Hagerty Article about 25 cars Collectors seem to be Ignoring

[BGlover67]

Holy cow!  1965-1970 GT350's (no. 9) and 1967-1970 GT500's (no. 23)!

https://www.hagerty.com/articles-videos/articles/2018/08/07/cars-that-collectors-seem-to-be-ignoring?utm_source=SFMC&utm_medium=email&utm_content=18_August_8_HagertyNews

25 cars that collectors seem to be ignoring

The Hagerty Vehicle Rating uses insurance activity, auction results, and private sales activity of hundreds of models of classic and modern vehicles in order to determine which vehicles are outperforming the collector car market as a whole. The latest dive into the numbers has revealed that quite a few cars we still consider highly collectible are now finding their way to the bottom of the ranking. What can we take away from this?

The first thing that comes to mind when looking at the bottom 25 is that there aren't any real duds. All are desirable coupes, roadsters, muscle cars, and beautifully styled classics. Just take a look at that list: you have British, German, Italian, and American cars from the '50s to the '80s, and each one would be a welcome addition to nearly any collector's stable. What gives?

In the case of the second-generation Pontiac GTO, values have remained rock solid over the last several years, while other muscle cars have continued to climb. Of course, the most desirable versions of GTO, like the Judge, are beginning to push upward, which might mean that the market is passing up garden-variety Goats and is only interested in the rarities.

The same can be said about C4 Corvettes. The standard LT-1-powered coupes and convertibles are holding their value, but the Grand Sports are getting all the attention. Likewise, the Plymouth GTX and Dodge Challenger have both taken a back seat in comparison to the Road Runner and 'Cuda, respectively, although they're both desirable, restorable, and collectible. Oddly enough, both were also the budget versions of the B-body and E-body compared to the luxurious GTX and longer-wheelbase Challenger.

The real lesson, it seems, is that the Hagerty Vehicle Rating does a pretty good job of finding which vehicles are tearing up the market, but even the vehicles that are cooling down clearly aren't bad cars and not necessarily bad buys. If you're a fan of the Big Three and you'd like to add some variety to your stable, you still can't go wrong with a GTO, a GTX, and a GT350.


Vehicle

1.  1972-1980 Mercedes-Benz 350SL / 450SL   7

2t.  1962-1969 MG MGB  11

2t.  1968-1972 Pontiac GTO  11

4.  1976-1989 Porsche 911 Carrera (Turbo 930)  12

5.  1963-1971 Mercedes-Benz 230SL   13

6t.  1984-1996 Chevrolet Corvette   14

6t.  1950-1953 MG TD   15

6t.  1965-1969 Chevrolet Corvair   15

9t.  1954-1956 Oldsmobile 88   16

9t.  1965-1970 Shelby GT350  16

9t.  1966-1970 Oldsmobile Toronado  16

9t.  1968-1970 Plymouth GTX  16

13t.  1955-1962 Triumph TR3  17

13t.  1970-1974 Dodge Challenger  17

15t.  1964-1965 Ford Falcon  18

15t.  1965-1970 Cadillac Fleetwood 60 Special  18

15t.  1965-1970 Oldsmobile 88  18

15t.  1965-1970 Oldsmobile 98  18

15t.  1985-1989 Ferrari 328 GTB / GTS  18

20t.  1953-1960 Austin-Healey 100  19

20t.  1955-1957 Ford Thunderbird  19

20t.  1978-1995 Porsche 928  19

23t.  1966-1967 Dodge Charger  20

23t.  1967-1970 Shelby GT500  20

25t.  1959-1967 Austin-Healey 3000  21

25t.  1967-1970 Mercury Cougar  21

25t.  1969-1973 Porsche 911  21

[2112]

Are they saying "pick one up before values shoot to the moon" or "these are relatively cheap for you bargain shoppers out there"?

[BGlover67]

I can't tell either way. 

[gjz30075]

Is the number on the right the 'Hagerty Vehicle Rating', as shown in the article?    What does that mean?

[GT350Lad]

Agree the article is hard to interpret, a list of the 'top' cars we are ignoring and then a rating system that predicts there success but with no scale??

[stephen_becker]

Click-bait from Hagerty -  I got the same email and deleted it after three tries of trying to figure out what the heck they were talking about and all that kept popping up was ads and everything else but the information that I wanted to read!

Crazy

[427heaven]

Holy cow!  1965-1970 GT350's (no. 9) and 1967-1970 GT500's (no. 23)!

https://www.hagerty.com/articles-videos/articles/2018/08/07/cars-that-collectors-seem-to-be-ignoring?utm_source=SFMC&utm_medium=email&utm_content=18_August_8_HagertyNews

25 cars that collectors seem to be ignoring

The Hagerty Vehicle Rating uses insurance activity, auction results, and private sales activity of hundreds of models of classic and modern vehicles in order to determine which vehicles are outperforming the collector car market as a whole. The latest dive into the numbers has revealed that quite a few cars we still consider highly collectible are now finding their way to the bottom of the ranking. What can we take away from this?

The first thing that comes to mind when looking at the bottom 25 is that there aren't any real duds. All are desirable coupes, roadsters, muscle cars, and beautifully styled classics. Just take a look at that list: you have British, German, Italian, and American cars from the '50s to the '80s, and each one would be a welcome addition to nearly any collector's stable. What gives?

In the case of the second-generation Pontiac GTO, values have remained rock solid over the last several years, while other muscle cars have continued to climb. Of course, the most desirable versions of GTO, like the Judge, are beginning to push upward, which might mean that the market is passing up garden-variety Goats and is only interested in the rarities.

