These Are The Hottest Collector Cars You Should Invest In According To Hagerty's 2023 Bull List
It's not often you'll find a tiny Suzuki Cappuccino roadster mentioned in the same sentence as a ginormous Hummer H1 truck, or a Mercedes-McLaren SLR sharing pavement with an AMC AMX. But those are just a few of the diverse members of Hagerty's list of classic and collectible cars that the firm's valuation experts think you should go out and buy right now.
Insurance provider Hagerty's Bull Market list is back for its sixth year to help those of us who love older cars work out which models are most likely to hold their value or appreciate over the next 12 months. No one is suggesting that you choose one old car over another purely on the basis of how much richer it might make you, but if you're torn between two models it makes sense to choose the one that might end up making you smile for more than the way it drives.
(https://i.postimg.cc/qqkGwGTG/Hagerty-Bull-List-2023.jpg)
www.youtube.com/watch?v=nkllFjtGRrI
As with previous lists, the 2023 lineup encompasses all kinds of eras, brands and vehicle types. But connecting them all is the insurer's belief that their values are on the up based on multiple criteria including the way prices have risen up to this point, insurance valuations and search interest on the company's valuation tool.
1992-2006 AM General Hummer H1 ($105,000-127,300)
(https://i.postimg.cc/9MHVNDzM/1.jpg)
The civilian version of the military Humvee is wide, slow and will strike fear into the heart of every other road user, especially if Hagerty's guest presenter Randy Pobst is driving it the way he flings it down this anyone road. Most examples are owned by old guys, but the says the number of insurance quotations it handles from millennials has increased by a third, suggesting prices could be set to rise.
1968-1970 AMX ($30,500-40,600)
(https://i.postimg.cc/dtNFcHDg/2.jpg)
The Corvette wasn't the only two-seat American sports car in the late 1960s. AMC had one too, which it created by chopping down the wheelbase on its Ford Mustang rival, the Javelin.
2008-15 Audi R8 ($154-186,000)
(https://i.postimg.cc/rszh1Jct/Hagerty-Bull-List-2023-00004.jpg)
The original Audi R8 is a great car, whether it's got a V8 or V10 under the hood, but Hagerty is more concerned about what's under the console. It says first-generation R8s equipped with the gated manual transmission, as opposed to the clunky robotized manual, have boomed in value and will keep climbing.
2001-2004 Chevrolet Corvette Z06 ($31,400-39,300)
(https://i.postimg.cc/sXT6G8Fr/Hagerty-Bull-List-2023-00001.jpg)
The C5 is great value right now, period. The Z06, though, is something really special thanks to its massive naturally aspirated 7.0-liter V8, and it looks suspiciously undervalued.
2001-2010 Lamborghini Murcielago ($302,700-342,700)
(https://i.postimg.cc/FsVZY80n/Hagerty-Bull-List-2023-00005.jpg)
Murcielago values have jumped 48 percent since 2019 but the specialists reckon there's plenty more investment growth left in the last V12 Lamborghini to be offered with a manual transmission.
2004-2010 Mercedes-McLaren SLR ($329,300-338,700)
(https://i.postimg.cc/bw69TnCx/Hagerty-Bull-List-2023-00011.jpg)
The SLR was vastly more expensive than a Murcielago when new, but is priced the same now. No wonder the expert team thinks the misunderstood hypercar's values are due for some serious upwards correction.
2003-2008 Nissan 350Z ($37,500-44,900)
(https://i.postimg.cc/vBwgLHs7/Hagerty-Bull-List-2023-00002.jpg)
If you looked at the prices listed above and spat coffee all over your phone, then you're not alone. But bear in mind those numbers are for a 350Z in excellent condition, and likely to get even higher during 2023, having already grown by 78 percent since the start of 2021.
1985-1993 Saab 900 Turbo ($22,200-25,800)
(https://i.postimg.cc/HnprRZjV/Hagerty-Bull-List-2023-00007.jpg)
Eighties BMWs have already rocketed in value, but here's another European sports sedan that was popular with yuppies but which you can still afford if you move fast.
1991-1998 Suzuki Cappuccino ($12,200-16,700)
(https://i.postimg.cc/L6kpn9CK/Hagerty-Bull-List-2023-00003.jpg)
The cheapest, and with just 63 hp (64 PS), easily the least powerful car on the list, the Cappuccino will turn heads like a supercar but cost you not much more than a major service on an SLR.
1984-1988 Toyota Pickup 4×4 ($20,700-26,700)
(https://i.postimg.cc/139ZFk2g/Hagerty-Bull-List-2023-00008.jpg)
The insurer's experts say that Toyota's second-generation pickup is proving popular with enthusiasts who can no longer afford a vintage Bronco or Land Cruiser, and interest is particularly high with younger buyers, which should ensure values continue rising.
Another vehicle with a strong young following is the 1936-47 Harley Davidson Knucklehead, which is the only two-wheeled vehicle on the 2023 Bull Market list. Which do you think is going to see the biggest rises relative to their current prices? Leave a comment and let us know.
Link: https://www.carscoops.com/2022/12/these-are-the-hottest-collector-cars-you-should-invest-in-according-to-hagertys-2023-bull-list/
A common thread I see is "manual transmission" in many of these cars predicted to increase in value.
