A classic car is an investment in more than just metal and rubber. These vehicles represent a piece of history, culture, or tradition – all things valued highly by collectors today. Some great classic models will be valuable in just a few years, and it’s always fun to have a chance at owning one. Here is our list of top 10 investments for 2021 (in no particular order).
1. Shelby AC Cobra 427
The value of a Shelby AC Cobra will increase significantly in the next few years as there are so few left. This is the first year these classic cars have been eligible for collector plates, and their prices are likely to see a huge jump. The last time you could purchase one on a collector plate was a new car price, and there were fewer than 500 built. There will be even less of them in the collector’s market when 2021 comes around, so investing in this classic makes sense.
2. Jaguar E-Type V12
The Series 1 model is considered one of the most beautiful cars ever made by everyone who laid their eyes on it, and you can still see why today. A Series 1 model will likely cost about £60,000 in 2021 and be a fantastic investment as well as a beautiful car to drive – but the series 2 and 3 models are the ones with excellent growth potential.
3. Triumph Spitfire 1500 Mk1
The Triumph Spitfire 1500 Mk1 was sold as a sports car back in the day, and now it will cost you about £40,000. By 2021 this model should be easily worth at least twice that amount due to its rarity and collectability. These models are even more valuable if they have been kept updated with new drivetrain and suspension systems but still retain their original bodies.
4. Ferrari 250 GT SWB Berlinetta Speciale by Scaglietti
The Ferrari 250GT is among classic Italian cars that were only produced for two years and then in smaller numbers than its predecessors, so it’s a scarce car today. However, the rarity should increase even more as there are fewer in the world when 2021 comes around. The model was first produced in 1957 and had a number of modifications made to it before production ended in 1960, meaning different types will all increase in value at different rates.
5. Shelby Cobra 427 S/C
By the same manufacturer as number 1 on this list, but with only 142 ever produced, it is wise to invest in this model as a classic car that will double its value in just a few years. Newer models are also increasing in value quickly, so finding one where the owner has taken great care of it can be tricky.
6. Aston Martin DB4 GT Zagato
The Aston Martin DB4 GT Zagato was first built in 1961, but production was only ever completed on a small scale, and it wasn’t until two years ago that the model was first eligible for collector plates. The rarer models should be worth more than £1 million by 2021, so investing in one is likely to be a great choice.
7. 1964 Ford Mustang GT350
The original muscle car, now with collector plates and about to increase in value significantly as a classic vehicle, was first built in 1964. This model will cost around £70,000 in 2021 but is likely worth well over double that amount. The rarer models are the ones to invest in, and you can also look for the ones that have been fully restored to their original glory.
8. 2006 Shelby GT 500KR Mustang
Compared to most of the others listed here, these models are still relatively new, but they were only ever built on a small scale, reaching just 5,000 models before production halted. These can now be bought for around £60,000 and will likely have doubled in value by 2021. If you’re lucky enough to spot one in good condition at a reasonable price, then this is one to invest in.
9. Koenigsegg CCX
This Swedish classic supercar has only ever been developed on a limited scale, with only 65 ever made, and it was last produced in 2005. However, due to its excellent performance and unique design, this model is still one of the most famous supercars today, especially since there are so few. If you’re lucky enough to have one, then hold onto it because these will be worth a fortune by 2021.
10. Mercedes Benz SLR McLaren
This sleek-looking supercar is another of the rarer models, with just 372 ever produced. These can now be bought for around £650,000 and will double in value before 2021. If you’re lucky enough to spot one for sale at a reasonable price, then this model is an excellent investment.
Buying a classic car is an investment. When buying a classic car, it is crucial to think about the features you need and your budget. There are many classics available that come with different price tags for any size of the investment.