The classic car market as measured by the HAGI Top 50 Benchmark Index traded almost unchanged during in October, losing 0.18% or 0.55 points compared with September.
Best performer was the HAGI P Index (Porsche) which gained 10.38 points (3.66%) during the month. Marques other than Porsche and Ferrari (HAGI Top ex P&F Index) emerged as the clear leader this year (20.36%), gaining another 1.07% during October. Ferrari (HAGI F) corrected by 2.97% while classic Mercedes-Benz (MBCI) lost 0.33% compared with September. Monthly trading volumes declined to lesst than half of those seen during the first six months of 2015.
In other collectors’ markets fine wines as measured by Liv-ex* 100 Index posted a decline of 0.6% during October. The index was up 0.7% this year to the end of October.
Further information can be accessed by contacting HAGI.
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
October 2015 |
309.23 |
– 0.18 |
13.57 |
 |
October 2015 |
293.92 |
3.66 |
5.73 |
 |
October 2015 |
321.19 |
– 2.97 |
10.32 |
 |
October 2015 |
307.73 |
1.07 |
20.36 |
 |
October 2015 |
169.38 |
– 0.33 |
5.33 |
| *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)
A big thank you to everyone who joined us for our 2nd annual VCCM conference at Dartmouth College last month and help make it a great success.
The updated edition of our book “Better Than Gold, Investing in Historic Cars” is available here.
Kind regards,
Dietrich Hatlapa and Hardy Sohanpal
