The values of conventional classic cars surpass some iconic, coveted classics such as the Jaguar E-Type.
That says the classic car insurer Hagerty, which records the market values of more than 2,000 vehicles. It is said that “non-exceptional” cars that were once the backbone of the UK are proving to be popular investments.
The company gets its data from UK auctions, commercial sales and private sales. When comparing the values from 2020 to 2021, the top 10 best performers are:
- 1965-1970 Triumph 1300 by 20.4 percent
- 1962-1966 Ford Cortina Mk1 by 19.4 percent
- 1973-1982 Austin Allegro 13.6 percent increased
- 1962-1980 Renault 4 by 10.6 percent
- 1963-1976 Hillman Leprechaun by 10.1 percent
- 1970-1976 Ford Cortina Mk3 7.8 percent increased
- 1968-1979 Renault 16 plus 7.4 percent
- 1948-1960 Peugeot 203 plus 5.2 percent
- 1975-1981 British Leyland Princess by 5.1 percent
- 1987-1994 Alfa Romeo 33 4.4 percent increased
During the same period, the values of the Jaguar E-Type Series III rose by 8.2 percent, added Hagerty.
Gallery: The World’s Best Selling Cars (Autocar)
The company speculated that part of the appeal of the above 10 classic cars is that they cost less than £ 4,000 on average.
“These everyday cars are becoming increasingly rare,” says John Mayhead, Head of Automotive Intelligence at Hagerty. “For decades, the vast majority of them were unloved workhorses, which in the end were at best sold as scrap.
“Now, with rarity on their side and nostalgia in their hearts, enthusiasts snap up the remaining examples, sometimes because of an emotional connection and sometimes perhaps because they feel obliged to preserve them for the enjoyment of future generations.”
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