Index of collectible American cars of the 1950s
American cars from the 1950s are still stuck in a backwater. This group of cars was the lone index this period to fall in value, although it was a scant one percent. It has been a full two years since these cars have notched a five percent annual gain.
The 1959 Cadillac Eldorado Biarritz convertible fell six percent and the 1953 Oldsmobile Series 98 Fiesta sunk four percent. Conversely, the 1956 Continental Mark II, increased by two percent.
Many observers believe cars from this era will be adversely affected by the ongoing demographic shift in the market, but keep an eye out for excellent buying opportunities. Due to their immense size and tremendous amounts of chrome, bringing these cars to top condition is expensive, all of which could make freshly restored examples immense bargains in relative terms.
The Hagerty Price Guide Index of 1950s American Classics is a stock market style index that averages the values of 19 of the most sought after collectible American automobiles of the 1950s. The list below shows the cars that make up the index, while the graph to the left shows this index’s average value over the years. Values are for #2 condition, or “excellent” cars.