Hagerty Says to Buy These Ten Cars Now Because They Aren't Getting Any Cheaper

"Wobbles the Mind" (wobblesthemind)
12/28/2016 at 06:33 • Filed to: Appreciation

If you have been wanting an E46 or C5 Z06 then you better move now.

2000-2006 BMW M3 ($20,000)

1997-2004 Chevrolet Corvette ($15,000)

1971-1972 Dodge Challenger ($18,300)

1968-1970 Dodge Charger ($26,100)

2003-2006 Dodge Viper ($50,000)

2003 Ferrari Enzo ($2,300,000)

1966-1977 Ford Bronco ($18,500)

1970 Plymouth Superbird ($233,000)

2007-2011 Porsche 911 GT3 RS ($180,000)

1993-1998 Toyota Supra Turbo ($40,000)

I’m honestly surprised they have the Challenger, Charger, and Supra Turbo listed that low because they have already stomped that number. But I think the 1966-77 Ford Bronco will be the biggest bang for your buck simply because I know non-car people will readily and happily spend over $50k on these because they are so in trend.

Are ther any other cars that you think aren’t getting any cheaper and are rising in price?

DISCUSSION (11)

adamftw > Wobbles the Mind
12/28/2016 at 06:47

Range Rover Classics are definitely on the rise. You can find great shape drivers in non-rust states for 5 or 6 grand, throw a few grand at them to mint them out and sell for at least $20k on eBay. Grand Wagoneers were like this a few years ago now it’s impossible to find one that isn’t rotted out for under $10k. I can see Discovery 1s going this way too in a couple years, but not as high as the RRCs.

random001 > Wobbles the Mind
12/28/2016 at 08:01

I don’t care what they say, the C5 is going to get lower.

Patrick Nichols > Wobbles the Mind
12/28/2016 at 08:36

Early land cruisers, g-wagons, and vw caddys.

But we’ll see a price drop across the board as soon as the bubble bursts sometime in the next 4 years.

adamftw > Patrick Nichols
12/28/2016 at 08:53

LCs have always commanded a premium but holy moly recently they’ve been appreciating like 50-60s pickups.

adamftw > random001
12/28/2016 at 08:53

Agreed

theloudmouth > Wobbles the Mind
12/28/2016 at 09:29

Wall Street Journal ran an entire article for wealthy individuals looking to purchase a classic Bronco, Grand Wagoneer, Rover, etc a few months back. Their prices will explode quickly as they’re “in” but the long game I’m curious of since they can fall out of fashion quickly as well. My money is still on the two major points of 90's-early 00's Japanese “Gran Turismo” cars and the last naturally aspirated, manual transmission, hydraulic steering, less sophisticated traction control cars (E9X M3 / E46 M3 as shown above, 997 Porsche’s of all types, flat six Cayman’s, early GTS Viper’s, and the like).

I really don’t see C5 Vette values ever being sky high they sold so damn many. The C6 Z06 and other cars sold at their peak in the 08-12 time frame will likely be the greatest investment as hydraulic steering was at its peak and yet the economy globally was so depressed that total sales were shockingly low.

Eric @ opposite-lock.com > Wobbles the Mind
12/28/2016 at 09:36

Hagerty: By Boomers, For Boomers

I give this bubble no more than 10-15 years, then it’ll be a fire sale among Millennials and Gen-X trying to get rid of this old garbage their dads bought with their college and retirement funds, which will tank the market for the rest of them.

The only cars on this list that are even marginally desirable to our generation are 1, 6, 9, and 10. Maybe 7 as well. Appreciation will require that someone wants and is willing to pay to buy them. They’ll all drop long-term, except 6 and possibly 9, but I wouldn’t expect too much appreciation. Those are mainly going to hold value due to rarity. Only 6, 8, and 9 were limited production (10 wasn’t sold in huge numbers, either). The rest are pretty common.

interstate366, now In The Industry > Wobbles the Mind
12/28/2016 at 09:42

NSXs and LHD FDs. I (and others) think JDM FDs are going to be a popular import, and I could see there being more of them in the US by 2030 than the ones that were sold here back in the 90s.

JDM NSXs are only a tiny bit cheaper than USDM ones.

Sneaky Pete > Wobbles the Mind
12/28/2016 at 10:20

If you pay 50k for ab 03-06 Viper, you’re overpaying. You can find them regularly at 40k or less. The ones that are going to start increasing in value are the early Gen I cars (92-93) and the 96-02 GTS.

Nothing > Wobbles the Mind
12/28/2016 at 11:04

According to Hagerty, my Cougar is “worth” $12,700 in good shape. Time to sell!

They’re just an insurance company. I wouldn’t go by their analysis, to be honest.

wiffleballtony > Wobbles the Mind
12/28/2016 at 13:26

I’ll be sure to jump on that Enzo.