Like Wall Street, the classic car trade has its ups and downs, with investment vehicles entering and leaving favor over the years.
There are a few blue chips that are here for the long haul, like ultra-rare Ferraris and Le Mans winner Fords, but most values fluctuate a bit with the demographics of the buying pool. A recent poll found that Gen Z are now the most interested in buying a collectible before Gen Y, Gen X, and the Baby Boomers who sparked all the hype.
The only big difference is that unlike Tesla stock, you can drive a classic car for real money, regardless of the final resale value.
That said, no one wants to lose anything on a major purchase, so the folks at Hagerty Insurance analyzed the trends to create their Bull Market list of cars, trucks, and motorcycles to watch in 2021. Factors like recent price changes, the web traffic, quote values and the total number of quotes were all taken into account.
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Hagerty doesn’t make precise predictions about performance – so watch out for the buyer – but has chosen a mix of vehicles under the radar, old successes gaining renewed interest, and relatively new models that have made the leap. of depreciation and are ready to enjoy while you enjoy them.
2011-2012 Lexus LFA
The $ 350,000 LFA was a bit odd for the value-driven luxury brand, but its 553bhp V10 engine and supercar speed made it an instant classic. Only 500 were built and Hagerty estimates the current value of a well-driven example at around $ 550,000.
2006-10 Jeep Grand Cherokee SRT8
With its 420 horsepower HEMI V8, wide tires and super low stance, the Grand Cherokee SRT8 certainly wasn’t designed for off-roading, unless it’s a race track. The SUV cost around $ 40,000 in new condition and its value rose 8.3% last year to almost that amount.
1984-1991 Ferrari Testarossa
Even ignoring his lead role in “Miami vice“, Testarossa is so 80s it almost hurts, so it’s no surprise that baby boomers and Gen Xers are most interested in it today. Priced at $ 165,000 per l new condition, they sell in the $ 100,000 range, but values rose 8.7 percent last year with the highest auction price paid 37.5 percent more than the year former.
2005-17 Aston Martin V8 Vantage
The V8 Vantage was designed by Henrik Fisker, whose latest auto startup is worth $ 4 billion, so he probably wouldn’t have a problem picking one up for the $ 50,000 Hagerty it is worth today. . Prices have remained stable over the past few years, however, with a lot of interest from younger buyers.
1964–70 Honda S600 / S800
When you think of a two-seater Japanese sports car, the 52bhp Honda S600 or its successor S800 probably doesn’t come to mind, but you can pick one up for under $ 20,000, which is less. than a new Mazda MX-5 Miata. Don’t wait too long, however, as its value increased by 18.5% last year.
1980-1991 Volkswagen Vanagon Westfalia
The VW of the 1960s Microbus attracts all the attention, but the Vanagon shares its original rear engine setup and has a lot of charm, especially in the form of a Wetsfalia motorhome. Prices for a decent model range from $ 27,000 to $ 36,000 and have increased 27.7% in the past three years.
2005–06 Ford GT
The original Ford GT40 from “Ford v. Ferrari” is a multi-million dollar collector’s item today, but the 40th Anniversary Tribute is slightly more affordable at just under $ 400,000. It’s almost triple what they’ve sold for the new, but while prices haven’t risen much lately, Hagerty says interest in the 205mph coupe is present across all groups. of age.
2000–06 Audi TT Quattro Coupe
The retro-modern TT helped spur a design trend that has thrived over the years, but unlike the VW New Beetle and the rebooted Ford Thunderbird, you can always buy a new one. TT today. The original is much cheaper, however, and can be found for $ 10-16,000.
1948-1954 Jaguar XK 120
The beautiful is not lacking Jaguars out there, but the XK 120 is an all-time great. It was the fastest production car in the world for a time, with a then blazing top speed of 132 mph, and served as both a race car and a road car. Values have fallen 8.6% in the past year, but the going rate of $ 140,000 is still a little higher than its original price of $ 3,945. Gen X loves the XK, however, with quote rates up 33% this year.
1969 Honda CB750 (Sand)
While many consider the XK 120 to be the first supercar, the Honda The CB750 was the first superbike and the first edition of 1969 was particularly special. Its transversely mounted four-cylinder engine block was cast in sand rather than die-cast, which made it unique. Values rose 11.5% in 2020 to reach $ 37,500 for a daily cyclist.
1993-97 Toyota Land Cruiser FZJ80
The Land cruiser The name has been in use for eight decades and there are plenty of cool models for collectors to choose from, but Hagerty says the 1993-1997 model is special because it was the last one with a solid front axle and six-cylinder engine. line, but also the first that was good on the road, thanks in part to a set of coil springs and four-wheel disc brakes.