Rapidly appreciating cars can cool just as quickly

According to the latest Hagerty Vehicle Ratings, previously scorching models like the Ford GT, the 1964-67 Porsche 911 and the 1984-89 911 are suffering minor hangovers now that interest has waned. These cars find themselves in the bottom following massive supply spikes – the direct result of lots of high-profile sales. Expect this to be a temporary blip as buyers stop chasing rising values with aspirational asking prices and supply begins tightening up.

Major inversions also occurred with the Porsche 924 (rated an 82 in July) and the DeTomaso Pantera (a 60 in July). Both have cooled considerably over the past two months, and now sit at a 20. The already cool first-generation Corvair got downright icy, losing 38 points to settle at an 8.

Another theme is that classic British cars continue trailing the market. In fact, six of the bottom 25 models hail from England. The Austin-Healey 3000Jaguar XK120 and Mk IV Austin-Healey Sprites occupied similar spots in the July rating, but they are now joined by the MG-TF, the Triumph TR4 and the Rolls-Royce Corniche. It seems that shifting preferences towards more modern cars is coming at the expense of models from the Land of Hope and Glory.

The full list of the 25 lowest rated vehicles is as follows:

Vehicle
1960-1964 Chevrolet Corvair 8
2005-2006 Ford GT 11
1971-1975 Volkswagen Type 181 11
1962-1969 Austin-Healey Sprite 12
1959-1960 Chevrolet Bel Air 14
1964-1968 Porsche 911 14
1984-1989 Porsche 911 14
1948-1954 Jaguar XK120 17
1975-1983 BMW 3-Series 17
1959-1967 Austin-Healey 3000 18
1952-1956 Mercury Monterey 19
1946-1948 Ford Super Deluxe 20
1948-1963 Studebaker Pickups 20
1953-1955 MG TF 20
1959-1970 Volvo 122 20
1961-1967 Triumph TR4 20
1964-1967 Pontiac LeMans 20
1969-1974 Ford Galaxie 20
1970-1992 DeTomaso Pantera 20
1971-1993 Rolls-Royce Corniche 20
1972-1980 Mercedes-Benz 350SL / 450SL 20
1977-1988 Porsche 924 20
1955-1957 Ford Fairlane 21
1968-1982 Chevrolet Corvette 21
1999-2002 Corbin Sparrow 21

The Hagerty Vehicle Rating is a 0-100 score that tracks a car’s value change compared to the entire classic-car market. A car with a rating higher than 50 means it is appreciating faster than the overall market. A score below 50 means the car is lagging. While our rating algorithm uses Hagerty’s extensive valuation database and detailed market data—we go deep and include the number of recent insurance quotes and auction sell-through rates—the usual disclaimers apply: Use this score as a guide and not an indication of future results.

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