Wheeler Dealers star Mike Brewer reveals which ‘modern classic' vehicle will skyrocket 6 times in value in just 10 years
WHEELER Dealers star Mike Brewer has declared the car he thinks is a 'modern classic'.
3
Mike Brewer hosts Wheeler Dealers
Credit: Twitter
3
The Audi TT's value could go up to £10,000
Credit: Getty
Mike Brewer has revealed he thinks the
Brewer reckons that the TT could
This would be around six times the car's current
This is a
Read more Motors
The first-generation TT was made at the turn of the millennium, between
Speaking to the Daily Telegraph, Brewer said: 'Definitely a modern classic is a Mk1
'The 225bhp model, that's a really good car – a very good modern classic.
'People who have still got those today don't realise they're worth 15 hundred or two
Most read in Motors
"People will be paying 10 grand for those in the
The TT packs a sizeable punch for its price, with Parkers believing the four-cylinder, 1781cc
Chelsea's £115m ace Moises Caicedo has £160k Audi seized by cops after driving without valid licence near training ground
The Mk1 is no slouch off the mark either - going from 0-60 in just 6.4 seconds.
The main downside of the
Even so, car insurance experts at Hagerty UK have also been keen to heap praise on the Mk1 TT, calling it a "future
They said: '
'Subsequent
Brewer has also suggested that now is a great moment in the markets to snap up forgotten classics, explaining that the
The
'There has been an oversupply of good classic car stock.
"
Because during Covid people had money and time, went in their garage and finally finished that
Ford Cortina or Triumph Herald
they promised they would
.
'The market got swamped with good
"But now the market has gone completely flat and prices are on their way down, dropping 10 to 20 per cent over the past six months and still coming down.
"I can see that happening for the next six to eight months. It's a resetting of the market to where it should be.
'So it's absolutely the right time to buy, in some cases a good time to hold your nerve if you're buying.
"We've got an unsettled market for a load of reasons: the energy crisis, mortgage rates, now we're going through a change of government.'
There's further good news for Audi TT fans, as comments by the manufacturer's CEO, Gernot Döllner, sparked speculation of an
The third generation, petrol, Audi TT was discontinued in 2023.
But Döllner said: "I believe Audi should have a sports car, for sure."
And when asked if a model like the beloved TT could make a
"If you're talking about real racing cars for the track, to me, the only way until now is combustion engine or
"But if it's more for everyday use on normal
3
The Audi TT could be making an electric comeback
Credit: Getty
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