FAQs
EXPOSED – Top 10 Classic Car Investments in 2024
- Jaguar XJS (1975-1996): ...
- Porsche 944 (1982-1991): ...
- BMW 2002 (1968-1976): ...
- Chevrolet Corvette C3 (1968-1982): ...
- Mercedes-Benz SL (R107, 1971-1989): ...
- Alfa Romeo Spider (Duetto, 1966-1993): ...
- Jaguar XK8 (1996-2006): ...
- Datsun 280ZX (1978-1983):
What is the most sought after classic vehicle? ›
- Chevrolet Corvette. Chevrolet Corvette is among America's most collected vintage cars and old muscle cars. ...
- Ferrari 250 GTO 1962. Ferrari 250 GTO is a cut above the rest regarding pricing, high performance, and modern design. ...
- Lamborghini Miura. ...
- Porsche 911 1963. ...
- Ford Thunderbird.
What collector cars are going up in value? ›
Meet the Bulls: 2024 Lineup
- 1989 Lamborghini Countach 25th Anniversary.
- 1946–1950 Chrysler Town & Country.
- 2008–2013 BMW M3.
- 1997–1999 Mitsubishi Pajero Evolution.
- 2011–2016 Ferrari FF.
- 2000–2005 Jaguar XKR.
- 1965–1970 Chevrolet Impala SS.
- 1981–1986 Jeep CJ-8 Scrambler.
What is the easiest classic car to maintain? ›
The 10 Easiest Classic Cars to Restore
- 1964 – 1968 Mustangs. Each and every Mustang part is currently being produced by dozens of companies. ...
- 1967 – 1969 Chevy Camaros. ...
- 1968 – 1970 Chevy Nova. ...
- 1964 – 1965 Ford Falcon. ...
- 1955 – 1957 Chevy Bel Air. ...
- 1971 – 1972 Chevy Chevelle. ...
- 1928 – 1931 Ford Model A. ...
- 1978 – 1982 Chevy Corvette.
Is buying a classic car a good investment? ›
Additionally, collector trends are unpredictable, so you can't bank on a specific model dramatically increasing in value. That said, classic cars do often increase in value and are one of the better performing collectibles out there.
What classic car is making a comeback? ›
The MG marque has been revived with a series of SUVs and electric vehicles but the classic MG scene is still very much alive and kicking. The MGB model was offered as a convertible or coupe and also had a range topping MGB GT version which we'd suggest keeping an eye out for.
Will classic cars lose their value? ›
As our experts suggested, this is more of a return to normal than it is an implosion of classic car values. The current non-inflation adjusted median sale price is $30,450, a significant drop from its high of $34,560 in October 2022, but it's really just a reset to October 2020 levels.
Is the classic car market dropping? ›
Since its peak in December 2022, the Hagerty Market Index has dropped nearly 21 points after decreasing 15 consecutive months.
Which car will appreciate in value? ›
British and German classics
These classic cars are known for their efficiency, reliability, ability to retain their value and include iconic brands such as Jaguar, Aston Martin, Bentley, BMW, Mercedes, and Porsche.
What used car holds the best value? ›
- Porsche 911 (coupe) A Porsche 911 car parked outside Chanel on London's Bond Street.
- Porsche 718 Cayman. Porsche 718 Cayman. ...
- Toyota Tacoma. The 2023 Toyota Tacoma. ...
- Jeep Wrangler/Wrangler Unlimited. ...
- Honda Civic (sedan/hatchback) ...
- Subaru BRZ. ...
- Chevrolet Camaro. ...
- Toyota C-HR. ...
The vehicle must be insured as a collector car and must meet one of the following requirements: The vehicle is at least 35 model-years old. (Health and Safety Code section 44011) The vehicle is at least 25 model-years old with historical vehicle license plates.
Why not buy a classic car? ›
The most significant con is the maintenance of classic cars. The cost of maintaining an old-timer, including insurance and maintenance, can be up to 20 percent of the classic car's value. Spare parts or even simple consumables may be really difficult to buy in auto parts stores, so you have to 'hunt' for them.
Can you make money selling classic cars? ›
Sell Your Car
The sale of a classic car typically means a profit for car owners, especially if you haven't needed to invest much in restoration or upkeep. If you're looking to take a more hands-off approach to earn money from your vehicle, selling your car could be the simplest solution.
Are classic car prices increasing? ›
Essentially, “values for classic cars increased between 20-50% for a lot of vehicles right after the pandemic with our top 100 most-insured vehicle types seeing a significant rise in value from 2021-2022," Kolle says.
Will classic cars keep going up in value? ›
Cars, unlike fine wine, don't usually get better with age. Depreciation hits them from day one, and before you know it, your once shiny car's value has faded like that new car smell. But then there's the world of classic cars—those old beauties that defy economics and just keep climbing in value.
Will classic cars increase in value? ›
Many classic cars are growing in market value, especially those with unique stories or limited production numbers. However, not all classic cars appreciate; some models are losing market value due to changes in collector preferences or market oversaturation.
Is flipping classic cars profitable? ›
For instance, it is almost guaranteed that you will not get the money you put into a classic car back out of it if you plan on doing a full restoration. That's still not to say there isn't a way to make a buck or two. A lot of people have made good money buying and selling classic cars over the past few decades.
What car has the highest ROI? ›
Economy: $10K–$30K
RANK & CAR | ANNUALIZED ROI & AVERAGE ANNUAL EARNINGS | VEHICLE VALUE & ANNUAL LOAN COST |
---|
1: Fiat 500 | 178.2% ROI $7,009/year | Valued at: $12,512 Loan cost: $2,519 |
2: Chrysler Voyager | 150.1% ROI $10,438/year | Valued at: $20,733 Loan cost: $4,174 |
3: Kia Rio | 138.5% ROI $7,177/year | Valued at: $14,946 Loan cost: $3,009 |