Hagerty lists 10 collector cars to buy before values go up

Hagerty lists 10 collector cars to buy before values go up

2019 Bull Market list features ‘emerging collectibles’

Just in time for the start of the new collector car-buying year, just getting underway with a 3,500-vehicle offering at Mecum Auctions sale in Kissimmee, Florida, followed next week by Arizona Auction Week, Hagerty has published its 2019 Bull Market list of “emerging collectibles.”

In other words, these are the cars that the insurance and car valuation-tracking company sees as ready to rise in value because, Hagerty says, this list “reflects (the) rising influence and tastes of millennials, including newer model SUVs, pickups, imports, and cars they played in video games.”

“Get ‘em before they’re hot,” Hagerty noted in sharing its list of “10 mostly later-model cars and trucks that are fun to drive and poised to rise in value.”

Who knows? You might see a few of these Sunday afternoon in Scottsdale when ClassicCars.com stages its Future Classic Car Show.

The 2019 Bull Market list includes these cars, and Hagerty’s “take” on each of them:

1972-75 BMW 3.0CSL — “The granddaddy of BMW M cars — not just another 911 at the car show. Rare and always will be. At heart a comfortable grand tourer. These cars aren’t common, and their values are up 10 percent in the past 12 months. Even though cars in #2 condition are valued at $250,000, we think there is room to grow.”

1997-2004 Porsche Boxster — “The large number of cars built and some known quality issues mean the values for this genuine son of Stuttgart have depreciated into widely affordable territory. You can be lapping up the top-down delights of a Boxster while enjoying nearly perfect ergonomics and carving your favorite road to ribbons — all for $15,000 or less.”

1984-93 Saleen Mustang —“Bone-jarringly stiff, unapologetic, absolute race cars for the street, these early Saleens are still trading for not much more than a garden-variety Fox-body Mustang GT. For now. Don’t say we didn’t warn you.”

1996 Chevrolet Corvette Grand Sport —“Just 1,000 examples built in one year means these cars are rare, fast, and distinctive. In a Corvette — in fact, in most cars — those factors add value. Plus, most Grand Sports were treated as collector cars from new, which means lots of low-mileage choices out there.”

2004-07 Subaru Impreza WRX STI — “The real-life versions of the cars we played in Need for Speed were too expensive for the kids who wanted them. But as those kids became adults and made money, the cars got older and cheaper. Good examples are hard to find today but they are that much more valuable.”

1985-89 Toyota MR2 — “A car-magazine favorite when new that represents all the cool design things about the 1980s. Clean cars in #2 condition are still less than $15K, but values are up 25 percent.”

2004-06 Dodge Ram SRT10 — “Our insurance quotes are up 40 percent, and 61 percent of those are from Gen X and millennials, meaning the interested parties are under 55. Auction sale prices are up 15 percent.”

1980-1986 Ford Bronco — “Jurassic-period simplicity; parts available at the grocery store. A usable classic that carries your dogs. There wasn’t a big performance difference between all the model years, so there isn’t a big falloff in values from the ’70s to the ’80s. Millennials are twice as likely to quote a third-gen as a first-gen because they’re cheaper; a Bronco in #2 condition can be had for $15K.”

2008-09 Pontiac G8 GXP — “The last hurrah of the Pontiac brand, the GXP was the only G8 available with a manual trans. Members of the Pontiac fan club are crazy excited about their cars in general, and when the brand was discontinued, they went nuts and became even more enthusiastic. Values are up 10 percent over last year.”

1994-96 Buick Roadmaster Estate Wagon — “Is this the AMC Pacer of the ’90s? The number of insurance quotes we give on this car leads the overall market by 14 points. The quoted values have pretty much bottomed out, which means they are done depreciating. We don’t see them at the auctions yet, but they have a big cult following on social media, and there’s nowhere for Roadmasters to go but up.”

Get ’em before they’re hot

Hagerty said the list “was compiled using data from the Hagerty Price Guide, Hagerty Valuation Tools, Hagerty auction research and requests for insurance quotes.”

Hagerty notes that its valuation team was founded in 2011 and has become “the most experienced and authoritative in the collector car hobby, inspecting more than 14,000 auction vehicles per year and providing more than a million car values in the annual Hagerty Price Guide.”

For more information about the Bull Market list, you can visit the Hagerty magazine website.

