Overview of Hagerty Price Guide 17 indices

As we enter 2012, we at Hagerty Price Guide have been putting the finishing adjustments on our 17th book. Following is a overview of how our seven primary indices fared during the last four months of 2011.

Six of the seven main indices advanced, with the remaining seventh index (the Index of 1950s American Classics) holding steady. The biggest advance was once again made by the Ferrari Index, which moved 5% in the positive. The Blue Chip Index and Index of German Cars both increased by 2%, while the British, Muscle Car, and Small Cap indices all moved a point in the positive.

The top three primary indices that Hagerty Price Guide tracks continued their lengthy period of consecutive growth, but did so at a much relaxed pace. In fact, the Blue Chip, Ferrari and German indices all saw their smallest changes in a year, suggesting that they are leveling off, if only slightly.

For the year, Ferrari and Blue Chip performed exceedingly well, with gains of 22% and 14%, respectively. Our German index also had a strong 2011 with a 9% gain, as did the Muscle Car Index — possibly a surprise to those who haven’t been paying close attention.

The three-year outlook tells a similar story, with Ferrari (12%), German (12%) and Blue Chip (7%) all up, and Muscle (-12%), British (-7%), 1950s American (-7%) and the Small Cap remaining unchanged.

Brian Rabold is the Editor of Hagerty Price Guide.