Enthusiasts Hagerty names classic cars to buy now, before it’s too late

19:16  07 december  2017
19:16  07 december  2017 Source:   Motoring Research

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Hagerty names classic cars to buy now , before it ’ s too late .

As the classic car world is continuously surrounded by headlines of record prices, astonishing investment returns, and multi-million euro collections As with all 1980 s and 1990 s Mercedes, the real killer is rust, so make sure to always check the wings before making any quick decisions.

For the first time ever, Hagerty magazine, media arm of the world’s largest classic and collectible car insurer Hagerty, has named its Bull Market List, nine emerging classic cars it deems as being sensible, loveable, and, perhaps most importantly, likely to rise in value.

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Collectors are forever chasing the next big thing in investment-grade cars , but it ' s hard to predict what that will be. Insurance provider Hagerty studies the market closely, and it picked out ten cars to buy in 2017. In other words, get one of these before it ' s too late .

As the market undergoes a small correction and demand for the affordable classic car continues to surge, we’ve put together another shortlist of sub-50,000 euro machines to buy while you still can, some of which might surprise and even inspire you…

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  • See more emerging classics on Retro MR

The company used data from the 2,000-2,500 auto insurance quotes requests it receives daily to identify which cars are the most in demand. “Seventy-two percent of the quotes that are requested from Hagerty come from Gen X and Millennials,” said Brian Rabold, vice president of valuation services for Hagerty. “Their tastes and interests are really driving the market now, including what’s considered popular and which vehicles grow or decline in value.”

Hagerty CEO McKeel Hagerty says the Bull Market List represents cars that are exciting, fun to drive, and capture the imagination, but that buyers “also want something that’s a good investment.”

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Hagerty Classic Cars list of five modern classics you should buy now before they jump in value. Is it too late ? Are all of the good ones mega valuable already?

" BEFORE IT ’ S TOO LATE " is available on the anniversary of TiDUS' first EP, "SOON YOU’LL UNDERSTAND". TiDUS' second EP, "WHY WE’RE HERE ON EARTH", was released in December 2016 and has over 2 million streams on Spotify.

As more and more young people enter the market, the cars of their youth are the ones rising fastest in value. Over the last three years, the 1990–2001 Lamborghini Diablo has gained 45 percent in value, the 1993–2002 Pontiac Firebird Firehawk 31 percent, and the 1994–1998 Toyota Supra Turbo 31 percent as well.

“If any of these cars interest you,” Hagerty says of the cars on the Bull Market list, “our recommendation is to jump on them now.”

The post Hagerty names classic cars to buy now, before it’s too late appeared first on Motoring Research.

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