A slow start to the year in the Classic Car Market was apparent in a decline (-0.40%) in the HAGI Top 50 benchmark Index, down 1.40 points.
The HAGI P Index (Porsche) dropped 2.15% last month, while Mercedes-Benz Classic Index dropped by 1.47%. All marques in the Top Index excluding Ferrari & Porsche fell by 1.41%. Ferrari was the only Index (HAGI F-Index) that managed small gains totalling 1.57% in January.
Ferrari’s gains were realized due to high-end transactions of rare and sought-after vehicles. Sales of less desirable or more common models reflected the overall market more closely and received low turnover and price pressure.
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
January 2017 |
344.61 |
-0.40 |
-0.40 |
 |
January 2017 |
356.21 |
-2.15 |
-2.15 |
 |
January 2017 |
348.99 |
1.57 |
1.57 |
 |
January 2017 |
339.23.09 |
-1.41 |
-1.41 |
 |
January 2017 |
183.16 |
-1.47 |
-1.47 |
| *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)
For more information on the Classic Car Markets and Investing in Classic Cars, you can purchase HAGI’s classic car market reference book “Better Than Gold, Investing in Historic Cars”.
You can also check out the “Porsche Carrera 4-cam engine book”
Learn more about the Classic Car Market at www.historicautogroup.com with a valid HAGI LOGIN.
