HAGI® Classic Car Indices advanced further during March 2014. The HAGI Top benchmark Index for rare classic cars rose 2.62 points (1.08%) to a price of 244.57, reaching a new all time high. Quarterly and YTD performance stand at 4.05%, which is less than half of last year’s Q1 gain.
The only HAGI Index declining month-on-month was the HAGI F (classic Ferrari), which lost 3.54 points (1.41%). The Ferrari market segment has risen marginally for the first quarter (0.31%).
Stronger moves came from the HAGI P Index (classic Porsche) gaining 16.05 points (7.34%) as well as the MBCI (classic Mercedes-Benz), gaining 3.73 points (2.71%) during March.
For comparison global equities (MSCI World*) rose 0.43% during March, up 0.11% since the end of 2013 (£GBP). 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 |
 |
March 2014 |
244.57 |
1.08 |
4.05 |
 |
March 2014 |
234.89 |
7.34 |
11.58 |
 |
March 2014 |
248.47 |
– 1.41 |
0.31 |
 |
March 2014 |
247.35 |
1.09 |
4.82 |
 |
March 2014 |
146.60 |
2.61 |
3.40 |
| *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” has been published and is available now. Please follow the link below. Only a limited number of copies are available on the open market.
Kind regards,
Dietrich Hatlapa and Hardy Sohanpal
