The classic car insurer, Hagerty had an article last week about five cars that have increased so much in value over the past half decade that we all should have had the prescience to have bought as many as we could five years back. Yeah, shoulda, coulda, woulda. The vehicles they discuss are the Jensen Interceptor, which only saw a 25% increase; the first-gen Ford Bronco, which we all know are crazy expensive these days; Porsche’s 944 which still looks like it’s doable; the E30 M3, which no longer looks that way; and the ’68-’83 Land Cruiser which apparently was discovered in the last couple of years to have been made from solid gold and uncut cocaine.
That’s an eclectic mix, and one that’s open to debate as to any future increases, but it got me thinking. There are a lot of cars out there that have inexorably climbed the supply/demand curve. Some of those, like Ferrari’s 308 series obviously were undervalued for years and are just adjusting for the present market’s appreciation. Others however, have started climbing the ladder without any obvious rationale. It’s those cars and trucks that we’re interested in today. What do you think are the cars and trucks that have seen the most unexpected – or unwarranted – increase in value?