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6 Comments

  • Greg Bloomfield
    January 11, 2019, 9:29 PM

    Larry, Larry, Larry…….Fie, everlasting FIE upon you and all you hold dear, my good sir for having the temerity (along with the good people of Hagerty, of course) to have literally exploded the lid off
    of what I thought to be a rather well-kept secret regarding the ’94 – ’96 Buick Roadmaster Estate Wagons!@!#$????!!
    I purchased a ’96 Estate Limited Collector’s Edition from another Buick nut, Kent Painter, in Richland , NC during the summer of 2006…..it quickly becaame my favorite all-time car due to
    it’s quality Buick construction, it’s insatiable ability to swallow TONS of cargo; and it’s excellence as a long-distance highway cruiser ( 24mpg).
    Said ’96 was finished in glacier (light) blue metallic; and was constantly the target of fond and wistful recollections of ALL who beheld her. She(her name was Buelah, an evocative Southern name, if there ever was one…); and in late June of 2012, she was brutally and unceremoniously
    dispatched by a drunk(?) or enraged drive of a large pickup or SUV in a Lakewood, CO parking
    lot. It was the first and only time I fell victim to a hit-and-run driver. I’m afraid a woman and
    her young daughter noticed me as I was wailing, "Oooooooh noooooo!!!!!" and sobbing as I beheld the offending motorist’s handiwork…..totalled beyond repair…..boo hoo, indeed!
    Now I have both you and Hagerty to thank for spreading the Roadmaster gospel out of church……….You must realize that this info will spread through the Car Guys’ and Gals’ network; and thereby to every used car dealer/private owner….this will inevitably result in these folks adding a whopping $2000 to $5000 premium over current book values……
    Thanks a bleeding TON, my good man; I hope you can sleep at night, because I’m going to paint your name on a 2 X 4 that I carry around in my car to teach a lesson to miscreants of every stripe.
    Please note that temporary restraining orders will have the general efficacy of shouting into a hurricane force wind….
    I am planning to open a dealership dedicated to the fine American made cars of the final quarter of the 20th Century (excepting K-cars and the abominations that GM thrust on it’s buyers during
    the 1980’s); and I will be featuring principally the exceptional full-sized examples of Buicks, Oldsmobiles and Chevrolets (Vista Cruiser and Caprice Estates AND Roadmasters) front and center……
    Remind me NOT to send you an invitation to my Grand Opening (just kidding, you are more than welcome…but don’t get any ideas about bogarting any cookies or juice…..)
    Seriously, though, it’s nice to know that my premise IS a sound one….
    Look for the press releases regarding Bloomfield Fine Motor Cars Ltd. later this year or early in 2020. I’ll be starting in the Colorado Front Range Metroplex, but have plans to be in, at least 8-10 metro markets eventually…
    Cheers, my fellow car nerd, and as is said in "Nawlins", Bon temps, roulle"..

    REPLY
  • Philip Caravella
    January 12, 2019, 3:17 PM

    I read recently that since Bentley did not churn a profit in 2018. VW – the owner recently was noted to comment that if they do not turn this around within the year they will close Bentley down. Should that happen, how will that affect the value of existing Bentley cars?

    REPLY
  • t smo
    January 12, 2019, 3:21 PM

    yep the station wagon has its value ,maybe the gxp as well , the others are valuable because nobody wanted them at the time or junked them for various reasons,,so now there aint that many .
    Just like them drug crazed , orange , lime green and purple cars of the decade. YUCH!

