The entire market can’t stay away from SUVs and utility vehicles—that includes the classic car market, too.
According to the latest Hagerty Vehicle Rating study, via Classic Cars, SUVs and pickup trucks absolutely dominate the highest appreciating vehicles currently. Of the top 25 vehicles with the highest ratings, 15 of them are trucks or SUVs.
While the Ford Bronco marks the highest appreciating classic vehicle, the Chevrolet K5 Blazer is nothing to shrug off either. Hagerty uses a 100 point scale to rate the appreciation of vehicles. 50 points follows the pace of the market, under 50 means a vehicle is appreciating slower than the market, and—self-explanatory—above 50 means it’s appreciating at a rapid pace.
The 1969-1972 K5 Blazer scores a 94 on the scale, meaning its value is skyrocketing. Ahead of the K5 Blazer is the 1945-1968 Dodge Power Wagon, 1973-1987 Chevrolet C/K Series pickup, 1976-1986 Jeep CJ-7 and the previously mentioned 1966-1977 Ford Bronco. The Bronco sits a 99 on the scale, which means it’s hotter than hot.
There was also an unlikely candidate that rose to the top with the latest list: the Chevrolet Suburban. Specifically, the 1973-1991 Suburban jumped 57 points to own a 91 rating on the scale. It was previously in 318th place; the Suburban is now ninth on the top 25.
Moral of the story? Right now is the time to buy a classic SUV. Who knows where and when values will stop climbing.
Comments
Wouldn’t it be nice if an updated K-5 Blazer was produced today for those of us that don’t need to haul the neighborhood youth around!
Keeping our fingers crossed that we will soon see one in the next year’s model line-up.
I had a 92 S-10 Blazer 2dr and it was fantastic, solid, strong, comfortable ride and very good looking ( Deep Cardinal or I think, Deep Crimson Red ) .
We need another Two doors, I agree !!!
I just sold a solid body 72 k5 4×4 motor far I got 10k not driving my son told me after the sale that I should have held on to it but 10k made it far good idea ,what is the opinion of the masses? Good sale or should have held out
A few more years