I've owned 2 of the 10 and now currently own 0 of the 10. I'm doing it wrong...
1. 2000-’06 BMW M3
2. 1997-2004 Chevrolet Corvette
3. 1971-’72 Dodge Challenger
Hagerty recently announced the top 10 classic cars to buy in 2017, and several recent models made the list. The E46—chassis BMW M3–one of the latest additions to the GRM fleet—tops their chart.
According to Hagerty, the list focuses on cars that are poised to be strong investments in terms of value growth and smiles-per-dollar. “One of the most exciting trends emerging is younger enthusiasts driving interest in newer vehicles,” McKeel Hagerty, CEO of Hagerty, said in the release. “Well-preserved vehicles from the 1980s and even the 1990s–some from long-term ownership–will continue to come to market as demand increases.”
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I feel like they may be a little late to the party with some of these (Challenger/Charger/Superbird). Do they really think the bubble won't pop on these at some point in the near future? I'm skeptical.
I would focus more on the 80's (Grand National, IROC-Z, etc.) and 90's (Integra Type-R, 300ZX TT, Lightning, etc.). Completely agree with the E46-M3 and the Viper.
I just saw a 1991 MR2 Turbo go on BaT for $18k. This was a $6500 car a year or two ago, and they're still out there in similar condition. I might have to pick up another one to get my MR2 lifetime ownership count to a nice round fifteen.
They really put the Enzo on a "buy it now" list? Really? When has that car NOT been on a "buy it now" list?
You know, I've been kicking around the idea of buying an Enzo. It's a good thing this article came along to give me the push I needed.
Little late on the Charger, Challenger and Superbird. Price has been through the roof on those for a long time, and is slightly less now than when the musclecar market was running at full-tilt in the early 2000s. The '71 Charger is the one to get, as the "fuselage" design never caught on like the Coke bottle cars, meaning they have flown under the radar for a long time, but can still be had with the pre-smog 440 6-Paks and Hemis.
I've got to buy all ten? Right now?
Lemme look at my checking account balance. I think I'm gonna be a little short.
Tyler H wrote: I just saw a 1991 MR2 Turbo go on BaT for $18k. This was a $6500 car a year or two ago, and they're still out there in similar condition. I might have to pick up another one to get my MR2 lifetime ownership count to a nice round fifteen.
I personally feel we will see a spike up of prices on 80s Japanese sports cars in the next few years. The Supra as mentioned on this list as well as the MR2, 300ZX, RX7 and even the 3000GT. Still love the RX7 ND.........one of the sexiest cars ever created IMO. Yes I know it's from the 90s.
NickD wrote: Little late on the Charger, Challenger and Superbird. Price has been through the roof on those for a long time, and is slightly less now than when the musclecar market was running at full-tilt in the early 2000s. The '71 Charger is the one to get, as the "fuselage" design never caught on like the Coke bottle cars, meaning they have flown under the radar for a long time, but can still be had with the pre-smog 440 6-Paks and Hemis.
Yep. I've been casually keeping an eye out for a '69 Charger. Prices are simply stupid. You can find running cars for around $30K, but basket-case projects without an engine still usually have asking prices around $10K.
Pretty much any small bumper Mopar that has a bit of sporting pretense and actually runs and drives will likely be a $10K car. Go look for a Demon with a slant-6 automatic. It's nuts.
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