Early water-cooled Volkswagens are now entering an interesting phase of market value. For some time, if you bought one and restored it there was only one reason – you absolutely wanted it to be what you wanted it to be, regardless of cost. It was a losing proposition in terms of value as you poured your hard-earned cash into bringing your beloved people’s car back from the brink of extinction. People would openly question your sanity; for your investment, you could have had a brand new car, after all. Even a VW!
But over the past few years, the tide has turned as greater appreciation for the early designs has swelled. Of course, the pool of remaining candidates hasn’t, so prices on pristine original examples have been driven heavily upwards. $22,000 for a low mileage GTI? $17,000 for an original survivor Scirocco? These were numbers that, not long ago, got you a pretty nice Porsche 911 of the same vintage. As a result, it’s suddenly becoming economically viable to restore these early Volkswagens and not lose your shirt.