Indian Motorcycles, founded in 1901, is one of the most iconic American motorcycle brands, predating even Harley-Davidson. The company’s rich history is defined by its groundbreaking innovations and contributions to the world of motorcycles. Over the years, many vintage models have stood the test of time, becoming rare and highly sought after by collectors. Today, some of these classic Indian motorcycles are worth far more than a brand-new modern cruiser. In this article, we’ll explore 10 vintage Indian motorcycles whose value surpasses that of today’s modern-day motorcycles, such as the 2024 Indian 101 Scout (MSRP: $16,999).
The Underdog That Became a Classic: 1936 Indian Pony Scout
Hagerty Value: $21,000
The Indian Pony Scout holds a special place in the brand’s storied history. Designed during the Great Depression to be a more affordable alternative to the Scout, this compact model packed a 499cc V-Twin engine and a 3-speed transmission. Despite its humble beginnings, it’s now one of the most valued vintage Indian bikes, cherished for its history and durability.
Key Specs
- Engine: 499cc V-Twin, side-valve
- Transmission: 3-speed
Watch the stunning start-up of a 1936 Indian Scout engine in this classic video!
Warrior of the Past: 1942 Indian Model 841 Military
Hagerty Value: $24,500
The Indian Model 841 played a crucial role in World War II. Built to serve the U.S. Army, this military motorcycle featured a 745cc V-Twin engine and was designed to be agile, lightweight, and capable of transporting supplies under harsh conditions. With only 1,000 units produced, its rarity and historical significance make it a highly sought-after collectible.
Key Specs
- Engine: 745cc V-Twin, air-cooled
- Transmission: 4-speed
Discover the iconic Indian 841 in this must-see video!
Power and Performance: 1920 Indian PowerPlus Twin
Hagerty Value: $25,800
The 1920 Indian PowerPlus Twin is a powerhouse in Indian’s lineup, featuring a 1,000cc V-Twin engine. Known for its reliability in racing, the PowerPlus Twin was developed by Charles Gustafson, one of the pioneers of the side-valve engine. While it had some early mechanical issues, Indian’s engineering improvements solidified its place in the racing world and made it a valuable classic today.
Key Specs
- Engine: 1,000cc V-Twin, side-valve
- Transmission: 3-speed
Step back in time and watch the 1920 Indian Powerplus in action!
The Indestructible Champion: 1927 Indian Scout 45
Hagerty Value: $27,200
Known for its rugged durability, the 1927 Indian Scout 45 became a symbol of toughness. Equipped with a 750cc engine and a solid frame, this bike was celebrated for its longevity and performance. The Scout 45’s reputation for strength and reliability on the race track has turned it into a highly coveted collector’s item.
Key Specs
- Engine: 750cc V-Twin, side-valve
- Transmission: 3-speed
Check out the classic 1927 Indian Scout in action in this captivating video!
Iconic Elegance: 1940 Indian Chief
Hagerty Value: $27,300
The 1940 Indian Chief combines power, comfort, and style. Featuring a robust 1,210cc V-Twin engine, it became one of Indian’s most recognizable models. The Chief was also produced in military versions during WWII, contributing to its historical value. Today, its design and rarity make it a prized possession among collectors.
Key Specs
- Engine: 1,210cc V-Twin, side-valve
- Transmission: 4-speed
Discover the untouched beauty of a 1940 Indian Chief, barn-fresh and unrestored, in this fascinating video!
Racer’s Dream: 1929 Indian 101 Scout
Hagerty Value: $29,856
The Indian 101 Scout is a legendary racer’s bike, designed for agility and performance. With a 740cc V-Twin engine and a lightweight build, the 101 became a favorite on racetracks and in police fleets. Despite its short production run, it remains one of Indian’s most revered models, largely due to its superior handling and engineering.
Key Specs
- Engine: 740cc V-Twin, air-cooled
- Transmission: 3-speed
Join the ride as a 1929 Indian AA 101 Scout cruises, brought to you by Indian Motorcycle of Springfield!
The Pioneer: 1913 Indian Twin
Hagerty Value: $36,500
The 1913 Indian Twin is one of the most iconic motorcycles from the early 20th century. Featuring a 999cc V-Twin engine and a 1-speed transmission, this bike set new standards for reliability and performance. The Indian Twin became known for its durability on rough roads, and its place in American motorcycle history has only increased its value.
Key Specs
- Engine: 999cc V-Twin, inlet over exhaust
- Transmission: 1-speed
Discover the incredible find of an all-original 1913 Indian Motorcycle, unearthed after 100 years in this amazing video!
The Groundbreaker: 1908 Indian Twin
Hagerty Value: $45,700
As one of the first models to feature a V-Twin engine, the 1908 Indian Twin marked a turning point in the history of motorcycles. With a 633cc engine and an early version of throttle control technology, it paved the way for future V-Twin models. Its historical significance, combined with its place in American motorcycle lore, makes it a highly valued collector’s item.
Key Specs
- Engine: 633cc V-Twin, air-cooled
- Transmission: 1-speed
Step back in time with the 1908 Indian Torpedo Tank Motorcycle in this fascinating video!
The Four-Cylinder Legend: 1927 Indian Ace Four
Hagerty Value: $85,300
The 1927 Indian Ace Four is one of the rarest and most impressive motorcycles in Indian’s history. With a 1,265cc inline-four engine, it represented a leap forward in motorcycle engineering. This model was produced after Indian acquired the Ace Motor Company, and today, it commands an astronomical price due to its rarity and significance in the development of multi-cylinder motorcycles.
Key Specs
- Engine: 1,265cc Inline-Four, air-cooled
- Transmission: 3-speed
Find out how much this 1927 Indian Ace Four sold for at Mecum Auctions Las Vegas in this exciting video, brought to you by MotorTrend!
The Birth of a Brand: 1903 Indian Single
Hagerty Value: $149,000
The 1903 Indian Single is one of the earliest models from the brand and a significant milestone in the history of motorcycling. Produced in limited quantities, the Single featured a 491cc single-cylinder engine and laid the foundation for Indian’s rise to prominence. As one of the brand’s first widely produced motorcycles, the 1903 Single holds immense historical and financial value today.
Key Specs
- Engine: 491cc Single-Cylinder, four-stroke
- Transmission: 1-speed
Watch as Dale Walksler from Wheels Through Time fires up a 1903 Indian Motorcycle in this incredible video!
Conclusion: Legacy and Value of Vintage Indian Motorcycles
Indian Motorcycles’ vintage models offer a fascinating glimpse into the evolution of the brand and the motorcycle industry as a whole. From the early days of the Pony Scout to the sophisticated Ace Four, these motorcycles represent both technological advances and rich history. Many of these vintage bikes have appreciated dramatically in value, surpassing modern-day cruisers. For collectors, enthusiasts, and history buffs alike, these vintage Indian motorcycles are not just vehicles—they are treasures that preserve the legacy of one of America’s most beloved motorcycle manufacturers.
