Could you be driving a future goldmine? Ford Focus ST170 tops list of cars tipped to become collectable in 30 years’ time.
WhoCanFixMyCar.com, the UK’s largest online garage and car repair marketplace, has teamed up with classic car expert Graham Eason of Great Escape Cars to compile a hot list, along with a set of guidelines for prospective buyers.
Top five cars most likely to become future classics are as follows:
1) Ford Focus ST170 – £1,000-£2,000
Why? The Ford Focus followed in the footsteps of the famous first-generation Ford Escort, resetting the bar for family car handling. Prices have begun to pick up in recent months and will more than likely continue to rise as people rediscover the value of this underdog.
What to look out for? They are generally well built and reliable cars, however electrical gremlins and hidden rot are the main issues to look out for. The ST70 has been on the lower end of the pricing scale for a while so the likelihood is many won’t have been maintained well or will have been messed about with in some way. Unmodified versions will be rare, but much more valuable in the long run.
2) Jaguar XJS V12 – £9,000+
Why? Convertibles have already shot up in value and the prediction is that coupes will soon follow. The V12 is arguably Jaguar’s greatest engine while the XJS model is a superlative GT car – the combination is gold. As with the Focus, good condition models are rare, so if you are lucky enough to have one in your garage, you’ll need to look after it to make a pretty penny.
What to look out for? As a buyer, you should know that the V12 engine is prone to head gasket failure and the XJS bodywork can rot easily, so poor maintenance can lead to some pretty hefty bills. If you own an XJS, make sure you take your car to a reliable garage regularly to keep everything in good working order.
3) Fiat Coupe 20V Turbo – £1,400+
Why? The Coupe 20V Turbo is arguably the prettiest and most capable Fiat of the last 30 years. It’s scintillating performance, clever interior detailing and practicality as a four-seater car has no-doubt left a lasting impression on petrol-heads and will see it appreciate over the next three decades.
What to look out for? Rust and neglect. The engine is durable and capable of high miles but needs regular servicing. The body rots around the arches and because these cars are on the cheap side, they have often been poorly repaired. Parts supply can be difficult although there are specialists around and a good owners’ network.
4) Aston Martin DB7 V12 – £20,000+
Why? All Aston Martins appreciate – the DB7 is no different! The model has been unloved for a while due to its Jaguar XJS underpinnings, however that will change. It’s best to avoid the six cylinder cars as they will be much slower to increase; ideally go for a Vantage convertible.
What to look out for? Poor maintenance is the main issue with Astons as cheap cars tend to mean owners with shallow pockets. Be ready for big bills. An Aston Martin needs a recognised specialist servicing it to maintain its value.
5) MGF – £1,000-£3,500
Why? It’s easy to laugh at, but once upon a time MGBs were worth peanuts. Once the glut of ropey MGFs have been cleared out, the remaining cars will appreciate – in fact, this has already begun. They are a cheap, capable and fairly reliable weekend convertible and there aren’t many modern classics in that category.
What to look out for? There’s a trend appearing here – rust is a big issue with the MGF. Head gasket failure is another one to watch out for and while easy fixes are inevitable, it tends to happen more often than not. Finally, the quality of the build in later cars is just not the same, so you shouldn’t pass up an opportunity to purchase an earlier model.
For the full list of the Top 10 cars which could fetch a high price in 30 years’ time, and a set of top tips for maintaining and purchasing these cars, visit www.whocanfixmycar.com
“It’s always interesting to hear which cars people believe will be worth a small fortune in a few decades, but there is a real chance that thousands of people could own a future collectable,” said Graham Eason.
“At Great Escape Cars, our fleet covers everything from 1950s Morris Minors to 2006 Aston Martin DB9s and while many people wouldn’t have given those cars a second glance all those years ago, today they’re worth tens of thousands of pounds.
“Cars such as the Jaguar XJS V12 and the MGF that are unique, reliable and great fun to drive have already begun to appreciate and we’re likely to only see their value rise.
“However, cars like these must be properly looked after, not only to retain their value but for them to appreciate as the years go by.”
Al Preston, co-founder of WhoCanFixMyCar.com, added: “We always recommend keeping your car in the best condition you can, especially if your make or model is rising in value, such as those above.
“A big part of that is finding the right garage. We would always encourage savvy motorists to use WhoCanFixMyCar.com so they can compare quotes and reviews to make an informed decision.
“This list goes to show what a fantastic investment cars can be. You never know, you could be sitting on thousands of pounds – if you ensure that your car is kept in good working order, of course.”