Classic Car Prices Are On The Rise Again

1970 Oldsmobile 442 W30 Holiday

Classic car prices are on the rise again for 2016. This 1970 Oldsmobile 442 W30 Holiday is currently for sale in Cars On Line’s Oldsmobile Muscle Car Section. Values are up over 30 percent on ’70 442 W30 cars in No. 2 condition. See chart below.

 

Classic Car Prices Up 3.8 Percent in 2016 …

Classic car prices are on the rise again this year, according to a new Market Trends Report by Cars On Line.com. For the spring 2016 market, collector car values are up 3.8 percent. Cars On Line.com compiled statistics on collector cars from auction results, trusted price guides and actual sales on the Cars On Line website for the first five months of 2016. Readers can see the sample group below in a chart which compares average current prices for 2016 with results from December of 2015.

Proof that classic car prices are on the rise again comes from the chart you will see below. With the 3.8 percent increase for 2016 combined with a 5.1 percent increase in average pricing in 2015, Cars On Line points out that this is the first consistent two-year consecutive increase in collector car values since the economic recession in 2009. If you are a classic car owner you have probably been holding your breath waiting for the market to rebound. It has taken eight years to do it but current collector car prices have finally caught up with the average collector car values in 2008 at the height of the pre-recession market.

Cars On Line.com keeps records on the average selling prices on popular classic and muscle cars. They see more cars sold than anybody in the collector car hobby, plus they run the most credible Classic Car Inspection and Appraisal service in support of the hobby. Cars On Line.com is the most accurate source for classic car values in the U.S.

Here are the final statistics on pricing for Cars On Line.com’s sample group of collector cars that trade most frequently in the collector car market. The first column records the average prices on No. 2 condition cars at the end of 2008 at the height of the market prior to the recession. The second column records final average prices for 2015. And the last column shows current average prices.

