HAGI® Classic Car Indices presented a mixed picture at the end of October. Both the HAGI Top Index (market overall) and the HAGI F Index (classic Ferrari) corrected by 1.86 and 8.12 percent respectively. Meanwhile the HAGI MBC-Index (Classic Mercedes-Benz) gained 8.93 percent, the HAGI Top ex (marques other than Porsche and Ferrari) 3.2 percent and the HAGI P Index (classic Porsche) advanced by 0.36 percent.
Once again all four indices that were launched end of 2008 lie within a few percentage points of each other. Marques other than Porsche and Ferrari (HAGI Top ex P&F) established a small lead at 214.01.
The HAGI MBCI launched at the end of 2011 is posting a new high at 140.44 and a 12 months gain of 24.12 percent, more than double its long term annual average.
The overall market as measured by the HAGI Top Index has corrected by more than 7 percent since its peak in August, however the 12 months gain still stands at 26.5 percent, which is more than double its long term annual average as well.
For more please visit www.HistoricAutoGroup.com.
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
October 2013 |
206.64 |
– 1.86 |
29.02 |
 |
October 2013 |
202.10 |
0.36 |
19.50 |
 |
October 2013 |
202.66 |
– 8.12 |
32.65 |
 |
October 2013 |
214.01 |
3.20 |
30.00 |
 |
October 2013 |
140.44 |
8.93 |
25.78 |
| *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).
To support an updated reprint of our book “Better Than Gold, Investing in Historic Cars” please register your interest via the link below.
Kind regards,
Dietrich Hatlapa and Hardy Sohanpal
