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Hagerty
Hagerty Employee

2022 Bull Market List: 10 collector cars primed to take off this year

Without wishing to strain the limits of understatement, this has been quite a year. Far into the future, economists will still be debating this roller-coaster ride, with its supply shortages and price spikes and disappointing employment numbers, despite help-wanted signs seemingly everywhere.
https://www.hagerty.com/media/magazine-features/bull-market-2022/
85 REPLIES 85
BossGreg
Detailer

What was it , a Chrysler 300?
Padgett
Advanced Driver

I'd vote for the Studillac,
beeser
Intermediate Driver

In 1933, Hudson dropped a 244-cubic inch straight-8 into it's junior Essex-Terraplane line. From the Wikipedia Terraplane entry:

 

"The 1933 Essex-Terraplane 8-cylinder cars were believed to have the highest horsepower-to-weight ratio of any production automobiles in the world, and were favored by several gangsters of the day, particularly John Dillinger, Baby Face Nelson, and John Paul Chase, for their lightness, acceleration, handling, and discreet appearance"

 

May not be the first, but a good 30-plus years before Pontiac "invented the Muscle Car"....

Red246GT
New Driver

I have owned my 246GT for over 40 years. It was never considered a Ferrari when I bought it. I liked the looks of the vehicle and even after three V-12s and one Challenge Car have passed along to other owners I still have the car. I have been told it is a special car because it is a European GT with flared fenders and wide wheels. That could be fact or fiction but I'm still happy with the car.
thedesertraven
New Driver

Another wonderful professionally written article with insights about the current and upcoming market, with just the right side amount of spicy adjectives.
Though it is not likely that a humble inhabitant of Roll, Arizona will be reaching in the baggie back pocket of their bib overalls to shell out $400,000 for a Ferrari 246, a humble farm boy like me might be able to scrape up 5,000 for a marginal early example of a Mazda RX-7 or Suzuki Samurai!
High roller or hayseed, if you're a car lover you can only hope!
Padgett
Advanced Driver

Be interesting to look at modern cars that can be had in the $5,000 range:
Mercedes SLK320/Chrysler Crossfire (mostly same car) V6
Allante (89 -92) V8
Fiat 124 Spyder (first version) DOHC-4
Pontiac Fiero GT V6
Agitator44007
New Driver

Well I’ve got to say Ferrari all the way. That being said I’m not sure I’d want a Dino. I do own a testarossa which is for sale but I wouldn’t mind a 488! As far as value; have you noticed price on vw’s? Used to buy for under $2k not anymore.
hahnmgh63
New Driver

I can't agree on the Tesla Roadster. Great Chassis from Lotus but I remember when they ran it against a real Lotus on Top gear it was fast in a straight line but too heavy in the corners and just trying to get it around their track they they never completed as two separat Teslas broke and they couldn't get a third. Lotus' cars were/are designed to be light, a heavy battery pack killed the design.
MustangJim
Technician

Very good article as you showed not only varied marques but the full price range. So many people that that middle income people are priced out of the collector car market. Sure, I can't buy a Dino but I could get an early RX-7 , Volvo or Cadi ( Personally I would go for a 65-66 Falcon Futura). Was very surprised to see the Samuri but I guess there is a big market for it, especialy since the Gen X-ers grew up with SUV's . Full aplogies in advance to the Samuri fans but I guess they are pretty rare now , they did'nt seem to hold up very well, at least around the Northeast. Maybe I am wrong, seems the older I get the more times I am wrong
Hacksaw
Detailer

Why the focus on all that foreign cars when there are so many great American cars to pick from. Many years ago I went to the auto parts store to pick up a starter motor for my old Chevy truck. The gentleman in line ahead of me was also getting a starter motor for his car, a Honda. His starter motor was $75 and mine was $15. I picked up a used BMW that had a bad fuel pump. $200. Chevy fuel pump, $12. Would not consider those foreign cars.
Aquay_Mizmo
Detailer

I think you are missing the mark with this article. Sure, millennials is the growth market (and I am surprised to see the late 60's Caddy numbers), but the pre-boomers are looking for a favorite chair (or in a rest home) at this point. Guys who grew up with cars in the 50's are coming to a soft market. Also, Hagerty data on 90's vintage cars can't really be trusted as those buyers are probably going with their late model car insurance companies. I know I am on my later model super cars as Hagerty quotes are not competitive.
Mansancar
New Driver

How can I ever forget my 1985 Suzuki Samurai, they forgot to mention driving in Los Angeles freeways felt like galloping on a wild horse, also the line "Fast only when driven off a cliff" was a bit harsh, I remember putting the pedal to metal on mine and my hair actually moved.
DobsonFly
New Driver

Nice line-up, but IMO, there's a Swedish car which has been market-dormant for a very long while but is now finding an audience and gaining value. IMO, a well-kept original condition, pre-GM Saab with low mileage is a tough find, but they are fantastic, quirky cars that will be a future collector's prize.  

