First-Year Ford Bronco Values Grow Nearly 500 Percent in 15 Years
1966 Ford Bronco values have exploded over the last decade and a half as people scramble to scoop them up.
It no secret to any of us that Ford Bronco values have exploded in recent years, and that applies to all five generations. But first- and second-gen models, in particular, have seen rapid growth as interest in Ford’s rugged off-roader has grown exponentially. This, coupled with a market hungry for classic off-road SUVs in general has created a recipe for rising Bronco values, but a recent study by NetCredit went to the trouble to assign some eye-popping numbers to this trend.
The study wasn’t necessarily trying to figure out the fastest-appreciating classic SUVs on the planet, it just so happens that they have really taken off over the last decade and a half. In fact, it was more about finding the classic cars and supercars that have increased in value the most since 2006, and the names that top that list are familiar ones, like Porsche, McLaren, and Ferrari.
However, NetCredit also broke down its list into multiple categories – the top 10 supercars that have grown the most in value since 2006, the $100,000+ classic vehicles with the biggest value growth, and a list of vehicles under $100,000. And, lo and behold, the 1966 Ford Bronco made the cut on that last list thanks to a rise of staggering proportions.
NetCredit used Hagerty’s Valuation Tool to determine the values of 24,000 vehicles both in September of 2006 and January of 2021, then calculated the difference to come up with its list. The 1966 Bronco was worth a mere $14,100 nearly 15 years ago, but today will set you back a cool $80,700, according to the tool. For those that haven’t already done the math, that’s a 472.34 percent increase.
This certainly doesn’t come as a huge surprise to those of us that have kept an eye on the market all these years, but it’s still very interesting to put it all into perspective. It also makes us wish we had stashed away as many early Broncos as possible years ago because that would have been the best investment we could have made short of buying up Apple or Tesla stock when they were cheap.
The question now is – how high will Bronco values go before they top out? Will the arrival of the 2021 model keep the fire going, or will it serve to stabilize this trend somewhat? We’ll just have to wait and find out what happens over the next 15 years, we suppose.
Photos: Ford, NetCredit
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