Which Classics Will Be on the 2025 Hagerty Bull Market List?
When it comes to Hagerty’s Bull Market List, our annual selection of vehicles most likely to appreciate in the near future, we set aside feelings and choose based on fact. Indeed, many of us here at Hagerty love sifting through spreadsheets to uncover a few choice candidates. Imagine yourself sitting with us in the dim light of all those computer screens. Which cars would you expect the data to favor?
I expect our Bull Market picks would be pretty close to those of the Hagerty Community. You can read some of your picks when we asked the same question last year, but we really want to know what classic, antique, or special interest vehicles you think are primed to make a splash in the market for 2025?
Here’s my choice:
For the record, I already know our Bull Market 2025 winners. And sadly, the 1990–95 Corvette ZR-1 is absolutely not on this list. I am choosing this car for our little thought experiment for a few reasons:
- I want the ZR-1 to appreciate in value and become the classic American icon it so deserves to be. All the “math homework” Hagerty could give me will never change my opinion on this matter.
- They seem to be slowly, gently appreciating in certain colors, model years, and conditions.
- One shockingly clean example wound up at a local you-pull-you-pay junkyard to me this year. Owned by LKQ, the corporate mothership quickly realized the local yard’s mistake, yanked it from inventory, and likely sold the parts off that goldmine elsewhere in their empire.
None of these reasons are valid, and my colleagues would laugh me out of a conference room/Zoom call for proposing that the C4 Corvette ZR-1 join the Hagerty Bull Market for 2025. But this isn’t a company meeting. This is my fireside chat with the Hagerty Community: I shall propose whatever I like, for whatever reasons I choose!
And so should you. The ball is now in your court, folks. Please tell me, esteemed members of the Hagerty Community, what you’d like to see on the Hagerty Bull Market for 2025. Maybe tell us why, as well; your stories are always insightful and enlightening.
Well knowing what I know on the ZR1 and people that even own then it will continue to remain stagnate.
The ZR1 is an exciting car but it was star crossed from birth.
It made a jump in performance but the trouble is the LT4 and the coming LS eclipses its power. GM even delayed the LT4 to not insult the ZR buyers that paid nearly twice the price for their car.
The next issue is there is just too many of them. They are not as rare as people thing. Many were bought and parked. They still sit with low miles and hidden away hoping they can make money on a car worth much less than it was new.
Then there is the parts issues. Since many parts were discontinued you are not going to go to the Chevy dealer and find them. When you do find them you will pay a vey dear price.
Then the C5 Z06 cam with the same 405 HP in a much better chassis and lighter chassie. These are the pick to continue to appreciater. Same for the much over looked C6 GS. These are two of the best Corvettes ever built.
They are more performance focused with just the right amount of power. These cars can be driven to their limits much easier vs the over powered Z06 and later ZR1. The Corvette team said the best track car they ever did was the C6 GS.
The early ZR1 here is an interesting car and a good car to add to a collection if you collect Corvettes. These are the buyers I see and they get them cheap. Much like the 928 an interesting car but expensive to fix and just overshadowed by the Air Cooled cars.
Think of the ZR1 as like the 1978 Pace Car. It too was expected to be a instant collectable. Many bought them and parked them. You can still buy a new one today. But they never got the prices they expected. A decent price but not the big prices they were predicted to bring. Why Too many were made and parked.
Generally to make a instant collectable you need very low numbers like less than 500, Youi also need big demand. Many monster collectables come out of no where and you can’t plan on them.
The Corvette to really buy if you can is any Lingenfelter twin turbo C5 and Look for the C6RS Pratt and Miller Street car. 7 were made and they were dipping below $80K. They will for sure increase with low numbers. The C6R body on a street car and a 8.2 Katech built engine in it. It may not be this year but for sure it will be a Shelby like car built by the Corvette Race team.
Till then the Z06 C5 is growing fast if in unmodified condition in good shape. It is already $5K-$12 more than the roadsters. It is increasing every year. They were few in number and many got used up.
Thank you.
Certainly a lot more than were there! What typos are you talking about?
Sorry, I thought you were referring to the original article. Looking back I see you’re talking about one of the comments. Never mind…
Chassie is the sleep in the corner of the eye.
Couldn’t disagree more with pretty much every “ opinion “ in this article. C4 zr1 suffers from being only car ever made where so many owners knew how special the car was and parked them brand new . Now as far as collectable cars go they suffer from more supply than demand but are steadily increasing as they should . The other corvette’s mentioned , as more
Desirable are ridiculous . especially The stuff with tuner modifications. I will Take a clean low mile all stock Chevrolet 4 cam zr1 any day over those !!
FYI on the web and even on this site there has been a push on the 928 and ZR1 by auction houses. Beware there are a number of owners of these cars that have been sitting on and they want to move them at the auctions,. .
