Which cars will be on the 2024 Hagerty Bull Market List?
For seven years running, Hagerty has established its Bull Market List by poring over reams of data—sales results, demographic changes, import statistics, Hagerty Price Guide values, and more—to identify a group vehicles we think will appreciate in the near term. This isn’t investment advice per se—rather, our goal is to point out that with some due diligence and a smidge of luck, you can experience the joys of the collector car hobby and maybe get your money back or turn a little profit when it’s time to sell.
But what if we turned the selection process over to you? Taking into account your personal experiences, observations, and insights—perhaps shaped by what you’ve read from our team covering the collector car market over at Hagerty Insider—what cars do you think are primed to become the next hit among collectors? What will soon rise in value more than the rest of the market? (For the record, I am a remote worker here at Hagerty and I do not know who will make the list.)
Maybe a C6 Z06 Corvette? The second-generation Pontiac Firebird? The FD Mazda RX-7? How about a supercharged Mercedes-Benz E55 AMG?
Or perhaps a rags-to-riches story involving one of the most maligned vehicles in North American history should make the list?
Okay, maybe it’s tougher to imagine the Yugo rising to such heights. But everyone here at Hagerty Media is curious to know what you think will be on the 2024 Bull Market List. Tell us in the comments!
(Have a look at previous Bull Market Lists here: 2023, 2022, 2021, 2020, 2019, 2018.)
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80’s Shelby products produced by Chrysler, especially the GLHS.
Late 80’s thru early 90’s IROC Camaros
MB R129 SL500 Will Rebound After a Disappointing 2023
Yes, all decent examples of R129s are inevitably headed upward. It’s not if, but when, and how fast. The SL has always been a flagship model for a flagship brand.
Mercedes R129 series.
They have been gaining in value, in part because of the increase in the R107 values, but mainly because unlike the 107, they offer a modern driving experience.
At current prices, they are a 150 mph supercar for the masses.
Second generation (1999-2004) Miatas, first generation Audi TTs with the 225 hp turbo and manual trans
Agreed on Miata NBs. I discovered them recently — what an amazing car! Reminds me of all the good things I remember about collecting the 1st gen Ford Mustangs, years ago. Cheap to find – plenty around – all kinds of parts available – simple – reliable – go fast, keep it original, drop a V8 in it, whatever!
I certainly agree with the Miata
Agree also. Original owner 2004 MX5 Mazdaspeed.
All original. Hope the market on these will keep going!
Classic two-door Saab 900’s both 8-valve engines and 16-valve turbos up to the 1993 model year when they were replaced by what became the Saab-3. Very solid and very rust-resistant bodies and frames that are relatively easy to restore and maintain. Unlike the replacement 9-3, the 900’s were built with an eye toward ease-of-maintenance, probably a hold-over ethic of the company’s aircraft heritage which favored on-the-airfield repairs.
I drove a 1990 SAAB SPG for 20 years. Super solid body as you pointed out, and very aerodynamic. I had a chance to test drive a 9-3 Viggen and walked away because the classic 900 SPG was just a better car.
I believe the SAAB 900 was already on the list a few years ago. The most important factoid here is that this is the last car body 100% designed by SAAB. The rest are GM influenced mutants.
My last Classic Saab 900 8-vlave was a 1988 model which I drove for over 203000+K miles and it survived manual trans training of my two oldest sons and their college commutes. Finally, gave it to my long-time Saab mechanic in late 2010 when the clutch hydraulic went bad, though I wanted to keep it, but he really needed a safe car for his youngest son, and he could maintain it forever.
I think it’s time for the limelight to shine on the 1988-1989 Toyota MR2 Suoercharged models.
For $20k when new, you got a fast , nimble little go kart feeling car that had the kick of a quick start supercharger.
Toyota build quality and reliability would trump any other comparable vehicle during this time.
Still a great ride to this day.
Yes I’m biased but I have one of these and there is nothing else like it.
Domestic: 1. mid 60s- early 70s Jeepster Commandos, reflecting the continuing trend towards any vintage sport trucks; 2. Any later model, loaded muscle car, such as 67-70 Cougars, 71-74 Chargers, 70-72 Cutlass 442s, etc., reflecting the desire by collectors to have a more comfortable ride as the demographic ages.
