If you are thinking of buying an old station wagon, there are several things you should consider. While you must always take into account the condition of the car, you should also think about how well various classic station wagons retain their value. This list will show you some of the best old station wagons with regard to resale value.
Ford Model A Woody Wagon
Of course, the award for the station wagon with the best resale value of all time would have to go to the Ford Model A Woody Wagon. The Ford Model A wagon was not really a station wagon. However, the vehicle's boxy shape and use as a taxi or delivery vehicle to and from train stations led to it being referred to as one. You can find restorable Model A wagons for under $20,000. With some time, patience and hard work can create in an investment vehicle that can fetch more than $200,000.
Chevrolet Nomad 2 Door Wagon
The Chevrolet Nomad two-door wagon was only produced for three years (from 1955 to 1957). However, it remains one of the most valuable station wagons ever produced. Based on the wildly popular 1950s era Bel-Air, the Chevrolet two-door Nomad wagon is in demand everywhere. Even two-door nomads in fair condition can be worth more than $50,000.
Desoto Custom Wagon
During the early 1940s, and all the way up to 1950, the Desoto Custom wagon was one of the most expensive station wagons in America. In fact, it was priced a full $1,000 more than a comparable Chevrolet or Ford wagon at the time. However, the company's reputation for reliable vehicles made many customers comfortable with paying extra for the wagon. If you're able to lay your hands on one today, you'll pay upwards of $125,000 for one in good to excellent condition. Find one in restorable condition and pay about one third of that amount.
Chevrolet Impala Wagon
During the 1960s, the Chevrolet Impala was the workhorse station wagon for General Motors. Well received during that time because of its good performance, functionality and no-nonsense styling, the Impala was a mainstay on American highways for many years. These days, the most sought after Impala wagons are the fake Woody versions made during the 1960s. You may be able to find an old Impala beater for around $1,000-$5,000. However, be prepared to pay upwards of $15,000 or $20,000 for one in excellent condition.
Chevrolet Caprice Wagon
When Chevrolet ceased production of the Caprice wagon in 1996, it was the end of the really big American station wagon. There are still many Caprice wagons available that were made in the late 1980s and early 1990s. Although they were not particularly well known for their quality or reliability, they have become a somewhat popular collector vehicle. In fact, many Caprice wagons that are 15 or 20 years old are selling for between $10,000 and $15,000.
Buick Estate Wagon
The Buick Estate Wagon was produced between 1940 and 1990. However, it is the models that were produced between 1967 and 1970 that are the most popular among collectors and enthusiasts. Estate Wagons made in these years often fetch a premium if they are in good or excellent condition. Average prices for a 1967 to 1970 Buick Estate wagon can range anywhere from about $20,000 all the way up to about $40,000.