June 18, 2021


Crazy about car & automotive

These 12 vehicles are attracting collectors

Sorry if this makes you feel old, but some cars from the 1990s are now considered classics.

Want proof? Look no further than the collectible car market, where interest in certain ‘90s vehicles is soaring.

Don’t get too excited yet. That old Ford Taurus gathering dust in your garage isn’t worth much. Neither is the Chevrolet Corsica rusting in the driveway.

But the Cadillac Eldorado, Toyota Supra and Lincoln Town Car you’ve been holding on to just might be worth something.

Chalk it up to nostalgic millennials, who are interested in the cars they grew up around, as well as older buyers looking for a more affordable classic ride than the hot-rods from the 1950s and 1960s, said John Wiley, manager of valuation analytics for classic car insurer Hagerty.

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There’s another practical benefit: In many states, cars from the ‘90s can now get collector car license plates, which come with driving restrictions but typically cost much less than regular vehicle registration fees. Plus, collector cars can be privately imported from foreign markets once it’s been 25 years since their introduction, expanding the range of classic cars that people can own.