There was an era during which muscle cars reigned in the American automobile industry. During the 1960s and 70s these loud, two-door, high performance cars burned their rubber on American streets.
Who would not want to own a Ford, Chevy or GMC car, popularized by Steve McQueen in the 1968 American classic, Bullitt? According to a survey released by The Total Car Score, there is an ascending trend in the classic muscle car investment market. 48 years after discontinuing their production, these automobiles are capable of fetching a market value of up to $425,000.
Here are a few of America’s most popular muscle cars:
1969 Chevrolet Camaro ZL1 – The 1969 Chevy Camaro is one of the most powerful muscle cars ever made. A major chunk of the the 69 ZL1s manufactured found popularity in drag racing. The Camaro’s aluminum clad, 4.9 liter V-8 engine and four speed gearbox were all manually installed. This made the the ZL1 a labor intensive product. This Chevy’s powerful engine can accelerate up to 60 mph in 5.3 seconds. The 1969 Chevrolet Camaro ZL1, which had a current market value of $18,000 in 2001, is currently valued at $425,000!
1970 Oldsmobile 442 W-30 – The Oldsmobile may currently appear unpopular, but there was a time when this car thrived in the automobile industry. With its four speed gearbox, 450 cubic inch engine and dual exhaust, the 442 model was a favorite among car enthusiasts. This vehicle can accelerate up to a quarter mile in 14.8 seconds! In all, there are 54 factory released models of this car. The present market value of this classic muscle car is $35,000.
1971 Plymouth Hemi 'Cuda – Records indicate that over the last ten years, the market value of this car has gone from $49,000 to $425,000. This classic muscle car was renowned for its excellent exterior proportions. The 1971 Plymouth Hemi Cuda was released in two versions. The first version had a 7.2 liter engine, which produced 390 horsepower. It’s successor had a 7 liter engine capable of producing 425 horsepower. This model can demand a current market value of $425,000.
What American muscle cars live in your garage? Whatever the engine, manufacturer, or horsepower, make sure to protect your vintage vehicle with our classic car insurance policies. Get a free online muscle car insurance quote today!
About the Author
Drew Yagodnik is Vice President of Classic Automobile Insurance Agency, Inc. Classic Automobile Insurance Agency has been protecting collector, classic and exotics since 1992.