2017 Cars That Could Become Coveted Collectibles – Forbes – Forbes
Whenever a car or truck is being discontinued after several years on the market, somebody – usually a current owner – will ask whether it will eventually become a valued collectible. The answer is usually along the lines of, “Perhaps, but not in our lifetimes.”
Desirability and exclusivity are the key attributes that drive the collectible car market, which explains why a vintage Ferrari or a rare domestic muscle car from the 1960’s in top shape might command hundreds of thousands of dollars at auction, while a 1978 Oldsmobile Cutlass gets crushed for scrap metal.
Of course, as with any investment, it’s best to get in on the proverbial ground floor. To that end, the experts at vintage-car insurer Hagerty in Traverse City, MI just released a list of 10 vehicles from the 2017 model year they feel are the most likely to appreciate in value down the road. How many miles any of them might have to travel down that road before showing a profit – if ever – is anybody’s guess, but by no mere coincidence, each of the models on Hagerty’s list are also among the most enjoyable models to drive in the meantime.
“All ten have that ‘it’ factor that makes them stand out from the crowd,” says the company’s CEO McKeel Hagerty. “In some cases it’s power, in some cases it’s innovation or drivability, but all of them have the qualities that define a future classic.”
For starters, all of the cars on the future collectibles list – which we’re featuring with our own commentary in the accompanying slideshow – are new for 2017. Contrary to what some might believe, first-build models are often more coveted than the last examples to roll off an assembly line. They’re all reasonably priced, with the costliest model on the list being the 505-horsepower Alfa-Romeo Giulia Quadrifoglio sports sedan at $72,000. The most affordable among them is the lithe and low-slung Toyota 86 (the car formerly known as the Scion FR-S), which starts at just $26,255.
Though most are sports cars, Hagerty’s list of 2017 cars to buy and hold includes two pickup trucks, with both being specially configured off-road-warrior models. These would be the rip-roaring Ford F-150 Raptor full-size pickup and the new ZR2 version of the midsize Chevrolet Colorado. Reflecting the seismic shift away from cars and toward more truck-like vehicles in the new-car market, expect to see more pickups and SUVs rise in prominence and popularity among vintage vehicle collectors in the coming years.