The classic car market as measured by the HAGI Top 50 benchmark index rose 2.86 points (0.91%) in December, ending 2015 with a gain of 16.57% and reaching a new index high at 317.38.
Marques other than Porsche and Ferrari (HAGI Top ex P&F Index) fell in December (2.38%) but showed the best growth in 2015 up 20.85%. The HAGI P Index (classic Porsche) rose 19.81% through the year and was up 9.80% compared with November.
Ferrari (HAGI F) underperformed its own long-term annual average and managed a gain of 10.95% in 2015, up 0.7% MOM. The Mercedes-Benz Classic Index (MBCI) gained 7.57% YOY and was up 3.24% MOM.
In comparison global equity indices were up in GBP terms (MSCI World* 2.89%) but fell in US$ (-2.74%) in 2015. Corrections were also seen in resources stocks and commodities including oil.
Further information can be accessed by contacting HAGI.
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
December 2015 |
317.38 |
0.91 |
16.57 |
 |
December 2015 |
333.08 |
9.80 |
19.81 |
 |
December 2015 |
323.01 |
0.70 |
10.95 |
 |
December 2015 |
308.96 |
– 2.38 |
20.85 |
 |
December 2015 |
172.99 |
3.24 |
7.57 |
| *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)
The updated edition of our book “Better Than Gold, Investing in Historic Cars” is available here.
HAGI Publishing is pleased to announce the launch of The Porsche Carrera 4 cylinder 4-cam Engine written by Peter Pohl. The English version of this book will be published shortly as a limited edition. This is the first time a book is published on this subject. For more information follow this link. To reserve your copy please contact HAGI.
With best regards,
Dietrich Hatlapa and Hardy Sohanpal
