How good will the Emira's gain in value be?

[OppositeLock]

Look at all the Lotus cars from the last few decades. If you go back to the 60's, starting with the Elan, there aren't any regular production Lotus cars that have become valuable. They depreciate for a while then seem to hit a price plateau and stay there. I imagine the Emira is going to be the same. While it's a really awesome car, it's not a luxury collector item like a Ferrari, nor is it the highest performance car, nor is it the highest quality car. It's a car that drives great, has a good engine, and reasonable power for the day. The biggest thing it has going for it is that it's unique and uncommon.

 

[Jinba ittai]

They depreciate for a while then seem to hit a price plateau and stay there

Some might say that’s because a new supply was always coming down the pike. The Emira could be different if it’s seen as the end of an era.

 

[OppositeLock]

It's not going to be the last. The global delusion about the future of motoring seems to be ebbing.

 

[Jinba ittai]

It's not going to be the last. The global delusion about the future of motoring seems to be ebbing.

I’m not so sure about that. The enthusiasts are pushing back on enthusiast cars. I think the mainstream is still going electric and that will eventually dictate the rules for all.

 

[Tomwa]

I'm not particularly fussed if driving becomes a hobby, approximately the equivalent of keeping/riding horses today, as long I'm still allowed to do it.

Is this still true when your hobby, like horses, is no longer allowed on the roads?

 

[idleuser]

Hold the line until California bans higher emission cars (most likely before 2035) and prices will jump. Not that it matters since I'll be keeping this car forever.

 

[chirowolf]

My 20yr old son loves driving the manual Lotus we have.

All my kids shared a manual Saturn coupe as their first car (3 kids in 18 months, one is adopted). All 3 purchased manuals when they decided to buy their own cars. S2000, Cooper Clubman S and a Fiat 500. Both daughters have stickers on their cars that say "real chicks drive sticks"
10 years in, my youngest daughter replaced her Cooper with a manual Corola hatchback. My oldest now has a Model # but is dying to get a manual back.
Just have to bring these kids up right

 

[seriously]

It will depend on the overall market conditions, but its unique value proposition will not have faded and I think it do relatively well. I’m not expecting it to appreciate beyond msrp but it could match it in 20-25 years much like other desirable cars have done. Still not considered a real investment relative to other options.

 

[ADC]

Is this still true when your hobby, like horses, is no longer allowed on the roads?

Well, horses are allowed on the roads (with a few restrictions dictated by safety rather than climate policy), but that probably wasn't the main point of your question My level of being fussed is obviously predicated on being allowed to practice such a hobby on public roads.

I can't see the government outlawing the use of existing vehicles on publicly-funded roads without triggering some sort of uprising. Sure, they are definitely making moves to ban the sale of new combustion-engined vehicles, but there is period of at least a couple of decades after that where critical mass of vehicles on the road will gradually shift (as more utilitarian vehicles fall into disrepair and are scrapped), and a much longer tail of classic/vintage/enthusiast vehicles will be maintained and stick around effectively forever.

 

[CHEESE]

It's fun to speculate, but if you're worried about resale value when buying a car, you're probably buying the wrong car.