Diesel or Petrol Best For Future Investment?

[trikey]

Originally Posted by P-Nut

Wrong car for investment, upkeep will consume any gained value, the only ones worth investing in are the V8s



But to answer your question, the V6, it's more pure Rover rather than the BMW unit.

Don’t forget the 1.8, and definitely don’t invest in a V8 they are the worst money pits out of all the range!

[Mike Trident]

Originally Posted by Darcydog

WATCH OUT FOR ISA’s !!!!

Investment ISA’s - yes! - worth having. BUT Cash ISA’s are likely as not to give lower interest than some ordinary accounts and as you can have £1000 a year of interest with no tax to pay - Cash ISA’s are pretty much redundant.

Apologies for slight tangent!!

I pulled a few grand out of my Cash ISA's for that very reason. I put some cash into premium bonds, no interest, but could will a million lol.

I actually won a few small amounts last year that covered the "no interest"

[andymc]

For now, the UK's target date for bringing an end to the sale of new cars with an internal combustion engine is 2040, some fifteen years later than the likes of Holland or Norway and IIRC ten years later than France. In practice, most manufacturers will have switched from ICE only to either pure electric or hybrid long before then and it's realistic to expect a radical change in the market for new cars over the next 5-7 years. Any of our cars which have survived even to that point will be rare enough by then that the type of fossil fuel they burn will be of less relevance - by say 2025, increased fossil fuel duty, VED and urban emissions charges will gradually restrict their use as daily cars regardless. I suppose there's always the "convert it to electric" option, a mere snip at fifteen grand today ...

[MSS]

Originally Posted by Carbootboy

As title really, what are peoples thoughts on this?
If you had the choice of two identical Rover 75's or MG ZT's, same spec, condition, etc, but one was the Diesel and the other a Petrol, which would you buy and why?

Ordinary everyday cars are a rubbish investment. Buy one on the basis of what you wish to drive.

[Mike Trident]

Originally Posted by mss

Ordinary everyday cars are a rubbish investment. Buy one on the basis of what you wish to drive.

I am not so sure, Ford escorts are worth silly money, even basic models.

I would say, the MG will always be more collectable

[Groundsman Willie]

I think all of us have owned cars in our younger days that were considered clunkers or just 'old' and undesirable. And I bet we've all played the 'how much is it worth now?" game. This price rise is due to many of these wrecks being scrapped by us, creating a rarity in these cars, and now, people wishing to relive their youth fighting over the few that are left.
So, in order for me to be able to to make an obscene profit from my 75, can I ask you all to scrap your cars now, move onto Protons or Hyundais or whatever, and then in a few years realize what a mistake you made and try to buy another one. See you on eBay in 20 years.
Thanking you all in advance

[chris75]

Originally Posted by mss

Ordinary everyday cars are a rubbish investment.......

Excuse me We are talking about Rovers

[chris75]

Originally Posted by andymc

………. In practice, most manufacturers will have switched from ICE only to either pure electric or hybrid long before then ...

Imagine a street where every house has 2 electric cars , which need recharging every day or so . Then imagine the size of the electricity supply cables delivering all that "green" power …………..

[paul d]

Originally Posted by chris75

Imagine a street where every house has 2 electric cars , which need recharging every day or so . Then imagine the size of the electricity supply cables delivering all that "green" power …………..

Bring on the Hydrogen Cell cars I say


Regards

Paul

[topman]

I wouldn't buy either as an investment. buy one if you want something as hobby or just enjoy it. You won't make much of a return on profit on it.