Prices now seem to be going up 10% per cent per annum.
So, a £10k car is going to cover basic running costs over the next year - and maybe more thereafter.
Makes sense to keep......and enjoy...muchly.
Can't say that about many cars in that price bracket

 

I was offered £8.4k for a late 06 with FSH and 37k milage unseen, upped to £9k when they saw it in February. I have just had a call offering £11.5k. If only there was a car to replace it with without having to spend another £30k+. I guess that I will be keeping it and spending more money on it.

 

I luv this! Very nice point mate!
I'll hold onto mine with a deathgrip muhahahahaha

 

Wise choice..

 

from what im seeing at the moment I think your right, good examples are holding their price very well and do seem to be moving up in value from last year.... all the better for us boys

 

Its good that there is some noticeable appreciation.
I expect this means it may be worth being a bit more security aware. With prices going up its a no brainer that some of our more dishonest citizens will want to get their hands on them without any financial outlay.
I'm starting to think a tracker device might be a good investment.

 

No way am I parting with mine !!! - got it back on the road after it's Winter break since October and I haven't smiled as much since then It's like house prices really, houses are for living in, cars are for driving - that's where you get your "value"

 

Ive been looking for an s2000 since around October last year. Certainly in the past month good examples have been commanding a nice premium. Id say they are holding their value well and clean examples will always be sought after = higher premium.

 

Maybe, if you don't use it. I get through more in petrol in a year than my car is worth, and the high values are only for cars that haven't been used.

 

Your car isn't appreciating; the currency is depreciating.

Cash is King useless.