Sound Investment
Once cheap, ’80s muscle cars are becoming increasingly expensive. In early 2019, a very special, practically new 1993 SVT Cobra R crossed the block on the Barret-Jackson auction for a whopping $132,000. This Cobra became the most expensive Fox-body ever sold and started a price hike for this Mustang generation (via Motor Trend).
All of a sudden, more and more people started buying Fox-body Mustang. The prices for good, low-mileage examples are on a steady rise. We can’t expect the Fox-body Mustangs to be more expensive than the first-generation models, but they will be valuable and sought-after soon. The same goes for Camaro and Firebird models, which are getting ridiculous prices. There are Camaros from the 80s, which are $60.000 cars. Not to mention the Buick GNX, which sell for over $100k, and the best examples can go close to $200k.