This week's question focuses on the undervalued vehicles in our society, ones that are just ripe for an explosion into the rarified air we now see for cars ranging from Shelby Mustangs to Toyota Supra Turbos. Or Ford Broncos to Toyota Land Cruisers...I think you get the point. 😀
So what, in your opinion, is an undervalued car that's primed to become the next hot collectible?
Ones that have been on my radar are these low volume cars. They are just now entering that age where people are going to take notice.
Syclone and Typhon, both have done well but I expect big jumps for stock unmodified models.
The V6 Turbo Trans Am Pace cars. I am shocked they are still affordable. This is a GN that turns and stops.
The GTA 4th gen Trans Am notch back. So few were built many have never seen one or even know they were built.
The Grand Prix 2+2 1987 and stock Monte Carlo SS fast backs with T tops. The Superbird and Daytona of the 80’s.
The Fiero will not let you retire but I expect prices to jump for clean, low mile models. The V6 cars, pace cars and cars with rare or hard to find parts like the DGP imsa body will command higher prices and interest.
Farther in the future the Solstice, Sky, HHR SS and Cobalt SS with the LNF engine and GM tune will be in demand.
Any model tuned by the GM performance division.
Note these are just my GM picks I have been watching. There are a number for most companies. Less some of the duller brands.
Chevy Trailblazer SS 2006-2009 with the Corvette LS2 motor. Many have high mileage and have been beaten up, but there are still some good ones out there, and aftermarket fixes for a few of its issues.
Thinking well maintained driver quality porsche 928 (all years). GTS is already sought after, but out of my price range. Also looking at Mid 70’s C2 (74-77 rubber bumper notchback) don’t get enough love. Suffer from 70’s hp malaise but relatively easy and inexpensive to “wake up”
How about the Bentley Azure T. It was the flagship car for Bentley and only produced for one year that being 2010. 80 were built and only 57 are left hand drive. It was the last LARGE convertable that Bentley built.
Any 3-series, e-91 (wagon) with RWD and MT from the years 2007 - 2013. Little over 400 imported during that time. Problem is we can't stop driving them. Any with less than 100k miles are easily worth double their sedan equivalents. Find one under 50k with m-sport and you're talking $30k(!). Find a nice one with AT? Convert it to MT and flip for a profit.
It’s already happening… but the Holden “Pontiac GTO” is jumping (especially the 2005 and 2006 models with the bigger engine and less subtle hood and rear bumper). The Toyota FJ Cruiser of any model, but the rarity of unmodified and low mileage Trail Teams editions is going to do what the Landcruiser has already done. I’m mad at myself for selling the 2 that I had. The V8 4Runner 4th generation is also primed to jump. I get asked how much I want for my low mileage 2008 every time I drive it. Toyotas that didn’t rust seem to be a big seller now, as those of us who so wanted a Toyota 4X4 as kids in the 80’s now have our own money and don’t have to hope our grandfather hands down his old Chevy farm truck for us to go off-roading.
Porsche 987.1 Boxsters and Caymans are a hoot to drive and (relative) bargains) today.
Also just to to prove that i have eclectic taste in cars: GM 3.8 Supercharged V-6 cars are neat but un-loved -- many models of Buick, Pontiac, Olds and Chevy to chose from.
Lexus SC300 and SC400 coupes.
Especially original 5-speed SC300s.
I estimate there are 500 or less original unmodified 5-speed SC300s still in existence (out of an original total of 3800 1992-1997 models).
Mercedes-Benz SLS AMG (2011-2015) Coupes--there has not a "gullwing" produced by M-B since the mid-1950's 300 SL's and the number of the new gullwings was relatively small. The car was one of the last true V-8's produced by M-B without turbos or superchargers and they have a nice NASCAR sound to them when they start and when they are under acceleration. The cars are very well made and mostly problem free (batteries tend to give out every two years). The car drives like a dream and its 563 hp provides excellent acceleration and a near 200 mph top end. Only downside of the car is that none were stick shifts; all were automatics with paddle shifters. The car is already appreciating in value, but will go up more rapidly as people realize how few of them were produced.
The post-round tail early Alfa Spiders (Kamm-Tail) should start to pick up. They're great cars and many have turned to rust, lowering the population. Until about 74 they had chrome grills and bumpers, then they started getting ugly. A very high quality 71 just sold for $37,000. I think that's a record for the Kamm-Tail version.
Honda S2000. Difficult to find an unmolested one, but worth it for autocross, track days as a largely bulletproof Honda yet still has great lines for cruising. A you don’t see another one at every stop light.
Jaguar produced the XJS from 1975-1996. That's a long production run and gave Jaguar the opportunity to refine the model multiple times. Looks like 1995 might be the best year for quality/reliability. The XJS compares quite favorably to the Mercedes 450 SL of the same era which had 2 body styles over that timeframe. I suspect prices for "excellent drivers" could be in the mid 20K in a few years.
Not just rarefied air, affordable options abound. Examples of mid 90's Firebird/Camaro, even base models, are ripe for car hobby starters. Cars that have style, costing under $15k and are in great condition, offer entry level options that aren't the Fox body pony car.
To drive and enjoy....
