When Will There Be A Bull Market For Crappy Cars?: COTD

Every year, classic car websites love to talk about the winners and losers of value, and what might be a winner in the future. Hagerty has released its latest list of 11 cars that will probably be worth more someday. The list is entirely unsurprising and has cars that have already been appreciating.

V10omous knows how we all feel when we read these lists:

What do you think is the most undervalued collector car right now?

I think everything I own is undervalued, and everything I don’t yet own is overvalued.

Banana Stand Money jokingly points out the ridiculousness of a Carrera GT being on the list:

Awesome, I was really on the fence about purchasing a Carrera GT, but now that Hagerty is bullish on the value, I’m definitely going to pick up one – or two..

Buzz:

I don’t think I’m breaking any new ground with this statement, but cars as speculative assets is a bummer. It feels increasingly like everything needs to be monetized, and if you aren’t 100x-ing your investment you are a sucker. Bet now on who will win this faceoff. Buy the memecoin and sell before it crashes. Hoard 30-year-old Volkswagens. It is exhausting.

That being said, I think 20-year-old, broken Scion xBs are seriously undervalued. Act now before the market catches on.

Frank Wrench:

This list is obviously bogus as it does not include the Nissan Murano CrossCabriolet.

I wrote about my insane idea to bring convertibles back by making a crossover-size Chrysler Sebring. KennyB:

I’m sure I’ll get all sorts of flak about it, but the Sebring convertible was one of the best cars at its job that I’ve ever owned. It sat four comfortably, had a giant trunk, and the top went down with ease. It had good road manners, and though the 2.7 v6 is known for problems, I found it to be plenty powerful and responsive. If I didn’t have a ’92 LeBaron for sentimental reasons, I would swap it for an ’01-’06 Sebring in a heartbeat.

Finally, Jason wrote a humorous Cold Start about the Toyota Sports 800. Peter Andruskiewicz:

… if you lifted the roof off, infinite headroom, at least when the sun or moon wasn’t directly overhead, which would limit the headroom to 93 million miles and 238,900 miles, respectively.

Makes me think someone reads XKCD:

https://xkcd.com/3174/

Have a great evening, everyone!

Top graphic image: VW