Historic Automobile Group InternationalThe classic car market as measured by the HAGI Top 50 Benchmark Index rebounded in September, gaining 15.82 points (5.38%) compared with August.
The HAGI Top ex P&F Index for marques other than Porsche and Ferrari advanced strongly, gaining 29.86 points (10.87%) compared with August, reaching an all time high at 304.47 points. Classic Mercedes-Benz as measured by the MBC-Index were up 9.77 points or 6.10% with an index price of 169.94, setting a record. The HAGI F (classic Ferrari) grew by 16.65 points (5.30%) reaching a new peak at 331.01 points.
The HAGI P Index (classic Porsche) declined, with a loss of 20.07 points (-6.61%) reaching an index price of 283.54.
In other markets global equities posted further declines during September as volatility accelerated: The MSCI* World was down 2.38% in GBP, -3.86% in USD, -3.49% in EUR.
Further information can be accessed by contacting HAGI.
Index |
Period |
Price* |
% change/month |
% year to date |
September 2015 |
309.78 |
5.38 |
13.78 |
|
September 2015 |
283.54 |
– 6.61 |
1.99 |
|
September 2015 |
331.01 |
5.30 |
13.69 |
|
September 2015 |
304.47 |
10.87 |
19.09 |
|
September 2015 |
169.94 |
6.10 |
5.68 |
|
*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)
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The updated edition of our book “Better Than Gold, Investing in Historic Cars” is available here.
Kind regards,
Dietrich Hatlapa and Hardy Sohanpal