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Saturday, August 1, 2015

5 Sports Cars Expected to Surge in Value


Copyright © 2015 Bold Ride LLC.

In life, it pays to be ahead of the curve, and in the classic car world…sometimes it pays very handsomely. If you bought a low mileage Shelby Cobra or a Ferrari 250 three decades ago, well, you could be sitting on a goldmine today. 
But just how do you determine which car values will soar, and which will flop? We looked to the experts at Hagerty Insurance for the answer, and they pinpointed five performance sports cars expected to soar in value over the next five years.

1988-1991 Porsche 944 Turbo / Turbo S

Average Value in May 2010: $6,000

 Average Value in May 2015: $11,500
The front-engine, four-cylinder Porsche 944 may be a departure from the conventional 911, but that’s not to say it isn’t cool. The 944 surely looks to be on the uptick in popularity. The cleanest, low mileage versions are now valued at around $35,000 but if these go the way of the ‘70s and ‘80s Porsche 911 Turbos…there could be lots to be gained here.

1991-1996 Nissan 300ZX Turbo


Average Value in May 2011: $6,800

 Average Value in May 2015: $7,900

The Datsun 240Z is arguably one of the coolest vintage Japanese sports cars that money can buy today. Fast forward a decade or two and its ‘90s 300ZX cousin could follow suit. Even the nicest examples retain relatively low values at the $18,000 mark. All the better for you to buy low and sell high.

1997-2001 Acura NSX


Average Value in May 2010: $29,100

 Average Value in May 2015: $38,900

A hero of the ‘90s, the Honda/Acura NSX was about as speedy as it was innovative, which is to say “very.” Over the past years its values have begun to creep ever skyward, and the best kept of the bunch can claim their worth of over $60,000. Effectively, it was the Ferrari F40 or Lamborghini Countach of a younger generation.

1990-1998 Lamborghini Diablo


Average Value in May 2010: $71,000

 Average Value in May 2015: $80,000

There seems to be a cooling off point for Lamborghini sportscars of yesteryear. But in time, the values come back…and come back with a vengeance, as noted by current values for the Countachs. Fine Diablo examples are valued at around $110,000 to $120,000 these days. That could surely go north in a hurry.

1983-1989 BMW M6


Average Value in May 2010: $18,000

 Average Value in May 2015: $23,700

In a way, the original BMW M6 was overshadowed by its M3 and M5 brethren. But now the big straight-six battle cruiser is getting on with mainstream collectors and its stock is ever rising. A perfect M6 would have been valued at around $33,000 in 2010. Today, it’s closer to $49,000 and looking to climb further.

All sports car values expressed are reflective of vehicles fitting the “Vehicle Condition 3” category, which Hagerty Insurance gives to cars deemed in “good” condition and without visual flaws.