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Get yourself a 205 1.9 GTi - fantastic fun and good condition ones can be had for around £1500. Lots of pug specialist around to work on them and the worst you'd lose is a couple of grand.
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BH, that sounds good especially as the guy who services my Saxo is a Citroen / Peugeot specialist. I remember craving these cars when I was younger - are they still as good and as special as they were then? Or are they comparable to modern fuel injected hatches?
It would need to be the bright shiny red colour though I seem to remember these had a habit of fading badly on Peugeots of that era? Its also one of the few cars that I liked in white!
There is of course its big brother, the 309 GTI although I previously had two bog standard 309s. The 1600 carburettor one was truly awful.
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I have just one thing to say;
tinyurl.com/cgx9l
You know you want to.
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Adam
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A lot of the pug club i'm in regularly do track days and a standard 205 GTi will embarress a lot of newer more exotic machinery. At castle coombe recently a lad with a tuned 205 was easily outpacing Subaru's and Mitsi Evo's.
309's are a bit cheaper than an equivalent 205 as they're not as popular but if anything due to the slightly wider track they handle even better. The one to go for is a 309 GTi Goodwood - limited edition dark green metallic paint, full leather and a wooden momo steering wheel and gearknob.
Looking at some of the other suggestions this may well be the most cost effective bit of fun you'll have. A TVR at this money will probably need work, i can see Mini's depreciating quite a bit with the new model due and there is a lot of them available on the market. Supra? not bad but try enquiring about parts prices - trust me it will need parts! MX5? not too bad but can you handle the regular enquiries about your sexuality?
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Re MX5, if I manage to persuade SWMBO to go with this "project", I don't have a hope in hell of persuading her that she and the kids won't be fitting in!
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Bobby,
a) Either Mrs G is leaning over your shoulder and that's why you're pretending to not have seen the Supra idea - then you'll sneak out tomorrow and have a look at some
or
b) You don't like the Supra idea. That's fine - I respect your decision.
tinyurl.com/7d3w3
I really really respect it.
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Adam
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The problem with a supra is they just don't do corners - well not unless your name is Mr Drift King.
Have a look at some of these lovelies and see if these change your mind tinyurl.com/a3nac
And if the pictures don't do it for you have a look at the video section!
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Adam, re the Supra, I very much like "understated" cars, the Supras just shout "give me attention". Likewise if I was going for a 205 GTI, I would want an unmodded one if possible, one that looks like it just came out the wrapper if you know what I mean.
Guy at work has just bought a H Reg Fiat Uno Turbo , the only "signs" on it are a turbo decal down each side. From the back or front you would not know what it had under the bonnet but it goes like stink (he bought it to replace a B Reg XR2 !!
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There are two ways of minimising depreciation - buy a car that will be in demand when you want to sell and buy the cheapest car you can.
Low insurance group hatchbacks are always in demand because new/young drivers can't afford the insurance on higher group cars. Therefore a carefully chosen Corsa, Saxo or C2 (which are the cars of choice for the MaxPower generation) would make sense if you want something newish.
Otherwise follow the bangernomics model - the Audi Coupe 20v is highly regarded for its value and longevity.
I was reading a Subaru forum discussion about mpg and one poster had bought an old Seat Ibiza on eBay for £10 that he used for commuting (at 45 mpg) in the week and used his twin turbo Legacy at weekends.
I would suggest you follow the used adverts for 205 GTis and see how quickly they sell - that will give you an idea of how much demand there is and how firm the asking prices really are.
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Bobby
With the greatest of respect, don't spend any money until you have a new job!
Then.....
Well I was in Paris over the weekend and there seem to be lots of older intersting cars around in good condition, e.e. Peugoet 504 and 304 Coupes and a lovely 205 GTi 1.9.
I would go down the older route if it is for swanning around in. Something that sold tolerably well, but did not flood the market.
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Espada III - well if you have a family and need a Lamborghini, what else do you drive?
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Spend the least you can to get what does what you need it to do - no point in getting a Supra for 5 mile round trips to Tesco, and get a fun car when you've got a job again. Get a car with good MPG and low ins group?
Been down the redundancy route myself - tying up cash in wheels makes no sense to me.
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Fine fine. No Supra.
No need to rub it in!
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Adam
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What about a Land Rover? They seem to hold their value quite well.
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Gotta agree with Espada, don?t blow all than money on a car, not till you?re working again. Do you still get many royalties from your days in Bucks Fizz?
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What about a nice MK2 Golf GTi.
Tough and reliable. If you keep it nice then it should hold its value.
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First of all, I would only be going down this route once I had another job and the money definitely was "spare". 2-3 grand on a 205/309 gti sounds quite appealing to me I must admit.
[However, without being boring, the job situation may have slightly changed. We have been given our 90 days notice and told the shop will be closing and redundancy notices will be issued after the consultation period. A customer wrote to the Chairman to complain and got a letter back today telling her that they were actively trying to sell the store to another retailer!]
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How about a VW Mk1 Golf GTi?
Something on these lines:
www.tyresmoke.net/classifieds.php?ShowAd=1050
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What\'s for you won\'t pass you by
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SWMBO (who is an expert) would say if you get unexpected capital the rule is :-
1. Reduce your exposure to interest rate changes by reducing liabilities (e.g. pay a chunk off your mortgage and loans in that order)
Then and only then
2. Invest in very low risk investments.(you won't find any that pay the same rate as your mortgage)
3. Buying a car is never an investment and you can only mitigate your losses by buying new and exploit the tax breaks and business expenses to balance the books.
4. Only "invest" in a car if you can afford a potential money pit.
5. Buy a Landie. (my rule not hers)
PU
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How about a mini-Isa?
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What\'s for you won\'t pass you by
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How about a mini-Isa?
More tax efficient (obviously) but unless you have an exceptionally low interest rate on your MOrtgage or penalty payments for lump sums paid in pay off your liabilities.
apparantly MINI-Isa is really a BMW.
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MK II Jaguar - you'll nearly squeeze one in for that. An investment.
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Bobby - as and when your ready to look for a 205 let me know and i'll put the word round my Peugeot club.
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BH, thanks for your kind offer. I hope to be in a position maybe turn of the year to take it up.
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If you were in the market now i know where theres a lovely 205 1.9 GTi Dimma!
If you want more info on sporting pugs have a look here www.psooc.com
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