What's happening to the GTi's?

[hotrodjacko]

I've been looking around at getting another car and potentially coming back to the 306 fold with a GTi (that or a Clio 182), and since that 205 sold at Silverstone Auctions last month and Pistonheads put their buying guide up, there's three 6's on eBay at £8k+!

Time to buy?!

[Toms306]

Looks like you've missed the time to buy if they're on ebay at £8k.

Theres an Astor on facebok for £700 this morning though!

[Matt-Rallye]

Theres uber low mileage 1 & 2 owner gti's on ebay for 8k that are likely to end up in private collections so cannot really be compared to a 140k mile muncher blaze ph2.5 '6

That said i bought a £200 cherry rallye the other night with MOT until march 17 so prices cant be that steep

[Dum-Dum]

Matt your Rallye doesn't count, it's got no engine, wheels or suspension

[Matt-Rallye]

Matt your Rallye doesn't count, it's got no engine, wheels or suspension

It does! They just aren't fitted

[r3k1355]

Those Gti's on eBay at mental money are going to sit and sit and sit and sit.

The owner is going to either come to their senses and auction it off, or watch it slowly deteriorate.

[Poodle]

Those on ebay are speculators, they will happily leave it there for years until somebody bites.

[Toms306]

Doesn't it cost like £20 a month to keep a classified ad up though?

[Dum-Dum]

The prices on anything that could be considered a classic or future classic are rising and will continue to rise quite alot.

Top of the line classics are making good money as an investment which compared to banks and stocks and shares is starting to look like a very good option for people who don't want to invest in property. Because the top cars are making money the next tier down and the next tier down and the next tier down start to become desirable to people wanting them as investments. Because there is people wanting them as investments the prices rise.

[procta]

Also remember now that most are clocking 20 years old now, so they are starting to hit the classic car status. Tidy examples will be starting to rise. Wont be long for the rest of the 306 fleet starts to rise again. I am surprised that the Phase 1s are not going for someone money now!

[r3k1355]

Those on ebay are speculators, they will happily leave it there for years until somebody bites.

True, but you've gotta pay to keep it continually advertised and pay to store it properly, both of which cost your business money.
With it not being a high-end mega profit car it's really quite foolish sitting on it for so long, the final profit will be jack-all.

If you watch the market long enough you'll see these businesses come and go, they either realise you need to turn over cars to make money and pay bills or they don't and go bust eventually.

I'm not saying the prices of 306's and nice GTi's isn't going up, but it's no-where near the £8K mark yet.

[Matt-Rallye]

Those on ebay are speculators, they will happily leave it there for years until somebody bites.

True, but you've gotta pay to keep it continually advertised and pay to store it properly, both of which cost your business money.
With it not being a high-end mega profit car it's really quite foolish sitting on it for so long, the final profit will be jack-all.

If you watch the market long enough you'll see these businesses come and go, they either realise you need to turn over cars to make money and pay bills or they don't and go bust eventually.

I'm not saying the prices of 306's and nice GTi's isn't going up, but it's no-where near the £8K mark yet.

Someone sold a low mileage 106 gti the other week for 7k. Ive seen low mileage gti6 change hands for 6.5k recently and it was good but it wasn't as good as the ones currently for sale.

Im not saying your not right.. im just saying your wrong

[Cho99er5000]

Not far from where i live there's original 205 not gti just a standard 1.8d for £3,500 was 2,500 last year. he's had it for sale for years calls it Peggy he wants a purist to buy it. Hens the price he sed. http://www.colnecarcentre.co.uk/used-car...ancashire/

[Matt]

I'll hold onto the rallye for abit then haha

[r3k1355]

Not far from where i live there's original 205 not gti just a standard 1.8d for £3,500 was 2,500 last year. he's had it for sale for years calls it Peggy he wants a purist to buy it. Hens the price he sed. http://www.colnecarcentre.co.uk/used-car...ancashire/

He's got his head stuffed up his arse if he actually thinks anyone will give that kinda money for it.

Those on ebay are speculators, they will happily leave it there for years until somebody bites.

True, but you've gotta pay to keep it continually advertised and pay to store it properly, both of which cost your business money.
With it not being a high-end mega profit car it's really quite foolish sitting on it for so long, the final profit will be jack-all.

If you watch the market long enough you'll see these businesses come and go, they either realise you need to turn over cars to make money and pay bills or they don't and go bust eventually.

I'm not saying the prices of 306's and nice GTi's isn't going up, but it's no-where near the £8K mark yet.

