1.26 points (0.46%) advance in December in the HAGI Top 50 Index contributed to growth for 2014 of 15.84%, bringing the HAGI Top index to a new high of 272.27 points. However this represents just under one third of the 46.75% growth, which took place in 2013.
Best performer for the month and for 2014 was the HAGI P Index (classic Porsche), which gained 6.67% in December ending the year up 32.06%.
Another strong marque index was the HAGI Mercedes-Benz Classic Index (MBCI), which rose 6.09 points (3.94%) in December, ending the year up 13.42%.
The HAGI F Index (classic Ferrari) lost 1.41 points or 0.48% in December but ended the year up 17.53%. However it is still the strongest HAGI index over 5 years (+191.14%).
All other marques (HAGI Top ex P&F Index) lost 1.13% in December and closed the year 2014 up 8.34%.
The table listed below further highlights key market movements for all published indices. Additional fundamentals can be accessed by contacting HAGI.
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
December 2014 |
272.27 |
0.46 |
15.84 |
 |
December 2014 |
278.00 |
6.67 |
32.06 |
 |
December 2014 |
291.14 |
– 0.48 |
17.53 |
 |
December 2014 |
255.66 |
– 1.13 |
8.34 |
 |
December 2014 |
160.81 |
3.94 |
13.42 |
| S&P Global 1200 | December 2014 |
1897.82 |
– 1.78 |
2.84 |
| *HAGI Inception values £100 on 31.12.2008, **HAGI MBCI £100 on 31.12.2011 | ||||
The HAGI Top Index is our overall market measure for exceptional historic automobiles.
The HAGI P Index is measuring the rare Porsche automobile market.
The HAGI F Index is measuring the rare Ferrari automobile market.
The HAGI Top ex P&F Index represents the HAGI Top Index without Porsche and Ferrari.
The HAGI MBCI measures the market for classic Mercedes-Benz automobiles (from 2012).
An updated edition of our book “Better Than Gold, Investing in Historic Cars” is available now.
Kind regards,
Dietrich Hatlapa and Hardy Sohanpal