Enough with this investment nonsense. Please. If you want to talk about money, visit your bank, invest in mutual funds and real estate. Let's focus on both the why and how a given car was built--most buffs knowing dear little about the former, and their design, engineering, qualities, weak points, drivability.
You know, c a r s, not coin.
If you're a real, let alone discerning, car person, you could care less about the latest must have or auction darling.
ps. You do realize Hagerty runs these me-too articles, fans these flames to get free consensus of current value because they're an insurance company, despite the everything for everyone window dressing of this site and magazine.
@Inline8OD Yes, that sounds logical from the user's vantage point. The reality is you have a little too much faith in the forum moderator's (i.e. me) corporate power to create stuff for others' benefit within the company. And for that, I thank you!
I don't thnik many of mine will be big movers but I love them. 1984 Mustang 20th Anniversary model (first new car, I was young....then), 1987 MB 560SL, 1990 Mazda B2200 (been in family owned by two other brothers since new and now I'm the car-taker), and my 2001 Acura CL-S (another I have owned since new). But you know what I love them all for different reason and I DRIVE them, and know an insurance company that provides great insurance.....just in case.
I used to want to "be different" and not drive what everyone else was getting. Hence, for most of my life, while my friends and associates were buying nicely-appointed, good-looking, well-running, value-holding status cars, I managed to find the ugliest, most clapped-out, unreliable, worthless-for-resale beaters. Instead of blending in with all of the other premier marques, I liked to be noticed while pushing my pile of rust down the shoulder... 🙃
I have 3 candidates, none of them will be air cooled Porsche or viper level sought after, but I think will be cult classics in their own realm.
1992-1997 Subaru SVX. The first thing you notice is the window in a window design that might make you think of the DeLorean. Both cars were designed by Giorgetto Giugiaro. The SVX had a flat six cylinder motor giving a low center of gravity. And though it wasn’t a sports car at heart, more a GT cruiser, comfortable, quiet, refined, especially compared with the other Subarus of that period.
Panoz roadster and panoz esparante. Both two seat open roadsters, with Ford V8 power. They weren’t shockingly fast, but very entertaining to drive, and undervalued today.
2004-2008 Noble and Rossion. Classified as an “assembled vehicle”, they were produced by Hi-Tech Engineering in South Africa (the same manufacturer that produces Superformance Cobras and GT-40s) and shipped to the US where a twin turbocharged 3 liter Ford V6 was installed. The motors produced between 400 and 500 hp in a car that weighed 2500 lbs. performance that can be had for far less $ for other similarly performing cars.
I second @hyperv6 note on the Pontiac Solstice and/or it’s twin, the Saturn Sky. Both are discontinued GM badges on an excellent chassis, good looking to most eyes and while not rare, they’re far from ubiquitous.
And @Inline8OD , I 🤦♂️ ‘d reading your conspiracy theory. But, even if it was true, so what?
True or not, you ARE a big deal to us out here in "log in" land, @Sajeev 😉
Besides, I agree with @Hagerty Fan - who cares? I mean, Hagerty is insuring vehicles. It would seem to be in their best interests to know what certain vehicles are worth. And if they used this forum to assist in that info gathering, where is the harm? I'm not saying they do, but if they did, it would not bother me in the least.
Well you, as one of my most frequent of frequent flyers, are a big deal to me, @DUB6 😀
As far as I know, they do not mine data here (because the data is not transactional enough) but I am indeed mining this data to make an upcoming article for Hagerty Media. My job here and over there sometimes has some great overlap!
Mining data from this unruly mob (joke) would not be a viable business plan. If it were, there would be an Allstate owner’s community discussing all the cars we don’t like. But Hagerty old car world domination makes for a good conspiracy theory. And are we sure Sajeev’s last name isn’t really Hagerty?
@DUB6 that’s pretty funny! Trust me, I don’t make anyone nervous, that would be like work to do that, and I’m having too much fun being a boring retired guy.
After Jay Leno's exuberant video about his 1955 Bristol 403, I thought that might increase the value of these special cars. My '53 is comparable to his in condition & driving ability.
Where else can you buy a handmade, aluminum bodied sports sedan, with only 80 some left in the world, for way under 100k.
But like someone said in this thread, any value increase shouldn't matter to real car guys. I agree!. The Bristol is the last of my 6 Oldtimers (really like the German term for classics). I never will sell any of them, nor do I show 'em (although 5 are show quality).
....they be cars, so I drives 'em....that's the fun of this hobby.
I bought a 1966 Volvo 1800S - the last year with the swoop side trim. This lovely form was designed in the late 1950s but sold through 1974. In two years it's jumped in value.
But the most undervalued classic I know of is the 1978-1979 Alfa Romeo Sport Sedan. It handles the same as its transaxle Alfetta GTV cousin (it out-handled my 240Z on the track back in the day) but had velour seats, leg room and understated elegance. As such, it's not the same as the earlier Alfetta Sedan. Nearly all mechanical parts are shared with the more common Alfetta GTV.
Alfa sold only a few thousand Sport Sedans in the US - with no power windows, seats, locks or even steering, it wasn't an American consumer oriented car - and most have long since been scrapped; rarely have I seen one on the market, unlike other Alfas of the era. There may be only a few hundred in the country.
In other words, it's rare, it's lovely, and it's a fun Alfa. And the last one I saw on the market, very clean, was under 20K.