5 Used Sports Cars Whose Prices Skyrocketed in 2022 (5 That Are Still Cheap)
Hagerty, one of the leading authorities on the value of classic cars and collectors, recently released their 2022 “Bull Market List,” which lists their predictions of which cars are most likely to see their value rise as demand increases and supply decreases. on production vehicles. Some list entries were to be expected, no wonder a 1974 Ferrari goes up in value at any time, but some list entries, like the Suzuki Samurai or Tesla sports were surprising.
The list isn’t exhaustive though, and there are several cars that Hagerty either overlooked or didn’t pass their assessment. Maybe it’s better because their predictions always seem to come true and some Used vehicles are still readily available at affordable prices, but if you want to beat the competition, you have to go for one of these cars before they become too expensive for the basic consumer.
ten Bull Market: 1965 Cadillac De Ville
While some can still be found anywhere between $20,000 and $50,0000, Hagerty predicts that demand for classic Cadillacs will skyrocket, and so will the price tags.
The De Ville is a remarkable machine with a 429 cubic inch V8 engine block and a 26 gallon gas tank. With their addition to the bull market list, demand is set to skyrocket.
9 Bull Market: 1974 Ferrari 246 Dino
Of course, Ferraris are already one of the most expensive cars in the world, so a spike in their value is never a surprise. But the exponential increase in value of the 246 Dino is worth noting.
Previously, Dino’s had been selling for over $100,000 for years. Now Hagerty’s estimates show that the 1974 Dino is about to sell for at least $300,000 In the years to come.
8 Bull Market: 1963 Mercedes-Benz 230SL
Like Ferrari, a Mercedes-Benz rising in value is no surprise, especially a classic like the 230 SL, which offers 150 horsepower from one of the first fuel-injected engines.
While some still sell their 1963 – 1966 models for $46,000, Hagerty estimates that in the not-too-distant future, the 1963 Mercedes-Benz 230 SL will fetch as much as $100,000.
seven Bull Market: 1966 Pontiac GTO
Pontiac GTOs have been off the market since 2006, and all Pontiacs were officially discontinued by Chrysler three years later. But in its heyday, Pontiac made some of the best sedans, sports cars, and muscle cars on the market. One of the best brands was the GTO.
The 1966 model has a heavy V8 engine with 360 horsepower, where previously some sold for as low as $40,000, they are expected to be worth over $120,000 by the end of 2022.
6 Bull Market: 1995 Porsche 968
The 1995 Porsche 968 should increase in value because it has been “one of the best-handling cars” according to Hagerty.
Benefits of this ride include a water-cooled turbo engine and the new pop-up headlights now famous on 80s and 90s sports cars.
Another good news is that the car is relatively inexpensive even with the increase in value, it currently sells for around $34,000 but is about to be worth it around $50,000, which is correct.
5 Still cheap: Ford Mustang Fox Platform
Fox platforms were an attractive design choice for Ford, as they would have made modifications much easier and were the oldest platform used by the company. While
the Fox body was discontinued in 1993, several models still make the rounds in auctions and lots.
The supply of these non-production cars is spinning, but some can still be found with sticker prices as low as $30,000. If one were to buy them before they are added to the next bull market list, one could be in a position where they are sitting an incredibly rare Mustang with high resale and collectible value.
4 Always cheap: Ford Mustang Boss 302
Another Mustang collectors might want to jump on before the value spikes is the second generation Boss 302. This car released only twice (1969 and 2012) featured a 5-liter V8 with 444 horsepower.
The Boss 302 is poised to increase demand, as classic Mustangs always increase in value if properly maintained. A good 302 can be yours anywhere $30,000 to $40,000 and given that this Mustang trim has only seen production twice, supply will eventually dwindle more than it already has.
3 Still cheap: Nissan 300ZX Z31
The 300ZX is one of the best Nissans to ever leave the factory and the Z31 is probably one of the best of the best. It has a twin-turbo engine and pop-up headlights. Fortunately, these cars can still be found for the prices as low as $12,000, and some sellers ask for even less!
Unfortunately the supply is dwindling as the Z31 was phased out of production in 1989. Collectors interested in obtaining this car would be wise to purchase as soon as possible.
2 Still cheap: BMW 1 Series M Coupé
Like many cars on this list, it’s no surprise that a luxury brand goes up in value or becomes a collector’s item. What’s surprising is that the 1 Series M Coupe is set to become a collector’s item sooner than you might think, as only 800 models hit the US market.
With only 800 produced the price is destined to skyrocket, currently they can still be had for around $40,000 (the same price as new), but some sell for up to $60,000 and that number will only increase.
1 Always cheap: Alfa Romeo 164 from 1992
Concluding the list is the 1992 Alfa Romeo 164, with a 3.5-liter V6 engine and 230 horsepower. Production of the 164 ended in 1998, after the company launched around 200,000 on the market.
Available for less than $10,000, demand is likely to skyrocket and drive the cost of this car to an astronomical level, as Alfa Romeos tend to sell for an average between $30,000 and $40,000.
The 80s had some pretty iconic sports cars. Here are a few that made an impression and others that just weren’t up to the task,
About the Author