Car enthusiasts should be keeping an eye on the used car market in 2024 as three models are tipped to become “incredibly valuable” over the next 12 months
Three cars are predicted to become highly sought-after collectables, with a favourite Ford leading the way. Used car expert Jonny Brighton from the smash-hit YouTube series CarsWithJB has earned his stripes for dishing out top-notch advice on budget-friendly yet exhilarating motors.
He’s got his sights set on the Ford Focus RS, hinting at its potential for a value surge driven by popular demand. Jonny said: “Classic fast Fords, particularly ones that are more attainable for your everyday person, end up being pretty pricey later on in life.”
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His reasoning is clear-cut, saying: “People who lusted after them when they were younger start buying the best ones when they are older.” A auction result backs his claim, with Jonny pointing out: “In 2023, a Sierra Cosworth RS500 sold for almost £600,000 at auction, which is a testament to this.”
Reflecting on past patterns, he said: “Look at the price of Escort Cosworths and the old Mk1 and Mk2 Escorts, they are all the same story.” But it’s not just Ford that’s catching his eye; Jonny is also flagging the Subaru Impreza and BMW M5 as ones to watch, reports the Express.
Jonny added: “The earlier models were found with the two-litre turbocharged boxer-four engine that produces 261bhp, taking it to 60mph in 5.3 seconds… and the exhaust note is one of the most iconic in the entire automotive world.
“When I started making YouTube videos a bit over five years ago, you could very easily get yourself into a BMW E60 M5 for well under £10,000.
“They had reached the bottom of their depreciation curve and people just weren’t that interested in them, especially when the newer M5s were more modern-looking, faster, more capable, more comfortable and more usable.
“But I never really understood this – the E60 M5 has one of the most ludicrous engines in the history of the BMW brand with an incredibly iconic sound. How could it be overlooked as a cheap, depreciating saloon that nobody cares about?”