    REPLY
  • Ryan Corman
    January 12, 2019, 6:56 PM

    G8 & younger sister Chevy SS great cars, ‘specially with the manual. Acquaintance has 3 G8s, one stock auto, one mildly modified auto, and one blown, extensively modded manual. Just so ya know, the "Pontiac" G8/"Chevy" SS are actually Australian built Holden Commodores, adapted and Federalized for import to the US.
    Me? 40th anniversary Holden Monaro/Pontiac GTO in Torrid red, of course a manual (GTO, donchakno).
    Why a 2dr, LS powered, leathered up, true dual exhaust and most discreetly styled 4 seat Corvette (does have a true independent rear axle, unlike Camaro/Firebird & earlier Mustangs) missed this list I can’t comprehend (idiot ‘zine critics at the time called it a "bloated Cavalier", yet I can avoid "law enforcement" simply by the profusion of morons in cars that appear to be designed by 12 year old anime addicts on bad meth- Toyota/Malibu/any Nissan/Hyundai/Kia, I’m talkin’bout you, ‘specially you got that giant can exhaust, hey?). Skip the ’05/’06 fake hood scoop, generic fake 4" dual exhaust outlet/"diffuser" versions. The flat hood, duals crossed to the driver’s side/plain rear valance ’04, with the somewhat underrated 5.7 LS1 (349hp?) is the one. 40th anniversary, Bob Lutz love, eh? Oh, and Lutz purposefully had the Monaro exhaust crossover blocked, to replicate the sound of the original 389. Back out at 3+ grand in second, you’ll hear.
    I drive the GTO year ’round in Fargo, ND. Winter, I use top of the line Goodyear snow tires on the factory rims and three standard concrete blocks in the admittedly small trunk. The traction control, ArcticGrips, and extra weight (in the trunk of an already 3800 pound car, with my 260lbs in the seat) allow me to commute every bit as well as I have in anything short of a built 4×4 or tracked vehicle.
    Downsides are the low front plastic, having to often start in second gear, and absolutely abysmal fuel mileage. I don’t think that Australians understand winter- the cowl fills with ice/snow, which left uncleared interferes with wiper function. The double, dust-free door seals will seal you out if you wash the car in below freezing temps, and the generic plastic GM doorhandles don’t allow enough leverage to pop ’em. Otherwise, I enjoy power and traction comparable to the best Audi etc cars, the control of a manual transmission, and the strokes of thumbs up/support from folks on the sidewalk every day. How many of you SUV "driver’s" get props from the curb, hmm? Would you notice anything not on your phone?
    G8 is only a 4dr GTO. Why not include the 2drs?
    ‘S ok. Keep ’em cheap- I can get more! Spring, I gots a 408 LS short block with a Thump’r cam going under my already built top end/intake system, and there’s an ’05 with front damage I can get for, well, not what the Tremec’s worth.
    Peace ‘n’ Pontiac.
    R
    Fargo ND

    REPLY
  • Mike Paull
    January 13, 2019, 11:09 AM

    Well, not even one vehicle on this list I would want to own. Maybe the Bronco, but I would use it as it was intended, not as a collector car.

    REPLY
    • D.L. L. II@Mike Paull
      February 26, 2019, 1:08 AM

      GEEZ Larry! – First of all here’s a compliment for you and all the work you’ve put into making this a great series. They’re the ONLY, (even monthly), emails i’ll allow, accept, or actually tolerate! I really enjoy your love of cars. Probably because i’ve been working on car lots every year since i was in 4th grade! I truly love cars, and therefore believe i qualify as "A Car Guy".
      However, this article messed me up. I’ve owned 3-BMW 2002’s, and 3-3.0’s and THIS article was almost a punch in the gut!, let me explain. You guys stuck my dream car right up front in your photos. Then topped it off by placing it on the top of your list! l happen to have traded my last ’73 3.0CS in ’87 for a SCCA Sports Racer which arrived home as a load of spares filling a U-Haul Box Van and trailer. When i pulled in the driveway with it, my wife came out to see, and with one quick look exclaimed; "You traded your car for THAT", then turned around in tears back through the front door. It was a 10 Point, factory loaded, Verona red (w/out a swirl-mark on my paint job), and every high performance trick through the engine intake, exhaust, drivetrain output and grip, steering, suspension, and aerodynamics.
      But after 4+ months of 12 to 17 hour work days, and 3:AM late nighters, my first race i took home a third place trophy – but I was more excited that after replacing every rivet, wire, rebuilding an entire Cosworth and Hewland myself…, it ran fast, furious, and it FINISHED! And even after winning everything from the SCCA’s Rookie of the Year, 13 years of Regional, Divisional, National, and even Professional Championships, 11 Race Track Lap Records, and an 11 year run – I finished with a 72% Podium finish record, (43% 1st Place)!
      But still not a day went by which I didn’t really miss my Bimmer, and wished i’d found another way to afford racing. Now i’ve been desperately searching to purchase an identical version of that car for the past three to four years, and I’m sure after your article, that if there were any owners who may have been on the fence about selling, one may just show up. However i just gotta repeat myself here:
      GEEZ Larry, if i do find one, YOUR ARTICLE COULD COST ME AN EXTRA $50,000.00, or more! That’s enough to get my race cars out of storage, and start buying lot’s of sets;
      of fresh rubbers for them!

      REPLY

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