Euro Import: 1. 80s Audi Quattro, perhaps “Safari” modded versions – reflecting the continuing popularity of the whole 80s-90s Group B Rally Cars genre worldwide; 2. First-gen Mercedes C-Class AMGs (95-00 C36, C43, & C55), as more folks discover the true value of the hand-built AMG crafted, relatively rare, pre-Chrysler Merger AMG era, over-engineered, Bruno Sacco designed masterpieces.
Japanese Import: Any 80s-90s Toyotas and Hondas with low-miles, in original condition, will follow the leading models (NSX, Turbo Supra), into desirability, as younger enthusiasts who grew up riding around in these cars start to yearn for cars of their youth, and realize how few are left.
Downward trend for 2024: Any “barn find”, major project, run of the mill vehicle, as folks realize how little time, space, money, & patience they have for such huge undertakings. “Ready to ride” Driver quality cars will continue to appreciate at a higher trajectory than the #4 & #5 level ones.
1966, ’67 first gen dodge chargers. Not many mfg-ed, striking styling. Much gooooo!!
I spend my time writing and then they just tell me I am posting to quickly- that’s BS. They just don’t want to hear what the average guy has to say. They seem still stuck on their expensive exotic cars that very few can afford. I am not going to spend my time rewriting my comments since they also deleted it while I was waiting for whatever time period they think is appropriate and not too quick. If I sound ticked it’s because I am. Not the first time and I’m not the only one to complain.
Triumph TR8
1976-1979 Ferrari 308 GTB
4 Weber carbs. Gated shifter. Less than 3,000 made.
Iconic styling and glorious sound with spirited driving, and yet still somehow only mid five figures.
The Yugo has got to be the WORST car ever made, you couldn’t give me one, any Model T has it beat ten to one, any Model A … a hundred to one. I bought a ’46 Dodge pickup out of a junkyard in ’61, that beat any Yugo easily, God help us all ~
I was at a huge car show this past summer and guess which car pretty much had crowds around it? The freakin piece of crap Yugo! I suspect it was more as a curiosity, and people were careful not to breath on it lest it collapse, but seriously, when car enthusiasts crowd around and show so much interest in a car, maybe it qualifies as a “classic” of sorts. (OK we know it qualifies as s**t on wheels for sure, but just saying…).
It’s a classic by age alone. Attrition over time makes it interesting to look at for enthusiasts.
Seriously Sajeev? “By age alone” makes a Yugo a classic car. Huh?
Put it this way: I’ve dealt with people in the past turning up their noses at my undesirable non-Mustang Fords, and made a conscious decision to never treat someone the way I was treated. If you got an old car and think it’s a classic, I am here for it.
Look at the BaT plot chart for the 1997-2006 Jaguar XK8. Appreciation is slow but steady. Generally regarded as the successor to the XKE and a vast improvement mechanically and visually over the XKS, these cars have a loyal following. The $75K new prices are now hitting the bottom of the depreciation curve and rebounding. The “Ford Years” offered an improvement in quality control and customer satisfaction.
Porsche 944 Turbo. Especially 88 and up Turbo S. The 911 is getting out of reach for most so other models are becoming desirable.
It won’t be the Yugo they show in the last picture. Unless you count going from $10 to $20 doubling in value!
But that’s a huge improvement! 😉
In the photo is the holy grail of Harleys, the Knucklehead. They are the one to buy. Everyone has the story of vehicles they didn’t buy. I had a chance to buy a 37 EL about 5 years ago in running un-restored condition probably could have gotten it for $23k. Today its worth double that. Yes I’m still kicking myself. These are hot and no where to go but up in value, and they are so cool just to look at, would probably have it in my living room.
I love the 1990 Chevrolet Silverado 454SS or the 1991 GMC either the Cyclone or the Typhoon. On the other hand, another great car is the BMW either E30 or E36, the 1992 325is is lovely.
George, I have a 1990 454SS with less than 3200 original miles I’ll sell ya. AC still blows cold, too. Really cool looking trucks with a pickup full of torque.