Mk I Ford Bronco Rises To The Top Of Hagerty’s Value Appreciation List

The Mk I Ford Bronco SUV, produced from 1966 to 1977, has ascended straight to the top of Hagerty’s latest Vehicle Rating list. The list, last updated May 1^st, tracks the appreciation of classic models relative to the classic vehicle market as a whole, attributing a rating out of 100 maximum points. Fifty points is equal to the average rate of appreciation for the entire market.

The 1966-’77 Ford Bronco earned 99 points, displacing the former No. 1 classic model: the 1976-’86 Jeep CJ-7.

“First-generation Broncos leaped up around 9.5 percent on average,” says Hagerty information analyst Mike Guilfoyle. “The CJ-7s’ increase was only a quarter of that.”

Guilfoyle says that the results at Barrett-Jackson’s Scottsdale auction last January were especially remarkable. “The four Broncos that sold there went some 40 percent higher than what we had in the then-current guide, given their condition. But sales have been very strong for a while, and Price Guide values have been shooting up to match.”

Hagerty notes that a major factor in its Vehicle Rating list is affordability; just two of the top 25 fastest-appreciating classic vehicles have average values above $25k.

(Source: ClassicCars.com)

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