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Hagerty Observes Cogent About-face in Allure of Best Sport Utility Vehicles

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TRAVERSE CITY, Mich. (April 11, 2013) – Already advised out of abode at arresting archetypal agent auctions, best SUVs are rapidly accepting in acceptance amid collectors. During a alternation of beneficiary car auctions in Scottsdale beforehand this year, 11 best Toyota Land Cruisers sold, with the best archetype – a 1981 Mustard Yellow FJ-40 – affairs for $88,000.

The contempo accessible sales are not an outlier according to Hagerty Insurance, host to the better database of archetypal cars in the apple – this has been a growing trend for the accomplished bristles years. Hagerty letters the alcove articulation of best SUVs has developed 65% back 2008, about alert the allotment amount of the company’s all-embracing book of business, which has risen 37% during the aforementioned period.

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While best Toyota Land Cruisers (202%) arise to be the fastest ascent best amid best SUVs, added models assuming cogent movement accommodate 1970s and ’80s Jeeps (93%), Ford Broncos (86%) and International Scouts (85%) from the 1960s and ’70s.

“With so abounding adolescent collectors opting for avant-garde SUVs as their circadian drivers, we’re seeing a about-face in acumen of what makes a agent cool,” says McKeel Hagerty, President and CEO of Hagerty, the world’s arch provider of archetypal car insurance. “Broncos, Land Rovers and added agnate cartage from the ’60s and ’70s were, for the best part, already apparent as utilitarian. But best SUVs are acceptable added and added collectible, and it appears that trend will continue. This is a abundant time to get into this articulation of the beneficiary car market.”

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In accession to advance in Hagerty’s database, sales assay of added than 15 above bargain houses, afresh conducted by the Hagerty Institute, offers added affirmation of a beginning trend of added SUV sales and values. Over the aftermost bristles years, the cardinal of best SUV’s offered at bargain is up 150 percent, and the amount of these cartage has risen 31 percent.

Based in Traverse City, Michigan, Hagerty is the world’s arch allowance provider for archetypal cartage and host to the better arrangement of archetypal car owners. Hagerty offers allowance for archetypal cars, trucks, motorcycles and motorcycle assurance equipment, tractors, automotive accoutrement and additional parts, and alike “automobilia” (any celebrated or collectible account affiliated with motor vehicles). Hagerty additionally offers across shipping/touring allowance coverage, bartering advantage and club accountability coverage. For added information, alarm (800) 922-4050 or appointment www.hagerty.com.

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Hagerty additionally provides online Valuation Accoutrement and publishes Hagerty Amount Guide, which are the arch amount and amount guides for post-war collectible automobiles. For added advice amuse appointment www.hagerty.com/valuationtools.

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