5 Classics That Are Increasing in Value
Have you ever bought something in the hopes that one day it would be worth more than what you paid? Or maybe it was a project and you tell yourself that with a little work you will make something out of it. If you haven’t, you’re not alone. In this week’s blog, Farm Boy Garage would like to give you a little help! We have come up with a list of 5 cars that have the signs of being a great investment. Nothing is ever for certain, but these classic cars, trucks and SUV’s are on the rise!
Hopefully, you have enjoyed our thoughts on some classics that are sure to be a good investment. If this has excited you to get your classic out of the garage for restoration or to find one these amazing machines to restore, Farm Boy Garage is the restoration shop for the job. With many years of experience of classic car and classic truck restoration, we will make the restoration process fun and stress-free!
Farm Boy Garage
10660 E. County Line Rd.
Des Moines, Iowa 50320
Phone: 515-528-8904
Cell: 515-333-1238
farmboygarage@icloud.com
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1996 Chevrolet Corvette Grand Sport
The Corvette has been every boy dream to own once they are grown. To mark the end of the fourth generation (C4) Corvette, Chevrolet released the Grand Sport special edition. Only 1,000 of these cars were built for the 1996 model year. All one thousand of these cars were Admiral Blue with a white center stripe and red hash marks on the left front fender. Black painted aluminum wheels were repurposed from the previous year models ZR-1 car. The larger wheels and tires required a little extra room, leading to the wider fender flares and the Grand Sports unique stance. The Grand Sport cars were equipped with the LT4 V8 making 330 horsepower. With their low production numbers and now being almost 25 years old, these Corvettes are a safe investment. You can find these cars and invest in a nice one for in the mid $20,000 range.
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| Photo Credit: Caranddriver.com |
1982-1987 Buick Grand National, Turbo-T, T-Type and GNX
In 1982 the Regal Grand National debuted. What originally was only supposed to be 100 cars, 215 Regals were badged as Grand Nationals. These cars were sent to Cars and Concepts in Brighton, Michigan to get the Grand National treatment. In 1983 there was no Grand Nationals produced. The sport coupe was named the T-Type. In 1984 the Grand National returned in all black paint and the turbocharged 3.8L V6 became standard and punched out 200 horses and 300 pound-feet of torque. Only 2,000 Grand Nationals were produced that year. For 1986 a few changes were made. A modified engine design boosted performance to 235 horses and 330 pound-feet of torque. For 1987 Buick dropped the T-Type model and release the T sport package. 1987 was the year turbo Regals reached their peak with 27,590 vehicles produced. 1987 would be the last year of the Grand National and Buick introduced the limited numbered GNX. These cars were created in partnership with McLaren Performance Technologies and only 547 Grand Nationals were sent to McLaren. These cars are climbing up in value every day. Grab one now before they are even harder to find. Plan to invest around $30,000 for the Grand National, Turbo-T, and T-Type. The GNX cars are becoming very scarce and low mile examples can get into 6 figures!
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| Photo Credit: RoadandTrack.com |
88 Pontiac Fiero GT
When was the last time you seen one of these! In 1984 designed a mid-engine sports car. The first two-seater Pontic since the 1926 and 1938 coupes. A total of 370,168 Fiero’s were produced in a short five-year production run. At the time of production, the Fiero suffered from negative reviews of performance, reliability and safety issues. In 1988 the Fiero sported a new suspension design. The new suspension also included vented disc brakes all the way around. These improvements made the 1988 model the more desired by collectors. If you are looking for an affordable and fun collector, the Fiero deserves attention. You can find these cars from less than $10,000 to over $20,000 for custom cars.
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| Photo Credit: HotRod.com |
Second Generation Chevrolet C10 Pickup (1967-1972)
For the past decade, the C-10 pickups values have been on the rise and they don’t seem to be slowing down. These are very attractable for the relatively low entry cost and the aftermarket world for these trucks is huge! With a new modern look in 1967, the C-10 began to add some comfort and convenience to what had been a work truck. Who doesn’t like a two-wheel drive regular cab pickup slammed on the ground with fat tires and a healthy V8? We know this is not a classic or muscle car, but classic trucks are in. These trucks values are increasing with some restored ones bringing up to or over $50,000 at big auctions. That means there are a lot of nice trucks out there in the $30,000’s.
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| Photo Credit: TruckTrend.com |
1984 – 1991 Jeep Grand Wagoneer
We know what you are thinking. An SUV made your list? On your way to work count how many luxury SUV’s you see. They are crazy popular for today's everyday family. They are also becoming popular in the collector market. General Motors basically invented the SUV with the introduction of the Suburban in 1935 but it was Jeep who made the transition to luxury with the Wagoneer in 1963. The Wagoneer ran from 1963 to 1991. In 1984 AMC took the Wagoneer and consolidated the lineup and the Limited became the Grand Wagoneer. This was the SUV of SUV’s! Even after Chrysler acquired Jeep the Grand Wagoneer production ran till being discontinued after the 1991 model year. Plan on seeing these Jeeps listed anywhere from $20,000 to $50,000. Also, with the Wagoneer name making a return in 2021 the originals are bound to grow more desirable!
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| Photo Credit: RoadandTrack.com |
Farm Boy Garage
10660 E. County Line Rd.
Des Moines, Iowa 50320
Phone: 515-528-8904
Cell: 515-333-1238
farmboygarage@icloud.com
Like us on:
GOOGLE+
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