The herd mentality has taken hold in the classic car market to some extent. A large number of people get the same idea at the same time and before you know it, values for a certain car have jumped 20 percent or more. It just happened with the Porsche 930 Turbo and the Ferrari 308. Here are some cars you would do well to consider sooner rather than later:
1. Porsche 996 Turbo: As predicted three years ago, every flavour of air-cooled 911 Turbo is hot and getting hotter by the day. The 930s, 964 and 993 Turbos of the world are all six-figure cars for the right examples — it’s time to pivot and look at the air-cooled cars, we think. The 996 series has been tarred by the fear of intermediate shaft bearing failures that can take out an engine with no warning. But the Turbo used a different design and it’s bulletproof.
2. Lamborghini Diablo: With the Countach soaring in value in 2014, how far behind can the Diablo be? A more fully sorted car than the Countach that still sports some outrageous styling (and the famous scissor doors) courtesy of the great Marcello Gandini.
3. Third Generation Mazda RX-7: Japanese collectibles, particularly of the rare Japanese Domestic Market or “JDM” stripe, are rapidly appearing on the radar of collectors. With a lightweight chassis, twin-turbocharged rotary engine and drop-dead gorgeous looks, the few really nice survivors are quietly escalating in value.
4. Jaguar XJS: The XJS had the unenviable task of following up the E-Type, and it was treated rudely by the press as a result. Almost 40 years after its debut, it’s now viewed as a handsome and impressive GT with the added cachet of a V-12 under the hood. Clean convertibles are starting to appreciate rapidly but the real sleepers here are the few 3.6-liter manual cars.
5. 1970-73 Datsun 240Z: It’s exciting that there are still good 240Zs to be found. With the Toyota 2000GT unaffordable and with the rare twin-cam JDM 240Z unobtainable look for a good, cheap 240s to finally dry up this year.