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Volvo has a reputation to uphold; sensible, safe and reliable. But back in the nineties there was a revelation in the making. The shrewd Swedes had spotted an opportunity to loosen their shackles, and decided a performance car was the way to go.
Back in the nineties, Honda was looking to rejuvenate its racing ancestry. 1990 saw the launch of their everyday supercar, the NSX, which had design input from the one and only Ayrton Senna, and featured their famed VTEC engine. It wouldn’t be too long before this racing pedigree started filtering down to the more affordable cars in the range, including the Civic.
As car investors and enthusiasts we’re all well aware of how prices of the original BMW M3, the E30, have surged in recent years. Rarity, pedigree, and nostalgia have all combined to dictate asking prices of £70k plus, which, when you look at it objectively, is absolutely absurd. But can we expect to see prices of later M3 models heading northwards as well?
Ever since the 1950s, lightweight, front-engined, rear wheel drive sports cars have been an extremely popular choice for the discerning motorist. UK manufacturers Lotus, MG and Triumph (amongst others) all used this formula successfully for a number of decades, and the public loved it. These cars sat low on the road, had punchy engines and great handling; it was everything people wanted from a sports car, but there was an issue, and it was a big one. Reliability. British cars unreliable? “Surely not!” I hear you cry. But unsurprisingly it’s true.
Whether to buy a new or used car is a decision that all drivers have to make sooner or later. Monthly finance payments and maintenance costs will have to be budgeted for, and accepting your car will depreciate is usually a given. But if you’re not going to be racking up the miles in your car, is there a way to avoid that depreciation, and perhaps even make a profit when you come to sell?
Of all the things that serious car investors consider when buying a classic, many would conclude that a fully documented history is one of the most important aspects. But just how vital is it, and what can you do if your car has some gaps in its paperwork?