 

beeser
Intermediate Driver

Saabs had been going downhill for decades; in my opinion, at least since they went from SAAB to Saab. But will any of them ever become worth anything? As a Sonett III owner for 35-years, I can attest that just because something is rare, doesn't make it valuable, or even appreciating....

lepiane
Intermediate Driver

I had a second generation RX-7. Always thought of it as a great looking car, top up or down.
Ragtop69
Detailer

Looking at the selection of cars you feature in this article, you are proving yourselves as out of touch with America as the Democrat Party has. The only one of those cars that I ever owned was an '81 RX-7 GSL. The rest, with the exception of the GTO, are cars I could have never owned or would have never owned. Relevance guys!
SJM1
Intermediate Driver

I drove and owned these cars when they were new. I still have a Porsche 944 Turbo, my Mom's car, that she drove for 35 years. It's very original, and we have had lots of experience maintaining it... Which is why it doesn't impress me much. The 968 is actually a far better machine, and easier to maintain, so good pick.

The Dino is fabulous, but you need $300K to open the door, or more. And then, what do you do with it? I'd love to have one, but... How much fun could I have? I went through this with my R5turbo when it entered 6 digit territory. No more flinging it through the canyons with its flawless original paint and hard to find tires. Every corner entry had the thought "100K+"... So now I restore them for others. 'Bought an early Morgan +8, figuring that it will appreciate enough to send my young daughter to college about the time she takes away my keys. I am having a lot of fun with that.

The GTO and the Cad are still the same barges now as they were then, only more expensive, and likely not as fast as any modern sedan with near 300 HP. The workmanship and handling really didn't do much for me, and most of the restored versions I have driven only bring back to mind all the reasons that I didn't buy one back when they were new.

Land Rovers ae special, because they are properly focused, and very specialized. Parts are available and they don't require the care that, say, a Dino or a primo GTO would. Park it anywhere. It will never be painted in some custom color that can't be patched should it get a ding.

I owned a couple of Volvo Turbos, and they are great fun. They steer well, and can handle quire well with a set of proper tires and dampers. There was a factor boost kit for the 700 series cars, and the gearbox was a wonderful thing to shift. If you tire of the 4 cylinder, you can put a Ford 5.0 in it, or a Chevy LS3 with a 6 speed. Why not? And they are practical, with available parts and plenty of knowledge to keep them running.

The Mazda is cool, but hard to find a good one, which will drive up prices... So look for a good one now. Same for the Suzi, which fits more into the Land Rover mind set, but cheaper and smaller. Would make a good book end to a Land Rover collection.

I don't want to rain on anyone's parade. I am old, and have a pretty good memory of what I liked, and what I still like today. Thinking about what would be cool to have in 20 years... How about a Chrysler Crossfire? The Subaru BRZ/Toyota would be pretty nice to have. Miatas will always be good to collect, just as TRs, and MGs are today. Fox Mustang 5.0s are going to be a good bet, as they have lots of good parts available, and can be built into very impressive track cars with careful parts selection and development. There are also quite a few HP increases that don't run afoul of the emissions laws. They are still relatively cheap. If you can't afford one of the rare Saleen Fox cars, you can build something better from a parts catalog, in your garage.
Soggytom
Intermediate Driver

Hate to tell ya, the 1965 DeVille wasn't Cadillac's only convertible. You forgot the Eldorado, which was still the super-luxe convertible it had always been, through 1966.
Tennbull
Pit Crew

There’s these SUV’s called Landcruisers that are rising quickly.Versitality and durability seem to be their strong suit.
Ottoman
New Driver

Still glad no one has latched on to the C4 Corvette LT1 with ZF 6 speed. Should be on this list, but everyone keeps generating lists like this which keeps these cars down in value. Suits me fine. If anyone is really interested in a car that was engineered with real purpose, read Dave Mclellan’s book ‘Corvette from the Inside’

In my opinion, race cars from the factory. With a little tuning and some high performance parts, absolute track monsters that can be bought for a very reasonable price.
Gary_Bechtold
Specialist

RX-7's and the GTO are the only things on this list I would be interested in owning.
pterodactyl
Pit Crew

I have found two affordable MG's to be wonderful cars to own: the MGC GT and the MGB GT V8. Both offer great driving experiences, are quick (especially the V8) by today's standards and can be found in condition 1 or 2 in the 25K-50K range. The V8 is available only in RHD, and if you want exclusivity, there are only 20 or so in the US.
Norv
New Driver

GTO's were not the first muscle cars. ô¿ô
SJ
Technician

Well done as usual, must be a lot of work to put together.
11JA
Intermediate Driver

The Dino is deservedly an iconic Ferrari I owned one from 1976 to 1987 when I’ll starred stock market investment (gambles) almost bankrupted me and it had to go. During my ownership it was used as a daily driver, weekend circuit races and sprints and it never needed more than regular oil/stroke filter changes and altered tyre pressure for race meetings. It was a sad day when it drove away and I regret it still and not because of its present value.
STLUCIEAPPRAISA
Pit Crew

This was a great read. We're appraising the value of a Land Rover Defender right now. I can report that the comparables we've found thus far bear out the valuation opinion of the author. It was also enjoyable reading about many of the cars on this list that we have appraised in the past, notably a 1966 GTO, Tesla Roadster, numerous Pagodas and a 1967 DeVille. Looking back at the appraisals we did years ago strongly illustrates a significant upswing in classic car values.
Inline6
New Driver

