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View Full Version : Harry Metcalfe's predictions 2010 v 2015


PeteGray
29-04-2015, 10:08 AM
http://www.carsourcing.com/#!Harry-Metcalfes-2010-Investment-Predictions-Revisited/c1ocn/554064c10cf2836c88039abb

Interesting little article showing Harry Metcalfe's (founder of Evo and apparently serial car purchaser) top five investment picks from 2010 and how they have done.

CSL is the last one and looks like it hasn't filled it's potential in comparison to the others.

73CSL
29-04-2015, 10:15 AM
its only really the F40 (which I think everyone knew was possibly going to rise ) & the GT3 that have made big jumps

I had the opportiunity of buying a 996 GT3 at the £35K mark, bought a 996 turbo instead as it was more suited to what I needed at the time ... I knew the GT3 was going to be the better buy as it would holds its value, never guessed it would rise as it has. Sold the turbo & bought the CSL .. so here'e hoping :hahaha:

mattCSLnut
29-04-2015, 12:27 PM
its only really the F40 (which I think everyone knew was possibly going to rise ) & the GT3 that have made big jumps

I had the opportiunity of buying a 996 GT3 at the £35K mark, bought a 996 turbo instead as it was more suited to what I needed at the time ... I knew the GT3 was going to be the better buy as it would holds its value, never guessed it would rise as it has. Sold the turbo & bought the CSL .. so here'e hoping :hahaha:

At the moment the 996 Turbo seems to be gaining value quicker then the CSL :banghead: Before I finally pulled the trigger on my CECIL back in '09 I toyed with the idea of a late 2003 Turbo but couldn't decide if I wanted a Manual or a Tiptronic as both seem to have their pros and cons. I tried a bit of "Man Maths" to see if I could have both (that's CSL & 996T) but The Boss put me straight with one simple 2 letter word that started with an N and ended with an O :bigcry:
I still fancy a bit of Turbo Pork :smt055

CraigMillwardCroft
29-04-2015, 04:19 PM
At the moment the 996 Turbo seems to be gaining value quicker then the CSL :banghead: Before I finally pulled the trigger on my CECIL back in '09 I toyed with the idea of a late 2003 Turbo but couldn't decide if I wanted a Manual or a Tiptronic as both seem to have their pros and cons. I tried a bit of "Man Maths" to see if I could have both (that's CSL & 996T) but The Boss put me straight with one simple 2 letter word that started with an N and ended with an O :bigcry:
I still fancy a bit of Turbo Pork :smt055

Do no in a Womans terms mean YES :whistle:

PeteGray
29-04-2015, 04:28 PM
At the moment the 996 Turbo seems to be gaining value quicker then the CSL :banghead: Before I finally pulled the trigger on my CECIL back in '09 I toyed with the idea of a late 2003 Turbo but couldn't decide if I wanted a Manual or a Tiptronic as both seem to have their pros and cons. I tried a bit of "Man Maths" to see if I could have both (that's CSL & 996T) but The Boss put me straight with one simple 2 letter word that started with an N and ended with an O :bigcry:
I still fancy a bit of Turbo Pork :smt055

I had to scratch the itch and bought an 04 996 Turbo recently. Great car. I think the CSL is due a lift in price soon as anything comparable seems to have left it behind.

MisterCorn
29-04-2015, 06:01 PM
Another '04 996 turbo owner here, had it for 4.5 years, currently running about 670hp. It is massively quick but can't match the throttle response and sound of the CSL. The BMW just feels so much focussed and the performance is more usable. Great to have the choice.

MC

73CSL
29-04-2015, 06:22 PM
as said, the Turbo is a great car ... but it misses that 'something' that the CSL or GT3 has. I never felt any kind of emotional atttachment to the Turbo.

chrisburns
29-04-2015, 07:46 PM
I hate to say it but whilst I don't believe the CSL will de-value any time soon I think as the years go by the margins in milage will make a huge difference to value.

Cars with very small milage I think will soar in value whereas average milage cars wont.
Its nothing different to any other marque really.

shimmy
29-04-2015, 07:59 PM
I hate to say it but whilst I don't believe the CSL will de-value any time soon I think as the years go by the margins in milage will make a huge difference to value.

Cars with very small milage I think will soar in value whereas average milage cars wont.
Its nothing different to any other marque really.

Well thanks a lot! :bigcry:

glendog74
29-04-2015, 08:11 PM
I hate to say it but whilst I don't believe the CSL will de-value any time soon I think as the years go by the margins in milage will make a huge difference to value.

Cars with very small milage I think will soar in value whereas average milage cars wont.
Its nothing different to any other marque really.

Whilst I agree in the main, have you seen the prices commanded by high mileage (>100k miles) E30 M3s lately?

chrisburns
29-04-2015, 10:36 PM
Well thanks a lot! :bigcry:

dont cry, Shimmy. You'll never sell yours !

Whilst I agree in the main, have you seen the prices commanded by high mileage (>100k miles) E30 M3s lately?

Yes true, but have you seen the prices of the low milage ones :hahaha:

mattCSLnut
30-04-2015, 12:37 AM
I hate to say it but whilst I don't believe the CSL will de-value any time soon I think as the years go by the margins in milage will make a huge difference to value.

Cars with very small milage I think will soar in value whereas average milage cars wont.
Its nothing different to any other marque really.

Sorry Chris but I disagree ;) CSLs were made in very limited numbers, UK RHD even more so @ 422. After 10+ years only around 300 exist (maybe fewer) so the numbers are already dwindling. As these numbers reduce further, mileage (or should I say the odometer reading) will not have much of an impact on the selling price as demand will outstrip supply. Most owners will be returning their CSLs back to OEM (some are already) as this is what sells the easiest. Potential buyers will be buying purely on good condition, originality & impeccable service history... if they aren't already. Mileage or like I said earlier "the odometer reading" is only an issue if you suffer from the British Leyland mentality.
All IMHO of course ;)

chrisburns
30-04-2015, 01:53 AM
Valid points Matt indeed, could go that way for sure and thats why I said I don't believe values are going to fall in any way.

I merely think the distance in pricing between high milage cars and low milage cars is going to widen a lot as the years roll by.

Guess we will have to wait and see.

nw99
30-04-2015, 07:58 AM
Good article thanks for that . When you consider the car was £60,000 odd new in 2003 then the low mileage cars have plenty of room to appreciate if they are to catch the others up in price gains.