Although collector car prices have softened, Hagerty thinks models like the Plymouth Prowler and V8-powered BMW M3 could grow in value
https://www.carscoops.com/author/chris-chilton-cc/
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by Chris Chilton
3 hours ago
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With its huge database of classic car values, and the need to stay on top of prices for its insurance business, Hagerty knows better than almost anyone how crazy the collector market has been in the past few years. So it also knows that the craziness softened in 2023, with some cars achieving lower prices at auction.
But that hasn’t prevented the team from delivering its annual Bull Market List and coming up with 10 vehicles that could see big value jumps in the year ahead. And it’s an eclectic list this time around, encompassing everything from a 1940s Detroit woodie to a 2010s Italian superwagon. Let’s dig into it.
1989 Lamborghini Countach 25th Anniversary
Related: These Are The Hottest Collector Cars You Should Invest In According To Hagerty’s 2023 Bull List
For a long while the final Countach was seen as far less desirable than the prettier, simpler, early cars, most people believing that Horacio Pagani’s aero additions spoiled the purity of Gandini’s original design. The skinny LP400s are still worth more but Hagerty says the Anniversary cars with their 455 hp (461 PS) injected V12s are catching up.
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Hagerty guide price: pay $612,500 for a condition 2 car
1946-50 Chrysler Town & Country
Apart from maybe a tiller where a wheel should be, nothing makes a car feel like it’s from another century more than a hunk of tree strapped to the side of it. But that’s all part of the Chrysler Town & Country’s appeal. The flathead straight-eight predates Detroit’s horsepower war, so they not quick, but that just means you’ll turn even more heads.
Hagerty guide price: pay $81,400 for a condition 2 car
2008-13 BMW M3
Everyone bangs on about the early 2000s E46 M3, and prices have rocketed to match. But with the biggest engine ever fitted to an M3 and the last one before response-sapping turbocharging took over, the E92 coupe that followed it has plenty to offer.
Hagerty guide price: pay $51,600 for a condition 2 car
1979-99 Mitsubishi Pajero Evolution
A truncated, hopped-up 276 hp (280 PS) SUV built to homologate Mitsubishi’s Paris-Dakar rally machines, the V6-powered Pajero Evolution was never offered in the U.S. when new, but now has a visa courtesy of the 25-year rule.
Hagerty guide price: pay $50,000 for a condition 2 car
2011-16 Ferrari FF
Can’t afford the $400k for Ferrari’s new Purosangue or are 952,00th on the waiting list? Why not consider the all-wheel drive FF, which does much of the same thing for less than half the money. While not the prettiest of Ferraris, they are hugely practical, both in terms of space and all-weather ability. Plus you still get a big V12 and no turbos.
Hagerty guide price: pay $143,000 for a condition 2 car
2000-05 Jaguar XKR
It took ages for Jaguar’s XJS to make an impact on the collector scene, so long was its E-type predecessor’s shadow, but Hagerty thinks it’s the XJS’s replacement we should be keeping an eye on. Available as a coupe and convertible and with (XKR) and without (XK8) a supercharger, the XK is small on space but big on value.
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Hagerty guide price: pay $26,700 for a condition 2 car
1965-70 Chevrolet Impala SS
Related: The Five Worst Muscle Cars Ever According To You
The famous mid-size V8 monsters that dominate any muscle car conversation all exploded in value years ago, but there are still some big-block bargains out there, including the full-size Chevy Impala SS, which came standard with 6.5 liters (396 cu. inches) of V8 goodness.
Hagerty guide price: pay $30,100 for a condition 2 car
1981-86 Jeep CJ-8 Scrambler
Classic off-roaders are big business on the collector scene and Hagerty has picked out the Jeep CJ-8 for its 2024 Bull Market list. You get the vintage CJ face up front and a practical pickup rear, plus enough style points and trail ability to offset the woeful lack of horsepower.
Hagerty guide price: pay $41,400 for a condition 2 car
1964-66 Ford Thunderbird
Think of a mid-1960s Ford convertible and we all automatically jump to the original ’64-66 Mustang. But the contemporary T-bird is better-equipped, came with big-block power and has a low, lean look that deserves more attention. Make it’ll get it after appearing on this year’s list.
Hagerty guide price: pay $41,300 for a condition 2 car
1997-02 Plymouth Prowler
Okay, so it doesn’t have a V8 or a manual transmission relying instead on a 214-hp 3.5L V6 paired to a 4-speed automatic, but the Prowler remains one of the craziest production cars ever offered by a mainstream manufacturer, and an appealing prospect for someone who likes the idea of a hotrod, but not wrenching on it every weekend.
Hagerty guide price: pay $34,800 for a condition 2 car
You can take a look at Hagerty’s complete 2024 Bull Market report, including driving impressions of the 10 cars, by clicking here. Which one would get your cash?
