Read a guide on the 10 most expensive cars in the UAE because an antique car might be a great financial investment. A well-maintained historic car can increase in value over time, just like real estate, jewelry, or works of art. But new and used modern cars lose in value and typically depreciate dramatically by year 3!
Many fans of vintage automobiles hope to find a good deal on a collectible model, drive it for a few years, and then resell it for a profit. Although not all classic automobile appraisals will increase in value over time, even those that do will usually hold their value much better than their contemporary equivalents.
You will gain from having a classic car if it has a unique personality, style, and driving experience. Many models are even qualified for the government's vintage automobile tax exemption, which was created to encourage the continued use of recognizable older vehicles. Of course, it's an added bonus if you succeed in turning a profit along the road!
Which Vintage Automobiles Can Provide The Best Return On Investment?
Which models are therefore deserving of your attention if you're looking to buy a fashionable classic but also want to safeguard your investment and sell your car at a high price in the future?
We've compiled a list of 10 standout old cars that may appreciate in value over the next few years to help you focus your search.
(1996–1998) Mitsubishi Lancer!
Even though it's a little newer than most of the vehicles on our list, the Lancer Evolution IV is already on its way to becoming rare due to its very short production run.
Mitsubishi sought to degrade its competitors with the Evolution series, and it was somewhat successful in doing so. It was successful for Mitsubishi's engineers to generate new ideas using track data and to improve performance by continually updating equipment. When brand-new, the Lancer Evolution IV boasts 36.0kg-m of torque.
The Lancer's body is strong and stiff, with the bones of a road-going sports vehicle below and an exterior that resembles a rally car. Older variants like the IV were becoming more in demand when the Lancer Evolution's production ended entirely in 2016. This implies that if you want to receive the best price for your car when you eventually decide to sell, now is a fantastic time to purchase an Evolution IV.
1978–1980 Saab 99 Turbo!
Word of the wonders of turbocharging spread when the 99 Turbo joined the Saab family. Prior to Saab, BMW and Porsche had tried forced induction, but it was the Swedish automaker who really popularized it.
The 99's teardrop design was clearly avant-garde at the time and still draws attention today. The seatbelt assembly and wraparound windscreen of the 99 reinforced the idea that it set new norms for crash safety. Saab maintains a devoted following despite the fact that it no longer produces new cars, and vintage versions like the 99 Turbo are highly prized by enthusiasts.
1962–1980 Triumph Spitfire!
When it first debuted in the 1960s, this roadster swept all over the world. It is still a very appealing classic automobile today. They're still available in 2023, so you should be able to expand your collection without going over budget.
Furthermore, Spitfire parts are accessible, much like those for the Ford Fiesta. Therefore, if you're searching for your next DIY project, restoring a vintage Spitfire could be a fun challenge and possibly help you turn a nice profit.
The Spitfire's compact cabin, wind-up windows, and elaborate instrument panel make it simple to understand why it is so appealing. Better suspension was added to models in the 1970s to enhance road handling. Driving a Spitfire will reveal its age through the noises it makes, whether these are produced by the road itself or by the mechanical parts of the car. This, however, contributes significantly to the appeal of many classic car fans.
Diablo from Lamborghini (1990–2001)!
When compared to some of its former rivals, this gorgeous supercar may be yours for a far lower price (the Jaguar XJ220 and Porsche 959, for example, attract much higher costs).
There is no lack of curb appeal for the Diablo. Everywhere it goes, the scissor doors, pop-up headlights, and gold cam covers are sure to draw attention. This is a loud car, and fellow petrolheads will undoubtedly be able to hear the sound of the engine revving. However, the brake pedal is reassuringly strong and the clutch is surprisingly controllable.
The Diablo from Lamborghini is a prime illustration of why so many people adore 90s sports cars. It provides the ideal fusion of luxury, performance, and usability in addition to outstanding value for a car in this market.
Citroen BX (1982–1994)!
This car's geometric design is based on a platform shared with more traditional cars like the Peugeot 405, and it even has an engine made by Peugeot. But make no mistake, this is fundamentally a genuine Citroen.
In contrast to the GS, the BX is less prone to corrosion, and both the petrol and diesel versions of the engine lineup are durable. As a result, decades after they were constructed, BXs are still employed as workhorses on the roadways. They have a lot of personality and are just as simple to drive as a modern car.
MR2 MK1 Toyota (1984–1989)!
The Toyota MR2 MK1 is a two-seat, mid-engined, lightweight sports car that embodies all the excitement of the 1980s thanks to famous design elements like pop-up headlights.
