Hagerty Insurance Announces its Hagerty Hot List: Top 10 Future Collector Cars
TRAVERSE CITY, Mich. (January 2008) – Could you have tomorrow’s collector cars sitting in your garage? To help consumers answer that question, McKeel Hagerty, CEO of Hagerty Insurance Agency and a respected collector car valuation expert, has compiled his choices for Hagerty’s Hot List: Top 10 Future Collector Cars.
With hundreds of thousands of car enthusiasts flocking to the world-renowned Barrett-Jackson Collector Car Auction and six other auction houses in Scottsdale, Ariz., to ring in the collector car auction season – some may wonder: Who can afford a collector car? With Hagerty’s Hot List, you just might already have that car sitting in your garage. All you have to do is wait…
“Many consumers could be driving a future collector car right now.” says Hagerty. “Our goal was to find cars that are currently on the road but may be considered nostalgic in 15 to 20 years. Each car on Hagerty’s Hot List possesses a ‘buzz,’ a Wow Factor that resonates with consumers of all ages, many cars being daily drivers that turn heads already.”
In determining the Hagerty Hot List, Hagerty analyzed the reasons today’s collector cars are such hot commodities: pop-culture popularity, limited production numbers and the style of the next generation of collectors. The company included a wide range of models that span market segments and price ranges: cars that are more affordable, fun to drive and still enticing for future generations.
Hagerty’s Hot List:
- Cadillac XLR-V Roadster: Under the hood sits a hand-built 4.4-liter V8 that's been supercharged and puts out 443 horsepower. This is a serious domestic roadster that competes with the Mercedes SL-Class, Porsche 911 Cabriolet and Jaguar XKR, as well as the four-seat BMW M6 convertible.
- Lotus Exige S: Most practical people will find the Lotus Exige is a miserable little car—that is if you are shopping for a grocery getter! Research uncovered one anonymous review stating “Bottom Line…my heart beats faster when I think about this car…it is that rewarding.”
- Audi S5: A slick coupe with solid credentials. We chose this because it provides good looks, impressive all-wheel-drive handling, and an affordable price tag for this segment.
- Mustang Shelby GT 500 KR: The new GT500 KR (King of the Road) takes the bare bones of a GT500 and turns it into a 540 horse power muscle car that pays tribute to the legendary Carroll Shelby. Production is expected to be around 1000.
- Chevrolet Corvette Z06: The ferocious Z06 is a fixed-roof coupe with a 7.0-liter V8 that produces 505 horsepower. The past 50 years has proven that most Corvettes eventually become collectible…the Z06 will stand out at the top of the crowd as far as collectability.
- Smart: At first look, the Smart seems too small to be practical. It's not. Rather, it is a marvel of packaging efficiency. We chose the Smart car because it is the inaugural year where they will be available to the mass US population.
- Subaru Impreza WRX STi: Some Subaru enthusiasts may not like the idea of being spotted in a hatchback, but we think this will make it more collectible down the road. It has 305 horsepower and all-wheel drive…
- Honda S2000 CR: Less than 2000 of the “CR” editions will be built…this is a high-performance version of the stock S2000 that is regarded as Honda’s only true sports car.
- Pontiac Solstice/Saturn Sky: This pair of roadsters from GM have all the necessary ingredients: rear-wheel drive, a powerful engine, independent suspension and an impressive weight balance. We chose this because it is the first new and exciting sports car for Saturn and the first for Pontiac in many years.
- Dodge Charger Super Bee: It has a 6.1 liter HEMI V8 with 425 horsepower and 420 ft. lbs. of torque…need we say more for a family sedan?
“In a time when all the major manufacturers are fiercely competing for market share we wanted to pick some modern day driving machines that grab driver’s attention now and will continue to do so down the road,” says Hagerty. “The cars on this list have all the right ingredients to be looked upon by the next generation of enthusiasts as cool cars to collect.”
Hagerty is the leading insurance agency for collector vehicles and boats in the nation and host to the largest network of collector car owners. Hagerty offers collector car insurance, financing and roadside assistance, as well as a variety of useful information resources. The company works proactively on hobby legislation and supports the Collectors Foundation, a nonprofit organization dedicated to preservation of the hobby. For more information, call 800-922-4050 or visit www.hagerty.com.