The HAGI Top 50 Index for rare collectors’ cars declined 5.07 points (-1.86%) during January, to reach an index price of 267.21, returning to market prices last seen in September/October 2014.
All HAGI sub-indices traded lower in GBP terms with the HAGI F Index (classic Ferrari) loosing 5.16% and the MBC-Index (classic Mercedes-Benz) 2.09% lower during the month.
Main exception was the HAGI P Index (classic Porsche), which continued to rise after a strong performance in 2014. The index gained 12.69 points in January (4.57%) to reach a new all time high of 290.69.
External factors including dramatic currency movements in the Euro and Pound Sterling versus the US Dollar and Swiss Franc have had major impact in January’s market.
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 |
 |
January 2015 |
267.21 |
– 1.86 |
– 1.89 |
 |
January 2015 |
290.69 |
4.57 |
4.57 |
 |
January 2015 |
276.12 |
– 5.16 |
– 5.16 |
 |
January 2015 |
252.19 |
– 1.36 |
– 1.36 |
 |
January 2015 |
157.45 |
– 2.09 |
– 2.09 |
| *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
