Bronco Nation had the opportunity to review recent data from Hagerty showing the value trends for Broncos. We took a close look at the information, did some analysis, and put together the following breakdown.
Bronco Values: First Generation Still the Leader
First generation Broncos (1966-1977) continue to be the star pupil however later generation Broncos are starting to close the gap. In the last two years, first generation Broncos have appreciated 40% and 73.6% in the last three years placing it 37th in highest annual appreciation according to the Hagerty Price Guide.
Rising Tide Raising All Classic Domestic SUV’s?
Although first generations have gained the most dollar values over the last three years, other domestic SUV’s have outpaced the Bronco in percentage growth. 1973-1991 Chevrolet C/K Blazer lead the class at 81.41% with 1969-1972 Chevrolet C/K Blazer up 80.11%. Bronco owners will argue that they started with a lower base, but the increase is impressive. First generation Broncos continue to outpace other notable collectible domestic SUV’s including the International Scout, Scout II, Wagoneer and CJ-8 Scrambler by nearly double their percentage growth in the same period of time. In fact, the first-generation Ford Bronco ranks 11th in the top 100 of fastest climbing American vehicles in terms of appreciation.
Median Values by Hagerty Price Guide:
As you will see in the summary data below provided by the Hagerty Price Guide, there are some encouraging signs across all generations. If you are like me, you will print the data and run to your spouse to justify the purchase of parts and additional Broncos! As an owner of a first, second, and fifth generation Bronco (and twelve over the last 30 years), I’m encouraged to see that there continues to be an encouraging upside to this nameplate we all know and love!
First Generation – 1966-1977:
Median value: $50,600
• Most valuable: ’73-’77 Wagon 4×4 with the 302cid engine.
• The wagon is worth about 6% more than the pickup and 7% more than the roadster
Second Generation – 1978-1979:
Median value: $24,450
• Most valuable: 1978 and 1979 Ranger XLT wagon 4×4 with 8 cyl 400 CID 149 hp engine
• The ranger xlt is worth about 9% more than the custom submodel
Third Generation – 1980-1986
Median value: $17,200
• Eddie Bauer sub model worth about 5% more than the other submodels
Fourth Generation – 1987-1991
Median value: $16,500
• Most valuable: 1991 Silver anniversary model with value of $17800
Fifth Generation – 1992-1996
Median value: $22,300
• 1994-1996 Eddie Bauer submodel with the 351 cid 210 hp MFI is worth the most