The classic cars tipped to gain value in 2025

Classics that are looking up in 2025

Each year, insurance specialist Hagerty pulls together a collection of cars that it thinks have the potential to increase in value during the coming year.

The annual Bull Market list is collated by Hagerty’s Automotive Intelligence unit, analysing data from insured values, auction prices and other sources.

For 2025, the Bull Market includes everything from hot hatchbacks to retro SUVs – and even a bona fide Italian supercar.

Always remember, investments can go down as well as up, and that driving and ownership enjoyment should come first.

1993 Peugeot 106 S1 Rallye

The humble Peugeot 106 was a mainstay of the supermini world throughout the 1990s, but the performance models live longest in our memories.

Acting as a follow-up to the revered 205 Rallye, Peugeot revealed the 106 Rallye at the Paris Motor Show in 1993. Intended for Group A rallying, the 1.3-litre four-cylinder engine was developed with homologation purposes in mind.

However, combining 100hp with a close-ratio gearbox and a kerb weight of only 825kg made for vivid performance. The 0-62mph sprint required 9.6 seconds, with a top speed of 112mph – pretty brisk for the early 1990s.

1993 Peugeot 106 S1 Rallye

Total production of the Series 1 Peugeot 106 Rallye seen here topped 16,000 examples, with only around 1,000 cars made in right-hand drive. Today, around 135 remain on the road in the UK, with 600 more currently placed on a SORN.

Cars in top-grade ‘concours’ condition average £12,400, with bottom-tier ‘fair’ cars requiring around £8,900.

Such limited numbers, rallying credibility and an engaging driving experience explain why Hagerty believes the 106 Rallye could be on the up.

2000 Subaru Impreza P1

Much like the Peugeot 106 Rallye, the original Subaru Impreza owes its fame to rallying. Blue paintwork, gold wheels and Colin McRae made for a truly legendary combination.

Such was the fervour for the Impreza, British enthusiasts started importing performance models directly from Japan. To counter this, Subaru worked with Prodrive to create a special Impreza just for UK buyers.

Launched in 2000, the Impreza P1 was limited to 1,000 units, all painted in Sonic Blue. Using the two-door body, Peter Stevens designed a bespoke bodykit for the P1, which also benefited from titanium-coloured alloy wheels.

2000 Subaru Impreza P1

Making the Impreza P1 more impressive was a Prodrive-enhanced 2.0-litre turbocharged flat-four engine, generating 276hp. With Subaru’s trademark asymmetrical all-wheel drive, plus a chassis tuned for UK roads, the P1 was a true rally weapon.

The enthusiasm for 1990s Imprezas has been strong in recent years, and Hagerty believes the P1 will only go one way in value.

Cars in second-tier ‘excellent’ condition, with only minimal flaws, now sell for an average of £50,000.

2002 Alfa Romeo 147 GTA

The idea of wedging a V6 engine under the bonnet of a hot hatchback is, sadly, becoming a distant memory. Turbocharging, downsizing and electrification all mean the glory of a six-cylinder naturally aspirated motor in a family car has been consigned to the history books.

The Alfa Romeo 147 GTA represents the peak of high-capacity hot hatch motoring, with a glorious Busso 3.2-litre V6 engine that powers the front wheels.

With 250hp and 221lb ft of torque, the 147 GTA could reach 62mph in 6.3 seconds, and keep pulling all the way to 155mph. Yet it was the sound of the Busso V6 that made it even more memorable.

2002 Alfa Romeo 147 GTA

When new, the Alfa 147 GTA gained a reputation for being unwieldy, as its front wheels struggled with all that power and torque. However, many of the cars sold in the UK have benefited from fitment of an aftermarket Quaife differential, helping quell the disruptive torque steer.

Hagerty’s research has found the 147 GTA is favoured by younger enthusiasts, and that values look more appealing that contemporary 156 GTA.

For an excellent-grade example, bank on requiring to spend £16,100.

1994 Ferrari F355

Yes, the 2025 Hagerty Bull Market list even includes a genuine 1990s Italian supercar. And not just any supercar, but one of the finest Ferraris to ever leave the Maranello factory gates.

After the lukewarm reception to the Ferrari 348, the F355 saw major improvements that propelled it to greatness.

Its larger 3.5-litre V8 engine served up 375hp, the suspension used electronically adjustable dampers, and there was a more direct rod linkage for the six-speed manual gearbox.

1994 Ferrari F355

Engaging and very ‘analogue’ is key to the F355’s driving experience. Performance is equally strong, with a 0-62mph time of 4.7 seconds and top speed of 183mph.

According to Hagerty, almost two-thirds of insurance quotes for the F355 come from those born since 1965. Values of this mid-engined Ferrari have rocketed since 2019, far outpacing the earlier 348 and later 360 models.

That said, a price of £73,300 for an F355 in excellent condition is still (relatively) affordable for a mid-engined Italian supercar. Yet given the love for all things 1990s, prices are only likely to increase.

1992 Maserati Ghibli

Maserati has made use of the Ghibli name since 1967, taking inspiration from a dry south-westerly wind that blows across the Libyan desert.

Launched in 1992, the second-generation Maserati Ghibli combined angular styling by Marcello Gandini with a twin-turbocharged engine.

Standard 2.8-litre V8 Ghiblis offered an output of 280hp, while the incredibly rare Ghibli Cup (pictured here) came with the 2.0-litre twin-turbocharged V6.

