Collectors will prefer vintage SUVs

Posted on Monday, 22 April 2013 , 23:04:38 byDan

Filed under suvvintageclassicamericantruckspriceauctionAmericanTrucks-PickupsPricing

Collectors will prefer vintage SUVs

According to different sources, vintage SUVs will become the main interest of car collectors. To be more precise, Hagerty Insurance seems to think so. There has been an increase in the prices of the classic SUVs at auctions. We are actually talking about the models insured by the company and it seems that their prices have increased 65 % since 2008 which means twice the pace of the overall market. Now, during a series of collector car auctions a bit earlier this year, 11 vintage Toyota Land Cruisers have been sold. The best model remains a 1981 Mustard Yellow FJ-40 which has been sold for $88.000. Hagerty Insurance reports the niche segment of vintage SUVs which has grown 65 % since 2008, just like mentioned above. Models that have managed to increase their numbers are the 1970 and 1980 jeeps, Ford Broncos and International Scouts developed between 1960 and 1970. Different sales analysis conducted by the Hagerty Insurance offer further evidence of a budding trend of increased SUV sales and values.



Actually, over the last five years, the number of vintage SUV’s offered at auction increased by 150 %. The value of these vehicles has increased by 31 %. Until now, the Hagerty Insurance is he leading insurance provider for classic vehicles and host to the largest network of classic car owners. The company manages to offer insurance for classic trucks, cars, motorcycles and motorcycle safety equipment, tractors, automotive tools and also spare parts. For those of you, who think about a possible collaboration, please know that the company also offers shipping / touring insurance coverage, commercial coverage and club liability coverage. To find out more information on this company, please visit their official website. Source: autoblog


Collectors will prefer vintage SUVs image Collectors will prefer vintage SUVs image
Collectors will prefer vintage SUVs image Collectors will prefer vintage SUVs image
Collectors will prefer vintage SUVs image Collectors will prefer vintage SUVs image