10 Cars That Really Appreciate Their Value – Do You Have One in Your Garage?

AJ Jansen/Getty Images

It’s no secret that the market value of almost anything will drop once it’s no longer new. This is fair if you have no interest in selling something in the future, but if you do, you’ll want to be realistic about what you can get for it on resale.

Read: 12 car brands that will break down twice as fast as the average vehicle
Learn: 3 things to do when your savings reach $50,000

Vehicles start to lose value as soon as they give you the keys. American drivers are now keeping their cars longer, and used cars are worth more than ever — driven by such economic factors as erratic demand, supply chain constraints and low inventory. However, while some cars hold their value better than others, most lose 20% of their value in the first year of ownership and 15% each year thereafter.

Buying a car as an investment is a different story. Just as you would expect your trusty growth stocks and retirement accounts to pay dividends in the future, there are a number of car types and models that are regular solid investments. According to Progressive, they should target cars that are unique, rare or have a cult following. Older high-powered Porsches, Ferraris, Corvettes, and collectible muscle cars from each year will typically increase in value, as will cheaper, nostalgia-inducing models like a 1967 Volkswagen Beetle or a 1970 Chevy Camaro.

American models from the 1950s (beautiful rides like Cadillac Eldorados, Lincoln Continentals or Ford Thunderbirds) and reliable British and German classics (Jaguar, Aston Martin, Mercedes, BMW) are also good bets to appreciate over time. the weather.

But it’s not just about the harvest. According to Hagerty’s 2023 bull market predictions, not all vehicles gain value over time, and some of the best value gains can be found in models built after 2000.

Here are ten cars most likely to appreciate in value, including a few you may have parked in your garage right now.

Sponsored by: Get paid to scroll. Get started now

1) Mercedes-Benz SLR McLaren (2004-2010)

We’ll start with a car that you certainly haven’t parked in the barn. Created jointly by the British and German car companies (MB owned 40% of McLaren at the time), this is a great example of a stylish supercharged collector’s item, produced in small numbers (around 2100), expensive to buy at the time and expensive to buy now. Prices for this vehicle range from approximately $58,489 to $748,453 for car and driver.

2) Ford Focus RS (2016-2018)

The Focus RS model has a longer history in the UK and Europe than in the US, with the popular rally sports car only becoming available in the States in 2016. British insurance company Admiral predicts that this popular hatchback will see a significant increase in value in years to come ahead thanks to its unique hot hatch experience.

3) AMC AMX (1968-1970)

While Hagerty says it will “always be in the shadow of other Big Three muscle cars,” the late-’60s underdog AMX is a muscle car that will only get more valuable with age. This V-8 two-seater should set you back between $30,500 and $40,600, according to Hagerty.

4) Suzuki Cappuccino (1991-1998)

Not quite as fervent as Mazda Miata enthusiasts, Suzuki Cappuccino fans grow every year in the US, where the 30-inch-long, 55-inch-wide squeaker is a rarity. If you find one for sale, the price should be in the $12,200 to $16,700 range.

5) AM General Hummer H1 (1992-2006)

AM General discontinued the classic H1 in 2006, much to the chagrin of off-road enthusiasts across the country. Hagerty believes this modified Humvee is long overdue for an appreciation in the market, which could easily sell for between $105,000 and $127,300.

6) Chevrolet Corvette Z06 (2001-2004)

While you can go to your local Corvette dealer and pick up the latest Z06 model (the C8 generation) for just over $105,000, it’s the C5 supercar predecessor, produced from 2011 to 2004, that should increase its value. As the manual states, the starting MSPR for the 2001 Z06 was $48,055, but you can get a used one for around $30,000 – $40,000.

7) Saab 900 Turbo (1985-1993)

Expect prices to skyrocket in the future, but for now, $22,200 to $25,800 should be all it takes to own a stylish 900 Turbo. With their unmistakable shape and quiet performance, the earlier models from 1985-1993 became quite collectible because they were well made and looked effortlessly cool, quite unlike anything on the market then and now.

8) Lamborghini Bat (2001-2010)

Collectors with a need for speed (and the money to afford it) should look to the V12, scissor-door wonder: the Lamborghini Murcielago. Produced from 2001 to 2010, priced around $302,700 to $342,700, the car is increasingly targeted at younger enthusiasts. Values ​​are up 48% since 2019, mate Haggerty.

9) Nissan 350Z (2003-2008)

Since the start of 2021, prices for the 2003-2005 Nissan 350Z have increased by as much as 78%, and one can be had for between $37,500 and $44,900, according to Hagerty. However, you’ll certainly have to pay more for the top-of-the-line 2007-08 Nissan 350Z NISMO, which was packed with performance and equipment upgrades.

10) Toyota Pickup 4×4 (1984-1988)

Read: 5 used cars you should stay away from

“Given the seemingly unkillable reputation of these vehicles, and with younger enthusiasts flocking to find them, it’s easy to see that they could attract big prices down the road,” Haggerty said. There is little argument for this claim. The 4×4 is a reliable beast that can be had on the cheap ($20,700-$26,700).

More from GOBankingRates

This article originally appeared on GOBankingRates.com: 10 Cars That Really Appreciate Their Value — Got One in Your Garage?

Leave a Comment

Your email address will not be published. Required fields are marked *