To say the last 20 months haven’t exactly gone to plan for the vast majority of us may well be the understatement of the decade, and one of the things we have learnt from all this is that you never what’s going to happen next. Now, this isn’t to say we should all throw caution to the wind, cash in our pensions and live like the world is going to end tomorrow, as I’m fairly certain it isn’t. It has, however, given a lot of people that little nudge to just go out and do that one thing you’ve wanted to do your whole life but never been brave enough. That may be to build that camper, get that dog, grow that moustache – and for what seems to be a growing number of people out there – buy that car.
With a combination of working from home more, Britains thirst for a “side-hustle” and people attitudes changing in general, we have noticed an increase in people ditching that boring diesel commuter and buying the car they’ve always wanted. Whether it’s an E-Type from the 60s or a mid-90s Porsche 911, demand for older cars seems to be growing and it seems to be growing the most in the modern-classic / young-timer category. Cars that’s aren’t old enough to be considered true classics but also not new enough to be vulgar or crass. We’re talking cars from the late 1990s and early 2000s.
So, why are all these cars suddenly becoming such hot topics? There are a multitude of reasons as to why these cars are now in high demand and one is that the people who grew up with them on their bedroom walls can now finally afford them. Cars of this era are starting to hit that perfect point for buyers where they have depreciated enough that in reality, the only way is up for future values, the looks have gone from shiny-new and exciting, to dated and now are at the point of looking their best and finally enough years have passed to almost thin out the crowd so finding a well maintained, honest and solid example of your dream noughties car shouldn’t be too taxing.
For me, car design peaked between 1994 and 2004. A decade of design that started with the Porsche 993, Ferrari F355, P38 Range Rover and that ended with the Porsche 996, Ferrari 360 and L322 Range Rover – with the likes of the Bentley Continental GT, Aston Martin DB9 and Rolls Royce Phantom VII appearing along the way. A lot of these cars didn’t go down well at the start and had rocky times with regards to the looks and personas, but they’ve all grown old gracefully and are now becoming very desirable.
It’s not just the high tickets items that have bloomed in the last few years either, cars like the BMW Z3, Jeep Cherokee and Audi TT are all looking really good right now and as a result, their values are starting to rise.
Over at Well Driven Consignments, we’ve seen a huge increase in enquiries on our cars built in this 10 year period and, to be honest, it gets us really excited. It’s an era of car build and design that we both know well and we love to talk about and the enthusiasm we’re seeing in our customers tells us clearly that there really is no time like the present to start snapping up these cars before they become unobtainium.
There’s something reassuringly modern about a car designed in this period. There were some huge leaps in technology around this time and it felt like we were seeing innovation as we’d never seen it before. This means that buying a car from the late 90s / early 2000s isn’t as terrifying as buying a classic car from the 60s with regards to needing a specialist to work on it, but they are also not as gadget-laden as cars built in the last few years but still modern enough to have things like working air conditioning, a decent radio and some creature-comforts like electric windows, cruise control and power roofs. Literally the perfect time.
It’s also a time before unnecessary screens and touch-sensitive buttons. Cars like the L322 Range Rover, W215 Mercedes CL500 and D2 Audi A8 did have screens, but they also still had tactile buttons you could physically tough and operate safely whilst driving. And at the other end of the spectrum, cars like the Ferrari 360 and Maserati 3200GT had manual gearboxes and thumping great naturally aspirated V8s. The internal combustion engine’s days are well and truly numbered, which we all know is for the greater good, but that doesn’t mean we can have some fun before we bid it farewell. Right now there are some fantastic cars to buy for the same price as a new Hybrid Mercedes or Audi so why not take the plunge and buy that Quattroporte you always dreamed of, or let the wind blow through your hair in that 996 Cab you told yourself you’d buy when you could.
Now for the shameless self-promotion – we currently have some incredible cars on our Consignments page and this week celebrated our 150th listing. We have something for every taste – from a Ferrari F355 GTS to a Porsche 911 Flatnose, a Bentley Arnage to several Jaguar E-Types and a whole plethora of other fabulous vehicles so please do have a look through the page and get in touch if anything takes your fancy.
Similarly, if you are looking to sell your car, please get in touch and we would be happy to discuss the options with you. You can follow everything that goes on across the Well Driven world by following our various social channels listed below:
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