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R50/53 The new MINI some day a collectible? Some think so...

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Old Jan 17, 2007 | 10:59 AM
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The new MINI some day a collectible? Some think so...

Just saw this article, Hagerty's Hot List. 10 cars they think may someday become a collectible, and our beloved MINI is on the list:

http://www.prnewswire.com/cgi-bin/st...04506629&EDATE=
 
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Old Jan 17, 2007 | 11:14 AM
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I agree with most of the list....I disagree about the scion (he didn't say which model)It is too cheap, too many produced and too many aftermarket customized to be a collector.

Unless a car is kept OEM (MINI included) it will not be valuable
 
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Old Jan 17, 2007 | 11:37 AM
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I agree also with every car except for the Scion, and this just reenforces the thinking that i have about keeping my MCS for a long, long time!
 
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Old Jan 17, 2007 | 11:38 AM
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I've always thought this about the MINI. But, the Scion and the 300?
 
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Old Jan 17, 2007 | 12:22 PM
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Keep ANYTHING long enough and it'll be a collectible. Even those Mini Mints. Unless you open them and eat them.
 
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Old Jan 17, 2007 | 01:15 PM
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Maybe the 300, specially if it is the SRT-8 model or whatever they call the top of the line V8 HEMI model.

Scion? You got to be joking me. Never seen a Toyota making it to collectible status, save may be by the 1960's Toyota S2000 sports car (It appeared in one of James Bond's movies).
 
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Old Jan 17, 2007 | 01:17 PM
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We ate the MINI mints, crap!
But we are holding on to the MINI.
I think Hagerty forgot the Ford GT but at $150,000 and very limited numbers it was an instant collector car.
 
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Old Jan 17, 2007 | 01:56 PM
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I have some old, stale and long expired S-MINI mints that still live inside the original wrapper.
 
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Old Jan 17, 2007 | 02:25 PM
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Originally Posted by planeguy
Unless a car is kept OEM (MINI included) it will not be valuable
Absolutely true. IF a MINI ever become collectible, and they have made a million cars so its doubtful, it HAS to be OEM in everything. All the modded cars will get nothing!

Originally Posted by DixonL2
Keep ANYTHING long enough and it'll be a collectible. Even those Mini Mints. Unless you open them and eat them.
I KNEW there was a reason I kept those.!!!!!

The ONE thing I have ... MINI MINTS!
 
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Old Jan 17, 2007 | 02:59 PM
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Originally Posted by chows4us
Absolutely true. IF a MINI ever become collectible, and they have made a million cars so its doubtful, it HAS to be OEM in everything. All the modded cars will get nothing!
chow, I know you have your doubts and we had discussed this in a similar thread a while back. But.......

Every era has its collectibles. even those dark years of the mid to late 70's

I think if anyone undertakes the following exercise


1. Go back at least 25 years and choose any given 10yr segment of automobile history.

2. Pick the 5-10 most unique or exciting cars of that era

3. THEN look at thier range of current day market values

I believe that almost without exception you will find thier values higher than original purchase price (unadjusted for inflation) and climbing! The further back you go, the more the cars become actual assets that are appreciating with time.

productions numbers do not influence collectabillity so much as it dictates the rate of appreciation. i.e. small egnough production numbers result in no depreciation and instant rapid appreciation (GT40) and large prod numbers just mean more time must pass before values start to go up (classic Mini)
also remember that population growth is EXPONENTIAL......a 57 chevy belaire coupe was made in large numbers relative to 1957 but NOT in high numbers by 2006 measures.....even though my predicion that scions will NOT be collectible is contrary to this theory, I believe that they are a exception to the rule

But, I do believe that MINI's on the other hand are the perfect example of a car that is guaranteed a collector status. comparitively low production numbers and It has created an icon image, fun to drive experiance that as people move on in life they will day dream back to those days when they had a MINI. they will show grandkids photos of thier car at the dragon photoshoot...etc
 
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Old Jan 17, 2007 | 03:02 PM
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Originally Posted by C4
Never seen a Toyota making it to collectible status, save may be by the 1960's Toyota S2000 sports car (It appeared in one of James Bond's movies).
I think a couple of the Supras will be (Mk II, Mk IV), as well as 1st generation 4Runners (if they aren't already considered such). They might not be technically stunning vehicles - but they're certainly iconic of 80s Japanese auto design. The 4Runners and Toyota Pickups were EVERYWHERE in popculture!
 
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Old Jan 17, 2007 | 03:08 PM
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I've Always Known That, Thats Why I Try Not Too Use My Mini That Much And With The Jcw Kit I'm Pretty Sure The Value Will Go Up.
 
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Old Jan 17, 2007 | 03:18 PM
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Originally Posted by DixonL2
Keep ANYTHING long enough and it'll be a collectible. Even those Mini Mints. Unless you open them and eat them.

... Oops! There went the collector's value.
 
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Old Jan 17, 2007 | 04:08 PM
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Originally Posted by planeguy
Every era has its collectibles. even those dark years of the mid to late 70's

But, I do believe that MINI's on the other hand are the perfect example of a car that is guaranteed a collector status. comparitively low production numbers
If you read this https://www.northamericanmotoring.co...2&postcount=16

I agree there are cars collectible that dont get the same credit as the big boys. Lots of ppl collect $10K cars. You even see them on cable on that "appraise my car" show.

