Classic Cars to Purchase and Hang Onto in 2017

Investing in the classic car market is like investing in the stock market. The biggest difference is that, when you buy a car, you actually have something to enjoy, regardless of whether you accrue wealth. However, negotiating the minefield of vintage automobiles can be treacherous and an investor can use all the help available to them — especially now that Baby Boomers don’t dictate the entirety of the marketplace.

Hagerty, an authority on classic car valuations and insurance, has offered some guidance for the best classic cars to buy next year. The list fixates on cars it believes to be strong investments in terms of value growth while remaining pleasurable to own. So, if you’re planning on placing your retirement on rolling rubber or just want to test the waters without spending a lot of money, these are cars to consider.

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Piston Slap: Scootin' Around A Classic Car Valuation?

Cheryl writes:

I have a 1982 Chevrolet Chevette Scooter and I’m trying to determine its value. It has manual transmission and no A/C. Is there a source you recommend I contact?

Thank you for your help!

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  • Wjtinfwb My comment about "missing the mark" was directed at, of the mentioned cars, none created huge demand or excitement once they were introduced. All three had some cool aspects; Thunderbird was pretty good exterior, let down by the Lincoln LS dash and the fairly weak 3.9L V8 at launch. The Prowler was super cool and unique, only the little nerf bumpers spoiled the exterior and of course the V6 was a huge letdown. SSR had the beans, but in my opinion was spoiled by the tonneau cover over the bed. Remove the cover, finish the bed with some teak or walnut and I think it could have been more appealing. All three were targeting a very small market (expensive 2-seaters without a prestige badge) which probably contributed. The PT Cruiser succeeded in this space by being both more practical and cheap. Of the three, I'd still like to have a Thunderbird in my garage in a classic color like the silver/green metallic offered in the later years.
  • D Screw Tesla. There are millions of affordable EVs already in use and widely available. Commonly seen in Peachtree City, GA, and The Villages, FL, they are cheap, convenient, and fun. We just need more municipalities to accept them. If they'll allow AVs on the road, why not golf cars?
  • ChristianWimmer Best-looking current BMW in my opinion.
  • Analoggrotto Looks like a cheap Hyundai.
  • Honda1 It really does not matter. The way bidenomics is going nobody will be able to afford shyt.