Back to the Future made Toyota pickups of that vintage especially popular.
I can not believe the 350z would sell for that... They were never good to begin with and you can get the new Z that will spank it
Quote from: r0tor on December 13, 2022, 01:52:43 PM
I can not believe the 350z would sell for that... They were never good to begin with and you can get the new Z that will spank it
I've always really liked the 350Z. Obviously never owned or driven one, but there's something charming about those pigs.
It's another Japanese sports car where 90% of the units out there have been modified and/or ruined, so a mint unit would be amazing to find.
I had the Z's twin, Infiniti G35 Coupe with the manual. It was a bruiser. And yes probably quite desirable because the 6MTs were few & far between.
No, the 350z was a bloated pig that was powered by something that sounded like a garbage disposal and had a manual transmission that belonged on a tractor.
Quote from: r0tor on December 14, 2022, 05:44:42 AM
No, the 350z was a bloated pig that was powered by something that sounded like a garbage disposal and had a manual transmission that belonged on a tractor.
Show me on this doll where the 350Z touched you... :lol:
BTW, if you go back in time and read reviews and owner comments, the e46 M3 was also a huge letdown from the e36 M3
Got to love the internet changing history though
What a bunch of ugly looking cars.
I like the old Harley and the AMX.
The AMX was a light car with a 390 CID engine. Zoom zoom.
FWIW the C5 Z06 did not have the LS7 (7L V8) but rather the LS6 (5.7L V8).
Quote from: r0tor on December 14, 2022, 05:44:42 AM
No, the 350z was a bloated pig that was powered by something that sounded like a garbage disposal and had a manual transmission that belonged on a tractor.
Huh? The original FM cars (350Z and stablemate G35) went a long ways in resurrecting Nissan and INFINITI as performance nameplates in the USA as evidenced by sales numbers, awards and general accolades from the automotive press.
Oh, and the hardtop 6MT 350Z weighed in at only ~3,300 lbs.
No CTS v-series wagon, S2000, Solstice/Sky or Scion xB on the list, huh?
My memory of the G35 6MT is that it was difficult to clutch & get smooth gear changes, unless you were pushing hard on open roads. In suburban traffic it was no fun at all.
Quote from: GoCougs on December 14, 2022, 02:49:29 PM
Huh? The original FM cars (350Z and stablemate G35) went a long ways in resurrecting Nissan and INFINITI as performance nameplates in the USA as evidenced by sales numbers, awards and general accolades from the automotive press.
Oh, and the hardtop 6MT 350Z weighed in at only ~3,300 lbs.
...and got trounced in every review by everything it ever competed against.
Putting history aside, who the hell would pay the same price for a ~20 years old 350z as a brand new Z which is just better in every conceivable category. Bland allegiance to the squatting dog look?
Quote from: Soup DeVille on December 14, 2022, 02:57:02 PM
No CTS v-series wagon, S2000, Solstice/Sky or Scion xB on the list, huh?
Also no M cars or Porsches which have soared.
Uff da - should have done it long ago.
Quote from: Soup DeVille on December 14, 2022, 02:57:02 PM
No CTS v-series wagon, S2000, Solstice/Sky or Scion xB on the list, huh?
Some of those have been on previous years' lists. I also don't think their list is meant to only be the top appreciating cars, just interesting ones they predict will do well in the near future. A list of just the top ones would probably be repetitive, might as well just pull the most recent Barrett-Jackson results.
Quote from: r0tor on December 14, 2022, 05:54:07 PM
Also no M cars or Porsches which have soared.
2018 had a BMW M3 (E36) and a Porsche 911 Turbo. 2020 had the '98-02 BMW M Roadster
Quote from: Soup DeVille on December 14, 2022, 02:57:02 PM
No CTS v-series wagon, S2000, Solstice/Sky or Scion xB on the list, huh?
1974 Dodge Monaco is also missing from that list to my dismay.
To be collectible a car needs to be:
- Known for good driving & dynamic characteristics.
- Known for its good quality & being well screwed-together.
- Good looking and emblematic of its time.
- Uncommon - not necessarily rare - but in a specification that only a few original buyers paid for.
- In original condition & unadorned with aftermarket add-on crap.
Quote from: Morris Minor on December 17, 2022, 06:23:30 AM
To be collectible a car needs to be:
- Known for good driving & dynamic characteristics.
- Known for its good quality & being well screwed-together.
- Good looking and emblematic of its time.
- Uncommon - not necessarily rare - but in a specification that only a few original buyers paid for.
- In original condition & unadorned with aftermarket add-on crap.
I dunno, there are people that lust after classic British sports cars from the 1960s and 1970s which are poorly built, have Lucas electronics and could be considered a nightmare car to own. Some people lust after communist cars like the Trabant, Wartburg etc.
There's a market for every car out there regardless of their qualities. I definitely want a '74 Dodge Monaco as a classic. :praise:
It's fun to try to guess which cars become "collectible" while others don't.
You guys are missing the point of this list. They are cars that are relatively under valued now and expected to increase in value. Vagons (2nd gen CTS wagons), s2000s, older 911s, have already appreciated.
Doesn't matter if the 350z is going to be worth millions, it just has to likely be worth more than you bought it for now.