I just dont believe with 1,000,000 MINIs sold worldwide, it can ever be called collectible. You got to remember, when ppl bring cars to BJ ... they are talking total worldwide production

Can you get $10K in 30 years .... OEM car, a few K miles. Maybe. but I just dont see it as a $100K or $1M car

We can agree to have different opinions on this and wait 30 years

I know you realize just go to any car forum and the enthusiasts for ... whatever ... will say the same about whatever they drive .... well except me. RAV4 will NEVER be collectible!

Here is an interesting tidbit. Every wonder how FAST those muscle cars really were????

This is a bit surprising

1969 Chevrolet Camaro ZL-1 5.3
1969 Chevrolet Corvette 427ci 435hp 5.3 13.8
1973 Corvette 454ci 6.4 14.6
1977 Ferrari 308 GTB 8.2 17.0
1986 Ferrari GTO 5.0 14.1
1985 Ferrari Testarossa 5.3 13.6
1967 Ford Mustang (390ci V8 w/4spd) 7.4 15.6
1969 Ford Mustang Mach 1 428ci 5.7 14.3
1982 Lamborghini Countach S 5.7 14.1
1968 Plymouth 'Cuda 440 5.6 14.0
1969 Plymouth Road Runner 426 Hemi 5.1 13.5
[FONT=Verdana][SIZE=2]

http://www.albeedigital.com/supercou...0-60times.html
 
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Old Jan 17, 2007 | 04:43 PM
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Originally Posted by Green Goblin
I've Always Known That, Thats Why I Try Not Too Use My Mini That Much And With The Jcw Kit I'm Pretty Sure The Value Will Go Up.

Why did you make two accounts BRG4ME?

your aggravating typing style gives you away instantly.
 
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Old Jan 17, 2007 | 04:52 PM
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Originally Posted by Homme
I think a couple of the Supras will be (Mk II, Mk IV), as well as 1st generation 4Runners (if they aren't already considered such). They might not be technically stunning vehicles - but they're certainly iconic of 80s Japanese auto design. The 4Runners and Toyota Pickups were EVERYWHERE in popculture!

Yeah, I remember Marty McFly's shiny black and jacked up black Toyota pick up truck, in his more ideal and "alternate" 1985 family home garage.
 
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Old Jan 17, 2007 | 04:54 PM
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Originally Posted by chows4us
If you read this https://www.northamericanmotoring.co...2&postcount=16


We can agree to have different opinions on this and wait 30 years

[I]

http://www.albeedigital.com/supercou...0-60times.html

You'll be like almost 90 by then.
 
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Old Jan 17, 2007 | 04:54 PM
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Originally Posted by MotorMouth
Why did you make two accounts BRG4ME?

your aggravating typing style gives you away instantly.
Que?
 
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Old Jan 17, 2007 | 04:59 PM
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So would a heavily modifed car make it into collectors car status 20 and 30 years from now? Or by then are people looking for completely stock car?
 
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Old Jan 17, 2007 | 05:00 PM
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Originally Posted by C4
You'll be like almost 90 by then.
 
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Old Jan 17, 2007 | 06:03 PM
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I'm not sure I agree with the must be stock assertion. From my experience in the MG world people love finding a B that someone had modded i.e. the cams, head, different carbs etc, etc. The type of mods on a MINI would likely determine the value but say a pulley on a S might not have a huge effect.
I'm also not sure that the total production number will be as big a factor either given the numbers that will likely drop out over time as a result of modern driving etc, etc.
 
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Old Jan 18, 2007 | 08:51 AM
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Originally Posted by chows4us

I just dont believe with 1,000,000 MINIs sold worldwide, it can ever be called collectible. You got to remember, when ppl bring cars to BJ ... they are talking total worldwide production

Can you get $10K in 30 years .... OEM car, a few K miles. Maybe. but I just dont see it as a $100K or $1M car

We can agree to have different opinions on this and wait 30 years
Is the original Mini a collector car? yes or no? There were 5.3 million of those produced over 40 years!

Again.....Nobody is talking BarretJackson 100k or 1M cars here. and you keep citing production numbers without a refrence to the past....production #'s must be relative to population to determine rarity. 220,000 worldwide (50k in the usa)is a compartively small run even now but you have to think of what typical production numbers will be 30yrs later

"In 1900 there were only 4,192 passenger cars built in the US (the only country to be manufacturing cars). There were no buses or trucks. By 1985 there were 109 million cars in existence. Today, with dozens of countries participating in the creation of automobiles, that number is six times larger.....
The biggest manufacturers are Japan, producing 8,056,000 cars in 1998, the US, with 5,554,000, and Germany with 5,348,000. With passing time, these numbers experience a rapid growth. For example, in 1960 Japan produced 185,000 cars, but by the end of the 1990s it was producing nearly 10 million a year. It is believed that at this growth rate, the number of cars on earth will double within the next 30 years"
 
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Old Jan 18, 2007 | 09:04 AM
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[QUOTE=chows4us;1324195]If you read this https://www.northamericanmotoring.co...2&postcount=16


I just dont believe with 1,000,000 MINIs sold worldwide, it can ever be called collectible. You got to remember, when ppl bring cars to BJ ... they are talking total worldwide production

How many Classic Minis were built?

Earl
 
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Old Jan 18, 2007 | 10:13 AM
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I guess, as far as Chows is concerned, the MINI will never be good enough.
 
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Old Jan 18, 2007 | 10:56 AM
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Originally Posted by Rastven
I guess, as far as Chows is concerned, the MINI will never be good enough.
Only now figuring that out?
 
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