Classic Car Prices Are On The Rise Again
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.