HAGI® Classic Car Indices gained mostly during the month of October. The HAGI Top 50 Index rose 8.52 points (3.23%) compared to September, reaching a new all time high of 272.05. The HAGI Top is now showing a performance of 15.74% for the year as well as 31.65% for the past twelve months.
Strongest contribution for the month came from marques such as Porsche (HAGI 'P' up 8.95%) and Ferrari (HAGI 'F' 6.22%). The HAGI MBCI (classic Mercedes-Benz), which is based on a much broader mix of models, also gained 3.61 points (2.41%) and is up 9.19% over twelve months.
With Porsche and Ferrari removed a different picture emerges. The HAGI Top ex P&F Index (17 marques) lost 1.91% for the month, weakest for the year (7.89%) and lowest performance since the end of 2008.
The table listed below further highlights key market movements for all published indices. Additional fundamentals can be accessed by contacting HAGI.
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).