The world of classic cars is volatile, that’s for sure. While firm favorites like the Porsche 911 and the BMW E30 3 Series continue to hold their values, we’ve seen huge price increases in some of the more ordinary vehicles recently.
It is a reflection of the broader used car market, which is constantly growing as demand continues to rise. We’ve picked out a few of the cars that are currently prices skyrocketing – and they may not be what you expect.
Ford Focus RS (first generation)
The Focus RS gained a lot of fans when it was launched
Ford’s first-generation Focus really broke the mold for family hatchbacks, bringing in quirky styling but – most importantly – a driving experience that dwarfed all of its competitors. Of course, it was expected that a performance-oriented version would deliver, and the RS did.
With a powerful 2.0 liter turbo petrol engine coupled with a five-speed gearbox, the RS was a really exciting road car. Although it was a relatively inexpensive car at first, prices have skyrocketed recently – with good examples of low mileage fetching up to £ 53,000.
The chunky appearance of the Cherokee makes it stand out
Large, box-shaped SUVs are all the rage right now, and the second generation Jeep Cherokee – known as the XJ – is all the rage. Even if its handling on the road leaves a little to be desired, it’s hard not to be enchanted by the way the Jeep looks.
Although somewhat rough and finished examples can be found for less than £ 2,000, these are few, while the best examples cost more than £ 5,000.
Nissan Skyline (R34)
The skyline is a real icon of driving
Japanese classics are booming across the board, and those who grew up with these iconic models on their bedroom walls are now venturing into the second-hand market to buy their childhood heroes.
The R34 Nissan Skyline is by far one of the most iconic. Although most examples will cost well over £ 35,000, limited editions or those with low miles are now creeping well beyond the £ 80,000 limit and beyond.
The box-shaped 940 is still a practical option today
There was a time – not so long ago – when Volvo’s large station wagons and sedans could be picked up for as little as hundreds of pounds instead of thousands. Nowadays a classic Volvo costs a considerable amount of the money – and it’s getting more and more expensive.
The story goes on
The 940 is a classic Volvo that is on the rise in terms of price. A mid-range example will cost you around £ 3,000, although clean examples will set you back over £ 5,500.
Fiat’s Panda was a real car for the city
Who would have thought that the cute little panda would have achieved such cult status? It’s fair to say that many pandas in the UK fell by the wayside due to their tendency to rust, but those that stayed now have a real premium.
Though a seedy “project” car might go for under £ 1,000, look for a decent version around £ 4,000 – and those prices only move north.
Volkswagen Golf MK2
The second generation Golf is a further development of the original
The tiny Golf of the first generation from Volkswagen has already reached a soaring price and now it is the turn of the MK2. The slightly clunkier model has a real following across the UK – the GTI version in particular – although more regular models are also growing in popularity.
Even not-so-flawless models will cost £ 4,000 in the region, although well-maintained, low-mileage versions start at £ 20,000.
The classic Audi 80 was equipped with various engines
As we pointed out earlier, even more ordinary cars are being bought by buyers. Take the Audi 80, for example. Although it was once a premium option, prices were falling quickly, but they have been rising steadily over the past few years.
The 80 Avant – or station wagon – continues to enjoy great popularity alongside sedans, convertibles and coupés. A clean convertible could cost over £ 7,000 – although there are some bargains to be found. This is definitely one to get into right now.