An American insurance company has noticed that sales and value of classic 4X4’s have skyrocketed in the past few years.
In fact, a mustard coloured FJ-40 Toyota went under the hammer for a whopping $88,000USD! Hagerty Insurance, based in the USA has noticed that the vintage SUV market (as they call them) is growing twice as fast as the rest of their database.
Hagerty’s research also indicated that the number of vintage 4×4’s being auctioned is up by 150%, and their value has jumped by a whopping 30%. Not bad for an old classic banger!
Experts have put this change down to the fact that, as modern 4X4’s are being bought and used as daily drivers, their older counterparts are being looked at much more lovingly than they once did, causing a spike in sales and value.
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