The Rise of Future Classics: A Guide to Investing in Cars
Are you like me? Do you dream of owning and driving an exotic supercar? But you know, you'll never be able to afford one? Well, you're in luck. Thanks to Omaze, you can win some of the sickest cars out there, from an Audi R8 to a Tesla or a BMW M8.
Everything is not just about winning, though. There are so many factors that affect a car's perceived value, from popular features dying off to people just not knowing how cool they are. It might seem like a crapshoot, but there are patterns you can look for that might hint that this car is gonna be heavily sought after in a few years.
First and foremost, you should never buy a car with the intention of making money off of it. Okay? I cannot stress that enough. Cars are a terrible investment, unless you have millions to spend on a one-of-a-kind Bugatti Atlantic like your Ralph Lauren or something. 99% of the time you will lose money.
So why do some cars hold their value while others don't? It's all about following trends. Current trends are a great place to start when trying to predict which cars are gonna retain their value. For example, right now crossovers are by and large the most popular type of car out there, but can you really see cars like the Honda HRV being a collector car in 20 years? Maybe, I don't really know.
On the other hand, manual Porsche Cayennes for relatively cheap are fun cars that might increase in value. My pick for future classic crossovers is the Subaru Forester XT. This turbocharged greenhouse is capable off-road and is pretty quick for its time. The second gen Forester XT shares the same turbocharged engine as the Subaru WRX, but there aren't as many hardcore forester fans out there as WRX fans, so you could still find really clean versions of it on Craigslist pretty cheap.
Another car that has the same engine is the Saab 9-3 X Aero. Although it's considered more of a wagon slash hash back than a crossover, I would still buy one if I had the chance. In fact Jesse's selling his right now, so maybe I'll talk to him and actually know I don't want to deal with the EJ20.
But before we get into that, let me just thank Omaze for partnering with us to bring you this video. Are you like me? Do you dream of owning and driving an exotic supercar? But you know, you'll never be able to afford one?
Well, you're in luck. Thanks to Omaze you can win some of the sickest cars out there. Every everything from an Audi R8 to a Tesla to a BMW M8. You could win the car of your dreams all while supporting a great cause.
Omaze doesn't just give away cars; they offer once-in-a-lifetime experiences to raise money for incredible charities as well. So please support the companies that support this show, go to (link in the description), and make sure you're supporting amazing causes.
Now, let's get back to the topic at hand. There are so many factors that affect a car's perceived value, from popular features dying off to people just not knowing how cool they are. It might seem like a crapshoot, but there are patterns you can look for that might hint that this car is gonna be heavily sought after in a few years.
First and foremost, retro waves are perpetuated by people in their 30s who finally have enough money to buy things they wish they had when they were in their teens. Retro comes in waves of 20 years generally, sometimes longer. Fashion, music, cars - it all follows the same pattern.
Retro SUVs from the 80s and 90s are already super popular. You see plenty of super clean Broncos and old Range Rovers and Discoveries and XJCherokees selling for crazy numbers that train has already left the station.
But you still have a chance to scoop up SUVs in the early 2000s that might become sought-after in a few years. Hummers and Escalades are gonna be snatched up, but I'd wager that the hideous Chevy Avalanche is gonna become a very hot commodity.
So what can you do? My pick for an SUV that will see an uptick in popularity is the Lexus GX Series. These SUVs are luxurious, fairly plentiful, and they hold a little secret: they're rebadged Land Cruisers and that means they're amazing off-road.
The best part is no one who bought a Lexus GX bought them to off-road them. People bought them to haul groceries and go to Nordstrom Rack for great deals. You can still find many of these things in great condition with nothing but city miles on them. Plus, they probably have a great service record.
So there you have it - a guide to investing in cars that will become classics in the future. From crossovers to SUVs, there are so many options out there that might increase in value. Just remember: never buy a car with the intention of making money off of it, and always follow the trends.