According to the Hagerty Insurance Collector Car forecast: The Porsche 914 is on the Rise in the Collector Car Market
Hagerty Insurance included the Porsche 914 on their list of the 10 collector cars on the rise in 2020. It is the only Porsche to make the list that includes a Ferrari, Viper, BMW, Range Rover, Jeep and several millennium collector cars. The Porsche 914 is the only air-cooled Porsche on the list and in fact, is the only Porsche.
This list is totally based on what collector cars they believe will gain the most value over the next year. Hagerty admits that placing the emphasis on a car’s monetary value over its over virtues is the wrong priorities in looking at Collector Cars.
It is not often that a Porsche 914 will beat any Ferrari on any factor but in this case, the Porsche 914 leads the Hagerty list for the greatest increase in value from 2018 to 2019 with a projected increase of 29.3% in price.
As Hagerty states: “a 914 won’t make you rich, but you can likely buy one, drive it for a few years and then sell it to cover the running costs. It is like free fun...”
The Air Brigade Commander owns a 1973 Porsche 914 2.0 and can attest to the fun factor. It is a street legal go cart with the low center of gravity, flat cornering and low power to weight ratio.
A Porsche is the least expensive way to get the experience the world of air-cooled classic Porsches. The styling isn’t for everyone; you either love it or hate it. But, there is no denying that after driving the curvy road that you’ll be beaming ear-to-ear. It is hard to find a clean one, but if you are patient they are out there.
Hagerty places the value at $32,900 - $50,500. I believe this is a little rich, and doesn’t seem to reflect my observations of the market. If this pricing is accurate then the valuation I am carrying on my 914 is too low. I’ll need to re-evaluate my insurance for 2020.
In the meantime, take a look at what Hagerty Insurance considers the other nine collector cars on the rise in 2020.