For a car enthusiast, nothing is more satisfying than owning his own vintage classic car. If you are the one having love for vintage cars, this list of classic and modern cars by UK-based collector car insurer Hagerty is surely going to be a boon. UK Hagerty anticipates that these are the 10 cars you’ll want to consider investing in next year.
The list has been formed on the basis of market valuation data and insurance quotes and policies, among other indicators.
So here is the list of the top 10 Vehicles That Will Become Classic Cars in 20 Years by Hagerty UK Bull Market:
Land Rover Discovery (Series 1):
Classic range rovers have witnessed their prices skyrocket over the last five years and the same goes for the Discover series too. The best price the Land Rover Discovery (Series 1) could fetch was £12,320 in June this year.
Ferrari 328:
The Ferrari 328 witnessed a long time drop in its price from 2016 to 2019, as the demand for the old cars of Ferrari brand reduced. While the value of this Ferrari model shot up in the first half of 2010. But here is good news for its owners that despite these price fluctuations, Ferrari 328 value is expected to rise in 2021.
Aston Martin DB7:
Hagerty is full of optimism for this hottest classic car, even if it witnessed a drop in its price from £37,680 in 2019 to £31,580 today.
Toyota MR2 (Mk3):
This Toyota model has robust mechanicals with leather and Alcantara options for the cabin. This model is currently undervalued, says Hagerty.
Renault 5 GT Turbo:
This hottest classic car model is more powerful than many other classic hot catches. This 115hp Renault 5 GT Turbo has a current value of £12,900 and has significant potential to rise in value.
Jaguar Mark II:
The Jaguar Mark II is an iconic vintage car having the potential for growth in value, after it already showed the growth by one- third this year. This Jaguar model tops the list of the 10 cars you’ll want to consider investing in next year.
Mercedes-Benz SLS AMG:
As Mercedes is entering into the era of electrification, this classic petrol car is expected to be popular for old car buyers.
Porsche 944 S2:
With 105hp and 3.0 litre S2 engine, this Porsche 944 S2, is more drivable than the Renault 5 GT Turbo. After a great recession in its price, it steadily witnessed price rise in 2016 and hasn’t seen any decline since then.
Mini Cooper:
The very hottest classic car, all the car enthusiast desire for is Mini Cooper. This increase in its demand is owing to the brand’s 60th anniversary. Its prices have been increasing over years and are still believed to be in vintage fashion cars.
Ford Focus (Mk1):
This classic car is very much less valuable than the above models. But it is affordable for those wishing to have a branded classic car as it can be easily bought at £1,400.
These vintage beauties need not be wrapped in garages, they are best to be enjoyed when driven as often as possible. It is great news for these hottest classic car owners that soon these vintage beauty’s value is going to appreciate in the coming year.
