Each year Hagerty, the world leader in classic car insurance, gives us a list of the hottest collectable cars and trucks for the new year. 2020 may have many of us on lockdown, but the collector car marketplace is still thriving.
While we aren’t quite ready to have full blown public auctions like Barrett-Jackson and Mecum Auto Auctions, there are still plenty of online classic car auctions that have been happening throughout the year. And some of the big names we just mentioned have had bidder-only, in-person auctions as well with strict public gathering restrictions in place.
It is the data from these auctions along with an assessment of the volume increase in insurance quote requests, value jumps and online readership data. This is how they compile their Bull Market List for 2021.
This year’s list is full of both extraordinary supercars as well as some extremely ordinary vehicles that we were surprised to see make the list. We certainly did not see the Toyota Land Cruiser or the Jeep Grand Cherokee making the list, but apparently it is the new generation of young collectors that are sending these mainstream vehicles into the collector’s stratosphere.
McKeel Hagerty, CEO of Hagerty had this to say… “Together they represent this ever-increasing trend. The under-50 collector is interested in vintage versions of what they can buy every day in the dealership, which is an SUV.”
There are other newer model vehicles on the list along with some oldies, but goodies. It seems the market is starting to change, and we are extremely excited to see what 2021 brings to the classic car collector marketplace.
Here are the top ten collector cars for 2021 according to the Hagerty Bull Market List:
2012 Lexus LFA – Hagerty #2 value: $558,000–$582,000
2006–10 Jeep Grand Cherokee SRT8 – Hagerty #2 value: $29,500–$36,600
1984–91 Ferrari Testarossa – Hagerty #2 value: $96,000–$108,000
2005–17 Aston Martin V8 Vantage – Hagerty #2 value: $45,000–$52,500
1964–70 Honda S600/S800 – Hagerty #2 value: $29,500–$38,500
1980–91 Volkswagen Vanagon Westfalia – Hagerty #2 value: $27,000–$36,000
2005–06 Ford GT – Hagerty #2 value: $337,000–$395,000
