Talking Motors: Better hold on to your investment!

Mazda Mx 5

Mazda Mx 5

How many times have we all decided that we are going to buy a car, look after it, keep it for years and when the time is right sell it to a collector for a huge sum of money because it has become a classic?

This trick can’t be done with just any car though, they will need to fit certain criteria and tick a lot of boxes before they will get anywhere near that mark.

So, what makes a car, classic?

The speed, looks and prestige all help a car along the way.

The McLaren F1 that topped 240mph, the Jaguar E-Type that wouldn’t look out of place in Monaco and any car bearing the prancing horse of Ferrari, are all regarded as classics.

But there is a bit more to it than that. A car need to be a trend setter!

The Mazda MX-5 brought two-seater, no roof, rear wheel drive fun to the masses at a cheap affordable rate in the 1990s.

And for the first time the original MX-5 has gone up in price since its production, while the BMW M5 and M3, which kick started the high-powered performance saloon cars, rightly cemented themselves in the automotive half of fame.

Jeremy Clarkson once wrote that ‘the Alfa Romeo 166, had a soul.’

It’s a strange thing to say about a car, but when it comes to a classic or a future classic he has a point.

A car will need to make you feel a variety of emotions.

It needs to excite you, scare you, confuse you but, when all is said and done and you come to sell the car, it wants you are sad because you miss it.

Gene Hunt famously arrested someone in the hit TV series Ashes to Ashes, because they shot up and killed his Audi Quattro.

The final piece in finding a classic is the question, what did it do in Motorsport? The Toyota Avensis won’t be able to compete with the Vauxhall Cavalier because the British Touring Car Driver, John Cleland drove a Cavalier and not an Avensis. The MG Metro and Peugeot 205 also found their way into the classic car catalogue due to their madness in the Group B Rally era, something so simple that defined their legacy.

If you do have a car that ticks all these boxes, it could be worth hanging onto for a little while longer.