..had the opportunity to drive the Tesla roadster. Wow!..what a unique vehicle. However I much prefer the feel of the acceleration and torque of my Z4 BMW. I guess it's a personal choice. Hope they don't become a collectible before i can get my hands on another one.
4x4andmore
New Driver

There seems to be a lot of talk back towards the Mercedes and the GTO. When it comes to the Dino all is good. What I am seeing and actually seeing here though is the sudden arousal of some of the classic 4x4, the Suzuki in all its glory no matter what I think is priced highish and good luck finding one that is not so full of rust that it would cost more that the care is worth. However, then we have the defender 90 this has been a classic for a while IMPO but with it coming back to market although without the live front axle as I understand it, I like to see it value grow but you would be hard pressed to find a good later model 90 series in the 30K or high range as it is and now idea on the shape not to mention the Maintenace required on all Rovers. With resurgence of the Bronco, we have seen a spike in older Bronco restored values. The question is how much longer until we see the 03-06 TJR and LJR Wranglers hitting a high price point or for that matter the Willys/Kaiser 67-70 Jeepster Commando or the later 71 and 72 AMC Commando (Jeepster Bullnose for those in the know) The Bullnose has the looks of early 70's Scout's and Bronco's. I personally look to see Jeepster Commando's C101 and C 104 start hitting in the 30K+ range in the very near future and later if market takes to these Vehicle's the Wrangler TJ(Rubicon) or more importantly and rarer the LJ Rubicon. I love my Classic Muscle do not get me wrong. But I am an avid Jeep fan mostly because of the outdoors and regardless of what the commercials say, or people tell you, you have to Give Chrysler credit with the first iteration of Wrangler Rubicon as it was the 1st stock production 4x4 that could make it up the Rubicon trail.
MrBill-1943
Advanced Driver

For me the best and the brightest are those that if they drive by "Turn my head" for a second look. 66-67 GTO, 65-70 Cadillac De Ville are 2 that would do the trick along with a possible quick peek at a 63-67 230SL, other than that same old same ole.
MYTFAST
Intermediate Driver

Stupid article - not even worth reading!!!!
rtbasey
Detailer

The GTO's are beautiful cars but my first choice would be a Catalina 2+2 421. But I am wondering what will the market be like in 10 plus years. After many auto manufactures have stopped or are about to stop the production of internal combustion engines. Will gasoline have been subjected to regulation making it far more expensive? Will many lesser 50's and 60's cars be a difficult sale as collectors expire and their younger indoctrinated heirs have no interest and they are expensive to operate (if not stick shift) and not museum worthy by any means. Also, will end of the line factory supercars like the C8 Z06 become collectors items?
ZeGerman
New Driver

I'm a little perplexed by the claimed valuation of $100-129k for a 1966 GTO in #2 condition. I have owned one for 25 years, and I always closely watch what they sell for (or are bid to). You can get a nice #2 GTO for under $75k all day long. I can't recall seeing a '66 get over $100k. The only GTOs that ever get that high are the later Judge cars in #1 condition. Now quite sure how you settled on such lofty numbers for the '66. I think they're the best looking of all the GTOs, but I don't see them cresting six figures in #2 condition anytime soon. Not even close.
ZeGerman
New Driver

*Not* quite sure...
Calstickshift
New Driver

I drove an 85 RX-7 for over 100k miles. Really a fun, enjoyable car. The build quality tended to incentivize using it up and throwing it a way versus restoration though.
haroldbrandner
New Driver

I had a 230SL and now have a stock original paint 280SL 4 speed. The 280 is superior because of more power and the 5 main bearing crankshaft. A real fun car to drive even today.
Engine turns like a Porsche 911 3.0
MeanMrMustard
Intermediate Driver

Hmmm. The car lover in me enjoyed this article but the cynic in me has some doubts …

Does a 5% uptick warrant being included in this article? I don’t think that’s a significant enough change to add the Suzuki Samurai to this list. Maybe the author needed a filler.
And if I remember correctly it was rated one of the worst vehicles ever for crash safety rollover protection and didn’t it have had a tendency to tip over in curves? And it begat one of the ugliest badge engineered cars in General Motors history, the Geo Tracker. I remember those coming in all those Easter egg colors so indicative of the 80s and early 90s. A stellar debacle for GM and for all those unfortunate dealers who opened a Geo dealership. But then again there were Saturn and Hummer dealerships too.. both GM bombs. Those are making somebody’s lists somewhere.

That Porsche I thought that was like the redheaded stepchild of Porches. I didn’t think anybody really wanted that model. I went to a Porsche dealer once and sat in a Cayenne and saw that it had the same switchgear as my 2002 beetle turbo at 3 times the price and walked out of the dealership.

The Land Rover Defender… Now that’s a rig with an indefensible reliability history. Romantic in a being chased by a rhinoceros kind of way but nothing I would touch with a 10 foot African spear.

And as for the Tesla well it is good to see an electric coming up in the ranks… they are the future.