Insurance Experts, Hagerty have released their 2021 Bull Market List which focuses on deprecation free motoring; the joy of driving what you love without losing money. The list highlights some collectable cars that are poised to increase in value over the coming year.
This diverse list of vehicles covers ten collectible and classic cars that are tipped to see their values rise in the next year. So, without further ado, let’s take a look at the contenders.
1994-2004 Aston Martin DB7
2002 Aston Martin DB7 Vantage
Hagerty value condition #2: £31,580
2019 Hagerty value condition #2: £37,680
Hagerty 12-month value change: -£6100 (16.2%)
Ok, the value may have fallen in the last 12 months, but Aston Martin’s are a very collectable marque, with a good history and reputation. Because of this, it could definitely be the time to bag a bargain. Prices had remained stable at around £27k for a few years, so buy one while they’ve dipped and you could get in some depreciation free motoring with one of these collectable cars.
1985-1988 Ferrari 328
1988 Ferrari 328 GTS
Hagerty value condition #2: £80,650
2019 Hagerty value condition #2: £82,300
Hagerty 12-month value change: -£1650 (2%)
Values for this supercar soared in the first half of the last decade. Hagerty, in fact, valued this car at around £30,000 back in 2012. By 2016 the value had shot up to above £100,000! Since then the value of this car has dropped by approximately 11% per year, until last year when this reduced to a 2% decrease. This car ticks all the boxes for Generation X who may have adorned their walls with posters of this rare prancing horse model back in the eighties.
1998-2004 Ford Focus
2003 Ford Focus 1.6i 16v Zetec
Hagerty value condition #2: £1400
2019 Hagerty value condition #2: £1300
Hagerty 12-month value change: +£100 (7.7%)
The humble first-generation Ford Focus is not to be overlooked. What may seem like an unexceptional and unassuming car is a future classic. Fords tend to perform well among collectors, and we don’t expect the Focus to be any different. This car is a great all-rounder, a vehicle that can be driven and enjoyed as your daily driver untill it becomes one of the collectable cars of the future.
1959 – 1967 Jaguar Mark II
1967 Jaguar Mark II
Hagerty value condition #2: £27,700
2019 Hagerty value condition #2: £21,700
Hagerty 12-month value change: +£6000 (27.6%)
The Jaguar MKII is a much-loved vehicle. Ever since the day it launched, this car has been cherished by owners. It may not be as beautiful as it’s sister, the E-Type, but this big cat is not to be overlooked. Values for this classic had been steady, but they rose by almost a third in the last year, meaning now could be the time to buy if you have always wanted one.
1989 – 1998 Land Rover Discovery
1991 Land Rover Discovery
Hagerty value condition #2: £9800
2019 Hagerty value condition #2: £8500
Hagerty 12-month value change: +£1300 (+15.3%)
The Land Rover Discovery or Disco as it’s affectionately known is a great off-roader. Launched to bridge the gap between the luxury Range Rover and the rugged Defender, the Discovery lived up to its promises. The Discovery has been a bit of a sleeper, while the values of classic Range Rovers and Defenders increased a Disco could still be picked up relatively cheaply. It’s about time the appeal of these fun vehicles was realised, and it seems their time has come with a 15% increase in value in the last year.
2010 – 2015 Mercedes-Benz SLS AMG
2014 Mercedes-Benz SLS AMG Black Series
Hagerty value condition #2: £166,500
2019 Hagerty value condition #2: £167,000
Hagerty 12-month value change: -£500 (0.2%)
Prices for this future classic have started to dip a little in the last year. This is common with any model in the early years. This is the time to get yourself a bargain if you have the cash for a car of this calibre. As Mercedes look to electric as the future, this could be one of the last gas guzzlers with iconic status by the German marque.
1961 – 71 Mini Cooper
1961 Mini Cooper
Hagerty value condition #2: £24,100
2019 Hagerty value condition #2: £24,100
Hagerty 12-month value change: No change
With the 60th birthday of the plucky little British classic on the horizon, Hagerty believes the Mini will see some more attention next year. The value has remained unchanged over the last year, which is no bad thing. Depreciation free car ownership could be yours with one of these collectable cars, and of course, the price could rise, which wouldn’t surprise us.
1988 – 1992 Porsche 944
1991 Porsche 944 S2
Hagerty value condition #2: £17,550
2019 Hagerty value condition #2: £16,650
Hagerty 12-month value change: +£900 (+5.4%)
The 944 is far more affordable than the iconic 964, making it a great collectable car for those wanting to have the Porsche experience for less. The 944 has been steadily increasing in value for a few years now with the best examples selling for more than the top guide prices, which is a sure-fire sign of their popularity among enthusiasts now.
1986 – 1991 Renault 5 GT Turbo
1990 Renault 5 GT Turbo
Hagerty value condition #2: £12,900
2019 Hagerty value condition #2: £9300
Hagerty 12-month value change: +£3600 (+38.7%)
Who doesn’t love a hot hatch? Values for hot hatchbacks of the eighties and early nineties have been soaring in recent years. The Renault, however, has seen a slower increase in prices which makes it the perfect candidate for depreciation free motoring. If you’re looking to grab a hot hatch you better be quick, this car has risen in value by nearly 40% in the last year.
Toyota MR2 Mk III
2006 Toyota MR2
2020 Hagerty value condition #2: £4100
2019 Hagerty value condition #2: £3650
Hagerty 12-month value change: +£450 (12.3%)
The Toyota MR2 is undervalued and still somewhat of a secret, which makes it the perfect final entrant to this list of collectable cars. Mazda has the most significant slice of the roadster pie with their MX-5, which is why this little beauty is still available for a mere few thousand pounds. People are beginning to wake up and realise though with a 12.3% increase in value over the last year. So, why not grab yourself a fun and reliable roadster and enjoy some summer motoring.
Classic car ownership is all about enjoyment, but some models could be an investment with prices rising at a higher rate than gold for some models. This should never be the deciding factor though. We should want to love, cherish, and maintain these pieces of history for future generations to enjoy.
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