rjmelo21

A sincere thank you to everyone who took their time and responded. This is exactly this type of info I was hoping for. I'm not interested in buying a 7 for an investment. It's all about the love of driving. However,if I thought I'd lose most of my buy-in, my calculus would certainly change. I guess the next step for me is to learn a ton more and most importantly, meet some 7 owners and potentially drive one if I find a generous enough owner. I'm in eastern Massachusetts, so if anyone knows of a local club, please pass along the info. I've certainly seen a couple 7's at local cars and coffee , but haven't been able to track down the owners. Thanks again for all your time and I look forward to learning more about these cool cars. -Rich Melo

Hello everyone, I've a very general question which I doubt has a direct answer to, but here goes any way. I'm seriously considering purchasing a Seven. I don't have the time or knowledge to build one myself. I need to spend the next 6 months studying/researching what would work best for me. I'm so new to this car that I don't know what I don't know yet. But, I was hoping the veterans here, who have owned and sold Seven replicas could help with a general question. What is the depreciation on these cars? Being a gear head for while, I'm 45, I certainly have a sense of car values of most other marks, but with a "kit car" I have no sense at all. If a well built Caterham or Birkin or other reputable assembler is well cared for, how big a hit does it take over the years. If I plunk down $25K for a nice car and take great care of it and drive a max 3K miles a year, what's the anticipated depreciation? There have to be hundreds of variables involved, but does it loose value alot, a little? This information would be really helpful in deciding if I should take the plunge. Thanks for your time, Rich