These sort of discussions & advice particularly relating to values remind me of the time when I purchased my first car- a 1954 Riley RME (I still own the car and it is still on the road) back in approx. 1972. No one really wanted them except the enthusiasts with vision- most older cars such as Morris Minors where ten a penny as with a lot of other similar cars.
The 240 has now become a car that is in demand by the enthusiast – they are exceptional for a number of reasons but for me it’s not the investment factors but the fact that the engineering is fairly basic and well within the capabilities of the home mechanic- some models easier that others I suppose but all will give a unique style & experience.
These cars are certainly moving in price-I’ve seen that in the last 2/3 years of ownership a state of flux exists with prices today and they will only get richer as time progresses.
Some sound advice is being given so I won’t cover it again- just buy the best that you can.
What a nice 40th Birthday Present!
My car? A 1988 240 GL 2.0L with a full/total history- low ownership & a very young 85,000 miles from new. As with the Riley it is now part of the family.
Good Luck with the search
Regards Bob,
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