Would you have ever thought that a 2008 Honda S2000 CR would sell for over $100,000? No? Neither did Honda. But the S2000 isn’t the only car that has risen to astronomical values in recent years. Other cars like the Mitsubishi Lancer Evolution, the Ford GT, and Acura NSX are other prime examples of cars that surprisingly increased in value.
As car enthusiasts, we wish we could predict these things. Luckily, Doug Demuro – a well-known YouTuber and auto journalist – has come up with a way to predict if certain cars will go up in value. In fact, he recently made a whole video on the subject.
Doug Demuro’s method for predicting which cars will increase in value isn’t exactly rocket science, but it’s still ingenious. “The cars that will go up in value in the future are the enthusiast cars that aren’t very desirable or appreciated right now. That’s my secret!” Demuro explains in his video.
To break it down, Demuro discusses that if you want to figure out which cars in the current market will go up in value, then you just need to look at the cars that people aren’t that interested in. For example, the current-generation Toyota Supra. Sure, it has BMW DNA and polarizing looks. However, it’s not exactly a hot seller right now and you can still pick one up at MSRP ($45,000-$50,000).
Demuro states, “I think that the Supra has not sold tremendously well, and the fact that the manual transmission has been pushed toward the end of the model life cycle. Manual, late-production Supras, I suspect, will become desirable long-term even though it doesn’t seem like right now that could possibly be a car that takes off, watch when it does.”
We can see Demuro’s formula in action – the current Supra is an enthusiast car that’s not too desirable right now, hence it could be popular in the next 10 to 20 years. Especially as all of the new cars become hybrids or electrified.
Demuro also shared some examples of other discontinued cars that were once unpopular, but have risen in value in recent years.
By now, you might be wondering which cars in the current market might come with a lucky rabbit’s foot and shoot up in value in the near future. Demuro went on to make a few predictions of his own:
Not really. If you have the means to do so, then, by all means, buy an Acura NSX. But don’t expect it to make you rich right away. Most of the cars on the market will depreciate in value and some of them will increase over time. That’s basically all Doug Demuro was saying and these are his predictions. It’s not like he has a crystal ball or anything.