Will P38's become appreciating Assets ?

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gfromleeds said:
I remember top gear doing a piece on fuel efficiency
they proved a bmw m3 is more economical than a small economical car (cant remember what it was)
they drove the eco car at race speed round the track and the m3 just had to keep up!
The m3 used less fuel
just shows its not what you drive its how you drive it
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I used to be able to get my MR2 down to 10mpg on the race track, that's a 1600cc 126bhp twin cam petrol engine for those that do not know:eek:
 
Datatek said:
I used to be able to get my MR2 down to 10mpg on the race track, that's a 1600cc 126bhp twin cam petrol engine for those that do not know:eek:
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That was the point in the piece. The Prius was being driven to within an inch of it's life, the M3 was able to just coast around and keep on the tail of the Prius. You could buy the most economical car in the world, if you don't drive it as such, you'll get **** returns.
 
Just been browsing the bay as i often do and came across a few very high value P38's, most of them because they are very rare limited editions or last off the line models but then i find this, that to me is a base model in really good condition, valued mainly on its mileage of 70k.

http://www.ebay.co.uk/itm/Land-Rove...732?pt=LH_DefaultDomain_3&hash=item2ee0602c0c

This has got me thinking am i just throwing money away by doing 2000 miles a month in my 91k DSE with history?
 
benthomas said:
Just been browsing the bay as i often do and came across a few very high value P38's, most of them because they are very rare limited editions or last off the line models but then i find this, that to me is a base model in really good condition, valued mainly on its mileage of 70k.

Land Rover Range Rover 2.5 2498cc auto 2000MY DSE (ONLY 70,000mls, FSH ) | eBay

This has got me thinking am i just throwing money away by doing 2000 miles a month in my 91k DSE with history?
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Looking at prices, mine is worth almost as much as I paid for it 6 years ago:)
 
They do seem to be holding their value so long as they're looked after.

Mine's not a limited edition or anything, but it does have all the walnut interior and stuff, so I'm going to keep it well looked after for as long as I can.

I might get back what I bought it for!
 
MrGorsky said:
They do seem to be holding their value so long as they're looked after.

Mine's not a limited edition or anything, but it does have all the walnut interior and stuff, so I'm going to keep it well looked after for as long as I can.

I might get back what I bought it for!
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The low depreciation compensates for the cost of parts needed to keep it going:rolleyes:
 
MrGorsky said:
Did they say what parts? Perhaps I should start stockpiling!
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Classics are rust buckets so they will only appreciate as more quite literally disappear.

P38s I think will eventually be viewed as desirable - they are still in the being scrapped for niggly reasons zone - however it won't take long for people to realise that P38s are the last true Land Rover Range Rovers - they are the last ladder chassis'd live axle variants - and (IMHO) they look as good now as the day they were released. I reckon in 50 years time there will be more P38s around than L322s - which rust and suffer catastrophic and hideously expensive electrical failures - I also think the desirable P38s will be V8s - diesels are worth more now as they are being run by people who buy diesel for economic reasons.
 
Interesting point but do you think petrol will still be around in another 50 years? I think diesel will still exist in a synthetic form due to the amount of machinery and plant that runs on it.
 
StuckAgainSteve said:
Classics are rust buckets so they will only appreciate as more quite literally disappear.

P38s I think will eventually be viewed as desirable - they are still in the being scrapped for niggly reasons zone - however it won't take long for people to realise that P38s are the last true Land Rover Range Rovers - they are the last ladder chassis'd live axle variants - and (IMHO) they look as good now as the day they were released. I reckon in 50 years time there will be more P38s around than L322s - which rust and suffer catastrophic and hideously expensive electrical failures - I also think the desirable P38s will be V8s - diesels are worth more now as they are being run by people who buy diesel for economic reasons.
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Quite agree - the P38 has a timeless look, bit like Jags and Astons and the V8 will be the one to have. The diesels with all have intergalactic miles on them and the wear and tear of such a mileage. Mint low mileage V8's will be sought after, especially in high spec.
P38's don't seem to rust badly, either.
 
Fergie46 said:
Quite agree - the P38 has a timeless look, bit like Jags and Astons and the V8 will be the one to have. The diesels with all have intergalactic miles on them and the wear and tear of such a mileage. Mint low mileage V8's will be sought after, especially in high spec.
P38's don't seem to rust badly, either.
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Rust seems to be a matter of luck, my 96 scrapper is as rust as hell, the 2000 is rust free.
 
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