HAGI® Classic Car Indices displayed a mixed picture during the month of November. The HAGI Top 50 Index declined by 1.03 points (0.38%) compared to October, reaching a price of 272.02. The HAGI Top is now showing a performance of 15.30% for the year as well as 24.43% for the past twelve months.
Positive contributions came from marques such as Ferrari (HAGI ‘F’ up 1.34% for the month, 18.1% year to date) as well as Mercedes-Benz (HAGI MBCI up 0.89% MOM, 9.13% YTD). All other marques as measured by the HAGI Top ex P&F Index, gained 4 points or 1.57% compared to October.
Weakest index for November was the HAGI ‘P’ (classic Porsche), which lost 24.12 points MOM, falling 8.47% after five consecutive months of gains.
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 |
 |
November 2014 |
271.02 |
– 0.38 |
15.30 |
 |
November 2014 |
260.62 |
– 8.47 |
23.80 |
 |
November 2014 |
292.55 |
1.34 |
18.10 |
 |
November 2014 |
258.60 |
1.57 |
9.58 |
 |
November 2014 |
154.71 |
0.89 |
9.13 |
| S&P Global 1200 | November 2014 |
1932.20 |
1.69 |
4.70 |
| *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, Seasons Greetings,
Dietrich Hatlapa and Hardy Sohanpal
