HPG21 Index Preview: Affordable Classics

The Hagerty Index of Affordable Classics ticked off its largest four-month gain since its September 2006 inception, moving 4%. This market segment, as the name suggests, has never been volatile, and the 4% change is still conservative. The new value is a high-water mark, though, and five-year gains sit at 6%.

Credit goes mainly to the Mustang, which corrected following a lengthy period of inactivity. Some strong sales of Avantis have helped advance those cars, and early MGBs and mid-year Corvairs also showed strength. On the downside, the 240Z and TR6 both declined, but only nominally at that.

 

Index value: 114.2 All-time high: 114.2 (May 2013)
Five-year high: 114.2 (May 2013) Five-year low: 106.8 (September 2011)
Four-month change: 4% 12-month change: 4%
36-month change: 4% 60-month change: 6%
Component cars: 13 Gainers: 8
No change: 3 Losers: 2

Component cars

1969 AMC Javelin 343 1% 1949 Buick Roadmaster Sedanette n/c
1965 Chevrolet Corvair Monza convertible 4% 1970 Chevrolet Camaro SS 350/300 coupe n/c
1971 Datsun 240Z -1% 1965 Ford Mustang GT coupe 30%
1963 MGB Mk I 4% 1972 Porsche 914 2.0 Targa 1%
1962 Studebaker Lark convertible n/c 1963 Studebaker Avanti R-1 5%
1972 Triumph TR6 convertible -1% 1967 Volkswagen Beetle Sedan 1%
1967 Volkswagen Karmann Ghia coupe 1%

 

 

Click below for more about
Read next Up next: Auction Results: RM Auctions’ sale of the Don Davis Collection

Leave a Reply

Your email address will not be published. Required fields are marked *

Your daily pit stop for automotive news.

Sign up to receive our Daily Driver newsletter

Subject to Hagerty's Privacy Policy and Terms of Conditions

Thanks for signing up.