Someone sold a low mileage 106 gti the other week for 7k. Ive seen low mileage gti6 change hands for 6.5k recently and it was good but it wasn't as good as the ones currently for sale.
Im not saying your not right.. im just saying your wrong

Just because a couple of mugs get fleeced doesn't mean it's setting the trend in the market.
and was this the low mile GTI-6 you saw sell, it went for £7k ????

Unsurprisingly the winning bidder never showed up and it's back up for even more money.

This other 306 sold for £8.4k, you can guess how that sale went as well.

[Matt-Rallye]

I don't think many people on this forum can comprehend the thought that those cars are being sold not for use as cars particularly!

There are private collectors who have that kind of loose change, see the rising value and want the best of the best while they still can for that money.

[r3k1355]

There's also a lot of people around who've got a bunch of money but don't know where to put it, it's much harder to put it into property now and there's no reason to leave it in the bank.
but the car market does shift around over time, some brands are a safe bet (Ford) while others are a more risky venture and need careful selection.

Here's a good example:

VW Golf Gti mk1 - safe bet, good strong value, plenty of demand
VW Golf Gti Mk2- safe bet, good value, less than the Mk1, but certain models pull big money
VW Golf Gti Mk3 - Totally f*cking worthless, some money in the VR6 but it's a f*cking hard sell

[Matt-Rallye]

There's also a lot of people around who've got a bunch of money but don't know where to put it, it's much harder to put it into property now and there's no reason to leave it in the bank.
but the car market does shift around over time, some brands are a safe bet (Ford) while others are a more risky venture and need careful selection.

Here's a good example:

VW Golf Gti mk1 - safe bet, good strong value, plenty of demand
VW Golf Gti Mk2- safe bet, good value, less than the Mk1, but certain models pull big money
VW Golf Gti Mk3 - Totally f*cking worthless, some money in the VR6 but it's a f*cking hard sell

The problem with your argument is your looking at current values, its difficult to predict the future but for example look at the way peugeot 205's have rocketed in value over the last decade, same for 106 rallyes & gti's. its not hard to imagine the gti6 / rallye will go the same way as prices have already started to rise, availability has already decreased and tidy low mileage examples are few & far between.

mk3 golfs are worth nothing now, but in 20 years time who knows?

Obviously this kind of investment needs alot of research and knowledge behind it, and its incredibly model specific! for example a gti6 will always be worth more than an XSi.

[hotrodjacko]

I agree thinking it's people with more money than sense if they're gonna pay silly money for it. Also reckon it's a good time to buy as a potential investment.

Will it make a good daily though - miles will go up and the appreciation won't be as good (not that appreciation is something to look for on a daily, in my eyes).

[Eeyore]

if you look at hte gti6 buyers guide you can see the engine bay of the diablo ph3 6. Its not even nice. Its just bog standard unrestored. I was expecting to see it gleaming.

[Paul Baldwin]

http://www.thisismoney.co.uk/money/cars/...phill.html

Maybe a case of history repeating itself one of the days? The banks are paying 0.1% on many "savings" accounts, people are putting there's elsewhere in many places in the economy as a speculative punt. Be it Land Rovers, classic tractors, cars, property. Rainy day money for many, pension fund etc
I remember E-type jags going for £100,000 many moons ago and did they take a fall!

[chylledapps]

I just wish I had bought a Corrado when I had the funds, shocking prices now

[ozonehostile]

if you look at hte gti6 buyers guide you can see the engine bay of the diablo ph3 6. Its not even nice. Its just bog standard unrestored. I was expecting to see it gleaming.

It's the same on all the mega high price eBay ones too. Really average condition cars with filthy engine bays, broken a/c etc

[r3k1355]

There's also a lot of people around who've got a bunch of money but don't know where to put it, it's much harder to put it into property now and there's no reason to leave it in the bank.
but the car market does shift around over time, some brands are a safe bet (Ford) while others are a more risky venture and need careful selection.

Here's a good example:

VW Golf Gti mk1 - safe bet, good strong value, plenty of demand
VW Golf Gti Mk2- safe bet, good value, less than the Mk1, but certain models pull big money
VW Golf Gti Mk3 - Totally f*cking worthless, some money in the VR6 but it's a f*cking hard sell

The problem with your argument is your looking at current values, its difficult to predict the future but for example look at the way peugeot 205's have rocketed in value over the last decade, same for 106 rallyes & gti's. its not hard to imagine the gti6 / rallye will go the same way as prices have already started to rise, availability has already decreased and tidy low mileage examples are few & far between.

mk3 golfs are worth nothing now, but in 20 years time who knows?

