The Hagerty Bull Market List is an annual compilation of classic and modern-classic cars which provide the owner with a pleasurable driving experience while also predicting which makes and models could be bought without fear of them losing money.
The advice from Hagerty is to buy any classic car with your heart as they are built to be enjoyed and driven as often as possible. Buy a car you like first and foremost, and should it deliver a healthy return financially, consider that an added bonus.
Aston Martin DB7
The average Hagerty Price Guide ‘excellent’ value across the DB7 range has dropped from £37,680 in 2019 to £31,580 today. But it’s an Aston Martin and will surely bounce back. As the cars’ age and miles creep up, well-preserved examples should become more sought-after, now may well be the time to buy while prices are low.
Ferrari 328 values shot up in the first half of the 2010 but since then it has dropped annually as the appetite for modern-classic Ferraris subsided. From 2016 to 2019, values fell at roughly 11% per annum, but last year this reduced to just 2%. It has all the markers of a successful classic: a legendary manufacturer, rarity and an 80s look that is so attractive.
Ford Focus (Mk1)
Hagerty has long championed the unexceptional saloons, estates and hatchbacks that take us to our offices, drop our kids at school and transport us on holiday. Values for the Focus are low: even an ‘excellent’ example can be purchased for around the £1,400-mark, fair ones for much less.
Jaguar Mark II
The Jaguar Mk II is an iconic classic which has been collected and cherished since the day it was first sold. In recent years, prices have been relatively steady, however, values have already risen by nearly a third this year. Hagerty feel that the Mark II Jaguar still has potential for growth and now may be the time to buy.
Land Rover Discovery (Series 1)
Values of classic Range Rovers have rocketed over the last five years, and it’s about time the Series I Land Rover Discovery followed suit. Until recently, even the best could be bought for a few thousand, but in recent months, exceptional examples have achieved much more: in June, CCA sold one for £12,320.
Mercedes-Benz SLS AMG
As with most modern performance cars, values tend to dip at first and until very recently advertised prices were dropping each month compared with 12 months previously. From September 2020, asking prices rose: the convertible by 2.3% and the coupe by 2.5%. As Mercedes gears up for the era of electrification, the SLS could be a high-tide mark from the petrol era.
Values of all variants of the Mk 1 Austin/Morris Mini Cooper have been increasing in value over the last few years, but Hagerty believes they have the potential to rise again in 2021, thanks to the 60th birthday. The first 997cc model also seems somewhat undervalued, given the prices asked for its later, larger-engined brethren.
Porsche 944 S2
The 944 is still available for just a few thousand pounds. The pick of the bunch is the naturally aspirated S2. More drivable than the Turbo but with just 10hp less, the 3-litre S2 briefly shot up in value in 2016, and after a quick correction has been gaining steadily in value ever since.
Renault 5 GT Turbo
Hot hatches are THE modern classic cars of the moment and values of popular models have soared, but one is still obtainable and it’s more powerful than them all. With 115bhp on tap the Renault 5 GT Turbo has a current value of £12,900 and still looks as if it has significant potential to climb.
Toyota MR2 (Mk3)
How long can a car like the Toyota MR2 remain a secret? Even a rare unmolested example will only set you back a few thousand pounds. It has Toyota’s robust mechanicals and leather or Alcantara options make the interior not a bad place too. The HPG ‘excellent’ value at just £4,100 the roadster from Japan seems undervalued.