Investing (?)...

[ElectricMachineHead]

I found a couple of threads, on the same topic, but they were quite old.

Any new opinions on this?

I'm wanting to take some money out of a pitiful savings account, and invest it into something that I can actually enjoy.

(Keeping in mind that I'd rather put this money into a Ford, over other makes)

Being in Australasia (I'm in NZ), I'm guessing the best Investments would be Australian Ford's. Correct that if I'm way off.

FPV? X series Falcon? Escort/Cortina (proportionately)?

Is there a general consensus for what may be a safe bet?

[ElectricMachineHead]

I've seen a cheap F6, but it's been modified and the owner doesn't have the original, replaced parts anymore. I don't think it would be very cost effective (or possible) to round up these parts to restore originality to this particular car.

I've learned the hard way about how much you lose when modifying.

However, the more original F6's I've seen are about double the cost.

Not to mention, it's a BF, and from what I've the BA will be worth more.

This gamble on investing has a few more layers of planning, and research, than I'd expected.

[Citroënbender]

Have you considered the real costs of ownership and safekeeping? Insurance, garaging, preservation/maintenance?

[ElectricMachineHead]

Originally Posted by Citroënbender

Have you considered the real costs of ownership and safekeeping? Insurance, garaging, preservation/maintenance?

Yes, I have. I've taken all of that into account, thinking "outgoings vs possible revenue".

It's working alright for me so far.

In addition: I'm able to do a lot of the/any required maintenance or repairs myself, and I get a significant discount on parts through my workplace.

However, I've currently exhausted storage space, so I'm in the process of finding more. I've previously found this to be the biggest expense.

[kevino]

no and no.
Buy shares in Ryman Healthcare.
Ageing population.

[BENT_8]

Unless you're dropping 100k+ on a 60/70's GT you're probably 18 months too late.
The market for modern collectibles has been super heated over the last year or 2 and is starting to settle or decline, not sure theres much room for any worthwhile growth once you factor in costs.

[Swordie]

I’d go talk to people with expertise in car values such as Shannons or equivalent in NZ for advise on car to buy.

When purchasing a car there are other costs such as interest on purchase, insurance, repairs and servicing to consider. I don’t think you can drive an investment car much as kms need to be kept low. It will be important to keep it somewhere safe and out of the weather.

Interested rates have been rising allot in Australia in the last few months. This is putting downward pressure on prices, this could be a good time to wait as some cars may drop price. Im not sure what is happening in NZ.

If you wanted something for fun (not pure investment), not really expensive and will have a good chance of going up over a long period of time there will be array of cars to choose from. For example a BA Falcon Turbo.

[roKWiz]

Originally Posted by kevino

no and no.
Buy shares in Ryman Healthcare.
Ageing population.

Or Chinese electric car manufacturers.