In Cars On Line’s Market Trends report collector car prices for 2014 have flatlined. Classic Ferraris are among the few cars that have gone up in value in 2014. This 1962 Ferrari 250 by Pinninfarina is currently for sale on the Cars On Line websie.
Collector Car Prices for 2014 are down 1.5 Percent …
The big surprise in collector car prices for 2014 was that they remained flat compared to results from 2013. Cars On Line reports that collector car prices for 2014 remained flat, down just slightly by 1.5 percent. But looking forward to 2015, Cars On Line is indicating that values in the collector car hobby are likely to rise. Since the collector car market in the U.S. is dependent on the overall economy, the year 2015 could see an increase of eight to ten percent in the next six months.
Here below is an updated list of collector car prices for 2014. This is Cars On Line’s “hot list” of classic cars which change hands frequently in today’s collector car market. We follow these cars to get a sense of what is happening in the larger collector car realm. This sample group is representative of the vast majority of cars changing hands today. Notice that we give you the average prices these cars have sold for for various years, i.e. 2008 before the economic recession; 2013 the prices from last year; and 2014.
| Year, Make Model | Condition | 2008 | 2013 | 2014 |
| FORD | ||||
| 1928 Ford Model A Roadster | No. 2 | $23,100 | $24,675 | $18,000 |
| 1955 FORD F100 | No. 2 | $23,100 | $24,500 | $23,583 |
| 1956 FORD CROWN VICTORIA | No. 2 | $33,500 | $36,233 | $34,150 |
| 1956 FORD SUNLINER | No. 2 | $49,800 | $69,333 | $51,913 |
| 1957 FORD RETRACTABLE | No. 2 | $53,700 | $36,500 | $48,749 |
| 1957 FORD THUNDERBIRD | No. 2 | $55,500 | $58,832 | $49,914 |
| 1965 MUSTANG CONVERTIBLE | No. 2 | $33,800 | $27,492 | $34,790 |
| 1966 SHELBY GT350 | No. 2 | $164,100 | $152,343 | $166,958 |
| 1967 SHELBY GT500 | No. 2 | $191,000 | $142,675 | $145,000 |
| 1967 MUSTANG GT FASTBACK(S CODE) | No. 2 | $26,500 | $60,250 | $50,525 |
| 1969 MACH 1 MUSTANG (M CODE) | No. 2 | $37,400 | $42,738 | $40,037 |
| 1969 MACH 1 428 CJ (R CODE) | No. 2 | $81,000 | $72,317 | $58,239 |
| 1969 BOSS 429 MUSTANG | No. 2 | $269,500 | $244,738 | $221,000 |
| 1970 BOSS 302 MUSTANG | No. 2 | $85,000 | $74,440 | $70,432 |
| 1970 FORD TORINO 429 CJ | No. 2 | $45,900 | $53,149 | $35,838 |
| CHEVROLET | ||||
| 1954 CORVETTE | No. 2 | $111,600 | $73,708 | $75,860 |
| 1955 BEL AIR HARDTOP | No. 2 | $32,200 | $41,250 | $44,408 |
| 1955 BEL AIR CONVERTIBLE | No. 2 | $64,750 | $71,070 | $63,466 |
| 1956 NOMAD | No. 2 | $77,000 | $58,350 | $53,906 |
| 1957 BEL AIR HARDTOP | No. 2 | $62,700 | $54,550 | $45,344 |
| 1957 BEL AIR CONVERTIBLE | No. 2 | $94,500 | $85,774 | $85,511 |
| 1957 CAMEO PICKUP | No. 2 | $26,250 | $61,680 | $44,263 |
| 1958 CHEVY IMPALA CONVT (348 TRIPOWER) | No. 2 | $99,000 | $89,843 | $78,492 |
| 1963 CORVETTE SPLIT WINDOW COUPE | No. 2 | $71,400 | $80,194 | $77,935 |
| 1963 IMPALA SS 409 CONVERTIBLE | No. 2 | $55,100 | $59,800 | $51,833 |
