Popular cars from the 1980s and 1990s are rising in value due to ‘great demand’
Classic cars are purchases of passion: Bonhams
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According to the new analysis from Hagerty some of the most popular modern classics have added up to £30,000 in extra value over the past 12 months. The experts have noticed “great demand” among one particular category, homologation specials – road cars built with motorsport in mind.
Many series would require racing cars to sell on the road with many manufacturers building special race cars for the road’ in order to stay competitive.
John Mayhead, Head of Automotive Intelligence UK said “Hagerty Price Guide values of many high-performance 1980s and ’90s modern classics have been rising quickly.
“We spotted a trend: that homologated cars seem to be very attractive to buyers at present.
“Hagerty believes that the combination of low production numbers, high performance and solid motorsport credentials gives these cars exactly what the market wants.”
Ford Sierra RS Cosworth
According to Hagerty, the Sierra Cosworth is a “rising star” of the classic car world.
Built by Ford Motorsport, the car achieved notable success winning the 1989 Spa 24 Hours and the 1990 British Touring car Championship.
However, unmodified versions are now rare and can demand significant price tags at auctions.
Recent models sold at the Bonhams and Silverstone auction sell for up to £75,000 with Hagerty claiming the car has seen a £20,200 valuation rise over the past year alone.
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Audi Quattro Sport
The Audi Quattro is one of the most famous rally cars ever built, becoming a cult icon for fans of WRC’s Group B era.
The car powered Audi to the WRC constructors championship in 1982 and 1984 while drivers Hannu Mikkola and Stig Blomqvist won the drivers titles in 1983 and 1984.
Just 12 months ago, a Quattro found in “excellent” condition would have been valued at around £265,000.
However, this has risen to £284,000 while models in good condition with some even valued at up to £404,000.
Lancia Delta HF Integrale
Another rally car, the Integrale scored 46 WRC victories and won the constructors championship six consecutive times between 1987 and 1992.
Fifteen years ago, the model had a top guide price of just £7,500 but values have shot up since.
By late 2018 the car was worth upwards of £50,000 before prices jumped again to £64,500.
Some of the arrest and most pristine versions can even sell for over £85,000 according to Hagerty.
BMW M3 E30 Coupe
Famed for its success as a touring car machine in Germany’s DTM, values of the BMW M3 have risen sharply in recent years.
Hagerty experts say the cars special editions which continue to attract the highest prices.
Average values have jumped from £57,575 to over £64,000 over the past year.
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