It has a five-speed close-ratio transmission and a revvy twin-cam engine. A removable glass panel was placed above each seat as part of the T-Bar roof option, making it an especially enjoyable vehicle to drive in the summer. (Tip: Keep in mind that seasonality might change a car's worth at various periods of the year whether buying or selling.)
The MR2 Toyota has always provided a lot of fun for a low price, but these vehicles are now shockingly hard to find, and prices have increased recently. Just make sure to look for corrosion and excessive rust if you intend to purchase one. Vehicles built during this time period frequently have this problem. The rear wheel arches need extra attention because they are prone to corrosion more than other places.
(1985–1997) Bentley Turbo R!
The potent Bentley Turbo R, which was introduced in 1985, is thought to have had 328 horsepower. Bosch's electronic fuel injection and dynamic chassis made it a terrific performer. The Turbo R is surprisingly agile considering that it weighs almost twice as much as the majority of family cars from its era.
Except for the controls, everything is heavy. You have to squeeze the throttle hard to get anything more than average performance, and even then, the effect isn't as strong as it previously might have been.
The elegance and the smooth ride are what make driving enjoyable here. Many owners also appreciate the prestige status connected with these expensive vehicles. You'll always feel as though you are driving something really exceptional when you step into a Turbo R.
We suggest purchasing a Bentley Turbo R with a complete service history if you're thinking about adding one to your collection because any severe defects may be challenging and expensive to fix.
Mk.1 Ford Fiesta (1977–1983)!
Ford announced in October 2022 that it would discontinue making new Fiesta vehicles in the summer of 2023. The Fiesta missed the top 10 in 2021 after 12 years at the top of the sales charts.
The Fiesta is still a well-liked vehicle despite this sharp decline in sales, and it is anticipated that its withdrawal would raise second-hand values, particularly for the first-generation MK1 model.
Ford has repeatedly reinvented this vehicle throughout the years, and the original is now a true classic. A Fiesta MK1 is a light and practical automobile that you may operate on a daily basis. Your Fiesta can continue to be as trustworthy as it was when it was new because parts are also rather simple to find.
Even while the days of finding a good original Fiesta are long gone, you may still buy one for a fair price. To increase your chances of making a profit if you do have your heart set on a Fiesta, we suggest purchasing one before the looming discontinuation drives up prices.
(1989–2001) Mercedes Benz SL500 R129!
As a modern vehicle that isn't overly futuristic, this convertible represents the apex of late 1980s and early 1990s design. The headlights of the SL500 must be manually turned on, and the wiper stalk must be turned to clear the windshield. The seats are cozy and the ergonomics make sense.
The SL500 Mercedes is robustly made, with heavy doors and four seats, much like the brand's more contemporary cars, despite having insufficient legroom and lap belts that would make them unsuitable for kids. These seats can, however, be folded down to make a flatter storage area in the back.
There are several SL500s available for purchase on the used market, and occasionally you can also locate them at auctions. This car checks off many collectors' must-have boxes, therefore its value is expected to increase over the coming years.
It's critical to understand how the season might affect the value of a convertible like this one.
(1923–1939) Austin Seven!
As vintage as it gets is the Austin Seven! Many homes in Britain did not have a telephone or even electricity when manufacture started in 1923. Today, however, a wide range of car collectors are drawn to the Austin Seven because of its affable simplicity.
The Austin was designed to be a little, affordable automobile to help with the problem of vehicle excise duty (often known as car tax). The end result was a four-seat, seven-horsepower automobile that offered escape without boarding a train.
Austin made an admirable effort to make the Seven as lightweight and inexpensive as he could. The Seven has endearing elements like a sticker that reads, "Hand signals only," on the back. Equally enticing is the three-speed gearbox, which can reach 50 mph on a level surface.
How Can I Tell If A Vintage Car Will Appreciate In Value?
Cars typically lose value over time. However, many collectors invest money in classics with the intention of eventually turning a profit. More people can today than ever before find and access collector automobiles. They are incredibly alluring to anyone looking to possess something unique, out of the ordinary, and evocative of a bygone age of transportation.
Older models may start to appreciate when a particular model is retired, especially if they are already in high demand. If your vehicle is in reasonable shape and you are fortunate enough to own one of the last examples of a certain model, you should be able to charge a high price.
Consider replacing your existing runabout with a vintage model. Use our FREE car valuation tool to quickly see how much your vehicle may be worth.
Conclusion!
Before making a purchase, it's crucial to ensure that you have a thorough understanding of the classic automobile market. Risk is a component of every investment, and the information used to produce this guide is not our own. Before making a decision, make sure you completely investigate the market and carefully evaluate any potential purchases.