Which generation are you a part of? Which one do you identify with? This could have a lot to do with what kind of classic and collector car enthusiast you aspire to. For instance, cars built in the 80’s and 90’s are rising in popularity with collectors, especially GenXers and Millennials. Just like those in the 1980’a who were mad for muscle cars, those of Generation X and the Millennial group are seeking cars that they couldn’t afford in their youth. They enter the collector market with a love for using their finds as day drivers. Now that they are financially stable (it’s all relative), Gen-X and Millennial collectors are buying vehicles from the 80’s and 90’s, which is causing a rise in their value.
Popular 80’s and 90’s Finds
Analysts are looking what’s trending in auto insurance quotes to identify cars that are popular with enthusiasts. In 2018, the top 14 quoted vehicles of the 1980’s are the Chevrolet Corvette, Ford Mustang, Chevrolet Camaro, Chevrolet C10 series, Chevrolet Monte Carlo, Pontiac Firebird and Mercedes-Benz 560SL. The Mustang, Corvette and Camaro also make the top 14 list for 1990’s models, followed by the Chevrolet C1500 series, Mazda Miata, Porsche 911 and Ford F-150.
Affordable Models to Watch
These vehicles are not only affordable, they are stable in value and won’t depreciate – good condition prices are between $5,000 and $10,000 – which makes them a very reasonable investment.
1975-91 Jaguar XJ-S – Primed for a renaissance after once being considered a heavy, less elegant successor to the legendary E-Type, this vehicle presents one of the few ways to get into a V-12 for under $10,000.
1976-86 Jeep Wrangler CJ-7 – This classic round-headlight vehicle can be found for around $8,000 in good condition, which is a few thousand less than the CJ-5 that sold alongside it for many years. Prices can vary widely, however, due to customizations done by owners.
1985-92 Mazda RX7 – With agile and responsive handling that is hard to come by in its price point, the second generation of the Mazda RX7 gained more power, a sophisticated multi-link rear suspension and handsome looks reminiscent of the Porsche 924/944.
1983-92 Volkswagen GTI – This compact car with surprising power and handling was the quintessential hot hatch in the United States. Values for cars in good condition run around $4,000 and have been rising over the past five years, due mainly to the historical significance and fun-to-drive qualities of this compact car.
Know the Investment Value of Your Ride
No matter what collector or classic vehicle you love, experts say it’s important to stay up-to-date on the value of your collectible as years go by. Check the value of your vehicle on a yearly basis to make sure you have sufficient insurance coverage. Even that Ford Fiero you picked up 10 years ago on a whim may now be worth more than you think!
Collector and Classic Car Insurance for Less
Protect your 80’s and 90’s cars or any collectible or classic vehicle with Classic Auto Insurance, which protects your valuable investment for years to come. We offer affordable, Agreed Value coverage for a variety of collector, classic and custom vehicles. Our friendly, knowledgeable staff can answer your questions and give you a quote on the spot. Call 888-901-1338 or get an instant quote online and see how we can help safeguard your dream car.