More than just buying and selling old cars, the classic car market is dynamic, with trends that can shift the market value of these automotive treasures. Regarding the best cars to invest in, choices often depend on factors like rarity, historical significance, and the car’s condition.
Many classic cars are growing in market value, especially those with unique stories or limited production numbers. However, not all classic cars appreciate; some models are losing market value due to changes in collector preferences or market oversaturation.
As for the overall collector car market, we expect prices to fluctuate.
Understanding these nuances is critical for collectors and investors to make a sound investment. We’ve curated a list of 14 collectible cars projected to increase in value–ranging from Ferraris to the Land Rovers. (As part of this list, we’ve also included model years, estimated market values, and detailed descriptions).
Chevrolet Corvette (C3)
Model Years: 1968-1972
Market Value: $15,000 – $70,000. The price depends heavily on the original engine installed.
Description: The early model years of the third-generation Corvette are some of the most timeless American classics. Best known for their distinctive body styles and range of powerful, free-flowing V8 engines, a third-generation Corvette is a worthwhile addition to any collection. Its unique design and performance make it a sought-after model among American muscle car collectors.
Mazda RX-7 (First Generation)
Model Years: 1978-1985
Value: $10,000 to $25,000. Look for a GSL-SE with the larger 13B motor.
Description: The first generation Mazda RX-7 two-seat coupe stands out for its unique rotary engine, offering a distinct and smooth power delivery to the rear wheels. Coupled with its lightweight and athletic design, the Mazda RX-7 is an instant hit among sports car enthusiasts.
Land Rover Defender
Model Years: 1984 -1989
Market Value: $30,000 – $100,000+
Description: Introduced in the 1980s and developed from the original Land Rover, these original Land Rover models were named for their wheelbase lengths in inches, symbolizing the brand’s practical and straightforward approach to vehicle design. Despite the Land Rover’s initial utilitarian intent, these new models have gained cult status among off-road enthusiasts and collectors.
Bentley Turbo R
Model Years: 1985-1997
Market Value: $15,000 – $35,000. Look for low-mileage cars with a complete service history.
Description: The Bentley Turbo R models are celebrated for blending luxury with performance, featuring a turbocharged V8 that marked a shift in Bentley’s approach to high-performance cars. The car stands out with its elegant yet imposing design.
Datsun 240Z
Model Years: 1970-1973
Market Value: $20,000 – $50,000. Original, rust-free examples from the Southwestern U.S. typically command higher prices.
Description: The 240Z revolutionized the sports car market with its combination of affordability, reliability, and performance. Its sleek styling, inspired by European design, and SOHC inline-six made it an instant classic car, cherished for its balance of driving dynamics and everyday usability.
Mercedes-Benz 250SL
Model Years: 1967-1968
Market Value: $50,000 – $100,000
Description: The 250SL is a part of the iconic W113 “Pagoda” series, renowned for its elegant styling and removable hardtop. Less popular than the nearly identical 280 SL due to its smaller engine, it’s a rare and elegant classic from Mercedes, appreciated for its balanced performance and style.
Saab 900 Turbo
Model Years: $10,000 – $25,000
Market Value: $10,000 – $25,000, with well-maintained models potentially being worth more.
Description: This hot hatch, with its distinct design, including the wraparound windshield and co*ckpit-like dashboard, stands out as a unique choice among other cars. Proof of full-service history is essential when considering your potential purchase.
Toyota MR-2 (First Generation)
Model Years: 1984-1989
Market Value: $5,000 – $15,000, depending on condition and originality. Look for the upgraded 1987 and later models.
Description: The MR2 was Toyota’s venture into the mid-engined sports car segment, offering excellent handling and a fun driving experience. It’s a great value choice for those looking for an affordable classic two-seater with excellent handling characteristics.
Mazda MX-5 Miata (First Generation)
Model Years: 1989-1997
Market Value: $5,000 – $20,000, depending on condition and originality.
Description: Inspired by the Lotus Elan roadster, only Mazda could have created the original Miata. The sports car is a timeless automobile that revitalized the segment. Models with removable hardtops and rare options are especially sought after.
BMW E30 (318is and 325is)
Model Years: 1987-1991
Market Value: $10,000 – $30,000. Pristine or low mileage examples can fetch higher prices.
Description: These models are excellent for a fun, rear-wheel-drive sports sedan. The E30 318is and 325is were the next-generation 3-Series models celebrated for their balanced handling and classic design. Enthusiasts are split in their preference for the lighter 318is versus the more powerful 325is.
Volkswagen GTI (First Generation)
Model Years: 1983 -1984
Market Value: $10,000 – $30,000. Mint condition models or those with significant historical importance could be higher.
Description: As the original hot hatch, combining practicality with fun-to-drive characteristics, this model set the trend for fun, practical cars. While not very powerful (90 HP), the Volkswagon GTI is a classic three-door that offers excellent value and is a sound investment for the future.
Triumph GT6
Model Years: 1966-1973
Market Value: The price can vary significantly based on model year, condition, and originality. Like most British cars of the era, rust is often an issue.
Description: With its inline-six and stylish design, this two-door coupe is a timeless classic that offers outstanding value for those looking to invest in a British sports car. Look for Mk. 2 models with its Rotoflex rear suspension or models upgraded to the Rotoflex setup.
Porsche 944S
Model Years: 1989 – 1991
Market Value: $15,000 – $40,000. While daily drivers can be found in the lower price range, collectible examples from a warm, dry climate and with low mileage can top the range.
Description: A classic sports coupe that offers a great deal for the money, the 944 S2 is a fun, powerful car with a robust 208 HP 3.0 L engine. This classic coupe provides an accessible entry into the Porsche brand, making it an investment to consider by Porsche enthusiasts.
International Scout
Model Years: 1960-1971
Market Value: $15,000 – $50,000 (Note: Models that haven’t been worked hard in plowing, farming, or towing efforts tend to be more valuable)
Description: The Scout is a classic off-roader with multiple cab configurations that are both rugged and fun. It’s a vehicle with a rich history that also makes for a good investment. If you’re looking for a classic SUV that’s more affordable than a first-generation Ford Bronco, look no further.
Tesla Roadster (First Generation)
Model Years: 2008-2012
Market Value: $60,000 – $120,000. Limited production and significance as Tesla’s first production car drive its value.
Description: The Tesla Roadster is valued for its rarity and historical significance as an electric vehicle pioneer. The Tesla Roadster stands out for its impressive range, groundbreaking technology, and sleek design, symbolizing a shift in the automotive industry towards electric vehicles.
Before You Buy…
When considering purchasing classic cars, such as the Ferrari or Land Rover and Mercedes Benz to Fiat, as a future investment, it’s essential to choose carefully and seek the advice of experts on the make and model you’re most interested in. Most sales are not cash transactions but are financed. Take the time to learn about collector car financing.
Proper storage is also vital to preserving a classic car’s condition, protecting it from common issues like rust, damage, and engine wear. Finding a suitable storage solution is imperative if your garage is already occupied by your daily drivers.
This is where Neighbor comes in — a self-storage marketplace that offers safe, nearby, and budget-friendly car storage spaces specifically designed for classic cars. With Neighbor, you can always protect your new investment, maintaining its condition and value over time. Find the perfect storage solution for your classic car with Neighbor: Car Storage Near Me.
