25 cars getting no love from classic buyers

It isn’t a good time to be a 1966–68 Mercedes-Benz 250SL, 1984–88 Pontiac Fiero, or 1975–79 Cadillac Seville. Those three models are tied at the bottom of the latest Hagerty Vehicle Rating.

The HVR tracks a vehicle’s performance relative to the rest of the collector vehicle market. Based on a 0–100 scale, a 50-point rating indicates that a vehicle is keeping pace with the market overall. Ratings above 50 indicate above-average appreciation, while ratings below 50 indicate vehicles that are lagging. The rating takes into account the number of vehicles insured and quoted through Hagerty, along with auction activity and private sales.

The 250SL, Fiero, and Seville are tied with 30 points. That doesn’t mean they’re bad cars, it just means that they aren’t currently performing well in the market.

Several cars from the last Bottom 25 list are still stuck there this time around, like the first-generation Oldsmobile Toronado, a strikingly beautiful and uniquely styled personal luxury coupe that looks like a concept car. There’s also the Mercedes-Benz 350SL, with its elegant roadster lines. Both cars have held their value well for several years, with the SL actually surging just a few years ago, but both have seen a decline over the past year. Similar to the 350SL, the Ferrari Testarossa saw a big jump in value about four years ago, held steady for several years, and has recently started to drop off. It’s still a bit shocking to think that such a hallmark Ferrari can be had for well under $100,000 in #3 (Good) condition.

1965 MGB front 3/4
1965 MGB RM Sotheby’s
1962 Chrysler 300H convertible
1962 Chrysler 300H Mecum

Three other standouts in the Bottom 25 are the Porsche 930 Turbo, Shelby GT350, and Shelby GT500, even though they all still command premium prices. In the case of the Shelby Mustangs, the drop into value-outlook purgatory is due almost entirely to nonexistent insurance quoting activity. That could be an indication that there aren’t a lot of serious buyers. Perhaps everyone who wants one that badly already has one. Or maybe the newest batch of continuation GT350s has potential buyers looking for a factory-fresh-feeling car they can enjoy on the track.

While the HVR Top 25 is packed with classic trucks and SUVs, no such body styles found their way into the Bottom 25.

There are two ways to look at the ratings. First, the practical takeaway from these numbers is that the cars on the bottom of the list might not make for the best investments. At least not in the short term. That’s no fun. The other side of the coin (our opinion), is many of the Bottom 25 vehicles can be had at a bargain price, and since cars are meant to be driven, plenty of them make for affordable buys and are perfect for racking up miles.

1966 Oldsmobile Delta 88
1966 Oldsmobile Delta 88 Mecum

If any of these vehicles are dream cars, or maybe just on your shortlist, consider it a good excuse to pick one up. Not that you’d need an excuse.

1962-1969 MG MGB 24
1965-1970 Oldsmobile 88 24
1973-1975 Ferrari 365 GTB/4 BB 24
1962-1971 Chrysler 300 24
1965-1970 Buick Wildcat 24
1950-1953 MG TD 25
1948-1949 Connaught L2 25
1970-1992 DeTomaso Pantera 26
1968-1971 Lincoln Continental Mk III 26
1971-1976 Cadillac DeVille 26
1965-1967 Dodge Coronet 27
1955-1962 Triumph TR3 27
1974-1990 Lamborghini Countach 27
1962-1969 Austin-Healey Sprite 27
1975-1978 Datsun 280Z 27
1991-1996 Acura NSX 27
1971-1976 Chevrolet Impala 27
1994-1998 Porsche 911 28
1955-1963 Mercedes-Benz 190SL 28
1971-1972 Ferrari 365 GTC/4 28
1970-1974 Plymouth Barracuda 28
1966-1967 Dodge Charger 29
1959-1966 Cadillac Eldorado 29
1966-1968 Mercedes-Benz 250SL 30
1984-1988 Pontiac Fiero 30
1975-1979 Cadillac Seville 30
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