The same can be said about C4 Corvettes. The standard LT-1-powered coupes and convertibles are holding their value, but the Grand Sports are getting all the attention. Likewise, the Plymouth GTX and Dodge Challenger have both taken a back seat in comparison to the Road Runner and 'Cuda, respectively, although they're both desirable, restorable, and collectible. Oddly enough, both were also the budget versions of the B-body and E-body compared to the luxurious GTX and longer-wheelbase Challenger.

The real lesson, it seems, is that the Hagerty Vehicle Rating does a pretty good job of finding which vehicles are tearing up the market, but even the vehicles that are cooling down clearly aren't bad cars and not necessarily bad buys. If you're a fan of the Big Three and you'd like to add some variety to your stable, you still can't go wrong with a GTO, a GTX, and a GT350.


Vehicle

1.  1972-1980 Mercedes-Benz 350SL / 450SL   7

2t.  1962-1969 MG MGB  11

2t.  1968-1972 Pontiac GTO  11

4.  1976-1989 Porsche 911 Carrera (Turbo 930)  12

5.  1963-1971 Mercedes-Benz 230SL   13

6t.  1984-1996 Chevrolet Corvette   14

6t.  1950-1953 MG TD   15

6t.  1965-1969 Chevrolet Corvair   15

9t.  1954-1956 Oldsmobile 88   16

9t.  1965-1970 Shelby GT350  16

9t.  1966-1970 Oldsmobile Toronado  16

9t.  1968-1970 Plymouth GTX  16

13t.  1955-1962 Triumph TR3  17

13t.  1970-1974 Dodge Challenger  17

15t.  1964-1965 Ford Falcon  18

15t.  1965-1970 Cadillac Fleetwood 60 Special  18

15t.  1965-1970 Oldsmobile 88  18

15t.  1965-1970 Oldsmobile 98  18

15t.  1985-1989 Ferrari 328 GTB / GTS  18

20t.  1953-1960 Austin-Healey 100  19

20t.  1955-1957 Ford Thunderbird  19

20t.  1978-1995 Porsche 928  19

23t.  1966-1967 Dodge Charger  20

23t.  1967-1970 Shelby GT500  20

25t.  1959-1967 Austin-Healey 3000  21

25t.  1967-1970 Mercury Cougar  21

25t.  1969-1973 Porsche 911  21


This is the worst, least thought out chart I have seen in some time. There is no rhyme or reason to any of the numbers of how they compare, what they reference. If someone showed up to a board room meeting loaded with this info where I come from, they would be looking for a job possibly that asks U WANT SUM FRIES WIT DAT.

[BGlover67]

I'm sorry I didn't mean to upset anyone, but I was somewhat confused by the whole thing and wanted to know what my smart friends in this hobby thought.  As for the number after the category of car, it's Hagerty's vehicle rating.  This explains it:

https://www.hagerty.com/valuationtools/hagerty-vehicle-rating

[427heaven]

As collector cars seem to be climbing at a very fast rate for the upper end well respected cars a natural thing occurs. The lesser valued cars get pulled up because it is cost effective to own one. That's easy enough to understand but trying to follow the chart that says Lincoln town cars- farm trucks- RX 7S are a 96-98 rating (What does that mean collectability wise) When a Ferrari 355 is at the bottom of the pile. I understand that old trucks you can find in the 2-5k range are popular I own a couple but the chart doesn't reference is what the number to the right means other then it is VERY popular now. Anyone that is a car-truck person already knows this. Corvairs and such are fun cars to drive but heres what big business does to promote things. Lets say they are insuring 1 corvair and then someone else wants to insure their corvair = 2. It can now be said we have seen a 100 percent increase in Corvair collectability.

[2112]

From Brian's link   

What do the different ratings mean?

A rating of "50" indicates that a model is keeping pace, or is aligned, with the rest of the market. That means when the market is flat, a model that is also flat will be scored at or around 50. Similarly, when the market increases by 8% overall, for example, a model that has also increased by 8% will be scored at or around 50.
A Case Study

And, when the market has decreased by 5% overall, for example, a vehicle that has also decreased by 5% will receive a score of at or around 50.

In other words, a vehicle with a performance that closely parallels the market's performance —no matter if that market performance is positive or negative —will score a rating of around 50.

Ratings above 50 are assigned to vehicles that are growing faster than the market at large, with higher numbers corresponding to vehicles with stronger market performance.

Conversely, ratings below 50 are assigned to vehicles that are growing more slowly than the market at large, with lower numbers corresponding to vehicles with weaker market performance.

Think of a rating of 50 as "neutral" —in this context, a vehicle rated above 50 is seeing more market activity with price increases (from data based on recent sales) above what the rest of the market is experiencing.

Conversely, a vehicle rated below 50 is seeing lagging market activity and slower price increases (or greater price decreases) than the broader market.
To simplify, vehicles with ratings noticeably above or below 50 represent a deviation from the rest of the market.


Example;


In 2013, a limited-edition 2006 Ford GT Heritage sold for $404k at Monterey —80% more than Hagerty Price Guide's #1 condition values for that vehicle. A Ford GT craze ensued over the next few years, leading to a 45% increase in the number for sale at auctions in North America, as well as a 24% increase in the average sale price. Consequently, 2005-2006 Ford GTs were deemed to be "hot," earning a Hagerty Vehicle Rating of 85 in November of 2015 —performing well above the market.