What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks

Buying a sports car that won't depreciate - what do you suggest?

I'm thinking of spoiling myself and spending about £40K or more on a retirement present.

I currently run a 1999 Mercedes-Benz 320 CLK Elegance and have done so since 2001. Just had a new mass air sensor and its now going better than I can remember, so I may just carry on and keep the money.

What sports car would recommend that would not lose money long term?

Perhaps going for something like a Porsche Cayman R or a Lotus Evora S would be more sensible? Or a vintage sports of some sort? What do you think?

Asked on 18 March 2012 by johnwj

Answered by Honest John
Everything depreciates, even Ferraris, that drop to between £20,000 and £30,000, then start going up again. So the trick is to buy a Ferrari when prices for that model bottom out. 550s and 575s are now on the way up.
Dear Honest John,

Please help me choose my next car. I would like it to have:
    Select a few terms below
Similar questions
In early 2013, I bought a new BMW 640d M Sport Gran Coupe. I part exchanged it two years later for a new BMW M4. That cost me £32,000 in depreciation. I'm now thinking of selling my M4 at the three year...
I am in the very enviable position of spending up to £90,000 on a car and want something very sporty like a Lamborghini Gallardo. Although I need to want and like a car, what would you suggest is good...
When I eventually change my BMW Z4 35is, I think that the natural choice would be a Boxster S. However, I have no need for a practical car at all and wonder if a Morgan (perhaps a 2-litre 4-seater) would...
 

Value my car

Save £75 on Warranty using code HJ75

with MotorEasy

Get a warranty quote

Save 12% on GAP Insurance

Use HJ21 to save on an ALA policy

See offer