I at times feel this is false promotion to bring them to auction to try to make a buck. But demand is just not there vs the volume sitting around. .
Watch these auction houses as they try to promote and generate interest in cars that are just now showing value and people want to move.
Well, I saw one in your picture, but I would have said it any way, Countach! Especially the early ones, Periscpa, LP 400S and 5000. Very low production numbers and better styling than anniversary edition. 40 years later it is still the ultimate exotic. And they r manual rather than the stupid autos made for celebrities who don’t know how to drive. Sky is the limit on prices. I bought my LP 400 S 10 years ago when they where affordable and I will never sell it at ANY price as I could never find another one!
As much as I tried to think of something I’d seen lately that I thought was relatively inexpensive from any manufacturer I’ve got to go with my first gut instinct. You did say this is a fireside chat or bull session right? Pantera. Trite maybe but still. A gorgeous Italian shape with a go to my ‘ Fix Your Ford ‘ book Cleveland. I’d buy one of the earlier non GT-5 / GTS-5 versions without the ( sorry LamboEd ) later Countach bric-a brac. They’ve been undervalued for so long and still seem to be to me. ‘Modified’ versions, which many are, go for less but as long as that means bolt ons not surgery fine by me. Prices may not suddenly jump up overnight but they probably will continue to rise steadily.
I think to a certain extent, your list puts a car on the list, for those who follow.
I’m thinking that Supras that look like the one in The Firm, 240z’s and all 90’s JDM are next on the price rocket list.
I’ll look at the list in amusement but the list has been more funny to read than anything else. I don’t typically own anything on the list.
Alfa Spiders, specifically Series 3 (1982-1984) are appreciating in the market, and set to pop, imo. The series 1 (Dustin Hoffman boat tail in the graduate) are becoming a reach at $30-60k depending. The series 2 cars (kamtail) are favored over the series 3 cars due to the polarizing rear spoiler added, and the series 4 cars (back to kamtail without a spoiler) out price the seties 3 cars. As an “80’s kid”, I was all about the series 3 cars with the spoiler, and bought mine 2 years ago, since the whale tail Porsche would’ve required doubling the budget AND adding a zero, lol! Another primary reason for my acquisition of a series 3 specimen over a series 2 car is they went from carburetors to Bosch L-jetronic fuel injection. While I love working on my car, fiddling with a carb is not something myself or many others of my generation wish to deal with. So, in summary, I’m predicting in the coming years the series 3 cars will out pace the series 2 cars in appreciation, and I’d also predict they become more desirable and costly.
I hope the Honda S2000 makes a come back because I have one in winter storage in my garage. The fall
asking prices in the fall were holding up and I would be pleased to get what I paid for mine in 2018. Regardless it’s a fun summer car for back road bashing and I will keep it until I can’t get in or out of it being 82 now. Merry Christmas everybody.
I agree that the S2000 should appreciate at an above average rate – especially stock ones. So much pleasure to drive such a responsive analog performance car!
Within the last 10 tears, it’s about doubled in price, but as an entry level Ferrari, I love the Testarossa. I think there’s room for it to double again to about $350k
Gotta agree with you. Yes are one of the biggest bargains out there.
The Testarossa was our pick for the 2021 Bull Market:
https://www.hagerty.com/media/magazine-features/bull-market-2021/
2003/2004 Mustang Mach 1. Made in low production numbers, Cobra Terminator engine, 32 Valve, DOHC, the last Mach 1 to sport the Shaker hood scoop. 2004 were the 40th anniversary models. They are just starting to creep up in value on the cleanest, low mileage examples.
I’d agree except for the old body that was about 10 when the Mach One was introduced. The circa 2000 facelift didn’t help
I think maybe 2025 is the year for the 89 PontiacTTAs to finally get their due. An incredible car born from a bastardized experiment between two GM divisions. Never quite at home in the Poncho world nor Buick land. For decades it has lived in the shadows of the GNX which I believe was primarily due to numbers produced (547 vs 1555). We are starting to see high five figures for pristine examples but none reaching $100k yet. Only time will tell.
I bought one with 200 miles on it in 1995, sold in 1996 with 461 miles on it. Price in the 20’s. Prices have been fairly flat since then, until recently.
I’m voting for the BMW E34 M5. The best of the S38 cars and one of the best looking BMWs ever. They’ve been persistently undervalued but seem to be desirable to the buyers who grew up in the 80’s and 90’s.
I’m voting for the Volvo 1800ES. It has great looks and was produced for only 2 years in low numbers.
Having owned a 2010 Jaguar XKR, I would think it was an under-rated sports/tourer. Being offered as a supercharged 5.0L, it was no slouch with 510 HP. The rarity of the model also drew lots of attention. It may not draw the same appreciation in value as may other vehicles but is is an affordable collectable. It can keep up with many of the cars you mention, while driving to your destination without getting rattled in the process. I regret having sold mine to the new lucky owner.