The classic Aston Martin Lagonda, built between 1976 – 1990, is still as striking to look at today as it was back in the day. Only 645 were ever made, and they never really tickled classic car lovers fancy up until a few years ago when values started going up.
Now, Bloomberg reports that it’s actually wise to look at on of these as an investment. It quotes McKeel Hagerty, the CEO of Hagerty Insurance, who explained that “the further we get away from the 1970s, the more that orthodox car collectors are really looking at 70s vehicles.”
He goes on to say that “when a decade is starting to become collectible, everyone picks the most obvious examples first—the Corvettes and Ferraris—and then widens out from there. The Lagonda is that kind of car, just under the top tier.”
Apparently, back in 2010 the average value of one was around $27,167, whereas now it’s closer to $44,000. This applies for the first three editions, whereas the fourth (pictured), manufactured between 1987 – 1989 (95 of the entire production run) went up in value even more 85 percent versus 61 percent.
This equates to one costing $63,900 now, yet in 2010 you could have gotten one for a more reasonable $34,558.
Another aspect to keep in mind is the fact that Aston has revived the Lagonda nameplate with a new model. This too will boost the interest spike in all things Lagonda, even if the all-new sedan is destined exclusively for Middle Eastern markets.
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