HAGI classic car indices
The HAGI classic car indices are four indices which track the price performance of collectible cars, both classic and contemporary.
The indices are produced by the London, UK-based Historic Automobile Group International (HAGI), which specialises in research on classic cars. The indices were first produced in December 2008.
The HAGI Top Index has been backdated to 1980.
Data is released each month and is published in the Financial Times, as well as on the HAGI website.
The four HAGI Classic Car indices
The four indices consist of:
- The HAGI Top Index: An overall market measure for rare collectors’ cars, from pre-war to the present day.
- The HAGI Top ex P&F Index: The HAGI Top Index excluding Porsche and Ferrari.
- The HAGI F Index: Measures collector-grade Ferrari models, from the 1950s to the present day.
- The HAGI P Index: Measures collector-grade Porsche models, from the 1950s to the present day.
- The HAGI Top Index: Up 13.89%
- The HAGI Top ex P&F Index: Up 21.65%
- The HAGI F Index: Up 10.58%
- The HAGI P Index: Up 4.53%
The data for the four indices is collated from auction results, dealer sales, marque specialists and contacts HAGI has within the industry.
The figures are formed using a special formula more commonly employed in more-traditional investment areas.