Obviously this kind of investment needs alot of research and knowledge behind it, and its incredibly model specific! for example a gti6 will always be worth more than an XSi.

but it's not just age that drives price, the car has to be something special in the first place to be able to really command a high value (and maintain it)

You can understand why the early hot hatches command good money, they were groundbreaking vehicles - especially in this country.
but you get a little bit later on, or 'not so hot' hatches, does anyone really care to collect them - did anyone really 'lust' after them like they did a 205 or a Golf Gti??

The Gti-6 will appreciate, but will the Xsi?
and will their values settle at something decent, or just get driven by people being silly?

[Ben_w]

I have been saying for a long time that the market for clean, factory standard spec cars is only going to get stronger. Its already heading that way. Its also part of the reason for my resto being as OCD as it is.....

[procta]

I have been saying for a long time that the market for clean, factory standard spec cars is only going to get stronger. Its already heading that way. Its also part of the reason for my resto being as OCD as it is.....

I agree ben, The 306 isnt as common as it was, 5 years ago is it. Most now are on clocking on 20 years old onwards. I have seen this happen with the metro side of things, 8 years ago people were modifying them and breaking them. Now its not really common at all now for people to modify them or break them. The quest is now to save as many as possible, no matter what model or year it is. That's all down to a new club that kicked off in 2008.
Something i think that really needs to start to happen now on here, before most vanish off our roads. I tell you lads it will happen. The club needs to start to change its ways really now, and try and start to save as many now. Also start to pushing for the big events like its 25th birthday, as no one did even mention the 20th birthday of the 306.
At the moment, i cannot see where this club is going sadly.  Sorry to sound shit about the club but can anyone tell me?

[Blaze Addict]

I have been saying for a long time that the market for clean, factory standard spec cars is only going to get stronger. Its already heading that way. Its also part of the reason for my resto being as OCD as it is.....

I agree ben, The 306 isnt as common as it was, 5 years ago is it. Most now are on clocking on 20 years old onwards. I have seen this happen with the metro side of things, 8 years ago people were modifying them and breaking them. Now its not really common at all now for people to modify them or break them. The quest is now to save as many as possible, no matter what model or year it is. That's all down to a new club that kicked off in 2008.
Something i think that really needs to start to happen now on here, before most vanish off our roads. I tell you lads it will happen. The club needs to start to change its ways really now, and try and start to save as many now. Also start to pushing for the big events like its 25th birthday, as no one did even mention the 20th birthday of the 306.
At the moment, i cannot see where this club is going sadly.  Sorry to sound shit about the club but can anyone tell me?

Procta I've also seen it happen in Ford circles too. In 5 years time I think people will be regretting binning off some of the cars they are right now. Invariably the price of one car starts to rise when it's predecessor becomes out of reach to normal common buyers

When I was messing about with Fords from 2001-2006 you could buy a tidy XR3i for under a grand- nobody cared for them as the 'in thing' at the time was Mk2 Escorts in any colour and flavour but within a matter of years the supply of nicer Mk2's dried up and those coming to market went out of most peoples price league and then the run started on XR2/XR3's/RST's instead.

If 205 GTi's keep going the way they are then demand for something cheaper- but still in keeping- will rise and the GTi-6 is bang in the crosshairs imho.

I wouldn't want to guess what will happen with Rallye's they're a bit more of a niche and in normal circumstances didn't attract much of a premium price over a 6 but on the other hand they'll be uber rare

[Ben_w]

Personally, I think the Rallye market will be as strong, if not stronger than the 6 market.

The Rallye series of cars (106, 205 etc) have always been held in high regard as being proper drivers cars. I don't think people do, or ever will, hold the 306 dear for its options, creature comforts etc. Like the 205, they were about the driving experience. The Rallye was supposed to take that experience and further it (quite how much it does/did is another discussion) but the thought was there. It wouldn't make a difference to me if a car renounced for its point to point capabilities had fogs or air con or not.....they don't enhance the drive or handling for me. Thats how I see the Rallye market being seen. Limited edition always adds an interesting aspect too.

[procta]

what might happen, that has happened with the cosworths is some are been reshelled into basic cars, that might happen to the rallye. HDI been used to rebody a rallye.
in 5 years time what you think will be the status of the 306? The club is far quieter now than it was last year, and a lot of faces have moved on. dot net I cannot see been around much longer now sadly.

[Ben_w]

Cant say as I disagree Procta......cars will become rarer and rarer, forums get quieter as they do. The GTi6/rallye forum is a far quieter place than it used to be. Body panels are already thin on.the ground which is why im starting to buy spares incase the unthinkable happens.