🎉 New Year, Fresh Classics: 2024’s Must-Watch Car Investments!

Table of Contents

Read time: 2 minutes

Happy New Year to our budding enthusiasts and a festive welcome back to our seasoned classic car aficionados!

As the final pages of 2023 turn, I’m excited to have you all on board for this journey.

Whether you’re a newcomer getting your first taste of our community or a returning member who’s been with us through every twist and turn, your presence is what fuels this passion-driven venture.

As we bid adieu to a year that can only be described as ‘corrective’ in the classic car market, we welcome 2024 with open arms.

In this issue, strap in as we unveil:

📈 Classic Car Sales Data Analysis: Discovering this month’s best and worst performing classic cars

📖 Focus Article: Unlikely Cars That Could Appreciate in 2024

📣 Classic Car News: An update from the industry

🎲 Bold Bets: Bentley Continental GT

Let’s go!

📈 December’s Market Data

5 of the Best, 5 of the Worst

Each month we gather sales data from classic car sellers across the globe.

With every update we’ll give you a snapshot: five of the best performers, and five of the worst.

The aim is to spot trends early, so you can get ahead of the game!

Let’s dive into this month’s data:

5 of the Best

Volvo PV544

📈 1 year: 7.5% 5 year: 1.5% 

The charming and reliable PV544, with its classic design and enduring build, is steadily gaining traction in the collector’s market. Its appreciation in value reflects its status as a beloved classic.

Dodge W Series

 📈 1 year: 26.8% 5 year: 1.1% 

This sturdy workhorse from Dodge is seeing a revival in interest, indicative of the growing appeal of vintage utility vehicles. Its significant yearly climb in value underscores its durability and timeless appeal.

MG B GT

📈 1 year: 8.3% 5 year: 1.2% 

This quintessential British sports car is not just about looks; it’s proving to be a smart investment too. The MG B GT’s rise in value is a testament to its enduring popularity and iconic status.

Porsche 944 S2 Cabrio

📈 1 year: 7.0% 5 year: 1.9% 

The 944 S2 Cabrio, with its blend of performance and style, is increasingly being recognized as a collectible. Its steady growth in the market speaks to Porsche’s lasting appeal.

Aston Martin Rapide S

📈 1 year: 9.8% 5 year: 1.6% 

The Rapide S blends Aston Martin’s signature elegance with practicality, making it a favorite among luxury car enthusiasts. Its gradual increase in value reflects its growing status as a modern classic.

5 of the Worst

Mazda RX-8

📉 1 year: -5.4% 5 year: -1.1% 

Despite its unique rotary engine, the RX-8 is currently facing a decline in the market. This downturn might reflect concerns over its engine reliability and overall maintenance costs.

McLaren 570S

📉 1 year: -5.5% 5 year: -2.4% 

The McLaren 570S, though a marvel in performance, is experiencing depreciation. It seems the market is more cautious about this modern supercar as a long-term investment.

Oldsmobile Hurst/Olds (4th Gen)

📉 1 year: -8.4% 5 year: -0.4% 

This classic muscle car, despite its power and unique styling, is currently not faring well in the investment arena. Its recent decline suggests a cooling interest among collectors.

TVR Chimaera

📉 1 year: -6.6% 5 year: -1.0% 

Known for its raw power and no-frills approach, the Chimaera is struggling to maintain its grip in the market. This decrease could be attributed to the niche appeal of TVR models.

Maserati Bora

📉 1 year: -16.4% 5 year: -3.8% 

The Bora, with its striking design and Italian flair, is currently witnessing a significant downturn. This could reflect the market’s hesitancy towards older, high-maintenance exotic cars.

🎉 WANT MORE DATA? ACCESS NOW! 🎉

Remember, this is just a snapshot of the data. We’ve created The Car Investor Club to provide you with FULL ACCESS to all the data we use for market analysis.

Thousands of cars, and hundreds of thousands of data points. All wrapped up in a convenient, searchable database, and updated every month.

Here’s what we track:

Average sale price

Sale count

Moving average monthly price increase / decrease %

Filter and search the data to find the insights you need and make the most of the data.

Interested? Visit thecarinvestor.club now to register!

📖 Focus: Unlikely Cars That Could Appreciate in 2024

Using our extensive market data, we’ve identified 10 cars that have shown the early signs of appreciation throughout the last 12 months.

In a world where automotive assets fluctuate wildly, these cars have shown a steady climb in value throughout the year, defying the odds and, in some cases, outpacing traditional investments.

Read the full article and discover which 10 cars I’ll be keeping an eye on this coming year.

📣 News: 90 Year Old Still Restoring Classic Cars

To wrap up 2023, Meet Earl Joffer, the unstoppable 90-year-old from South Dakota, whose zest for life is as timeless as the classic cars he restores.

Right now, he’s pouring his heart into a 1931 Ford Model A, a testament to his unwavering dedication to automotive artistry.

With over 300 cars brought back to life under his skilled hands, Joffer’s enthusiasm for car restoration is more than a hobby; it’s a lesson in staying mentally and physically active at any age.

His journey is a vibrant reminder that age is no barrier to passion. And the cherry on top? His legacy drives on through his son Mark, proving that some passions are just in the DNA.

Here’s to Earl, a true classic in every sense of the word!

Read more here

🎲 Bold Bets: Bentley Continental GT

In this section we look at cars that can be considered ‘Bold Bets’ for investment purposes.

This month we’re looking at the potential of the first generation Bentley Continental GT; a car that has reduced in value so much, it can now be picked up for the same price as a family hatchback.

We’re not just talking about a plush ride or a prestigious badge with the Continental GT. We’re talking about a car turning heads today as it did two decades ago. A potential classic? Maybe. A bold bet? Definitely.

Discover whether the Bentley Continental GT is too much of a risk to be considered a potential investment.

Got an idea for a bold bet? Reply to this email with your suggestion. We read them all!

🙏 Happy New Year, and Thanks For Reading!

Thanks for reading! When you signed up for this newsletter, my promise to you was to deliver the latest market data and classic car news act to help you navigate the world of classic car investments.

What did you think of today’s newsletter? Reply to this email and let me know what you’d like to see more of.

Thanks for reading.

Until next time!

Adam

p.s. if you want to recommend The Car Investor newsletter to a friend or sign them up, you can find us here.

ABOUT THE AUTHOR

Adam Chinn writes about the intersecting worlds of classic cars, driving pleasure, and smart investment strategies. Starting his journey at 26, he’s proven that one doesn’t need to be wealthy to begin investing in classic cars.

Adam’s insights have been recognized on platforms such as MoneyInc, Swagger Magazine, and Top Speed.

Click here to learn more >>

Your journey to smarter car investments starts here.

The latest classic car data analysis, news, and expert articles delivered straight to your inbox.

Register now to see the best and worst performers, every month

You can unsubscribe at any time

Scroll to Top

Log In to Your Account