Just like what went down with the vintage Land Rover Defender, the vintage Ford Bronco have been seeing a sudden hike in price following the announcement of the 2020 Ford Bronco.
Usually, the vintage Bronco could be purchased for about $23,400 but a car enthusiast recently picked up a Bronco for $259.8 million at an auction in Arizona. Last year, enthusiasts forked out about $9 million on Ferraris and Jaguar models that went beyond $1 million.
It looks like younger buyers have found a love for vintage SUVs. The Arizona auction house revealed that interest in them are growing and a Bronco model in perfect condition could go up to $47,015. A classic Bronco could set you back by $29,188 but five years back, it was only $14,500.
Old is Gold?
That’s not all – recently, a 1968 custom Ford Bronco pickup was sold for $82,500 at the Barret-Jackson auction in Arizona while a special edition Bronco was sold for $110,000 in Florida some time back.
It looks like the most wanted models are those produced between 1966 and 1997. This is the first gen Bronco, priced about $2,404, that came with a boxy look and big tires while lacking in a roof.
You could get a Ford Bronco for about $115,000 from Hemmings while Autotrader would sell you one for about $21,495 to $77,000. These are pristine condition models but even models that need a complete overhaul will cost you about $7,000.
Well, there’s no doubt that the vintage Ford Bronco is now sitting smugly on the most wanted list, right next to the Land Rover Defender, all thanks to its upcoming revival.