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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Mercedes-Benz SL (R129)
BMW E3
Fox-Body Mustang
Jaguar XK (XK100)
Jeep Cherokee XJ
Lamborghini Countach
Porsche 968
Toyota Supra (A70)
I forgot one:
Land Rover Range Rover L322
Nissan Figaro.
You couldn’t recognize a better all-around Track Car than the C5 Corvette Z06! This car is amazing and very reliable too! So, I would anticipate that the Yellow 2001 Corvette Z06 with Black and Red interior would really start to appreciate in value since it is the first year that Chevrolet revived the venerable Z06 since 1963! This color scheme was the most desired and signifies the Corvette Z06’s real racing heritage!
As I watch auctions and monitor internet sales this year it seems that rarity (low production numbers) and horsepower ruled. They seem to always bring strong results. I don’t see that trend changing too much too soon. The recent heroes will continue to climb like the Challenger Red Eye and the likes, along with all Z06 Corvettes with the later model years beginning to show stronger demand; Ford fans will seek after the Shelby GT500 H and riding on the hems of their garments may be the first of the second series of Shelby’s, the 2006 GT-H, and the 2007 GT-H as true Shelby factory modified cars. Trucks like the Ram Predator and the Ford Shelby Raptor will fare well too. Exotics and imports may do well if they are special high performance issues like the Nismo Z’s and Lexus FSport varieties. There may be a few new players in the picture like newerBMW MSport X – SUV’s, and Retro modified SUV’s like the Bronco, Jimmy, Land Rover, and Land Cruisers. The fifties and sixties coupes that we all love will be slackers in sales unless they are retro rods or really special. So many great cars have been made that in a fading economy something has to suffer loss. The ones that lost in 2023 will most likely continue to slide.
The Mustang II Cobras and King Cobras. A couple of nice examples are on the block at Mecum in January so lets see.
With the rising value/ popularity of the early Broncos, FJ40s, CJs, Binders, Blazers, Cherokees, etc I think the early/mid 90’s Blazers might be next. The last of the full size 2 doors. Definitely not as cool as its earlier versions (independent 4x front end👎 and the high quality factory paint😂) but still cool.
Toyota celica GTS
Absolutely right Mike. I am glad I kept my ’84 GTS and continue to marvel at what a great vehicle it is.
IH Scout I and II, 1970 Dodge Dart Swinger 340, 1976 BMW 2002 (last year of the model)
1999-2006 Honda Insight, manual transmission. First mass marketed hybrid, capable of 70+ mpg. Meticulous attention to weight saving engineering and mechanical details that provide best mpg, ever. Collectors appreciate the quality and significance of this car.
Wagons of any kind. The days of a wagon being nothing but a parts car for a related coupe are gone. The muscle car era wagons are already on the rise, and I believe that the 80’s and 90’s domestic wagons are set to make big gains in the next few years.
2014-2017 Chevrolet SS. They only made 13K of these 4 door performance sedans over the span of four years. Powered by a 415 HP LS2/RWD, these cars are uber rare. Low mileage examples resale for more than they were new.
Ok how about the 3000GT VR4 model, (1991 – 1999) AWD, twin turbo, V6, beautiful car. A very good GT car, was heavy, but very nice to look at. And you’ll get a two for one on this one # 2 – SRT Jeep Grand Cherokee, very fast SUV, room and for the last generation, a 475HP 6.4L V8. And at a great price point, that matched up well with high performance SUVs double its price. And don’t forget the Trackhawk 707HP variant.
How about 65-69 Corvairs. Sharp body style, think C2 Corvette suspension, flat 6 Porsche style engine, parts availability, lightweight auto crosser.
409 cars rising quickly. +33% for a #3 good condition Impala SS Sport Coupe 409 425 to $66k in a year. Add in premiums for 4 speed, matching numbers and 1 and 2 conditions and convertibles and you are well over $100 k in a year’s time. The rarest of them all the ZL1 has one of the 15 left for sale currently for $750,000.
R53 MINI Cooper> especially the 2005-2006 models.