2022 05 20 Posting – CCC Blog Post, Collectable Cars to Buy Now
2022 05 20 Posting – CCC Blog Post, Collectable Cars to Buy Now
Consistent with macro-economic conditions that have been favourable in recent years, the collector car market has seen continued advances, which can be seen on an annual basis among collectors’ cars. (REF. 1) When discussing collector cars, we are discussing vintage, classic, and antique cars. The main differences among the three categories of collector cars are the age of the car, the value of the car, and the historic significance of the car (REF. 2).
Conversely, one of the most attractions of buying a collector car is the driving experience. The right collector car is more than just another vehicle, it is a time capsule of an earlier and likely simpler time, sometimes filled with generations worth of memories. Driving an old car could be quite romantic, the nostalgia that comes with cruising down the road with a timeless piece of art captures the attention of many, and the feeling of piloting a classic car is unmatched from the raw engine sounds to the simplicity of a vintage car.
In addition, understanding where a car is from can give one a better understanding at how a certain region lived and commuted in that car’s era. With this understanding, one can use the vehicle to be his/her personal time capsule into a certain time period within a certain nation. Thus, we will discuss some of our favourite cars arranged by geographical location.
Join Our Mailing List
European Cars
1976 Porsche 911 Turbo
hagerty.ca Value Range: $107,000 – $375,000
We start this list with a German classic, the Porsche 911 Turbo is perhaps the ultimate symbol of class and classic car. In recent years, this example has surged in value – attributable to it being the golden product to transform cars out of the malaise era, and making this vehicle a true collector car favourite go-to car.
2007-2013 BMW M3 E92
canadianblackbook.com Average Value: $20,900
The BMW M3 line has grown to legendary status among car enthusiasts. What makes the E90 line from 2006-2013 special (different model year cut-offs among body styles), is the last and only V8 engine in an M3, other than a handful of E46s made as one-offs, making this car an instant future classic with a high likelihood of price appreciation soon.
.REF. 3
Jaguar E Type 60
Average Value Range: Unavailable; Original E types can be worth as much as $400,000 now
With the celebration of its 60th anniversary, Jaguar created 6 sets of the E type as a giveaway. These cars are instant future classics. In addition, the original E type is also expected to continue price appreciation, while maintaining the classic car feel.
Asian Cars
2000-2009 Honda S2000
hagerty.ca Average Price Range= $20,000- $60,000
The proven convertible sports car is backed by the all-powerful Honda engine. Car enthusiasts love this car for its possession of high power, great handling, and amazing rev range alongside affordable parts. All these highlights make the car a fun summer driving experience. At the time it was released this car had similar power to weight ratio as the Chevy Corvette, Ferrari F355, and Ferrari 360 Modena.
1990 – 1996 Nissan 300ZX Twin Turbo
hagerty.ca Average Price range= $39,300 – $92,000
This heritage car offers a fun sports car feel with 300 horsepower, and 283-pound feet of torque. The engine is a 3-liter V6 twin turbo making it a fast car in its era. It’s a stylish, timeless car. This work of art is considered a turning point in the Z series.
North American Cars
1997- 2004 Chevrolet Corvette C5
hagerty.ca Average Price Range = $12,200 – $42,000
This car has aged very well, the car is designed with everlasting style. This future collector car can be considered a must -have in any car collection, since it is likely the last Corvette with pop-up headlights. This Corvette also brought the debut of the LS1 engine: 5.7 litre V8, with 350 horsepower and 375-pound feet of torque, making it a true sports car classic vehicle.
2008 Dodge Challenger SRT-8
hagerty.ca Average Value Range – $18,300 – $42,700
The 2008 Dodge Challenger SRT-8 was the return of an American classicThis classic car is also powered by a 6.1L V8 hemi, giving it 425 horsepower and 420 pound feet of torque. The car is an eye-catchingly beautiful, with a classic muscle car look that is likely to add future value to any car collection.
What do you think of our picks? What is our list missing? What do you agree with? Are there other regions we should have considered?
Subscribe
Login
Please login to comment
0 Comments
REF. 1 – hagerty.ca
REF. 2 – americancollectors.com
REF. 3 – Photo credit – Alexandre Prévot