When high-end luxury cars first hit the market they’re often out of reach for the average Joe and Jane. Car lovers might admire a stylish Cadillac, Mercedes or Rolls-Royce from afar, imagining one day they’ll be able to cruise the open road in the lap of luxury. The good news? From the moment these cars drive off the dealer lot, depreciation starts to chip away at those values.
Based on the latest Hagerty Vehicle Rating* (HVR) data, the market for 1980s–90s luxury cruisers of this sort appears to have finally bottomed out in 2017.
On the upswing:
- 1993-98 Lincoln Continental Mark VIII / HVR: 93 / up 43 points
- 1987-93 Cadillac Allante / HVR: 79 / up 55 points
- 1971-93 Rolls Royce Corniche / HVR: 68 / up 54 points
Wait and see:
- 1991-1998 Mercedes-Benz W140 / HVR: 72 / down 8 points
- 1985-1992 Cadillac Fleetwood / HVR: 28 / down 45 points
- 1985-1997 Bentley Turbo R / HVR: 27 / down 23 points
- 1980-98 Rolls-Royce Silver Spirit/Silver Spur / HVR: 22 / down 33 points
With values of classic vehicles constantly fluctuating, Hagerty Valuation Tools® help to guarantee that your client is fully covered. Current values are determined using detailed data and our specialized expertise.