The classic car market as measured by the Historic Automobile Group Internatonal saw a small overall advance in June 2016 of 0.74% with the largest advance in the Mercedes-Benz Classic Index, which rose 3.48%. The largest decline was seen in the HAGI P index at -5.23% and there was a modest drop in the HAGI F index of -1.54%.
The overall classic car market has remained fairly flat, with year-to-date growth at 1.81%, and below trend for the average annual growth rates for the HAGI Index.
Additional information supplied below illustrates the impact of currency movements (GBP/EUR/US) on the HAGI Indices. With the Brexit vote having taken place near the end of June, next months statistics should provide a better indication of the impact on values. Note that the overall HAGI Index calculation is based on transactions in all currencies.
Additional data and charts are available at www.historicautogroup.com with a valid HAGI LOGIN.
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
June 2016 |
323.12 |
0.74 |
1.81 |
 |
June 2016 |
320.06 |
– 5.23 |
– 3.91 |
 |
June 2016 |
325.63 |
– 1.54 |
0.81 |
 |
June 2016 |
325.20 |
5.61 |
5.26 |
 |
June 2016 |
176.97 |
– 3.48 |
– 2.30 |
| *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)
| GBP | EUR | USD | |
| INDEX | % change/month | % change/month | % change/month |
| HAGI Top | 0.74 | 0.19 | 0.06 |
| HAGI P | -5.23 | -5.56 | -5.68 |
| HAGI F | -1.54 | -2.07 | -2.19 |
| HAGI Ttop ex P&F | 5.61 | 4.94 | 4.78 |
| HAGI MBCI | 3.48 | 2.66 | 2.87 |
You can purchase HAGI’s classic car market reference book “Better Than Gold, Investing in Historic Cars”.
Save the date for HAGI’s third VCCM conference in New Hampshire, October 10-11th 2016.
For more information including HAGI’s first conference newsletter and to register please get in touch with HAGI here.
