrol or diesel cars. And the values of "modern classics" tend to escalate rapidly when they hit 25 years old and most of them are no longer on the road. A mint Trophy will easily be a £20k car in 2030.

I remember just 7-8 years ago when old Imprezas were still seen as a "downmarket" choice. Then came a tipping point just 4-5 years after that, when they became thinner on the ground and starting attracting people who had proper money to spend on cars. The same will happen with Mk1-3 Clios.

 

[jameswrx]

All I know is the more I work on newer cars the more I think the older stuff can only go one way.

Honestly, I just don’t know what people are going to do with more modern cars in years to come. The way things are going I wouldn’t be surprised if the used car market is a very different place. I can almost foresee most choosing to lease/finance new cars and start again at the 3 year end. There’s just a dying number of what I’d call good cars about that people can DIY fix or have repaired reasonably.

Stuff is so complex and strangled by emissions control (which IMO is getting barmy anyway) that your average person who buys cheap old cars won’t have an option but to throw them away or flog them cheap when things go wrong.

Yes, they can be fixed but working in a garage the majority of punters just can’t afford to fix their ‘cheap’ car when they find out how long it takes to do the majority of jobs.

It’s a bit of a running joke from me where I work, after an hour of stripping stuff down to finally see what you want to diagnose I’ll say “And you wonder why I like my old Jap crap”.

 

[gez 172]

This is what’s ruining my interest in cars. It’s hard to buy a new’ish car now that isn’t strangled by wiring and emissions. I wouldn’t dream of fiddling with a hybrid car etc.

 

[botfch]

I dunno Tesla’s if anything look less complicated than a ICE car, it’s the future.

 

[R3k1355]

Yea for sure, the best way to get rid of all those complex emission control and hybrid systems is full EV.