All HAGI® Classic Car Indices declined during May, with the HAGI TOP benchmark for rare classic cars falling 6.5 points (-2.69%). Year-to-date trough May the HAGI Top is now in negative territory, in stark contrast to last year´s double digit rise over the same period. The strongest performing index for 2014 is the HAGI MBCI (classic Mercedes-Benz), which is up 3.66 points (2.58%) to end of May despite falling 2.75% during the month.
The HAGI F Index (classic Ferrari) corrected a further 4.52 points in May and is showing a loss of 2.39% YTD. The HAGI P Index (classic Porsche) lost 3.77% during May but is in positive territory for the year (2.32%). Other marques lost 3.05% for the month and showed a gain of 1.26% YTD.
The table listed below highlights key market movements for all published indices. Additional fundamentals c
an be accessed by contacting HAGI.
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
May 2014 |
234.91 |
– 2.69 |
– 0.06 |
 |
May 2014 |
215.40 |
– 3.77 |
2.32 |
 |
May 2014 |
241.79 |
– 1.83 |
– 2.39 |
 |
May 2014 |
238.96 |
– 3.05 |
1.26 |
 |
May 2014 |
145.44 |
– 2.75 |
2.58 |
| *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).
If you are interested in our conference “Value in the Classic Car Market”, please contact us. The conference will be held in Hanover, NH, USA on October 6/7th 2014 and is supported by Mercedes-Benz Classic.
An updated edition of our book “Better Than Gold, Investing in Historic Cars” is available now.
Kind regards,
Dietrich Hatlapa and Hardy Sohanpal
