The stock market has plunged into a crash wall like a safety-dummy strapped into a Volvo. So your hawk-like mind must be thinking of alternative investments.
Here is what Hagerty – the insurance company specializing in collectible cars – suggests are good investments NOW in collectible cars.
It makes sense that an insurance company specializing in insuring classic cars might be able, if they wanted, to predict what current cars are undervalued and are on a trending rise in terms of value. Hagerty would be that company and click on Hagerty: August 2015 to read their full online post of 10 cars they think are a good investment, at least long term.
What follows is a summary of Hagerty’s assessments. See original article for links to graphs of price trends.
1984-89 Toyota 4Runner Quirky 4Runner seems to be the off-road Toyota of choice for entry-level collectors now that they’re priced out of the FJ40 Land Cruiser market.
1990-96 Nissan 300ZX Some say the heyday of the Nissan sports cars ended the day the last S30 (280/260/280Z) rolled off the line. While Z-cars did get progressively more luxurious as time went on, the Z32 model introduced in the U.S. in 1990 was a brilliant car. Still a great deal, but likely not for long.
1992-95 Porsche 968 Looking for up-and-comers in the air-cooled Porsche world will find little. The train has left the station for the 911, 912 and 914, so it’s the water-cooled cars that savvy buyers are looking at now. The 968 is the scarce successor to the 944. With a massive 3.0-liter four-cylinder engine and variable valve timing, the 968 was no slouch in a straight line and one of the best balanced and sweetest handling Porsches of all time. Only 4,700 came to the U.S.
1992-2001 Mercedes SL600 The R129 SL had the unenviable task of replacing the much-loved R107 series (1971-89). The 6.0-liter V-12 model was added to the range in its third model year. With just shy of 400 hp, it was light years ahead of any previous SL performance-wise. R129 SLs are now showing up at auctions, a sure sign that they’re hitting the radar of collectors.
1995-99 BMW M3 The E36 M3 spelled the end for the edgy four-cylinder M3. The smooth BMW straight-six in the new M3 put out just under 250 hp and was a wonderfully balanced handler. Bright throwback colors like Techno Violet, Dakar Yellow and Estoril Blue are particularly sought-after but prices have yet to skyrocket for any but the rare 1995 lightweight model.
1981-93 Ferrari Mondial The Mondial has been the perennial underdog Ferrari. But Mondial prices are climbing. Offered in 2+2 coupe and convertible body styles, the Mondial shares the revvy 308/328 flat-plane crank V-8 with all of the visceral thrills that entails. Striking Pininfarina looks, decent reliability, Ferrari sounds and room in back for the kids? What’s not to like?
1992-95 Volkswagen Corrado VR6 Looking a bit like a grown-up MK I Scirocco, the Corrado VR6 was regarded as a legitimate cult classic before it even left production. While a front-driver, its handling can’t be faulted and the narrow-angle V-6 addresses the shortcomings of every sporting VW that came before it. Good ones are rare indeed and worth keeping.
1998-2006 Audi TT MKI The first-generation TT is a sure-fire emerging classic. With unmistakable styling courtesy of Freeman Thomas, it’s reminiscent of a 1950s Porsche 356 in some ways. The Bauhaus-like interior is a design freak’s dream as is the optional baseball glove interior. Now is the time to snap up a V-6 Quattro coupe.
1971-76 Cadillac Coupe de Ville Chalk this one up to the perennial favorite status of Martin Scorsese films, but the full-size Cadillac de Ville of the early to mid-1970s is gaining in popularity with Gen-Xers in the USA.
1982-92 Pontiac Firebird Trans Am “Smokey and the Bandit”-era T/As are now sought-after collectibles. Waiting in the wings are the “Knight Rider”-era third-generation cars. With the generation who grew up glued to the TV to see what the Hoff and KITT were up to now coming in to some disposable income, it’s only a matter of time before these cars see a serious increase in value.
Commentary and pix from Hagerty article: Ten Emerging Collector Vehicles
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