2020 Collector Car Market Predictions
Crystal Ball Time
2020 sure has been a strange year and with just under four months to go, who knows what else might happen. Its certainly not worth thinking about or trying to make some sort of prediction. Every year there are those who do make predictions, in this case its a gaze into a crystal ball trying to understand where the collector car market is headed. Let’s take a look back at a couple of predictions for this year:
- Ten Surprising Collectible Cars to Invest In for 2020 – Bloomberg, Feb. 2020
- 2020 Bull Market List: 10 collector cars on the rise this year – Hagerty, Dec. 2019
Bloomberg
- 1996-2002 Dodge Viper GTS
- 1999-2006 Porsche 911 996
- Chevrolet Corvette (1967)
- 1966-1967 Bizzarrini 1900 Europa
- 1996-1999 Vector M12
- Land Rover Range Rover (mid-90’s)
- 1970-1976 Porsche 914
- Jeep Cherokee (2000-ish)
- 1948-1954 Jaguar XK 120 Roadster
- Ferrari 360 Spider (2002)
Hagerty
- 1996-2002 Dodge Viper GTS
- 1990-1995 Volkswagen Corrado
- 1999-2005 Ferrari 360
- 1970-1995 Land Rover Range Rover
- 1971-1980 International Harvester Scout
- 1988-1991 Honda CRX Si
- 1997-2001 Acura Integra Type R
- 1984-2001 Jeep Cherokee
- 1998-2002 BMW M Roadster
- 1970-1976 Porsche 914
In bold are vehicles that made both lists.
Our Thoughts on the Collector Car Market
The first thing that stands out is the inclusion of multiple SUV’s on both lists. This makes sense in that SUV’s and Trucks make up the majority of new sales in the United States now. The much anticipated release of Ford’s revamped Bronco is sure to spark interest in SUV’s of the past.
The Ferrari 360, BMW M Roadster and Porsches (914 & 996) all make sense as they are sports cars at or nearing the point of peak depreciation. The Dodge Viper and Acura Integra Type R have probably already started to appreciate in value. As for the selection of the C2 Corvette, I’d say that it has been in demand and appreciated quite well for some time now. For Corvettes, I might have included specialty C4’s (Callaway, ZR-1, Grand Sport) or the C5 Z06.
The Honda CRX Si and Volkswagon Corrado were very popular in the early 90’s and are cheaper ways to enter the collector car market. I have no idea how much demand there is for these cars currently. That leaves the Vector M12, Jaguar XK 120 and Bizzarrini 1900; all of which are six-figure cars and will only be owned by the most serious collectors.
Let’s Hear Your Thoughts
We’ll revisit this list later this year as the 2021 collector car market predictions start to trickle out. Let’s hear your thoughts in the comments section below.
