A new graphic from FordPartsOnSale.com proves that while investing in a classic Ford Bronco can be a lot of fun, a stock market investment usually offers better returns. While contradictory to a lot of the hype in auto news lately, this data is based on actual findings from the January 2019 Barrett-Jackson auction sales.
The folks at FordPartsOnSale.com looked at the original MSRP and current value of four Ford Broncos from the first and second generations. The results prove, at least in this case, that the stock market is a better investment than a classic Bronco. These results were calculated by taking the dollar amount needed to purchase a Bronco when it was new and comparing it to the same amount invested into Standard & Poor’s (S&P) 500 Index in the same year. (The S&P 500 is a series of funds commonly used as a benchmark for the U.S. stock market),
“We’ve heard rumblings from Bronco fans about how re-sale on classics is through the roof and climbing higher,” says Don Heelon, Parts Manager at FordPartsOnSale.com. “It’s true, there was a Bronco that sold recently for upwards of $100,000, but as big as that number is, it’s still not better than stocks.”
Here are some highlights from the chart:
- Of the four classic Broncos featured, the highest sale price was for a 1973 model at $60,500
- The lowest auction sale of the four vehicles featured was for a 1967 model at $31,900
- The average S&P return calculated is around $225,000
“Everyone knows that playing the stock market has its ups and downs,” says Heelon. “Turns out, investing in classic cars is not always predictable either, but it is way more fun than stocks.”
Members of the media are invited to share or publish the graphic with a link back to the original found here: https://www.fordpartsonsale.com/blog/classic-bronco-vs-sp-500
About FordPartsOnSale.com
For over 30 years, FordPartsOnSale.com has been a leading retailer of Ford, Lincoln, and Mercury auto parts and accessories. To learn more, visit https://www.fordpartsonsale.com/.