A car, unlike a house, is not an investment. It’s a pit that your pour money into over time, especially when you take into account interest rates on loans and depreciation. That is, unless you just so happen to have bought, say, a 1963 Ferrari 250 GTO back in the era of flower power and decided to sell it now – with one such vehicle recently hitting a record $18 million dollars at auction.
But how can you know what cars will be worth purchasing as an investment? Ask an expert.
That’s what the folks at Yahoo Autos did, speaking with McKeel Hagerty of Hagerty Insurance, the world’s largest insurer of pricey classic and antique vehicles. Hagerty broke down his list of the top five models of the last 20 years that are expected to become top collectors items – and the Veyron (above) isn’t one of them.
Hit the jump for the list and give us our feedback
Dodge Viper (1992 – 2010)
From the original raw and mean ’92 model to the one-time Nürburgring champ ACR, Dodge built as many Vipers as there was demand for, but due to its raw driving experience and it’s domestic heritage, the Viper never achieved the status of exotic Italian machinery. Perhaps history will remember this incredible machine differently.
Chevrolet Corvette ZR1 (2009 to Present)
The most powerful and capable Chevrolet Corvette ever, the ZR1 demands the respect of every vehicle on the road. And as the top ‘Vette of all time, it’s certain to bring big auction numbers in the future. Priced at $100,000 the first model ever sold was auctioned for a cool $1 million.
Mercedes-Benz SLR McLaren (2003-10)
This one might come as a surprise to many. Somewhat of a sales flop, Mercedes offered the SLR McLaren for a total of seven years and in numerous different trims – the later models getting more power and, therefore, making the earlier ones less attractive. Originally priced at 450,000 the car was seen by many to be an astronomical price, especially when it offered little performance advantage over the SL65 AMG model. We wouldn’t bet on this one becoming too hot, although the Stirling Moss edition might fetch a nice price as a museum piece.
Then again, the SLR does have quite a story behind it, and could be credited with both bringing together McLaren and Mercedes, as well as splitting them apart, spawning a rivalry that carries on to this day, both on the street and the track.
FORD GT (2005-06)
While it didn’t keep up the racing heritage of the original GT40, the modern Ford GT didn’t disappoint when it came to delivering an amazing performance machine that looked incredible.
Priced at $150,000 to start, the GT was a bargain with the looks and performance that could trump a Lamborghini Murcielago at half the price.
If there’s one drawback to this car’s collectibility factor, it’s that ford built over 4,000 of then in just two short years.
Porsche Carrera GT
No list of collectible cars would be complete with out a Porsche (or a Ferrari… where are the Ferraris Mr. Hagerty?) And what better Porsche than the 605-hp V10-powered Carrera GT.
In the age of the Ferrari Enzo, Porsche produced a true supercar that rivaled the world’s best and with just 1,270 units ever made over just two years, they were in high demand then and are certain to grow in value in the future.