The 10 Most Bought/Sold Modern Classic Cars According To Hemmings
Classics cars that are likely to sell
Hemmings has long been one of the most popular places for collectors to buy and sell vehicles. After so many years in the auto trade business, they’ve got data on the classics that move the most often. In this case, we’re looking at the ten modern classics that change hands the most often.
Modern is defined here as models with a production range that reaches into the last 30 years. Be prepared to see American muscle dominating the list as collectors seek them out for their more recent nostalgia. These cars also tend to be favorites for restoration and modification jobs across the country.
10 – 1982 to 1992 Chevrolet Camaro
The third generation Chevrolet Camaro had a choice of six engines and four transmissions. Coming in at #10 on this list means that Hemmings shows close to 60 that have gone to new homes. The average asking price tends to sit around the $14,000 mark for this model that had a ten year production run.
9 – 1994 to 2004 Ford Mustang
The fourth generation was kind to the Ford Mustang with options galore in its decade long production. Eight engine choices were available and ranged from a 3.8L V6 up to a 5.4L V8. So far, Hemmings has moved about 70 of these Mustangs on to new collectors. The average asking price tends to be around the $17,000 mark with the odd model going well above.
8 – 1978 to 1989 Porsche 911
This German beauty carries the heaviest average asking price on this entire top ten list, coming in at $66,000. Hemmings sees about 75 of them selling off to collectors to be appreciated and preserved. This performance sports car’s 11 year run redefined the family line of the Porsche 911 forever.
7 – 1993 to 2002 Chevrolet Camaro
On only the fourth entry we see the first repetition of a family line happening, showing where collector interests are. The fourth generation Chevrolet Camaro picked up where the third left off and ran with it. So far, Hemmings has found around 80 of these cars a buyer with an average asking price of $19,000.
6 – 1979 to 1993 Ford Mustang
This is the second from earliest production start on the list, following the Porsche 911 by one year. Rolling off assembly lines for 14 years, this Ford Mustang is an instantly recognizable modern classic. Its average asking price has trended around $12,000 for the approximately 80 that Hemmings has moved.
5 – 2005 to 2014 Ford Mustang
Welcome to the most expensive Ford Mustang on Hemmings’ list of most popular modern classics. The 2005 to 2014 model managed to come in with the third highest average price on the whole list as well. The 80+ that Hemmings helped move to a new collector pulled about $36,000 each when they sold.
4 – 2005 to 2013 Chevrolet Corvette
This is the first Chevrolet Camaro we’re seeing on the list and definitely the American car that pulls the most cash. The redesigned and more sculpted entry into its family line seems to be worth a pretty penny. The average going price with Hemmings is $40,000 and close to 115 of them have sold through so far.
3 – 1997 to 2004 Chevrolet Corvette
The second Chevrolet Corvette in a row on the list and it still managed to pull impressive prices with Hemmings. While not as expensive as the 2005 to 2013 range, its $23,000 average price is still impressive. At the moment, the number of units that have moved are in a dead heat withe its successor at about 115.
2 – 1986 to 1989 Mercedez-Benz 560SL
Moving just slightly more than the #3 slot, the 1986 to 1989 Mercedez-Benz 560SL is a popular choice. Closing in on 120 sales through Hemmings is impressive for the second foreign car on the list. They tend to come in just a little cheaper with an average sale bringing in $20,000.
1 – 1984 to 1996 Chevrolet Corvette
The number one slot on the list goes to the 1984 to 1986 Chevrolet Corvette which has far and away the highest units sold. Hemmings has seen almost 200 of these cars change hands through them. The low average asking price of $15,000 certainly helps, as does the limited run of just a few years.
It’s hard to imagine a brand new car or one that is only a few years old being a collector’s item. That said, we’re not surprised to see how many of the top ten slots go to American muscle cars from the last 30 years. A couple surprising results include just how recent quite a few of them have been and only two foreign entries.
2017 is already shaping up to be an interesting year in the automotive industry. With shifting trends and interests, this list may see a major update by the time it’s updated. We’re very interested in seeing what classics are popular so we’ll be keeping a close eye on new info from Hemmings.
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