Collectible trucks increase in value far beyond what you might expect

Car nuts who are also would-be investors might want to take a look at collectible trucks. Vehicle pricing resource Black Book recently listed eleven trucks from late ’40s to early ’70s that have shot up in value thousands of times their original purchase prices. Could the same thing happen in the future with today’s trucks?

Collectible car prices can get downright scary and convince automotive fans that only multimillionaires can play in that game. In 2017 so far, according to Classic Car Auctions, the highest prices at auction sales are $22,550,000 for a 1956 Aston Martin DBR1, chassis DBR1/1, sold at Monterey by RM Sotheby’s, a 1995 McLaren F1 that sold for $15,620,000 at Quail Lodge by Bonhams, and a 1966 Ferrari 275 GTB/C that went under the hammer at Gooding’s Pebble Beach auction for $14,250,000. Those numbers are cool and all, but come on, how many of us play in that league?

But pickup trucks? Maybe there’s a place for non-millionaire collectors. We Americans love our trucks. The three best selling cars in the U.S. in 2016 were really light trucks, the Ford F-150 (820,799 units), Chevy Silverado 1500 (574,876 trucks), and Ram 1500 (489,418 units), sales numbers according to CarSalesBase. In contrast, the 2016 Toyota Camry, the best-selling vehicle that was actually a car, had 388,618 sales.

Black Book’s Directory of Specialty Products Eric Lawrence addressed the American’s relationship with trucks. “We love our trucks today because of the versatility, functionality, and even technological features included in many of today’s popular models,” Lawrence said.

The trucks Black Book found to have gained the most value are in the table below.

Years Make Model Original MSRP 2017 Value Value Change
 1956 Ford Big Window Pickup  $1,611  $65,000 4034%
1946-56 Dodge Power Wagon Pickup $1,627 $65,000 3995%
1947-53 Chevy Pickup $1,407 $55,000  3909%
1946-47 Hudson Pickup $1,154 $45,000  3899%
1946-48 Studebaker Pickup $1,107 $37,500  3387%
1955-57 Chevy Cameo Pickup $1,981 $60,000  3028%
1957-59 Dodge Sweptside Pickup $2,124 $60,000  2824%
1963-73 Toyota Land Cruiser $3,164 $75,000  2370%
1970-72 Chevy Pickup $2,473 $45,000  1819%
1969-72 Ford Bronco $2,834 $50,000 1764%
1969-72 Chevy Blazer $2,852 $45,000 1577%

“These trucks of yesteryear were pioneers of their time, when trucks had different meaning on the roads but still offer the right amount of nostalgia that makes them extremely valuable today,” Lawrence continued.

So if you think buying a collectible truck is a game you want to get into, what are your choices? To start, you could look for a solid example of one the trucks in Black Books’ list and go with a proven winner, hoping the run will continue.

If you don’t want to invest the $40K plus apparently needed to buy an already identified classic, perhaps looking for a collectible but more recent model old trucks could be the way to go. Hemmings Daily reported earlier this year that the best buys for investors seeking collectible trucks today may be trucks from the ’70s.

Then there’s a third route to buying a collectible truck, one that could dovetail with your current transportation needs. Buy a new truck to use for a decade or longer and then hold onto it as an investment. New Ford, Chevy, and Ram light trucks have so many variations that if you buy with consideration for the features, trim levels, or special editions that could make today’s utilitarian vehicle a valuable collectible later on, in two or three decades you could look like an extremely savvy investor.

Product Review

Motorola's sexy Moto G7 will change the way you look at budget phones

With glass curves, a large display, and an eye-catching price tag the Moto G7 will turn plenty of heads in the budget smartphone market. We tested it out to see if Motorola has done enough to top the value charts.

Tesla gives us a cryptic look at its cyberpunk, Blade Runner-inspired pickup

Tesla has started designing its long-promised pickup truck. The yet-unnamed model will come with dual-motor all-wheel drive and lots of torque, plus it will be able to park itself. It could make its debut in 2019.

How to disable Bixby Home on Samsung Galaxy smartphones

Samsung's Bixby virtual assistant can be helpful, but Bixby Home, which sits on the left of the home screen, hardly offers any kind of value. If you're annoyed by its existence, here's how to disable Bixby Home.
Smart Home

Smeg Dolce and Gabbana small appliances make an art gallery of your kitchen

Spice up your kitchen with Smeg's Dolce and Gabbana-styled Sicily Is My Love collection. Following its introduction of Sicilian-themed major appliances, the Italian collaborators added countertop devices with traditional icons and images.

Fisker plans sub-$40,000 electric SUV with 300 miles of range for 2021

Fisker Inc. plans to launch an electric SUV with a base price of under $40,000, and a range of around 300 miles in 2021. The unnamed vehicle could compete with the Tesla Model Y, if it ever gets into production.

2020 Cadillac CT5 luxury sedan gets turbocharged power, chiseled looks

The 2020 Cadillac CT5 replaces the CTS in the General Motors luxury brand's lineup. Cadillac will unveil the CT5 at the 2019 New York Auto Show in April. Until then, it's keeping most details under wraps.

Mercedes wants to turn your car into a comfortable shopping mall on wheels

Mercedes-Benz designed its MBUX infotainment system with e-commerce in mind. Motorists can upgrade compatible cars via an over-the-air software updating system, but the brand wants to take this technology to the next level.

Bentley’s 542-horsepower Continental GT V8 is the best kind of downsizing

The Bentley Continental GT V8 has fewer cylinders than its W12 sibling, but Bentley expects it to offer better gas mileage and more agile handling. The V8's top speed of 198 mph is also pretty darn fast.
Emerging Tech

Racing to catch a flight? Robot valet at French airport will park your car

Hate searching for parking at the airport when you need to catch a plane? Startup Stanley Robotics recently unveiled a new outdoor automated robotic valet system. Here's how it works.

Nvidia’s new simulator brings virtual learning to autonomous vehicle developers

Nvidia introduced a simulator for testing autonomous vehicle technologies. Drive Constellation is a cloud-based platform technology vendors can use to validate systems efficiently, safely, and much faster than with vehicles on real roads.

Tesla wirelessly gives the Model 3 a 5-percent increase in power

Tesla again showed the potential of its innovative over-the-air software updating system by making the Model 3 five percent more powerful via a firmware update. The Performance model gained 23 horsepower.

Fiat wants to transform the cheeky 500 city car into an urban Tesla

Fiat is finally preparing a new 500. Scheduled to make its debut in early 2020, the retro-chic city car will go electric in part to comply with looming emissions regulations.

Say goodbye to Uber for good: Here's how to cut ties with the ridesharing service

If you thought that deleting the Uber app would also delete your account, think again. You'll have to deactivate your account, then wait 30 days in order to do so. Here, we outlined how to delete your Uber account once and for all.

FWD vs. RWD vs. AWD: How the wheels that turn change the way you drive

Let's face it, you've likely heard front-, rear-, and all-wheel drive mentioned before in some context or another. But what do these terms mean, especially in terms of performance? We’ve got the answers.