Year, Make Model Condition 2008 2015 2016 
FORD
1928 Ford Model A Roadster No. 2 $23,100 $19,200 $23,733
1955 Ford F100 No. 2 $23,100 $24,500 $25,875
1956 Ford Crown Victoria No. 2 $33,500 $33,400 $42,667
1956 Ford Sunliner No. 2 $49,800 $59,600 $50,533
1957 Ford Retractable No. 2 $53,700 $38,150 $49,217
1957 Ford Thunderbird No. 2 $55,500 $46,350 $50,428
1965 Mustang Convertible No. 2 $33,800 $33,400 $32,633
1966 Shelby GT350 No. 2 $164,100 $174,000 $166,889
1967 Shelby GT500 No. 2 $191,000 $120,250 $155,613
1967 Mustang GT Fastback (S CODE) No. 2 $26,500 $61,900 $63,200
1969 Mach 1 Mustang (M CODE) No. 2 $37,400 $38,850 $37,809
1969 Mach 1 428 CJ (R CODE) No. 2 $81,000 $68,700 $71,292
1969 Boss 429 Mustang No. 2 $269,500 $242,500 $261,667
1970 Boss 302 Mustang No. 2 $85,000 $66,400 $74,100
1970 Ford Torino 429 CJ No. 2 $45,900 $22,700 $54,067
CHEVROLET
1954 Corvette No. 2 $111,600 $78,875 $74,490
1955 Bel Air Hardtop No. 2 $32,200 $35,250 $36,275
1955 Bel Air Convertible No. 2 $64,750 $63,846 $61,020
1956 Nomad No. 2 $77,000 $52,575 $56,900
1957 Bel Air Hardtop No. 2 $62,700 $47,450 $44,130
1957 Bel Air Convertible No. 2 $94,500 $74,092 $73,007
1957 Cameo Pickup No. 2 $26,250 $40,000 $37,600
1958 Chevy Impala Convt (348 Tripower) No. 2 $99,000 $89,282 $90,828
1963 Corvette Split Window Coupe No. 2 $71,400 $88,897 $95,140
1963 Impala SS 409 Convertible No. 2 $55,100 $55,800 $63,300
1967 Chevelle SS 396 No. 2 $54,400 $40,550 $45,175
1967 Camaro Convertible No. 2 $28,700 $37,450 $39,038
1967 Corvette 427/435 Convertible No. 2 $154,500 $173,033 $153,567
1969 Camaro Z/28 No. 2 $81,675 $60,000 $65,567
1969 Camaro Pace Car No. 2 $67,000 $67,292 $64,125
1970 Chevelle SS 396 No. 2 $55,825 $52,450 $53,625
1970 Chevelle LS6 454 No. 2 $98,580 $106,627 $121,800
EDSELS
1958 Edsel Pacer Convertible No. 2 $29,400 $57,733 $57,733
AMERICAN MOTORS
1968 AMC AMX Go Pack No. 2 $16,800 $35,650 $28,325
NASH
1960 Metropolitan Convertible No. 2 $9,450 $17,525 $22,000
MOPARS
1957 Chrysler 300 Hardtop No. 2 $60,900 $56,000 $54,500
1957 Desoto Adventurer Convertible No. 2 $170,000 $213,863 $205,500
1957 Dodge Sweptside Pickup No. 2 $15,400 $36,000 $40,500
1957 Dodge Royal Lancer No. 2 $24,500 $24,300 $26,600
1967 Dodge Coronet Hardtop No. 2 $22,400 $26,550 $32,167
1969 Dodge Charger R/T No. 2 $73,500 $56,900 $56,733
1970 Dodge Challenger R/T No. 2 $118,500 $85,875 $112,250
1970 Dodge Challenger T/A No. 2 $89,600 $85,850 $78,938
1970 Dodge Super Bee No. 2 $54,000 $65,300 $63,367
1967 Plymouth GTX No. 2 $51,500 $45,100 $43,467
1970 Plymouth Cuda AAR No. 2 $99,900 $106,188 $99,750
1970 Plymouth SUPERBIRD No. 2 $156,000 $150,813 $175,667
1970 HEMI Cuda No. 2 $261,400 $314,000 $241,125
1970 Barracuda 340 Convertible No. 2 $49,000 $42,175 $58,000
1970 Plymouth Road Runner No. 2 $80,300 $44,950 $44,675
CADILLAC
1957 CADILLAC S62 CONVERTIBLE No. 2 $54,950 $77,056 $69,450
1959 CADILLAC S62 HARDTOP No. 2 $21,000 $35,775 $34,900
1976 CADILLAC ELDORADO CONVERTIBLE No. 2 $16,800 $36,174 $31,988
PACKARD
1937 PACKARD V-12 VICTORIA CONVERTIBLE No. 2 $103,600 $150,000  $150,000
1953 PACKARD CARIBBEAN CONVERTIBLE No. 2 $42,000 $78,450 $85,550
PONTIAC
1957 PONTIAC CHIEFTAIN HT No. 2 $18,900 $25,500 $27,870
1965 PONTIAC GTO (389 TRIPOWER) No. 2 $35,000 $62,200 $73,038
1967 PONTIAC GTO CONVERTIBLE No. 2 $42,700 $66,717 $75,850
1968 FIREBIRD CONVERTIBLE No. 2 $19,600 $48,711 $34,933
1970 PONTIAC GTO JUDGE No. 2 $56,700 $73,290 $67,920
1973 TRANS AM SUPER DUTY No. 2 $45,000 $135,500 $115,375
1977 BANDIT TRANS AM No. 2 $18,000
$35,225
$51,150
BUICK
1954 SKYLARK CONVERTIBLE No. 2 $72,450 $112,000 $137,500
1957 ROADMASTER CONVERTIBLE No. 2 $32,900 $76,200 $114,450
1970 BUICK GS STAGE 1 CONVERTIBLE No. 2 $89,000 $125,000 $148,750
OLDSMOBILE
1957 OLDSMOBILE STARFIRE CONVERTIBLE No. 2 $62,500 $95,900 $118,500
1970 OLDS 442 W30 No. 2 $57,800 $71,100 $102,733
AUSTIN-HEALEY
1967 AUSTIN HEALEY 3000 BJ8 No. 2 $35,000 $73,650 $63,200
JAGUAR
1967 JAGUAR XKE ROADSTER No. 2 $64,050
$127,000
 $123,000
1956 JAGUAR XK140 (MC) Roadster No. 2 $130,900 $111,000 $109,500
STUDEBAKER
1957 STUDEBAKER GOLDEN HAWK No. 2 $19,800 $46,700 $50,500
1950 STUDEBAKER CHAMPION No. 2 $12,600 $19,063 $18,500
1953 STUDEBAKER REGAL No. 2 $16,100 $28,450 $23,550
1963 STUDEBAKER AVANTI No. 2 $19,600 $35,194 $29,200
HUDSUN
1946 HUDSON SUPER SIX PICKUP No. 2 $17,500 $21,000 $22,000
1951 HUDSON HORNET 2-DR No. 2 $18,200 $28,400 $28,400

Contrary to what some in the media would have you believe, the collector car market is inextricably attached to the U.S. econonmy. The collector car market should see prices rise in 2016. The one thing that clouds its future is the state of the economy. If the stock market gets into one of its many corrections it could stall the upward trend of collector car values.

 

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