Most cars are just basic transportation, but a few transcend the moment. Oh, to have bought – and kept – a 1970 Plymouth Hemi Superbird, a 2003 Ford GT or a Ferrari 250 GTO.
If you’re looking to buy a new car this year but want to get something that won’t be just another commodity, losing value every year until it’s time to trade in or, worse, send it off to the junkyard, McKeel Hagerty, head of the leading classic car insurance company, puts together an annual list of the new models most likely to become collectibles.
“They all have some characteristics that are shared by the great collectible cars” of years past, says the CEO of Hagerty Insurance. (more…)