The Yearly Hot List

For the last 12 years, Hagerty Insurance Agency releases a “Hot List” that includes ten mass-produced vehicles with the potential of gaining value over time and becoming collector’s items. The goal isn’t to promote the obvious contenders — like supercars made by the likes of Ferrari and Lamborghini — but to highlight more affordable cars, some of which might not immediately come to mind for classic car enthusiasts. McKeel Hagerty, CEO of Hagerty Insurance Agency recently said they sift through the good, the bad and the ugly with the goal of finding that one car the consumer can bet their money on and has the potential to be a collector’s item in 15-20 years. To qualify for the list, a vehicle must have a suggested retail price from its manufacturer of less than $100,000 and be available for the model year in which the list is released.

In 2010 they published the “2010 Hot List: Decade in Review” list featuring cars from different price points:

  • 2000 BMW M Roadster
  • 2001 Corvette ZO6
  • 2002 Pontiac Firebird WS-6
  • 2003 Mini Cooper S “JCW”
  • 2004 Cadillac CTS-V
  • 2005 Acura NSX.
  • 2006 Dodge Ram SRT-10
  • 2007 Ford Shelby Mustang GT 500
  • 2008 Dodge Challenger SRT8
  • 2009 Pontiac Solstice GXP Coupe

This list isn’t perfect but many car collectors agree it has something for everyone.

Curious to see which vehicles made it onto the 2019 Hot List?

1972-75 BMW 3.0CSL

  • 0-60 5 sec
  • Top speed: 137 mph
  • Price new: $10,214
  • Hagerty value: $218,500-$264,700
  • Hagerty’s take: “The granddaddy of BMW M cars – not just another 911 at the car show. Rare and always will be. At heart a comfortable grand tourer. These cars aren’t common, and their values are up 10% in the past 12 months. Even though cars in #2 condition are valued at $250,000, we think there is room to grow.”

1997-2004 Porsche Boxter

  • 0-60 5.3 sec
  • Top speed: 162 mph
  • Price new: $51,600
  • Hagerty value: $13,800-$17,200
  • Hagerty’s take: “The large number of cars built and some known quality issues mean the values for this genuine son of Stuttgart have depreciated into widely affordable territory. You can be lapping up the top-down delights of a Boxster while enjoying nearly perfect ergonomics and carving your favorite road to ribbons – all for $15,000 or less.”

1984-93 Saleen Mustang

  • 0-60 6.0 sec
  • Top speed: 149 mph
  • Price new: $25,500
  • Hagerty value: $26,400-$32,500
  • Hagerty’s take: “Bone-jarringly stiff, unapologetic, absolute race cars for the street, these early Saleens are still trading for not much more than a garden-variety Fox-body Mustang GT. For now. Don’t say we didn’t warn you.”

1996 Chevrolet Corvette Grand Sport

  • 0-60 5.2 sec
  • Top speed: 168 mph
  • Price new: $37,225
  • Hagerty value: $36,100-$49,500
  • Hagerty’s take: “Just 1,000 examples built in one year means these cars are rare, fast, and distinctive. In a Corvette – in fact, in most cars – those factors add value. Plus, most Grand Sports were treated as collector cars from new, which means lots of low-mileage choices out there.”

2004-07 Subaru Impreza WRX STI

  • 0-60 4.9 sec
  • Top speed: 155 mph
  • Price new: $32,000
  • Hagerty value: $25,700-$33,700
  • Hagerty’s take: “The real-life versions of the cars we played in Need for Speed were too expensive for the kids who wanted them. But as those kids became adults and made money, the cars got older and cheaper. Good examples are hard to find today but they are that much more valuable.”

1985-89 Toyota MR2

  • 0-60 6.5 sec
  • Top speed: 130 mph
  • Price new: $19,750
  • Hagerty value: $10,800-$14,100
  • Hagerty’s take: “A car-magazine favorite when new that represents all the cool design things about the 1980s. Clean cars in #2 condition are still less than $15K, but values are up 25%.”

2004-06 Dodge Ram SRT10

  • 0-60 4.9 sec
  • Top speed: 150 mph
  • Price new: $45,000
  • Hagerty value: $26,700-$35,000
  • Hagerty’s take: “Our insurance quotes are up 40%, and 61% of those are from Gen X and millennials, meaning the interested parties are under 55. Auction sale prices are up 15%.”

1980-86 Ford Bronco

  • 0-60 14.4 sec
  • Top speed: 86 mph
  • Price new: $10,858
  • Hagerty value: $13,400-$18,100
  • Hagerty’s take: “Jurassic-period simplicity; parts available at the grocery store. A usable classic that carries your dogs. There wasn’t a big performance difference between all the model years, so there isn’t a big falloff in values from the ’70s to the ’80s. Millennials are twice as likely to quote a third-gen as a first-gen because they’re cheaper; a Bronco in #2 condition can be had for $15K.”

2008-09 Pontiac G8 GXP

  • 0-60 4.7 sec
  • Top speed: 146 mph
  • Price new: $39,900
  • Hagerty value: $40,700-$47,800
  • Hagerty’s take: “The last hurrah of the Pontiac brand, the GXP was the only G8 available with a manual trans. Members of the Pontiac fan club are crazy excited about their cars in general, and when the brand was discontinued, they went nuts and became even more enthusiastic. Values are up 10% over last year.”

1994-96 Buick Roadmaster Estate Wagon

  • 0-60 8.1 sec
  • Top speed: 118 mph
  • Price new: $26,400
  • Hagerty value: $13,300-$18,300
  • Hagerty’s take: “Is this the AMC Pacer of the ’90s? The number of insurance quotes we give on this car leads the overall market by 14 points. The quoted values have pretty much bottomed out, which means they are done depreciating. We don’t see them at the auctions yet, but they have a big cult following on social media, and there’s nowhere for Roadmasters to go but up.”

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