You should never buy a car in the hope that you’ll make money on it. The key is to buy what you like and if it rises in value to offset the running costs – well that’s just a bonus.
It won’t have escaped your attention that values of most classic cars have shot up over the past few years, but there are some that the market has either overlooked, or have the potential to rise significantly further.If you want to join us in the crystal ball gazing, tell us what you’d have added to the list – we’re sure there are more classics out there that deserve a higher profile. We include guide pricing for both the US and the UK, and there are market differences, mostly due to how many of a particular model were sold in that market. We start with the cheapest and work our way up.
Alfa Romeo Milano Verde (1987-1989)
The Milano (known as the 75 outside of America) was the last Alfa Romeo designed before Fiat adopted the brand and neutered it. Every US-spec Milano came with a V6, but the Verde model turned the performance dial up a notch with a 3.0-litre that sounded better than Pavarotti. It was quick, and it offered a near-perfect weight distribution thanks to a transaxle.Less than 1000 Milano Verdes were imported to the US, and good ones are increasingly difficult to come by. Plan on spending about US$5000 if you want to drive your car home rather than tow it. The 75 3.0 V6 is also rare in the UK, where prices start at about £10,000. The renewed interest in Alfa Romeo following the successful launch of the Giulia and the Stelvio ensures the Verde is a hit-in-the-making.
Audi TT (mk1, 1998-2006)
Even non-enthusiasts gravitate towards the original Audi TT. The more affordable variants didn’t pack a lot of power but they didn’t need to. It was the kind of head-turning car Audi could sell on looks alone, especially when fitted with the optional (and now rare) baseball glove leather upholstery. Well-preserved ones without an intergalactic figure on the odometer start at US$5000, or £2000 in the UK.
BMW E24 6-Series (1976-1989)
Stylish and very usable, the original 6-Series came with a selection of six-cylinder engines. Brilliant to drive, superbly built and capable of swallowing vast distances, it’s only the 635 CSi editions that are especially desirable, with the ultra-rare M edition already worth a big premium. From US$8,000 and £10,000.
Mazda RX-8 (2003-2012)
The Mazda RX-8 is the type of coupe enthusiasts lust after when it’s new and sell as soon as an even newer model comes out. However, Mazda threw a spanner in the depreciation machine by announcing it hasn’t even started developing its next rotary-engined, RX-badged coupe in 2012.Executives admit it could be years before we see an RX-9, and there’s a good chance it will arrive with advanced driving aids and some form of electrification. The RX-8 has neither, so it’s the last of a breed. Prices start at US$5000, or £1200 in the UK. If you’re in England, you could buy 15 RX-8s for the price of a brand-new Mazda MX-5 Miata.
Jaguar XK8 (1996-2006)
The all-aluminium XK that came in 2006 is a better car than the XK8 thanks to its superior cabin and a sharper driving experience. But it’s also still depreciating whereas the XK8 has hit rock bottom and is starting to climb again. The supercharged XKR is what everyone wants, especially in convertible form, but any car that’s in good condition with plenty of service history will prove a good buy. From US$8,000 and £5,000.
