Forget the market – you should have invested in these vintage cars for maximum returns

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Like fishing, in investing there is always the story of the one who escaped. Those who, like so many of us, have seen their portfolios flounder over the past year are unlikely to take solace in knowing that a surprising number of classic car investments beat the market – and conveniently did so – in 2022.

The Standard & Poor’s 500 index may have fallen 19.4% last year, but statisticians at the collector car website Classic.com have identified a sizable list of sought-after new entrants that have risen in value by as much as 88% over of the same period, based on auction data. While these include some of the usual sports car suspects from the likes of Ferrari, Lamborghini, and Porsche, the list also includes plenty of affordable and appreciative pickup trucks and SUVs for those looking to get some skin in the game without breaking the bank.

One of the most notable vintage rides to shoot up in value is the 1992 and 1993 model year GMC Typhoon. It borrowed the well-known muscle car formula of the 1960s and 1970s and mounted a 4.3-liter V6 turbo engine with 280 horsepower in a mid-size two-door Jimmy SUV. It accelerated like no other people mover of its time, reaching a speed of 100 km/h in just over five seconds. Valued at $21,262 last January, it was estimated to be worth an average of $33,734 by the end of the year, representing a healthy 59% increase in value.

The Typhoon’s pickup equivalent, the 1991 and 1992 GMC Syclone, is also on the list and has seen a 30% increase over the past year, increasing its value from $32,580 to $42,377.

This one of a certain age may remember the two-door, two-seat Buick Reatta luxury coupe and convertible that debuted for the 1988 model year. Built in its own “craft center” in Lansing, MI, it is notable for being the first mass-produced vehicle to uses a touchscreen display, and it remains an affordable newcomer. Classic.com says 1998-1991 Reattas sell for $10,903 on average, representing a 30% increase in value over the previous 12 months.

The most popular 2022 vintage rides also include an all-electric vehicle, the original Tesla Roadster, which was based on the Lotus Elise and produced between 2008 and 2012. A 375-volt electric motor produced the equivalent of 248 horsepower with up to a 244-mile range, which was unheard of at the time. The vintage value increased 26% last year from $86,950 to $109,050.

The most affordable and in many ways unlikely example on the list of rapidly appreciating classic cars is Maserati’s formidable Chrysler TC sold from 1989-1991. Built in collaboration between the two automakers on both continents, it was essentially a two-door Chrysler coupe with a removable hardtop that proved too expensive to be profitable, especially given its low sales volume. A premium copy is worth $7,482, representing a 26% increase in value over the past year.

The biggest win last year was the already pricey 2004-2006 Porsche Carrera GT, which increased in value by a whopping $483,680 to break the seven-digit mark of $1,375,561.

But perhaps the biggest eccentric among Classic.com’s biggest winners list is the infamous Amphicar at 40e Place. This was a small German-built car that debuted in 1961 and doubled as a personal watercraft. You could just drive into a body of water and keep going, thanks to twin outboard propellers. During his presidency, Lyndon B. Johnson kept one on his ranch in Texas, and as the story goes, he loved to scare visitors by taking them for a ride in the Amphicar and pretending to be the lost control of the vehicle, suddenly steering off (or so the passenger thought) into a lake on the property.

We’re counting down the 40 collectible cars that Classic.com identifies will increase in value the most in 2022, taking into account growth rate and both initial and final values. The full list of 100 big gainers can be found here.

As with stock picking, those who do due diligence, can predict future trends and/or are just plain lucky can find real gems across generations of models, many of which may have since succumbed to depreciation and been relegated to the scrap heap. . It can be assumed that highly sought after older vehicles that have been well preserved or carefully restored will bring in the most money at a private sale or classic car auction, with low mileage models, limited production variants and vehicles with a unique provenance likely to bring in the highest returns .

Best vintage car investments for 2022

  1. Land Rover Defender 110 hard top, 1990-2016: +88% ($32,825-$61,791)
  2. Maybach 57, 2003-2012: +78% ($54,093-$96,093)
  3. Mercedes Benz E350, 2006-2009: +61% ($9,789-$15,723)
  4. gmc typhoon, 1992-1993: +59% ($21,261-$33,734)
  5. Toyota 4Runner, 2003-2009: +56% ($11,453-$17,918)
  6. Porsche Carrera GT, 2004-2006; +54% ($891,881-$1,375,561)
  7. Lamborghini Countach 25e anniversary edition, 1989-1991: +51% ($292,612-$442,061)
  8. BMW M6 Convertible, 2007-2010: +49% ($27,362-$40,736)
  9. Mitsubishi 3000GT VR-4, 1997-1999: +49% ($27,392-$40,736)
  10. toyota landcruiser, 2008-2021: +48% ($26,802-$39,834)
  11. Honda 2000, 2007-2009: +48% ($52,581-$77,795)
  12. Land Rover Series II, 1958-1961: +48% ($21,988-$32,485)
  13. Cadillac CTS-V Coupe, 2011-2015: +47% ($28,154-$41,469)
  14. Acura Integra Type R, 1997-2001: +39% ($31,833-$44,101)
  15. Porsche Cayenne S, 2003-2006: +38% ($12,710-$17,491)
  16. Ferrari 512, 1991-1996: +37% ($175,367-$239,610)
  17. Porsche 911 GT2, 2001-2004: +37% ($138,881-$189,045)
  18. Cadillac Eldorado, 1992-2002: +37% ($6,337-$8,653)
  19. Land Rover 90 car, 1984-1990: +35% ($30,179-$40,765)
  20. Porsche 911 Carrera 2 Targa, 1990-1994: +34% ($59,542-$79,795)
  21. Mercedes Benz S600, 2001-2006: +34% ($12,293-$16,429)
  22. Mercedes Benz 300SD, 1980-1985: +34% ($12,293-$16,429)
  23. Ferrari F40, 1987-1992: +33% ($1,662,171-$1,213,759)
  24. BMW 528e, 1983-1988: +33% ($9,022-$11,972)
  25. Volkswagen GTI, 2013-2020: +31% ($20,411-$26,824)
  26. Buick Reatta, 1988-1991: +30% ($8,363-$10,903)
  27. gmc syclone, 1991-1992: +30% ($32,850-$42,377)
  28. Porsche 911 Turbo, 1993-1994: +30% ($238,461-$310,043)
  29. Lexis SC430, 2001-2010: +30% ($17,096-$22,147)
  30. Chevy Corvette C2, 1963: +29% ($134,527-$173,845)
  31. Ferrari 360 Modena, 1999-2004: +29% ($92,898-$119,874)
  32. BMW M5, 2007-2010: +28% ($30,734-$39,339)
  33. Nissan 300ZX, 1984-1989: +28% ($9,721-$12,422)
  34. Shelby Cobra 427: +26% ($178,115-$225,250)
  35. Mercedes Benz AMG G63: +26% ($96,505-$121,869)
  36. Renault Clio Williams, 1993-1997: ($24,758 – $31,197)
  37. Volvo S60R, 2004-2007: ($9,834 – $11,823)
  38. tesla roadster, 2008-2012: ($86,590 – $109,052)
  39. Chrysler TC from Maserati, 1989-1991: ($5,951 – $7,482)
  40. Amphikar: +26% ($66,055-$82,905)

Source: Classic.com

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