Hagerty UK has announced the ten-car line-up for the 2025 edition of its Bull Market – the long-running series that identifies what the specialist’s experts believe will be the great buys for the year ahead.
Compiled by Magneto contributor John Mayhead, the cars chosen range from the 1950s and 1960s to the 2000s – but the Bull List also reflects the wider market shifting its focus to 1980s and 1990s models. “The 2025 cohort is, I think, my favourite yet,” says Mayhead, editor of the Hagerty Price Guide. “The models span nearly every era of motoring, and range from up-and-coming classics to those that were once top dog and now maybe offer a huge amount of car for the money.”
2001-2005 Alfa Romeo 147 GTA (£8500-£20,500)
Hagerty chose the Alfa Romeo 147 GTA as its Hot Hatch Pick. “Values have risen steadily in recent years, with the very best examples fetching well over £20,000,” the Valuation Team says. “The 147 GTA is every bit the Alfa Romeo, with Italian character and performance to match. Its 3.2-litre six-cylinder Busso engine is now considered to be one of the finest engines ever produced. The interior reflects the Italian craftsmanship of the era, with exemplary materials and comfort combined with sporty details.”
“The main reason the 147 GTA was chosen for this year’s Bull Market is that it offers an extraordinary driving experience for a relatively sensible price,” Hagerty added. “It’s the spiritual successor to the 105 series Alfa Romeo GTA coupés that made such an impact on both road and racetrack back in the 1960s and ’70s.”
1959-1967 Austin-Healey 3000 (£22,900-£87,500)
Hagerty describes the Austin-Healey 3000 – which occupies the Best of British Index Pick – as: “A quintessential British sports car, loved by multiple generations since it first entered production in 1959. The Austin-Healey 3000 not only won hearts for its roadster character and charm, but it also performed well on some of the world’s great race tracks, including Le Mans and Sebring.”
Hagerty goes on to describe the car as a true usable classic. “There are plenty of clubs offering support for owners, and a vast number of events to take part in. It continues to be an affordable classic that in recent years has also found favour with many younger buyers.”
The Valuation Team at Hagerty notes than the Austin-Healey 3000 has been very flat over a long period of time. “Since May 2015, UK Hagerty Price Guide values for an excellent example have varied by less than ten percent, and currently sit at £45,400, although it’s recently dipped. In real terms, accounting for inflation, that means the model is much more affordable than it was a few years ago.”
1994-1999 Ferrari F355 (£50,600-£105,000)
The Ferrari F355 is the Hagerty Gold Index Pick for 2025, with the team pointing to values rising significantly in recent years. “This mid-1990s Italian sports car ticks all the right boxes, with the famous Maranello badge, pop-up headlights, a beautiful design and a superb mid-mounted 3.5-litre hand-built V8,” Hagerty says. “Highly collectable, the F355 is also a comfortable sports car to enjoy on a regular basis.”
The Valuation Team goes on to add: “Some consider the F355 to be a peak driver’s Ferrari, mixing 1980s-inspired design and analogue engineering. A relatively new addition to the UK Hagerty Price Guide, values have risen recently, up 6.2 percent in the past three years to £73,300 for a standard Berlinetta in excellent condition. In the US, growth has been even more extreme, and the Guide price for the same model there is now $196,000 (£152,000) although this includes a 25 percent premium for manual-gearbox examples.”
1992-1998 Maserati Ghibli II (£9400-£54,900)
Hagerty chose the 1990s Maserati Ghibli II (AM336), produced between 1992 and 1998, as its Italian Pick for 2025. However, Hagerty also tips the entire Biturbo line, of which the Ghibli II was the final evolution. “The flared wheelarches, high boot and hand-crafted interior gave this two-door coupé more presence and style than its predecessor,” it says. “The engines were the real attraction, though, with a 2.0- or 2.8-litre twin-turbo V6 on offer. At the time, the Ghibli Cup, with its 325bhp, pushed out more bhp per litre than a McLaren F1.”
Speaking more broadly about the Biturbo range, the Valuation Team pointed out that there’s a car for many different price points. “Standard, base Biturbos with middling mileages are still for sale for under £10,000, a good Spyder is double that, all the way up to the V8 Shamal, currently valued at £53,000 in excellent condition in the UK Hagerty Price Guide,” it says. “Those with the cheapest price on the windscreen may be more expensive to maintain, though, and for a 1980s/1990s-era Maserati, the bills may be significant.”
1991-2003 Peugeot 106 Rallye (£8,900-£16,400)
Hagerty’s Quirky Pick went to the Peugeot 106, which it describes as often overshadowed by its sibling “1990s boy-racer favourite, the Citroën Saxo”.
