Car enthusiasts have always had a thing for classic cars because of their historical interests as well as their collectible value that is worth preserving or restoring. Over time, car manufacturers have created great vehicles that have withstood the test of time. Some of these cars gain enormous value with time whereas others are completely forgotten because of various reasons.
Therefore, the problem of purchasing a classic car lies in forecasting whether its value will increase or decrease. In this article, you will find 5 classics that you should consider investing in.
Top 5 Best Classic Cars Investments in 2021
1. Renault 5 GT Turbo
The GT Turbo hot hatch was introduced in 1985 by Renault and featured a 1.4 litre modified Cleon engine. Its engine features a Garrett T2 turbocharger that is air-cooled which allows it to produce 113bhp. With its weight of 1874lb, this classic goes from 0 to 60mph in 7.5 seconds.
The GT Turbo has blocky side skirts made of plastic, an oil cooler, faster steering, and lowered suspensions. In 2021, the average price of the GT Turbo rose by 39%. Several insurance companies forecast that its value will keep rising in 2021.
2. Porsche 944 Series 2
The Porsche 944 was designed on the same platform as the 924 GTP and it boasts the same tech features that are equipped on the racing version. The Series 2 was introduced to the market in 1989 with a 3-litre 16-valve V8 engine that is naturally aspirated. At its time, it was the largest 4-cylinder production which had a powerful 208bhp output.
This classic comes with an optional sport-touring package, dual airbags, limited-slip differential, and ABS. The cabriolet model was introduced in late 1989 making it the first Porsche 944 to have a convertible style. After its first price growth in 2016, the price of the Series 2 has been steadily increasing. Many people are in a position to pay over the odds which means that the value and demand of this model are bound to surge during 2021.
3. Ferrari Testarossa
This mid-engine model was designed to replace the Ferrari Berlinetta and due to demand, it became Ferrari’s most-produced model. It is large enough to increase storage space, headroom, and prevent cabin heat from increasing.
The Ferrari Testarossa’s engine is a 180-degree flat-12 engine that is longitudinally mounted and produces 385bhp at 6300bhp. It produces a maximum torque of 360lb at 4500rpms. It is widely regarded as one of the memorable classics of the 19280s. Interestingly, it featured 9 times in 5 years on Road&Track magazine’s cover. Regardless of its cyclical valuation, it still is a worthy investment.
4. Toyota MR2 Mk3
Toyota decided to revert to the basic lightweight formula of the MK1 for the MR2 MK3 version. It was marketed in the US as the MR2 Spyder and had no air-con or standard hardtop roof. It is equipped with a 1.8-litre 16-valve all-aluminium normally aspirated engine which generates a 140bhp output and a maximum torque of 127lb-ft.
The MR2 was criticized for not having luggage space but on the other hand, it had stunning sports car aesthetics and excellent handling. Irrespective of its beautiful qualities, Toyota is not a big brand in the classics market. Thus, it is undervalued exceptionally which makes it a good bargain.
5. MGB GT
The MGB is one of the most popular classic cars in the UK for a reason – it is widely available, has reliable specialist support and parts, and they are good fun to drive if you are not too demanding an owner. More so, its B-series engine does sound good when it’s rasping through its exhaust system.
The interior of the MGB GT is solid and basic with every component functioning properly. Although they come at low prices, the price is not their main appeal. You also get the extra benefit of BL’s interior garish colour palette. Some classic cars retain their value over time, and the MGB GT is certainly one of them. This is a classic car you should consider investing in. If you’re looking for an MGB GT for sale, visit Dyler.com and check out their offers.