Monday, June 13, 2022

Hagerty's 2022 "Bull Market" list of classic cars

1969-1974 Ferrari 246 Dino. The car is named after Enzo Ferrari's son Alfredo "Dino" Ferrari. The car departed from 1960s Ferrari orthodoxy with a transverse V-6 behind the driver. It was built as a tribute to Dino who, before his death in 1956, championed V-6 engines at Ferrari. 3,761 were built with hard-top GT and targa-roofed GTS body styles. The $365k average sounds like a lot of money, but that is peanuts in Ferrari world.
1979-1985 Mazda RX-7. The first-generation FB Mazda RX-7 launched with a 1.1-liter 12A rotary engine producing 100 hp, revving to 7,000 rpm. For its final two years, the RX-7 got the fuel-injected 1.3-liter 13B engine, boosting output to 135 hp. Large production volumes (more than 377k were sold in the U.S.) mean it's still possible to pick up a good one for $17k according to Hagerty.
1963-1967 Mercedes-Benz 230SL. The W113-generation 230SL had a 2.3-liter inline-6 producing 170 hp, but the signature "Pagoda" roof made it stand out. Mercedes built nearly 50,000 Pagoda SLs from 1963 to 1971, including later 250SL and 280SL models with more powerful engines. Its the earlier 230SL that has the best value, according to Hagerty, with an average price of $80k for an example in excellent condition.