Drivers looking to get behind the wheel of a classic car could be in luck with the release of the annual Hagerty Bull Market List showing which vehicles are the best to buy going into 2024.
Vintage cars have always been popular among enthusiasts, with many motorists now looking to get their own slice of history with an affordable, older vehicle.
Hagerty states the aim of the Bull Market List is to make collector car ownership more attainable for the masses and point prospective buyers in the right direction.
Hundreds of thousands of Google searches are made every month with Britons looking at their favourite retro vehicles, including some British classics.
A 1989 Lamborghini Countach 25th Anniversary
LAMBORGHINI
1989 Lamborghini Countach 25th Anniversary
The Lamborghini Countach is one of the UK’s favourite classic cars, racking up an average of 22,200 Google searches every month.
The Countach beats other popular classic cars like the Aston Martin DB5, Reliant Robin and Jaguar E-Type, with the sports car being driven by Leonardo DiCaprio in the 2013 Golden Globe-winning film The Wolf of Wall Street.
Hagerty’s Bull Market values a top-of-the-range 1989 Lamborghini Countach 25th Anniversary edition at a staggering $770,000 or £604,000.
The Jaguar XKR
PA
2000-2005 Jaguar XKR
The luxury two-door comes with a “silky-smooth” supercharged V8 engine and marked the brand’s fight against higher-end German and Japanese brands, as some motorists described it as “sex on wheels”.
The majority of XKR models that were produced are heavily used, meaning drivers can get their hands on a decent quality model for around £12,600.
Jaguars remain at the heart of British petrolheads with almost 15,000 monthly Google searches for another classic, the E-Type, which has been ranked as one of, if not the most, beautiful cars ever produced.
A 1965 Ford Thunderbird
FORD
1964-1966 Ford Thunderbird
Throughout its 50-year manufacturing period, Ford produced over 4.4 million Thunderbirds, with the convertible being marketed as an upscale model, rather than a sports car.
Hagerty estimates that the vehicles could be picked up for between £13,500 and as much as £44,250.
Dan Reavley, Head of Vehicle Finance at Anglo Scottish, comments: "In the UK, there’s a great demand for vintage and classic cars.
"There’s no doubting the head-turning prestige of some of the cars on this list – and some of them might be more affordable than you think."
A 2008 BMW M3
BMW
2008-2013 BMW M3
Recent classics are also included on the Bull Market List, with the M3 coming equipped with a 4.0-litre, V8 engine and setting drivers back between £23,000 and £52,000.
Car expert David Zenlea said interest in the car was increasing among Gen Xers (1965-1980) and younger, highlighting its popularity. He also urged prospective buyers to ensure they get a comprehensive service history.
Hagerty has only identified a few drawbacks of the M3, namely how poorly maintained models can “cost an arm and a leg to fix”.
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A Plymouth Prowler
GETTY
1997 Plymouth Prowler
The Prowler doesn’t look like a conventional classic car but the roadster packs enough punch for anyone interested in investing. For drivers looking to restore a Prowler to its best condition, older models are for around £12,300.
A spokesperson for Hagerty Auto Intelligence said: “So-called 'restomods' (old cars with modern guts) are big business these days—customizers regularly charge six figures to fit a fuel-injected engine, disc brakes, etc., into an old rig.
“It’s only a matter of time before enthusiasts discover the Prowler, which is essentially a factory-built restomod offered at a bargain price.”