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Hagerty Insurance seems to think vintage SUVs are going to be the next big trend in car collecting. The agency has already seen prices begin to tick upward at auction, with the number of classic SUVs insured by the company growing some 65 percent since 2008. That's about twice the pace of the overall market. All told, Toyota Land Cruisers have seen the largest jump with a swell of 202 percent, though 1970s and 1980s Jeep models are up by a more than respectable 93 percent as well. Likewise, Ford Bronco and International Scout SUVs are up by 86 and 85 percent, respectively.
Hagerty attributes the increase with the overall rise in the popularity of the SUV in general. As modern machines become more in vogue, so do their predecessors by extension. While these old bruisers haven't spent much time in the lime light at classic car auctions, Hagerty says recent events in Scottsdale featured 11 vintage Toyota Land Cruiser models, one of which sold for $88,000. That's quite a price for a 1981 FJ-40. You can read the full press release below.Permalink | Email this | Comments
Published under ford, Ford Bronco, International, Jeep, Toyota, Toyota Land Cruiser | send this post
Tags: Auctions, Bronco, Car Buying, classics, Hagerty Insurance, International Scout, Land Cruiser, scout
Where there are winners, there are inevitably losers. Last year was exceedingly kind to big pickups, sprawling family sedans and SUVs, but not every model came out of 2011 with big sales figures. We took the time to dig through the low-selling models of the past 12 months to find out which vehicles produced throughout the year were the biggest duds. Since we aren't interested in how few Lamborghini Aventador models rolled off of dealer lots in the U.S. in 2011, we kept the MSRP under $100,000.
Our criteria immediately nixed vehicles like the Mazda RX-8, Volvo V50, Ram Cargo Van and everything in the Saab stable due to the fact that those models weren't manufactured through all 12 months of 2011. High-end metal like the Mercdes-Benz SL, CL and G classes were also kicked to the curb due to our price ceiling. Which was the worst of them all? We'll give you a hint. It wasn't the Acura ZDX. Hit the jump to check out our list of the worst-selling vehicles of 2011.Permalink | Email this | Comments
Published under Acura RL, Acura ZDX, Cadillac Escalade EXT, Hyundai Azera, Mazda Tribute, Mercedes-Benz R-Class, Mitsubishi Lancer Sportback, Subaru Tribeca, Suzuki Equator, Toyota Land Cruiser | send this post
Tags: Acura, Cadillac, Car Buying, crossover, Hyundai, luxury, mitsubishi, Sedan, Subaru, Suv, Suzuki, Toyota, Truck
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