Collector cars

Buy these cars before they climb in value

Insurance company Hagerty compiled a list of cars it thinks will climb in value and price.

Hagerty

Vehicle prices have grown across the board this year, but collector car prices have been on the move for years. The world of online car auctions and car shows such as Radwood have driven attention to obscure and otherwise unknown cars, pushing their prices. Insurance and overall automotive lifestyle company Hagerty is stepping in to help. It complied a list of vehicles that it believes are currently a good value and have potential to climb. The Hagerty Bull Market List covers ten vehicles of all types.

Hagerty’s list is expansive, covering several vehicle types, prices, and time periods. The list features vehicles built between 1963 and 2012, and is designed to nudge people into buying cars before they become unattainable. This is especially important now, as online auction sites have moved the markets for some previously obscure cars well past the point of reason.

The Bull Market List isn’t intended to give you an inside track on car values so that you can flip them for quick profit. Instead, the list should give you the push you need if you’re already on the fence about buying a car to keep and drive a cool vehicle. Hagerty wants people to buy the cars and have the ability to pass them on to other enthusiasts without charging exorbitant prices.

The Bull Market List includes (with excellent condition pricing):

  • 1965-1970 Cadillac DeVille ($28,800)
  • 1969-1974 Ferrari 246 Dino ($365,800)
  • 1983-1997 Land Rover Defender ($61,400)
  • 1979-1985 Mazda RX-7 ($17,600)
  • 1962-1967 Mercedes-Benz 230SL ($80,500)
  • 1963-1967 Pontiac GTO ($100,200)
  • 1992-1995 Porsche 968 ($38,000)
  • 1985-1995 Suzuki Samurai ($10,200)
  • 2008-2012 Tesla Roadster Sport ($97,000)
  • 1975-1993 Volvo 245 ($15,800)

If you’re considering one of the vehicles on the list and have the means, it’s a good idea to act in the near future. Vehicle prices are rising due to supply chain shortages to the point that even older cars are climbing. That, plus the effects of online car auctions, have made it hard to find a good value car.

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BMW sends its V12 engine off in style

BMW will build its final V12 engine this June.

BMW

Most automakers are focused on building EVs and extracting the best fuel economy from gas engines possible, so it’s not surprising to hear that BMW is pulling the plug on one of its biggest and most iconic engines. In June 2022, BMW will build its very last V12 engine for use in a super-limited-production special edition 7 Series model. The ultra-rare cars will carry a starting price of $200,995.

BMW 760i xDrive The last V12 will power a very special (and very expensive) 7 Series car.BMW

Only twelve lucky customers will have the option to nab a V12-powered BMW, which will be called the M760i xDrive. Displacing 6.6 liters, the twin-turbocharged beast produces a massive 601 horsepower. An eight-speed sport automatic transmission and all-wheel drive are standard. BMW says the powertrain is strong enough to push the hefty 7 Series car to 60 mph from a standstill in just 3.6 seconds.

The final-run cars will feature little more than a special “V12” badge at the rear to differentiate them from standard 7 Series models. Inside, the car features a serialized plaque with the car’s production number out of the 12 units planned. The engine itself features a nameplate with “The Final V12.”

Beyond the badges, BMW’s 12-cylinder last-hurrah will come standard with 20-inch M double-spoke wheels, a choice of any available BMW full Merino leather color, M Sport brakes with black or blue calipers, a panoramic LED roof, remote control parking, a Bowers & Wilkins surround-sound system, and adaptive LED headlights.

BMW 760i xDrive Only 12 of the cars will be built, with a starting price of more than $200,000.BMW

Though it hasn’t been BMW’s most popular engine over the years, the V12 has been a part of the automaker’s catalog for 35 years. The first 12-cylinder engine showed up in 1987, producing 295 horsepower in the original 750iL sedan.

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The iX M60 will hit dealers' lots in June 2022.

BMW

BMW's electric vehicle catalog is growing rapidly as the automaker rolls out new electrified cars and SUVs. The latest is the iX M60, a red-hot five-seat SUV with sleek styling and a spectacular list of standard features. BMW announced the new SUV this week, along with pricing and release date details.

The iX M60 is BMW's first performance-oriented electric SUV, though BMW calls it a sports activity vehicle, or SAV. Its powertrain has been massaged to produce up to 610 horsepower and 811 pound-feet of torque. Maximum power delivery is limited to times when the vehicle's launch control is activated, but even the "normal" numbers are impressive: In regular driving situations, the iX puts down 532 horsepower and 749 pound-feet of torque. Acceleration to 60 mph takes 3.6 seconds and the iX M60 can go on to an electronically-limited top speed of 155 mph.

2023 BMW iX M60 Though extremely sporty, BMW doesn't shy away from using loads of luxurious finishes and materials. BMW

The iX brings more than performance, as its charging capabilities are quite strong. Using AC power, the vehicle can charge from 0-100 percent in 10.25 hours on its fastest setting. Using its fastest DC power setting, the iX can charge from 10 to 80% in just 35 minutes.

Two electric motors power the SUV, which provide standard all-wheel drive. Dual-axle air suspension is standard, along with electronically-controlled shock absorbers. BMW says that the air suspension is controlled individually at each wheel, so the vehicle can adjust ride height in several ways to maintain stability and remain level in corners.

2023 BMW iX M60 The vehicle can run from 0-60 mph in under four seconds and features standard AWD.BMW

When it goes on sale in June, 2022, the 2023 BMW iX M60 will have a starting price of $106,095, which includes a $995 destination charge. That's a flagship price tag, but the SUV's got the performance and a flagship-level list of standard features. That six-figure dollar amount buys 21-inch wheels, heated and ventilated front seats, wireless phone charging, AC fast charging, a panoramic sunroof, LED headlights, a Bowers & Wilkins Diamond Surround Sound System, four-zone automatic climate controls, and more.

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