Hello,
A car becomes a classic in one of the following ways.
1 - Being a fast, small/medium ford. Escort Mexico/BDA twin cam -> Escort RS2000 -> Escort RS1600i/RS Turbo -> Escort Cosworth -> Focus RS -> Focus ST
2 - Capturing public imagination for the right/wrong reasons. Lotus Carlton -> Monaro
3 - A once common car becoming rare and evoking nostalgia Cortina -> Sierra
4 - Being a Jaguar (they get better with age)
5 - Being British and idiosyncratic, with the potential to be an offbeat classic Any 70's BL product , first Rover 825i/Sterling , Rover 75, MG ZT, esp 260.
Oddly, cars which are well respected when new, seem to fall from grace all too quickly. Look at how the E36 Bimmer has gone from middle management status, to council estate king pin in only a few years. The same is beginning to happen with the E46. The E23 seven is nowhere to be seen, the E32 has no classic status to speak off, only the 6 series and M series cars have any real classic cache.
Yes, I would like an Omega once it acheives that once common, none left classic appeal.
James