For several years, the T-Bird held its own, and built up a following of enthusiasts who wanted a fast, comfortable roadburner that was manageable in city traffic, and had some life left in it when all of the zeros on the odometer had been replaced with positive digits. Its initial appeal was its performance with the exception of the tempermental hinged-in-the-middle Vincent V-twins, the Thunderbird was about the fastest thing on the road. Almost from the moment the model was announced, it was the thing to have, to aspire to. The model was the Thunderbird, christened long before Ford Motor Company's personal car was ever conceived. “The 1980s and ’90s are officially hot, with good survivors bringing premium money from Gen X and Gen Y collectors,” said the site.THROUGHOUT THEIR RECENT HISTORY, commencing about the time they started to seriously export their motorcycles to this country, Triumph's line included a model that seemed to be, in every way, something just for the American buyer. One of the best places to look for cars that are rising in value is Hagerty’s annual Bull Market List, due to the wide range of vehicles it scrutinizes and up-to-date collector trends it considers (six vehicles in this year’s list were built after 2000). Old Porsches, Ferraris, Corvettes and high-end muscle cars from any period will usually retain some value, but the insurance giant also recommended affordable cars that you might be able to get for under $40,000 - like a 1967 Volkswagen Beetle or a 1970 Chevy Camaro.Īlso: 8 Electric Cars You May Regret Buyingīrake For It lists dozens of classic cars that may appreciate in value, including older post-WWII models (Ford Model T, Duesenberg Model J), always-in-style classics (early Corvettes, Mustangs, Shelby Cobras), first generation off-roaders (Jeep Wrangler, Ford Bronco, International Harvester Scout) and oddballs ( DeLorean DMC-12, Buick Riviera Boat Tail).īut “classic” doesn’t necessarily mean “old” now. These include memorable American models from the 1950s (stylish gas guzzlers like the Cadillac Eldorado, Lincoln Continental or Ford Thunderbird) and reliable British and German classics (vehicles from Jaguar, Aston Martin, Mercedes, or BMW). If you want to get real value for a used car, you have to look toward vintage varieties.Īccording to Progressive, in general, there are a number of models you should be targeting for investment purposes - particularly those that are unique, rare or enjoy a cult following. However, given the chaotic state of the auto market the past couple of years - a market plagued by lopsided demand, supply chain restrictions and low inventory - some used models are selling for more than the MSRP of their new counterparts.Īs crazy as that sounds, this is a temporary situation. See: 9 Best Hybrid Cars Under $30K If You’re Unable To Go Fully Electricįind: Don’t Buy a Car at a Dealership on This Day of the Week
Because the vast majority depreciate the minute you drive them off the lot, to the tune of up to 20% in the first year and 15% each year after, many cars have little resale value to their owners. When it comes to purchases holding value, vehicles are among the worst.
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