“Many people have a story to tell of their experience with a Peugeot 106, either as the car they learned to drive in, their first vehicle or a rental that took them on holiday with their friends. It might be a small car, but it had a big personality with an interior that combined French quirkiness with practical simplicity. They were also easy to work on, and many were the subject of extensive modifications, making pristine original examples increasingly sought after today,” says Hagerty.
The Valuation Team considered the Peugeot 106 to be great value compared with some of the model’s rivals. “The Series 1 106 Rallye in excellent condition is listed in the Hagerty Price Guide at £12,400, around 32 percent less than its older relative, the Peugeot 205 Rallye. With their homologation credentials, limited numbers and instantly recognisable looks, they tick many of the requirements of a collectable car, although originality is critical.”
1965-1969 Porsche 912 (£26,900-£90,100)
Hagerty’s Classic Pick is the 912. “It is becoming more sought after, not just for its great value but because it is both dynamic and usable, with easier-to-manage handling and performance compared with the 911,” Hagerty UK says. “Prices for the 912 remain stable and are not expected to rise dramatically. The UK Hagerty Price Guide values excellent left-hand-drive examples at £57,800, with right-hand-drive models attracting a large premium.”
The Valuation Team adds: “With a Porsche 912 you get the early 911 experience for a fraction of the price. Other than very early 912s, the vast majority of the car is identical to its six-cylinder sibling, sharing the same interiors, bodywork, suspension and electrics. Only the engine is different.”
1994-2001 Range Rover P38 (£800-£15,800)
Hagerty’s Off-Road Pick is the Range Rover P38. “The combination of opulent luxury and legendary off-road capability always ensured it remained a popular choice,” Hagerty UK says. “In recent years it has become well known for reliability issues, but a good example can still deliver that true Range Rover experience.”
The Valuation Team also draws attention to the model’s current affordability. “The cheapest runners are advertised for under £1000, and even top-spec, limited-edition models with extremely low mileage in concours condition rarely reach more than £15,000. Plus, they are getting rarer: social media groups are full of cars being broken for parts or heavily modified for off-road use. Find an original, well maintained example, and it could offer a lot of value for money.”
1977-1980 Rolls-Royce Silver Shadow II (£5700-£28,700)
Hagerty’s Luxury Pick is the Rolls-Royce Silver Shadow II. “Loved by everyone from wheeler-dealers to wedding planners and the world’s wealthy, the Silver Shadow II delivered the ultimate in luxury motoring of the time,” it says. “Today they remain wonderful cars to own and enjoy, providing an element of glamour as well as superb ride comfort and all the status of driving a car with the famous Spirit of Ecstasy leading the way. Values vary immensely, but so too do the maintenance costs – choose carefully.”
The Hagerty Valuation Team points out that prices for the Silver Shadow II have been relatively static. “[They are] only £100 higher today for an excellent example than in December 2021. The big difference has been in the top examples, with a concours condition value up over 20 percent during the same period, to £31,900. This is a good sign,because a rise in top examples often encourages more to be spent on maintaining other, less pristine cars.”
2000-2001 Subaru Impreza P1 (£25,000-£72,500)
“First-generation Subaru Impreza prices are increasing, but none more so than some of the most revered models,” Hagerty says of its 2025 RADWood Pick – the 22B. “Only 1000 examples were built, each fettled by famous motor sport company Prodrive. This included design changes by the designer of the McLaren F1, Peter Stevens, and engine upgrades to produce 276bhp. Compared with prices for the 22B, the P1 represents a great-value way to get into a legendary rally-bred sports saloon.”
Hagerty’s Valuation Team says prices have risen a lot in the past few years: “The UK Hagerty Price Guide excellent value was £32,000 in September 2022, and two years later it was £50,500, but Hagerty believes prices may well increase further still. Many of these cars have been driven hard, and the gulf between top and bottom values is huge: Hagerty’s fair price is 61 percent lower than its top concours value. Pristine, low-mileage cars will probably increase most, but regularly driven cars that are a little rough around the edges will be much more affordable and great fun.”
1994-2000 Toyota RAV4 (£600-£5100)
Hagerty UK’s Festival of the Unexceptional Pick is the first-generation RAV4. “The Recreational Active Vehicle with 4-wheel drive (RAV4) provided all the passenger and luggage space people needed, together with more ground clearance, a higher driving position, improved visibility over regular cars and the option of full-time four-wheel drive,” Hagerty UK says. “Short- and long-wheelbase models were available, and there was even a fully electric version, the RAV4 EV, although these are the rarest of all.”
The Valuation Team adds: “Legendary Toyota build quality, combined with an instantly recognisable design and very low current prices, mean Hagerty believes the RAV4 is a great entry-level classic, plus you’ll be welcome at any future edition of the Festival of the Unexceptional. Even in top GX spec, a concours-ready example should set you back less than £5000 – if you can find one: these early cars are now very rare.”
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