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The fabulous world of car collectors

The fabulous world of car collectors

The fabulous world of car collectors

It is easy to understand the car collector and restorer of beautiful cars who, following a total loss accident or a fire, sees the fruit of their hard work literally disappear before their eyes.

Hagerty has understood this and that is why there is now an endorsement called “cherished salvage” which allows the owner of a vehicle to recover, for example, the wreckage of their old ’76 Corvette.

It is no secret that each piece of a collector’s vehicle – whether it has monetary or sentimental value – is important because it allows to restore the beauty and authenticity of these special vehicles once the assembly ended.

We invite you here to discover the 2022 list of the 10 most desirable vehicles in the world as established by specialists in collector vehicles from the British car insurance company Confused.com, whose evaluation was made at from over 200 popular models. Photos: RM Sotheby’s.

FIRST ROW – LAMBORGHINI MIURA

This rare high-performance coupé (764 examples produced) clinched the top spot for a combination of factors, starting with its high current market value: The car was sold for the tidy sum of US$2,095,000 during the auction organized by RM Sotheby’s in Monterey, California, last year.

Since its unveiling in 1966, its value has increased by more than 1,500%!

LAMBORGHINI MIURA

SECOND ROW – FERRARI F40

Considered by all to be one of the best automobiles of all time, the 1992 F40 was sold to a collector for the sum of US$2,040,000 during the auction organized by RM Sotheby’s at Amelia Island in Florida, the last year.

FERRARI F40

THIRD ROW – FERRARI 250 GTO

The 250 GTO is an extremely rare model since only 36 copies were made from 1962 to 1964. A racing car for which the clientele was handpicked by none other than Enzo Ferrari, because it was not everybody who was allowed to buy a 250 GTO!

At the RM Auctions sale in Monterey, California, in 2018, the Scaglietti-bodied 250 GTO and third GTO built seen here fetched US$48,405,000. Experts estimate the current average value of this car at around 70 million US dollars!

FERRARI 250 GTO

Here is the rest of the list. Some of the vehicles below are tied.

  • AC COBRA (998 total production), current value US$1,450,000.
  • LAMBORGHINI COUNTACH (1,983 total production), current value US$1,950,000.
  • DATSUN 240Z (543 total production between May 1 and December 31, 1969), current value of US$90,600.
  • BUGATTI EB 110 (139 total production), current value US$644,000.
  • LANCIA STRATOS (492 total production), current value US$1,650,000.
  • PLYMOUTH SUPERBIRD (1,935 total production), current value US$467,000.
  • JAGUAR TYPE E (67,300 total production), current value US$115,000.
  • NISSAN SKYLINE GT-R (1,268 total production between 1999 and 2002), current value of US$298,000.

The various factors from which Confused.com analysts assigned a score out of 10 are:

  • The rarity determined by the number of copies produced.
  • The current average value, data taken from the Hagerty company valuation tool for models in “competition” condition, i.e. restored to their original condition.
  • The increase in the value of the vehicle compared to its original price.
  • Recent changes in value calculated from data recorded in May 2019 and January 2022 by the Hagerty valuation tool.
  • The level of interest of Internet users expressed by the number of searches carried out for each model on Google, between December 2020 and November 2021.
  • The popularity of these vehicles on social media based on the number of (1) posts on Instagram and (2) views on TikTok mentioning each model, as of January 5, 2021.

Jackie Beaudoin, Leclerc Insurance and Financial Services
Source :  L’annuel de l’automobile