Classic cars that can double their value in 5 years
2023-12-14 15:07:14
Speculation has never been the best reason to buy a collector car .More often than not, the buyer loses money on a car that he or she didnt want in the first place.
On the other hand, there is no shame in buying something that you love, enjoying it for a few years, then making some change and trading up to something else that you love.
And while there is no such thing as a sure thing, here are five that are a good bet to appreciate significantly in the next five years:
2001 Panoz Esperante
If a Dodge Viper is a bit too much of a blunt instrument for you, might we suggest a Panoz Esperante. A race-bred, all-American sports from Georgia, its well-engineered suspension and generous use of aluminum (plus a Ford modular V8) make it an ideal track day weapon that you wont see in every paddock.
1992-95 Dodge Viper RT/10
And if it isnt too much of a blunt instrument. Fat tires, 400+ horsepower, minimal weather protection (including flimsy side curtains and a toupee for a top) and side exhausts that sound like all of hell hound Cerberuss heads belching in unison.
1992-97 Ferrari 456 GT
Ferrari is done with the clutch pedal and while those shopping for new Ferraris dont seem to miss it, manual transmission Ferraris from the 90s and the aughts are hot at the moment in the collector market.
2008-09 Honda S2000CR
As affordable roadsters from the aughts go, the S2000 is far more entertaining than anything other than a BMW Z3 M roadster, maybe.
1982-91 Pontiac Trans Am
Of all the cars on the list, this one may come closest to a sure thing. We have all seen the Smokey and the Bandit-era 1976-77 Trans Ams go northbound over the last few years. Now those cars are in the $30-$50,000 range.Well guess what, the kids who couldnt get enough of the show Knight Rider are now coming into some bucks and guess what they are going to want? For the time being , these are about ten grand. Is double that unreasonable in five years? I think not.
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