With 325hp, the latter produced more horsepower per litre than supercars such as the Jaguar XJ220 and Bugatti EB110.

1992 Maserati Ghibli

The second-generation Ghibli was made when Maserati had only just entered Fiat ownership. These cars thus retain a sense of hand-crafted tradition, with limited production numbers to boot.

In fact, finding a Ghibli for sale in the UK is likely to prove a challenge, as is the potential for large maintenance bills. Parts prices reflect the Ghibli’s rarity, and specialists familiar with this modern classic Italian are thin on the ground.

A regular Ghibli could be yours for less than £21,000 in excellent condition, while the exotic Ghibli Cup averages around £36,000.

1965 Porsche 912

When it was launched in 1965, the Porsche 912 acted as the cheaper alternative to a 911, much like the 718 Cayman and Boxster do today.

Instead of a flat-six engine, the 912 came equipped with a less powerful 1.6-litre flat-four. But its low kerb weight still made for an engaging driving experience.

Models fitted with the optional five-speed manual gearbox are noted as being more desirable, but all 912s offer the Porsche experience on a budget.

1965 Porsche 912

Hagerty does not believe the Porsche 912 will make major gains in value, but notes that what it offers for the money makes it something of a bargain.

Compared to the prices of Porsche 911s from the same period, an ‘excellent’ value of £57,800 is substantially more affordable.

Strong build quality, a plentiful supply of parts and rear-engined Porsche dynamics are all part of a package that makes for a desirable classic.

1959 Austin-Healey 3000

Perhaps one of the archetypal British classics, the inclusion of the Austin-Healey 3000 on Hagerty’s Bull Market list may come as a surprise.

According to Hagerty’s analysis, though, Austin-Healey values have remained flat for the best part of a decade. In fact, estimated prices during 2024 actually decreased.

It leaves examples in excellent condition priced at a typical value of £45,500, while even top-level concours cars require only £70,000.

1959 Austin-Healey 3000

Sold between 1959 and 1968 in four different versions, all examples of the Austin-Healey 3000 came equipped with a 2.9-litre straight-six engine.

A substantial following means there are plenty of upgrades available for the ‘Big Healey’, allowing owners to modify a car to their perfect specification.

Hagerty notes that although the Austin-Healey 3000 remains popular with the ‘Baby Boomer’ generation, interest from millennials has increased by nine percent since 2019.

1977 Rolls-Royce Silver Shadow II

When it comes to combining sheer luxury and value for money, the Rolls-Royce Silver Shadow II is hard to beat.

Produced between 1977 and 1980, the Silver Shadow II marked a substantial update for the upmarket saloon. New chrome and rubber bumpers, rack and pinion steering, and suspension tuning were all part of the midlife update.

A 6.75-litre V8 remained beneath the sizable bonnet, which delivered 189hp via a three-speed automatic gearbox. Hydropneumatic suspension, licensed from Citroen, ensured a smooth ride quality.

1977 Rolls-Royce Silver Shadow II

A key part of the Rolls-Royce Silver Shadow II’s appeal is, of course, its luxurious, leather-clad interior. With acres of wood veneer, it truly presents the classic image of a prestigious cabin.

Reassuringly, the engineering of the Silver Shadow II is said to be dependable, with only rusting body panels likely to cause concern.

Somewhat predictably, the Silver Shadow II is still favoured by older enthusiasts, according to Hagerty’s analysis. Prices are very affordable, however, with cars in excellent condition averaging just £14,000 in value.

1994 Toyota RAV4

Yes, we really have entered the age where crossover SUVs from the 1990s can be considered as modern classics.

Known for helping start a compact SUV trend that has not relented for more than three decades, the original Toyota RAV4 arrived in 1994 and remained on sale until 2000.

Tidy proportions, the choice between three- and five-door bodies, and Toyota’s legendary dependability all helped make the original RAV4 a hit.

1994 Toyota RAV4

Those same qualities mean the Toyota RAV4 is emerging as a top choice for enthusiasts today. A 2.0-litre petrol engine, standard all-wheel drive and car-like dynamics are all part of the RAV4’s appeal.

Such a recognisable design, along with affordable prices, means the Toyota RAV4 is only likely to go up in value.

Should you find a concours-ready RAV4, it should cost just over £5,000. Opting for a respectable model in excellent condition requires a very affordable £3,300 – not bad for a usable piece of 1990s history.

1994 Range Rover P38A

To combine off-road ability and luxury, along with a hint of bravery, how about the second-generation Range Rover, sold between 1994 and 2002?

The original Range Rover was a tough act to follow, but the P38A brought the luxury SUV into the modern age. With more refinement, extra technology and true off-road ability, this second-generation model looks to be on the up.

Owning a 1990s Range Rover may sound like a recipe for financial ruin, but Hagerty’s research suggests the cost of running a P38A is less terrifying than you might expect. Air suspension woes are common, but many will have already been fitted with coil springs instead.

1994 Range Rover P38A

Offered with the option of a BMW-sourced 2.5-litre six-cylinder diesel, upgraded versions of the Rover V8 petrol engine bring performance but higher running costs.

Affordability is high overall, though, with prices that seem impossible to go much lower. The cheapest P38A models in ‘fair’ condition can be had for less than £1,000, while even the best-preserved concours examples will not cost beyond £7,500.

This would make for a £100,000 saving versus a brand-new Range Rover – all with the knowledge your investment has a high chance of increasing in value.