The market for rare collectors’ cars as measured by the HAGI Top Index traded unchanged during the month of May compared to April. Year to date growth remained at 1.06% and 14.55% over 12 months.
While classic Ferrari (HAGI F Index) managed a gain of 1.18% classic Porsche (HAGI P Index) fell back 2.24% and Mercedes-Benz (HAGI MBCI) 1.24%.
Buyers continue to focus on perfect and highly original cars with full documentation. The market for lower quality cars was less active with noticeable price declines. In this segment a significant number of cars remained unsold.
For index performance details please view the table below,
or login with your password on www.historicautogroup.com
| Index |
Period |
Price* |
% change/month |
% year to date |
 |
May 2016 |
320.74 |
0.00 |
1.06 |
 |
May 2016 |
337.74 |
– 2.24 |
1.40 |
 |
May 2016 |
330.71 |
1.18 |
2.38 |
 |
May 2016 |
307.93 |
– 0.09 |
– 0.33 |
 |
May 2016 |
171.02 |
– 1.24 |
– 1.14 |
| *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)
Our Market book “Better Than Gold, Investing in Historic Cars” is available here.
Save the date for our third VCCM conference in New Hampshire, October 10-11th 2016.
With best regards,
Dietrich Hatlapa and Hardy Sohanpal
