MARKET WATCH March 2018 part 2

BMW 2002 Turbos boosted

bmw 2002.jpg

The latest roundup of price guide winners and losers in Classic Cars magazine is topped by BMW’s 1970s road rocket. With prices up by a thumping 54%, entry level is £30k for a rough project car while tidy, usable examples are more like £48k and the best are £70-100k, depending on just how good they really are. One enthusiastic bidder even stumped up £105k for one at the January RM auction in Arizona.

As one of the standout models from a marque that's continuing to gain classic kudos, this isn't surprising, especially when you consider that just 1672 of these turbo pioneers were built. That's not far north of Porsche 911 Carrera RS2.7 built numbers, and we all know what they're worth.

Ferrari 206 GT Dinos lose their shine


After becoming overheated by the Ferrari investor rush, Dinos have slipped significantly. The latest roundup of price guide winners and losers in the current issue of Classic Cars magazine reveals further downward movement of 4.4%, meaning that rough examples are £240k, for driveable ones add another £60k and the best £395-430k.

A three-owner 1969 example recent sold for £305k, making us wonder whether there's further downward movement to come from these alloy-bodied, short-chassis darlings of the investor-collector market. But one sale doesn't make a trend – we'll need to see that number repeated a few more times before we can confirm that price as the new reality.

For those lucky enough to own one already, a sunny day out on some particularly twisted roads should be enough to drive any price loss worries out of mind.

We want this Riley special


We were smitten by this Riley Kestrel 12/6-based Grebe replica when we tested it. It's one of four cars for sale that we evaluate in the latest issue of the magazine. It was built in the Seventies to plug a Riley Grebe-sized gap in motoring history – none of the originals survive – and has seen regular competitive action since, so it's a well-honed car, which explains why our tester had such fun driving it.

This sporting Riley has had £25k spent on it over the past couple of years, so everything from the engine to the suspension seems fit and ready to be enjoyed. At £76,500 it represents good value.

Should you buy a Porsche 928?

porsche 928.jpg

Buyers are chasing these previously unloved super grand tourers, so prices are climbing. All of the old clichés about the big, comfortable and sophisticated 928 not being a proper enthusiast's Porsche are being swept aside by a new type of owner who appreciates their effortless mile-munching ability and near-timeless style.

So the £4k that would have bought a 928 to drive a few years ago now merely lands you a project car. Double that and you should be able to find an S2 that's on the road, albeit with a list of potentially expensive jobs. You're better off paying around £15k for a good pre-S4 example, and decent examples of S4s are £25-30k, more if you want full service history or modest mileage.

Tempted? Our price guide in the current issue of the magazine will help you avoid the pitfalls inherent in buying any exotic, once expensive car that has suffered decades of low values. Buy well and the experience will be hugely satisfying.