The modern cars destined to become future classics and soar in value
The majority of car owners are forced to accept the fact their vehicle will depreciate in value - but not everyone will lose money on their motor
ACCEPTING the fact that your vehicle is going to depreciate in value is the tough reality for most car owners.
But not all motors are destined to lose you money on your investment.
Vehicles that offer great value for money, have a strong cult following or are simply solid runners can end up falling into the "classics" category.
Classic motors can attract a hefty sum when it comes time to sell, decades after they first hit the road.
And experts at HPI have revealed the cars they think are most likely to become future classics.
While the models aren't guaranteed to go up in value, their values are currently holding steady, suggesting they could be a sensible investment purchase.
Models tipped to become future classics that could soar in value
HPI has identified the following 10 models as potential future classics, which could earn their owners a nice return on their investment:
- Ford Fiesta ST-200
- BMW Alpina 5 Series
- Audi TT Quattro 3.2 V6
- Toyota IQ
- Volkswagen Phaeton W12
- Range Rover Sport SVR
- BMW 1M Coupe
- Honda CR-Z
- Ferrari F430
- Alfa Romeo Stelvio Speciale
Jeremy Yea, HPI senior valuations editor, told : “We’ve identified 10 models that not only perform well but also represent excellent value for money.
"That makes them a hot prospect for motorists looking to gain a healthy return on their investment."
Some of the models most likely to hold their value aren't the most expensive, either.
Britain's favourite car, the Ford Fiesta, is at the top of the list of potential future classics - but the sheer volume on the road means only certain versions are likely to attract future enthusiasts.
The limited production ST-200 is one of the most exciting editions to drive, with a boosted 313bhp engine.
Already second-hand variants are selling for more than the car's original starting price.
The popular Audi TT has stood the test of time, with hundreds still selling online some 20 years after the model was first released.
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Well-kept models can fetch more than £15,000 now, with prices expected to rise in the future.
Even Toyota's affordable IQ city car has been tipped as a potential earner, due to the limited number on the road.
And supercharged editions of the Range Rover Sport are expected to hold their value, with bespoke used models changing hands for more than three times the original price.