Furthermore, sales analysis of more than 15 major auction houses have shown that classic SUV values have risen about 31 percent over the last five years.
"With so many young collectors opting for modern SUVs as their daily drivers, we're seeing a shift in perception of what makes a vehicle cool," says McKeel Hagerty, President and CEO of Hagerty. "Broncos, Land Rovers and other similar vehicles from the '60s and '70s were, for the most part, once seen as utilitarian. But vintage SUVs are becoming more and more collectible, and it appears that trend will continue. This is a great time to get into this segment of the collector car market."