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buying advice

How to buy a used car that could actually increase in value

There are no guarantees, of course – but how can you maximise your chances?

THE TRUTH IS THAT except for a very few cars, values rarely increase over time. But some cars do have the potential to be what many in the industry call, future classics.

These are cars that, from a market value perspective, are at or close to the bottom of the curve. Finding the right example could – and we stress that word – increase slightly in value over the coming years.

This week we’re looking at just a handful of models that could be ones to buy and stash away for the future.

1. Audi TT

DoneDeal DoneDeal

The first-generation Audi TT is a car that as still looks as good today as when it made its debut in 1999. Its look remained true to the original concept car, and it is still considered today as one of Audi’s iconic modern designs.

The majority of the cars sold in Ireland featured the 1.8-litre petrol engine. Available in 180 and 225hp versions, the latter is naturally of more interest to drivers, though the rarer 3.2-litre VR6 engine is the one that future collectors will want to own the most.

2. Alfa Romeo GTV

DoneDeal DoneDeal

The very mention of Alfa Romeo is enough for some to scream ‘economic madness’, but despite the horror stories that almost everyone will try to tell you, there are just as many people out there that view Alfa through the best rose-tinted glasses.

For a period during the 1990s, it turned out some cracking designs. Cars like the 156 still look handsome today, but the one we’re going to take a punt on being a potentially wise investment is the GTV. Its angular lines, courtesy of Pininfarina, still look fresh. Finding one that someone cared for and is still at the right price is the challenge. The V6 is the engine most will lust after.

3. Peugeot RCZ

DoneDeal DoneDeal

This car is a tricky one to judge, but, and it’s a bit but, the Peugeot RCZ could go on to be something of a future classic in a similar vein as the Audi TT. It remains a more recent car, and so values are still high.

The one to keep an eye on is the 1.6-petrol, especially the RCZ-R model, which sold in smaller numbers. Give it another few years for values to go down and you could end up picking up a bargain. Then enjoy it, and you never know, it could start to appreciate over time as they become a rarer sight on the roads.

What other cars do you think are worthy of future classic status, and stand the chance of going up in value over the coming years? Tell us in the comments section below.

More: 4 iconic cars of the 1990s – and what you’ll pay for them today>

More: Looking for an SUV? Here are 4 underrated models on the second-hand market>

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