Still think that the older the car, the more it loses in value? No matter how it is! Some cars like good wine – in time only become more expensive
Immediately make a reservation, in most cases, the general rule is: with age and increase in mileage, the price of the car is reduced. And this process begins, as soon as the new car leaves the territory of the showroom. However, as usual, there are exceptions to the rule. For example, models that have a cult status, in time only become more expensive. And some of them – at times.
In this regard, specialists of the American company Black Book conducted a study and found out which cars since the release of their significantly added to the cost. As it turned out, the absolute record holder in the American market was the 1971 Plymouth Barracuda cabriolet. If at the time of the start of sales the price of this car was $ 4,296, now such a car on the secondary market is estimated at $ 2.5 million. Thus, for 46-year history the cost of the car has grown by 58 000%.
Shelby Cobra ranked second in terms of cost growth. If in 1967 for this roadster asked for $ 7,500, now every such car is estimated at $ 1.3 million or 17,000% more expensive than originally. Third place in the growth of value over time went to the representative Cadillac Eldorado. Since 1959, this model has risen in price by 3500% – from 7400 to 270 000 dollars. The Porsche 911, Pontiac GTO, Pontiac Bonneville, Chevrolet Corvette, Chrysler New Yorker, Dodge Charger R / T, Chevrolet Camaro, Ford Thunderbird and Ford Mustang GT are also on the list of models that are becoming more expensive.
At the same time, experts also identified factors that directly affect the likelihood that the car will fall into the list of those who value money over time. According to Eric Lawrence, director of the Black Book for special products, they include the so-called “Three” P “: popularity, pop culture and production volumes.” Today, many are convinced that super-expensive cars were originally sold at very high prices. However, the cars from this list unequivocally show that this is not the case, “said Lawrence.
In more detail with a list of models that rise in price over time, you can see below.