| 1967 CHEVELLE SS 396 | No. 2 | $54,400 | $46,919 | $40,230 |
| 1967 CAMARO CONVERTIBLE | No. 2 | $28,700 | $33,238 | $36,400 |
| 1967 CORVETTE 427/435 CONVERTIBLE | No. 2 | $154,500 | $141,196 | $167,121 |
| 1969 CAMARO Z/28 | No. 2 | $81,675 | $77,312 | $68,750 |
| 1969 CAMARO PACE CAR | No. 2 | $67,000 | $66,625 | $65,900 |
| 1970 CHEVELLE SS 396 | No. 2 | $55,825 | $55,738 | $53,438 |
| 1970 CHEVELLE LS6 454 | No. 2 | $98,580 | $108,711 | $105,167 |
| MOPARS | ||||
| 1957 CHRYSLER 300 HARDTOP | No. 2 | $60,900 | $70,000 | $52,100 |
| 1957 DESOTO ADVENTURER CONVERTIBLE | No. 2 | $170,000 | $225,500 | $275,000 |
| 1967 DODGE CORONET R/T | No. 2 | $22,400 | $25,433 | $30,108 |
| 1969 DODGE CHARGER R/T | No. 2 | $73,500 | $46,600 | $49,313 |
| 1970 DODGE CHALLENGER R/T | No. 2 | $118,500 | $80,873 | $86,260 |
| 1970 DODGE CHALLENGER T/A | No. 2 | $89,600 | $62,400 | $68,288 |
| 1970 DODGE SUPER BEE | No. 2 | $54,000 | $51,013 | $51,900 |
| 1967 PLYMOUTH GTX | No. 2 | $51,500 | $37,369 | $38,542 |
| 1970 PLYMOUTH CUDA AAR | No. 2 | $99,900 | $82,510 | $76,713 |
| 1970 PLYMOUTH SUPERBIRD | No. 2 | $156,000 | $122,762 | $132,975 |
| 1970 HEMI CUDA | No. 2 | $261,400 | $207,800 | $206,500 |
| 1970 CUDA 340 CONVERTIBLE | No. 2 | $49,000 | $76,133 | $60,875 |
| 1970 PLYMOUTH ROAD RUNNER | No. 2 | $80,300 | $46,350 | $39,190 |
| CADILLAC | ||||
| 1957 CADILLAC S62 CONVERTIBLE | No. 2 | $54,950 | $64,788 | $66,656 |
| 1959 CADILLAC S62 HARDTOP | No. 2 | $21,000 | $39,300 | $39,700 |
| 1976 CADILLAC ELDORADO CONVERTIBLE | No. 2 | $16,800 | $26,283 | $30,113 |
| PACKARD | ||||
| 1937 PACKARD V-12 VICTORIA CONVERTIBLE | No. 2 | $103,600 | $192,500 | $265,000 |
| 1953 PACKARD CARIBBEAN CONVERTIBLE | No. 2 | $42,000 | $93,663 | $67,900 |
| PONTIAC | ||||
| 1957 PONTIAC CHIEFTAIN HT | No. 2 | $18,900 | $27,748 | $25,550 |
| 1965 PONTIAC GTO (389 TRIPOWER) | No. 2 | $35,000 | $59,737 | $59,906 |
| 1967 PONTIAC GTO CONVERTIBLE | No. 2 | $42,700 | $58,942 | $51,223 |
| 1968 FIREBIRD CONVERTIBLE | No. 2 | $19,600 | $26,900 | $28,725 |
| 1970 PONTIAC GTO JUDGE | No. 2 | $56,700 | $73,425 | $68,730 |
| 1973 TRANS AM SUPER DUTY | No. 2 | $45,000 | $125,875 | $105,583 |
| 1977 BANDIT TRANS AM | No. 2 | $18,000 | $50,983 |
$49,500
|
| BUICK | ||||
| 1954 SKYLARK CONVERTIBLE | No. 2 | $72,450 | $123,133 | $125,333 |
| 1957 ROADMASTER CONVERTIBLE | No. 2 | $32,900 | $73,100 | $69,225 |
| 1970 BUICK GS STAGE 1 CONVERTIBLE | No. 2 | $89,000 | $88,086 | $112,000 |
| OLDSMOBILE | ||||
| 1957 OLDSMOBILE STARFIRE CONVERTIBLE | No. 2 | $62,500 | $91,800 | $80,538 |
| 1970 OLDS 442 W30 | No. 2 | $57,800 | $69,700 | $87,650 |
| AUSTIN-HEALEY | ||||
| 1967 AUSTIN HEALEY 3000 BJ8 | No. 2 | $35,000 | $79,975 | $73,067 |
| JAGUAR | ||||
| 1967 JAGUAR XKE ROADSTER | No. 2 | $64,050 | $101,625 |
$85,400
|
| 1956 JAGUAR XK140 (MC) Roadster | No. 2 | $130,900 | $105,292 | $109,175 |
| STUDEBAKER | ||||
| 1957 GOLDEN HAWK | No. 2 | $19,800 | $57,000 | $40,767 |
Asterisk * means none sold in that period.
