Hagerty's 2024 Bull Market List Has a Few Surprises

Chris Teague
by Chris Teague

Hagerty recently released the seventh installment of its annual Bull Market List, and while this year’s picks are mostly predictable, there are a few interesting surprises. The company’s list highlights cars that it feels are set to grow in value over the next few years, with some exotics and classics and a growing number of “Rad Era” cars every year.


Hagerty’s 2024 list includes:

·     1997-2002 Plymouth Prowler

·     1964-1966 Ford Thunderbird

·     1981-1986 Jeep CJ-8 Scrambler

·     1965-1970 Chevrolet Impala SS

·     2000-2005 Jaguar XKR

·     2011-2016 Ferrari FF

·     1997-1999 Mitsubishi Pajero Evolution

·     2008-2013 BMW M3

·     1946-1950 Chrysler Town & Country

·     1989 Lamborghini Countach 25th Anniversary


A few of those are “duh” entries on the list, but the Prowler is kind of a dark horse. We’ve come full circle with cars like the Plymouth, reaching a point where it’s become cool unironically. The Pajero Evo is a cool choice as this year’s lone JDM entry, but it’s been aggressively climbing in price for a while now.


Hagerty’s list is meant to highlight cars that can be good values with enough research and time on the purchase side. It says it does not mean to celebrate inflated values or make specific models more expensive than they already are. Besides, as Hagerty notes, fun should be the primary goal with car buying, not necessarily making money.


[Image: Dave Goodman via Shutterstock]


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Chris Teague
Chris Teague

Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.

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  • Lou_BC Lou_BC on Dec 27, 2023

    I'm not surprised seeing the Scrambler added to the list. Jeeps haven't come close to reached Bronco pricing which is nice for shade tree builders.

  • MRF 95 T-Bird MRF 95 T-Bird on Dec 28, 2023

    @Art_Vandelay

    I owned a 95 LX with the 4.6 modular from 2007 until late 2019. It was a nice driving and handling car that was quite reliable with normal maintenance. Probably one of the best vehicles I owned, though my previous 87 Thunderbird was quite solid. I sold it and upgraded to a leftover 2018 Dodge Challenger GT awd.

    • See 2 previous
    • Art_Vandelay Art_Vandelay on Dec 30, 2023

      Solid choice IMHO for that role. It was really the last car like it made.



  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
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