Rapidly Appreciating Cars Can Cool Just As Quickly

by

hagerty-1985-porsche-911

By: Brian Rabold

According to the latest Hagerty Vehicle Ratings, previously scorching models like the 1964-67 Porsche 911, the 1984-89 Porsche 911 and the Ford GT are suffering minor hangovers now that interest has waned. These cars find themselves in the bottom following massive supply spikes – the direct result of lots of high-profile sales. Expect this to be a temporary blip as buyers stop chasing rising values with aspirational asking prices and supply begins tightening up.

Major inversions also occurred with the Porsche 924 (rated an 82 in July) and the DeTomaso Pantera (a 60 in July). Both have cooled considerably over the past two months, and now sit at a 20. The already cool first-generation Corvair got downright icy, losing 38 points to settle at an 8.

.

jaguar-xk120

 

Another theme is that classic British cars continue trailing the market. In fact, six of the bottom 25 models hail from England. The Austin-Healey 3000, Jaguar XK120 and Mk IV Austin-Healey Sprites occupied similar spots in the July rating, but they are now joined by the MG-TF, the Triumph TR4 and the Rolls-Royce Corniche. It seems that shifting preferences towards more modern cars is coming at the expense of models from the Land of Hope and Glory.

View the list of the 25 lowest rated vehicles.

.

Sponsored by:

240x60 Valuation generic

Advertisements

Tags:

One Response to “Rapidly Appreciating Cars Can Cool Just As Quickly”

  1. jordan Says:

    Fascinating stuff. The Corvair and Ford GTs value curves are painful to see. British cars, as everyone else knows already, are dropping in value because the good folks that love them may not be buying them in the numbers they have been and may even be sellign them off.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: