These classic car models could sell at a profit, says Hagerty – MotorBiscuit
Typically, people don’t buy classic cars because they want to sell them. For many, these are beauty staples or mementos from a simpler time. But it’s always nice to buy a car that has appreciated rather than depreciated. And according to Hagerty, these vintage and classic car models have increased in resale value for 2021 since being brand new.
The 1982 Volkswagen Vanagon Westfalia Brings a Pickup Truck to Life for Vintage Car Enthusiasts
With Covid-19 impacting the way people travel the world, many have turned to RV and RV life to satisfy their urge to explore. And in the 1980s, Volkswagen replaced its iconic Bus Type 2 with this Vanagon. VW motorhomes were sold with a pop-up tent, folding tables, a bunk bed and a kitchenette.
For the 1982 model year, the Volkswagen Vanagon Westfalia (Westfalia being the name they gave to any conversion), the motorhome sold for $ 9,540 according to Hagerty. Today, you can buy one for $ 27,000, which means its value has increased by $ 545 each year for the past 39 years. This will save you money on camping supplies or repair costs when that old motorhome inevitably breaks down.
The 1964 Volvo P1800 was a stylish and safe roadster
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When you think of Volvos, chances are, station wagons are the first thing that comes to your mind. Large square squares that are built like reservoirs. The Volvo P1800 was certainly a Volvo in the sense that it was safe. But in terms of looks, this long, sleek car doesn’t scream Swedish.
However, the Volvo P1800 is as Volvo as it gets, at least towards the end of production of the car. From 1961 to 1963 the car was actually assembled by Jenson Motors, but the build quality of these early Volvo P1800s did not meet Volvo standards. So, after building 6,000 cars, Volvo brought the car back to its own production facilities, each equipped with a 1.8-liter in-line four-cylinder producing around 100 horsepower.
For this reason, we’ll be looking at the 1964 model year of the Volvo P1800, which cost a reasonable price of $ 3,995 when new. But today, a vehicle in good condition can fetch as much as $ 52,000, which means that in 57 years the car has appreciated by $ 842 each year.
1954 Jaguar XK 120 SE is the world’s first supercar
For the oldest car on our list, the Jaguar XK 120 SE was the fastest production car in the world when it rolled off the line, reaching 132 mph. It was a post-war sports car and, according to one of Hagerty’s writers, the first mass-produced supercar. Did we mention he’s also gorgeous?
With a 3.4-liter inline-six engine, the car produced 180 horsepower and 203 lb-ft of torque. Which is nothing by today’s standards, but for 1954? Wicked fast. In new condition, the 1954 Jaguar XK 120 SE sold for $ 3,945. But now you can find them easily for $ 121,500. And if Jaguar had made less, they would have gotten a higher price. Either way, the car has earned $ 1,754 per year for the past 67 years. But even though it has depreciated, there’s no denying the beauty of this car.
The accuracy of this article over the years is totally uncertain. And each classic car model will be in different conditions. It has simply been an exercise in assumptions, playing with the potential value of classic cars, especially as we move from gasoline cars to electric cars. But you definitely won’t be making more money than you are spending anytime soon with these cars.
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