Is your car a potential future classic? Perhaps you've bought it in the hope that its value will eventually climb (or at least that's what you've said to try and persuade your partner to sign off on the purchase...).
Car data firm Cap HPI has put together a list of potential future classics – it has found 10 cars that are relatively cheap to get hold of, are holding their values and could become collectors’ items in the future, representing a potentially good buy for people willing to make an investment.
HPI's motoring expert Clive Wilson said: 'Classic cars have shot up in value over the last few years and in many cases represent a great investment opportunity. Classics in particular are snapped up by collectors and enthusiasts, so prices are constantly on the rise. The trick is how best to spot trends before they take place and maybe even try to redefine what is actually recognised as a classic. Future classics don’t necessarily have to be decades old, luxurious or expensive to begin with.
'Values of the Vauxhall VX220 and Westfield sports cars have risen consistently over the past few years and worth keeping an eye on as we believe they will continue to rise in value. Whether it’s a particularly interesting or unusual design feature or has an element of engineering integrity behind it, picking up an affordable car now could potentially provide a healthy return on the original investment as it takes on classic status.'
|Future classic car||Current value range|
|Peugeot 205 GTi||£4,000-9,000|
|Audi TT MKI 3.2||£3,000-6,000|
|Alfa Romeo GTV||£1,000-6,000|