People without souls or money in their bank accounts sometimes think of old cars as investments, and the only way to make money on an investment is to get more out than you put it.
That means buying a car and hoping it appreciates in value. After 25 years, your new-car purchase will officially be an antique. But will it be a classic?
Classic-car insurance giant Hagerty released its annual “Hot List” of future collectibles. Each car is a 2014 model with an MSRP under $100,000 and some quality that Hagerty believes will make it desirable to future collectors.
Just barely making it under the $100,000 price cap were the Jaguar F-Type, BMW M5, and Chevrolet COPO Camaro; Hagerty assumed base prices of $99,000, $92,000, and $90,000, respectively.
The judges deemed the F-Type worthy because of its potent combination of V8 power and a rear-wheel drive, two-seat chassis, while praising the M5’s optional manual transmission, which will become a desirable item if manuals ever go extinct.
Original COPO Camaros are auction-block stars, so why shouldn’t this reincarnated drag-racing special be too?
Other high-end cars included the Maserati Ghibli S sedan ($75,000) and Alfa Romeo 4C ($54,000), while the Chevrolet Corvette Stingray ($51,000) ended up in the middle of the list, price-wise.
Jaguars, Corvettes, and Maseratis are already expensive, though? Are there any bargain future collectibles out there?
Further down the list was the Nissan 370Z NISMO ($43,000), which Hagerty believes will continue the emerging trend of collectible Japanese cars. Sports cars like the 370Z’s ancestor, the 240Z, have taken awhile to gain traction with collectors, but they’re becoming more popular every year.
The Dodge Challenger Shaker ($36,995) also made the list, probably because it already looks like the vintage muscle cars that routinely sell for hundreds of thousands of dollars at auction.
At the bottom of the list were the Jeep Wrangler Rubicon ($35,095) and Ford Fiesta ST ($21,400). Both should be plenty of fun to own until it’s time to cash in. The Jeep in particular could become highly sought after by collectors in the post-zombie apocalypse era.
What new cars do you think will become future collectibles? Tell us in the comments.
