Yahoo Autos 5 Classics You’d Never Guess Were Great Investments
The classic car market has been doing quite well since recovering in 2011 from its Great Recession-induced correction. So, it’s not surprising that certain cars have increased in value in the last year. But the identity of some of the cars that did especially well can be somewhat confounding. Here are five that were surprisingly great investments:
1. 1963 Volkswagen Karmann-Ghia coupe: KGs are hot. If you’ve always liked one of these fancy Beetles (Road & Track famously called it “a Beetle in an Italian suit”), you might be too late. Every year is up in both coupe and convertible, but the 1963 coupe is especially hot, rising an impressive 87 percent year-over-year.
2. 1984 Pontiac Fiero Indy Pace Car: The Fiero, as is widely known at this point, was sold to gullible GM brass not as a sports car, but as a two-seat “commuter” car. The bean counters had their revenge in making the engineers use suspension bits from dubious GM cars of the time (like the infamous X-car), none of which did wonders for the car’s handling. But the ’84 pace car replica at least looked great. It represents the first year of Fiero production and as such, it’s noteworthy. Fiero pace cars handily outperformed the stock market at 11 percent this year.
