Identifying future classic cars can be a tricky business but knowing what to look for will help future proof your investment. Buying future classic cars is great with hindsight, but in the moment it is a big commitment to invest your money into a car and not know what the return on investment will look like.
What to look for in a future classic
While it may seem obvious that the Jaguar E-type of yesteryear was going to be a future classic, it can be more difficult with modern cars. Some signs are more obvious than others – i.e. the way it looks. If the car isn’t attractive it simply won’t be desirable, either now or in the future. Alongside looking good, the car needs to be fun to drive – that is after all the point of owning a classic car.
Other things to consider are slightly more difficult to pin-point. With the drive towards renewable energy sources, investing in a car that has revolutionary power source technology could stand a chance of appreciating in value – even as technology advances, the technology in the car could in the future be deemed as “cutting edge for its day” and make it an instant classic.
Obviously, there are no absolute guarantees about which cars will become future classics, but if you’re ready to invest, but don’t have the readily available capital, it might be worth considering your finance options from a company like Go Car Credit to assist in the purchase of your future investment.
Top picks for future classics
The humble Corsa is celebrating 27 years on our roads and this supermini has future classic credentials by the bucket load – most notably thanks to its sleek styling and plethora of cool onboard tech, not to mention it’s one of the most fun cars anyone can drive. This updated Corsa has a grown-up feel, and unlike previous versions that were favoured by new drivers, the new Corsa can be enjoyed by anyone. Thanks to its intuitive gearbox, driving is pleasurable, especially with in the manual version.
The latest incarnation of Skoda Fabia sees the car get a makeover of sorts. With subtle styling details that make the car cool, Skoda has also ditched the diesel – helping to future proof your purchase. Renowned for making reliable automobiles, the Fabia is currently one of the most reliable cars on the market, and as Skoda continues with its global domination in the small hatchback market, the Fabia is leading the way.
Peugeot began building their famous hatchbacks back in 1976, and whilst there have been various versions throughout the decades, it seems the 208 epitomises this typically French brand. The newer version of the 208 has a sleek and sporty design – and wouldn’t look out of place winding its way along the coastal roads of the Riviera. Thinking of the future, Peugeot has used cutting edge eco-technology for the e-208 version, not to mention its futuristic i-Cockpit.
Ultimately, if you are serious about investing in a future classic, it’s worth doing the research and gaining the advice of industry experts, and car enthusiasts.