Hagerty UK has revealed its 2025 Bull Market List, highlighting ten cars it believes will make excellent buys this year. Selected through research into trends and valuation data from the Hagerty Price Guide, the list spans a range of vehicles – each offering something unique.
The Bull Market list was started by Hagerty in the USA in 2018, with a selection of cars to buy based on current market value, historical trends, and collector appeal. With the UK market being a very different environment to the US, a UK-specific version was launched a few years ago and this year’s list showcases an interesting cross-section of cars. Here are this year’s picks:
2000-2001 Subaru Impreza P1
What the Hagerty Valuation Team says: Prices have risen a lot in the last few years – the UK Hagerty Price Guide ‘Excellent’ value was £32,000 in September 2022 and two years later was £50,500 but Hagerty believes that prices may well increase further still. Many of these cars have been driven hard, and the gulf between top and bottom values is huge: Hagerty’s ‘fair’ price is 61 percent lower than its top concours’ value. Pristine, low mileage cars will probably increase most, but regularly driven cars that are a little rough around the edges will be much more affordable and great fun.
Read our full feature on the P1 here
Hagerty Price Guide values – £25,000 to £72,500
1959-1967 Austin-Healey 3000
What the Hagerty Valuation Team says: In value terms, the Austin-Healey 3000 has been very flat over a long period of time: since May 2015, UK Hagerty Price Guide values for an excellent example have varied by less than ten percent, and currently sit at £45,400, although it’s recently dipped. In real terms, accounting for inflation, that means the model is much more affordable than it was a few years ago.
Hagerty Price Guide valuation – £22,900 to £87,500
1994-1999 Ferrari F355
What the Hagerty Valuation Team says: Some consider the F355 to be a peak driver’s Ferrari, mixing 1980s-inspired design and analogue engineering. A relatively new addition to the UK Hagerty Price Guide, values have risen recently, up 6.2 percent in the past three years to £73,300 for a standard Berlinetta in excellent condition. In the US, growth has been even more extreme, and the Guide price for the same model there is now $196,000 (£152,000) although this includes a 25 percent premium for manual gearbox examples.
Hagerty Price Guide valuation – £50,600 to £105,000
1994-2000 Toyota RAV4
What the Hagerty Valuation Team says: Legendary Toyota build quality, combined with an instantly recognisable design and very low current prices mean that Hagerty believes the RAV4 is a great entry-level classic, plus you’ll be welcome at any future edition of Hagerty’s Festival of the Unexceptional. Even in top GX spec, a concours-ready example should set you back under £5000 – if you can find one, these early cars are now very rare.
Hagerty Price Guide valuation – £600 to £5100
1991-2003 Peugeot 106
What the Hagerty Valuation Team says: Hagerty considers the Peugeot 106 to be great value compared with some of its rivals. The Series 1 106 Rallye in excellent condition is listed in the Hagerty Price Guide at £12,400, around 32 percent less than its older relative the Peugeot 205 Rallye. With their homologation credentials, limited numbers and instantly recognisable looks, they tick many of the requirements of a collectable car, although originality is critical.
Hagerty Price Guide valuation – £8900 to £16,400
1965-1969 Porsche 912
What the Hagerty Valuation Team says: With a Porsche 912 you get the early 911 experience for a fraction of the price. Other than very early 912s, the vast majority of the car is identical to its six-cylinder sibling, sharing the same interiors, bodywork, suspension and electrics, only the engine is different.
Hagerty Price Guide values – £26,900 to £90,100
1994-1998 Maserati Ghibli
What the Hagerty Valuation Team says: The attraction of the Maserati Ghibli model range is that there’s a car for many different price points. Standard, base Biturbos with middling miles are still for sale for under £10,000, a good Spyder is double that, all the way up to the Shamal, currently valued at £53,000 in excellent condition in the UK Hagerty Price Guide. Those with the cheapest price on the windscreen may be more expensive to maintain though, and for a 1980s/1990s-era Maserati, the bills may be significant.
Hagerty Price Guide valuation £9,400 to £54,900
1994-2000 Range Rover P38
What the Hagerty Valuation Team says: The P38 Range Rover is a car that is currently extremely affordable, with the cheapest runners advertised for under £1000 and even top-spec, limited edition models with extremely low mileage in concours condition rarely reaching over £15,000. Plus, they are getting rarer: social media groups are full of cars being broken for parts or heavily modified for off-road use. Find an original, well-maintained example, and it could offer a lot of value for money.
Hagerty Price Guide values – £800 to £15,800
1977-1980 Rolls-Royce Silver Shadow II
What the Hagerty Valuation Team says: Prices for the Silver Shadow II have been relatively static, only £100 higher today for an excellent example than in December 2021. The big difference has been in the top examples, with a concours condition value up over 20 percent during the same period to £31,900. This is a good sign as a rise in top examples often encourages more to be spent on maintaining other, less pristine cars
Hagerty Price Guide values – £5700 to £28,700
2001-2005 Alfa Romeo 147 GTA
What the Hagerty Valuation Team says: The main reason the 147 GTA was chosen for this year’s Bull Market is that it offers an extraordinary driving experience for a relatively sensible price. It’s the spiritual successor to the 105 series Alfa Romeo GTA coupes that made such an impact on both road and racetrack back in the 1960s and ‘70s.
Hagerty Price Guide valuation – £8500 to £20,500
Hagerty’s Bull Market List provides valuable insights for collectors and enthusiasts alike, offering a diverse range of models with strong appeal. For more details, visit Hagerty.co.uk.
