Wheeler Dealers Stars' Tips For Spotting Classic Cars To Profit On
Collectible and classic cars are big business today. If you're fortunate enough to own a rare Ferrari, a limited edition Lamborghini or an Aston Martin used in a Bond film you're guaranteed to be quids in. But there are some cars that many of us have owned in the past that have now become unlikely collectibles worth a small fortune on today's market. To highlight which cars these are, we drafted in the hosts of the biggest car restoration show on TV right now - Mike Brewer and Ant Anstead from Wheeler Dealers - to identify four-wheeled treasure troves wheels. The new series of Wheeler Dealers will be on our screens from New Year's Day, featuring an array of restorations to bring potentially valuable cars back to their best. But what type of vehicles do the pair look out for when trying to identify the cash cow cars worth investing their time in?
We caught up with Mike and Ant to let us in on a secret or two on finding profitable classic cars. We can't ditch our cars yet! The Wheeler Dealers: 'Capris, Escorts, Cosworths - you name it, all of them are making good money right now. Mainstream cars like the Mk1 Ford Escorts (at one time the biggest selling car in the UK) are now making big money in the classic car world. This is Money: They're right, too. The Wheeler Dealers: 'Series 1 Land Rovers are sought after as the factory wants to buy them back and restore them Wheeler Dealers style. Land Rover will buy them back and using a modern production line completely rebuild the car like new. They call it a rebirth and then sell them for nearly 拢100,000! TiM: The Defender isn't the only old model Jaguar Land Rover will purchase back to fully restore. Series 1 Range Rovers and Jaguar E-Types are also in demand by the firm's new Classics department that now has new headquarters in Coventry.
Want a good condition Peugeot 205 GTI? The Wheeler Dealers: 'Think Mk1 VW Golf GTIs, Renault 5 GT Turbos and Peugeot 205 GTIs. If you鈥檙e a child of the 80s and you lusted after a hot hatch, you've probably thought about buying one. The problem is, good examples are now worth a pretty penny. Back in the 80s they weren鈥檛 seen as luxurious cars, they weren鈥檛 lusted after, so they were used and abused meaning the numbers for a nice low miles one are very small. You鈥檝e now got this big customer base of people that can afford to buy what they wanted as a child and not many of them out there. TiM: How collectible are these once fairly mainstream cars today? If you want a best-of-the-best Peugeot 205 GTI then expect to pay in excess of 拢30,000. That's right, a small French hatchback for the price of a new BMW 3 Series today.
Find a red Quattro that looks like Gene Hunt's and you're onto a winner. I did a show called 'For the Love of Cars' with the actor, Philip Glenister who plays Gene Hunt in Life on Mars, and his character drove an Audi Quattro. Now the Audi Quattro is just an average car in anyone鈥檚 mind, but if you鈥檝e got one and it鈥檚 the same colour as Gene Hunt鈥檚 off the TV it becomes more desirable because people love the show. TiM: We've seen plenty of cars being sold that have genuine links to celebrities, TV shows and even music videos. Does this Toyota Celica Supra look familiar to you? Probably not. But it was formerly driven by two-time 500cc GP motorcycle racer Barry Sheene. They鈥檙e buying the story, who owned the car, what did that car do before. The dents and the scratches on the car become acceptable then. If you鈥檝e got a car that has an interesting history, it鈥檚 going to be way more valuable than just a normal road going car. Alternatively, if you've got a bursting bank account, you could consider this 1964 Ferrari 275 P - the last works Ferrari to win at Le Mans that's being predicted to sell for a world record fee in February.
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