The collector car market is inextricably attached to the economy in general. The weakness in the collector car market in the last couple of years is directly related to how the economy has been flatlining. But most economists believe that 2015 will be the year that businesses will begin hiring again. That should bring the economy back and with it the collector car market.
What the collector car market has been lacking recently is an infusion of “players.” With more jobs in the economy there will be more people entering the collector car market again.
Each quarter Cars On Line.com sticks a thermometer into the collector car hobby to measure its temperature. Those who follow our Market Trends Reports may remember that in July of 2014 prices had dropped to 8.3 percent below last year’s numbers. So these prices, although they are below last year’s totals, are up from weakness earlier in the year.
We always hear about the high profile classic cars, such as classic Ferraris, which are selling at what seem to be ever escalating prices at high profile auctions on TV. But the larger collector car market in general is tailing off at this point, trending slightly downward. The market has definitely experienced some indigestion in 2014. The numbers shown here in the Collector Car Values Market Trends report came from high-profile auctions, well-known valuation guides and private sales with known results.
I agree that the economy has an effect on the collector market as these cars are purchased with disposable income. Easy financing plays a important part of the collector car market, but with GOOD paying jobs being scarce this is becoming less of a factor.
The real issue with pricing today (IMO) is the over abundance of cars available for sale. Over exposure on TV with too many auctions. To many classified ad publications and web sites that list collector cars for sale as well as the hundred’s of collector car dealers.
Counterfeit and tribute cars have also have affected the market for some cars. There are more big block Chevelle’s and 427 Corvettes available that were originally manufactured by the factory.
I wonder why Ron Pratte is selling his massive collection? I don’t believe he’s going to get what he paid for many of his cars.
I don’t believe that 2015 is going to change this situation. I think prices are headed down for some of these cars. There is an exception though, and that is the exotic car market which is a whole different world.
Have you ever seen a tribute Ferrari or Lamborghini or some of the rare Mercedes? These cars are now in the hands of the super, super rich.
Oh well.
Good comments Steve. IMO the number of cars available may have passed the number of buyers interested in collector cars. The average show & shine cars that can be driven regularly have been over valued for a number of years. In many ways the high profile auctions have been both good and bad for the average car enthusiast. They highlighted the high end cars and pushed the value of the average cars higher. As you mentioned the economy fixed that. Hopefully that will change for the better. I don’t have a problem with clone cars as long as they are advertised as such. Back in the day a lot of cars were modified for personal taste but there are too many people passing off clones as the real thing using the “buyer beware” mentality. I think you are right about the Ron Pratte level of collectors who have a large amount of cars that are over valued. The Jan auction frenzy should be interesting this year.
Best wishes and a great 2015 to all………
The level of activity and competitive buying in the collector car market is no where near what it was back in the pre-2008 days. At that time the collector car market was booming, and it was fueled by all of the “investors” who were jumping in to flip cars. The huge number of players in the market created competition to buy cars even when the prices were “too high.” So the market had your “car guys” like it always has, but had a big influx of “sharks” who saw an opportunity to flip cars at ever increasing prices like there was no ceiling on escalating prices.
But by 2008 you could start to see that there was some resistance to that kind of pricing. At that point the economy was showing signs of weakness. Unfortunately some collectors got caught holding high priced cars just before those prices were starting to fall. When the house of cards collapsed the players vanished. Prices collapsed with the lack of compeitive buyers.
Collector car prices are now very steady. They have been that way for the last few years. The collector car market is poised for an increase in values. The one ingredient that has not developed is that there is no influx of players yet. When it looks like you can make a buck flipping these cars again than the market has a chance to advance.
More buyers, please.
P.S. It’s great to hear everyone’s comments. Have a great 2015.