Are you a classic car enthusiast? Even if you’re not a petrolhead, it’s hard not to appreciate the design and appeal of cars from another moment in time. The crazy thing is, some classic cars are currently skyrocketing in value like never before. Curious? Here’s more about the top six classic cars that people are mad for at the moment.

Classic cars have an undeniable “wow” factor. Unique designs you just don’t see anymore. Their historical significance – driving along the roads during all kinds of changes and “moments” in society. And then there’s just the sheer nostalgia of it all. Anyone who loves classic cars sees them as much more than modes of transport. They’re works of art, pieces of history, and, for some, lucrative investments. In fact, people who buy a classic car are most likely to keep it locked up in a garage, only making the light of day for special occasions.

So why are classic cars rising in value, specifically now?

  • They’re Getting More Rare: Limited production numbers make certain models highly desirable. And old cars are only getting older…
  • Soaked in Culture: Cars that have a rich history or have been featured in movies increase in value more than others.
  • Authenticity is King: Well-maintained, original vehicles always fetch a premium.
  • Trans-Generational Passion: A growing interest in classic cars among younger generations has also fueled the market.
  • Interest in Fixing Up Vintage Goods: Restoring amazing designs and adding a modern touch (TIS wheels on a classic model, anyone?) is a massive trend. Just look on TikTok for some of the latest “creations”.

So what are the six classic cars that are currently soaring in value the most?

1. 1967 Shelby GT500

This is what classic car aficionados call a “muscle car icon”. Its styling is aggressively bold, it has a powerful V8 engine, and it caught everyone’s attention in the 60s. It’s still a showstopper today.

The Shelby GT500 was developed by legendary Carroll Shelby, and this racing pedigree definitely makes it more valuable. And it’s been featured in loads of films and TV shows.

Recent auctions have seen the GT500 fetching upwards of $200,000. Its value has increased by an absolutely massive 30% in the last five years. That makes it a great investment for car enthusiasts – that’s better interest than you’ll get in most banks!

2. 1973 Porsche 911 Carrera RS

Performance and slick style is the Porsche MO, and the 1973 911 Carrera RS is basically a perfect example. It’s got a lightweight design and exceptional handling – even for the fact it’s 50 years old. This car is a favorite among driving purists.

The 911 Carrera RS was initially produced as a homologation special for racing. Its flared wheel arches, “ducktail” rear spoiler, and powerful engine made it stand out. Its racing heritage, iconic design and engineering excellence make it incredibly desirable.

Some models have recently sold for $1 million – if not more. That’s a 40% increase in value over the past 10 years.

3. 1969 Dodge Charger R/T

This is another of the iconic “muscle cars”, with its “aggressive” good looks and surprising performance stats for a 69er. It’s powered by a 440 cubic inch V8 engine, making it an absolute beast on the road. Its sleek design, distinctive front grille and hidden headlights add to its appeal. Its association with popular culture, especially its starring role in the TV show “The Dukes of Hazzard,” boosts its desirability.

The value of the 1969 Dodge Charger R/T has increased healthily over the last five years – around 20%. That’s less than some classic cars, but still a better interest rate than most of us get from investments elsewhere. So what’s the average price at auction? Well that would be a cool $70,000 or more.

4. 1957 Chevrolet Bel Air

Ask anyone who was living their best life in the 1950s what the Chevrolet Bel Air means to them, and they’ll tell you it’s a symbol of 1950s Americana. Distinctive fins and chrome details make it one of the most recognizable classic cars out there, ever. It was all about luxury, style and the “American dream” – something that is much more elusive these days.

The value of the 1957 Chevrolet Bel Air has risen steadily. Well-maintained models (mostly garaged versions with pristine bodywork) sell for over $60,000. Or way, way more.

5. 1963 Jaguar E-Type

Often hailed as one of the most beautiful cars ever made, its sleek design and impressive performance make it a favorite among collectors. The E-Type is still known for its aerodynamic prowess and powerful inline-six engine. Many collectors say it combines beauty with brains (which is essentially a powerful engine!), and it was a total sensation when it was first released.

Its timeless design and engineering excellence make it a hugely sought-after classic. The fact that it was Enzo Ferrari‘s favorite car only adds to its allure.

The value of the 1963 Jaguar E-Type has seen a significant increase. Some models have sold for over $250,000, reflecting a 35% increase in value over the past five years.

6. 1970 Chevrolet Chevelle SS 454

This Chevvy is another “muscle car” with no-nonsense looks. And it offers a confident performance that you wouldn’t believe hailed from the 70s. The Chevelle SS 454 is powered by a 454 cubic inch V8 engine, giving it rocket-like performance for its era. The design is one-of-a-kind and the cowl induction hood draws people to it.

Its combination of power, design, and iconic status make it a valuable addition to any collection. The Chevelle SS 454 represents a golden era of American muscle cars, adding to its desirability.

With a value boost of a mega 25% in the last five years, the 1970 Chevrolet Chevelle SS 454 is not a car to mess with! Prices at auctions often exceed $80,000, but it’s not unheard of for them to sell for even more.

Classic cars are vehicles, but they’re also pieces of history that capture a moment in time that can’t be replicated now. The six cars highlighted here are prime examples of why classic cars remain totally timeless.