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[Varche]

Every so often we have suggestions that the Omega will/ won’t become a classic.

Here is a thought. In ten years time the average omega will be about 30 years old. Just as the folk who drove them in their hay day are reaching retirement age and unlock cash to spend. Probably no point in putting it in the bank as interest rates may still be v.low. International travel may still be doubtful.

There will still be no new cars to buy ( well a slight exaggeration) but might be true if Covid 2031 has struck and the chip makers never recovered.

What to buy? Stuff from 30, 40 years ago. Just as people now snap up stuff from 30 , 40 years ago from toy cars they had to the real thing.

I am thinking the price of a good Omega could well be high then.

[STEMO]

Every so often we have suggestions that the Omega will/ won’t become a classic.

Here is a thought. In ten years time the average omega will be about 30 years old. Just as the folk who drove them in their hay day are reaching retirement age and unlock cash to spend. Probably no point in putting it in the bank as interest rates may still be v.low. International travel may still be doubtful.

There will still be no new cars to buy ( well a slight exaggeration) but might be true if Covid 2031 has struck and the chip makers never recovered.

What to buy? Stuff from 30, 40 years ago. Just as people now snap up stuff from 30 , 40 years ago from toy cars they had to the real thing.

I am thinking the price of a good Omega could well be high then.

My crystal ball tells a different tale.

[Viral_Jim]

Fwiw I predict they will fall into 'rare but nobody cares' status.

[Varche]

Hmm and I had got you down VJ as a prospective purchaser of Lizzies immaculate Omega in ten years time when she has to give up driving.

Have you seen the price of junk now from 30/40 years ago? I am sure it is folk with money to spend/ invest that is driving those prices up. Maybe Nick W will be along shortly with his thoughts.

[Lizzie Zoom]

Hmm and I had got you down VJ as a prospective purchaser of Lizzies immaculate Omega in ten years time when she has to give up driving.

Have you seen the price of junk now from 30/40 years ago? I am sure it is folk with money to spend/ invest that is driving those prices up. Maybe Nick W will be along shortly with his thoughts.

Thanks for that compliment

But even I are now wondering if/when my Omega will be too much for me to keep going with time taking it’s toll on both the car and me, along with a certain decline in parts availability as we get nearer to the electric / or whatever vehicle revolution, that along with political will forcing our Omegas off the road / taxing us to the hilt.  In addition how many old fashioned mechanics will still be available to do any work on the Omega, and other obsolescent vehicles, when the market demands electrical engineers for the revolution.  Already certain jobs on the Omega appear to be beyond the knowledge / abilities of contemporary mechanics, with people like Serek in short supply.

The new age is coming, if not here already, and we are getting near to giving up driving age. Once we are past the current clammer to buy older vehicles, time, the market / financial situation, the youngsters wanting the new cars, and that all important government legislation will mean the motor car is destined for museums, like steam engines have :'(

[Viral_Jim]

Tbh I don't know varche, I have a soft spot for the old girls, but on balance I'd rather hang on to something luke an x350 jaguar xj and I think therin lies the issue, if you want to keep an old barge to classic status I think you'd pick an s-class, xj or LS400, maybe even a 7 series if you also own a labrador and  a collection of white sticks. 

[Nick W]

Every so often we have suggestions that the Omega will/ won’t become a classic.

Here is a thought. In ten years time the average omega will be about 30 years old. Just as the folk who drove them in their hay day are reaching retirement age and unlock cash to spend. Probably no point in putting it in the bank as interest rates may still be v.low. International travel may still be doubtful.

There will still be no new cars to buy ( well a slight exaggeration) but might be true if Covid 2031 has struck and the chip makers never recovered.

What to buy? Stuff from 30, 40 years ago. Just as people now snap up stuff from 30 , 40 years ago from toy cars they had to the real thing.

I am thinking the price of a good Omega could well be high then.

My crystal ball tells a different tale.

And mine. By the time these cars are 30+ years old, there won't be many survivors - like a 3 year old Carlton or even mk2 Cavalier. Hell, when was the last time you saw a very early Omega, which is already close to that age, in use? Unlike older cars with minimal electrics, and mechanical components shared with other cars, Omegas(and every other equivalent) will be a lot harder to patch up and keep running.


But you're all missing the thing that drives up the value isn't just rarity. There has to be a much bigger demand than supply, and that requires that the cars are desirable to lots of people. And that just isn't the case, so the small number of survivors will be enough to satisfy the market.


None of that will stop the ever decreasing number of really good cars increasing in value, but it won't be by much.




Edit:


Just noticed Jim's rare, but nobody cares comment. That sums it up much better than I did. It's exactly where 70s big Vauxhalls are now.

[Sir Tigger KC]

The demand for modern classics especially old Fords is driven by middle aged blokes who always wanted one of them when they were young but couldn't afford one or couldn't afford to insure it.

My mate is a good example when he went out and bought an XR2 a few years ago. 

His Missus was less than impressed and it didn't stay around for long! 

I don't think many young lads lusted after the Vauxhall Omega..... 

[Rangie]

Don't think it will happen ,was watching an episode of bangers & cash they were talking to a car club member who more or less summed it up as the cars get older the people who like & enjoy them are dying off, very few young people I know have any interest in cars, phones & computer games  seem the draw for them.

[ronnyd]

Fwiw I predict they will fall into a big pile of rust.

Fixed for you 

[Sir Tigger KC]

Here's a good example! Could this be worth a £100k in a few years? 

[Rangie]

Here's a good example! Could this be worth a £100k in a few years? 

. 


Only if you're stark raving mad !

[Doctor Gollum]

Here's a good example! Could this be worth a £100k in a few years? 

For a supposedly concours restoration, that front bumper alignment is horrendous. especially at that price

[Varche]

Here's a good example! Could this be worth a £100k in a few years? 

Well firstly this is already 45 ? years old so really fits my scenario of 25 years time. Yes it might commsnd 100 in todays money in ten years time for certain. The example of a bloke buying an XR2  illustrates exactly my point. If people have got the disposable money then why not a good omega ifthat is what you fancy.  I take the point about rarity, desirability though..

People will always be around that have money to throw around reliving their youth. No pockets in a shroud.

[Nick W]

Here's a good example! Could this be worth a £100k in a few years? 

For a supposedly concours restoration, that front bumper alignment is horrendous. especially at that price

As an RS3100, it has factory quarter bumpers that were taken off another(I can't remember which) Ford. Those are correct. They never fitted.