Alfa Romeo Spider (105/115)

The Alfa Romeo Spider 105/115 has climbed to a US$9,500 median in the US market, posting a robust 25 percent year-over-year gain over the past twelve months. This appreciation signal is underpinned by a modest but consistent sample of 17 recent transactions, suggesting real demand rather than noise.

The Spider occupies the stable modern classic tier, with moderate collectibility and desirability scores. This classification reflects its broad appeal as a driver and weekend car rather than a scarce investment piece; strong styling and accessible Italian sports-car heritage support its standing, though production volumes are not restrictive.

Recent sales track cars averaging around 48,900 miles, a reasonable figure for vehicles now half a century old and well-suited to use. The moderate liquidity profile—39 total tracked sales over our history—indicates that buyers and sellers should expect deliberate rather than rapid deal velocity.

The base case projects the median holding at US$9,500 through both the three- and five-year horizons, with no material appreciation baked into the forecast despite the recent momentum. This conservative outlook reflects the Spider's positioning as a mature, widely appreciated classic where the sharp gains of the past year have already priced in much of the modern enthusiasm for pre-1980s Italian sports cars.

With only one active listing tracked at present, current availability is tight. The hold-or-wait signal acknowledges that recent buyers have captured meaningful upside, while new entrants may benefit from patience as supply normalizes and prices stabilize around current levels.