Blue Chip

Index of the Automotive A-List

Hagerty’s Blue Chip index had a second consecutive up period to leave it four percent improved year over year. The increase may have only been a point, but this 12-month gain is the strongest this group of cars has recorded since May 2016. The index now sits at a high-water mark.

Last time the Blue Chippers were propelled forward by the Jaguar D-Type. This time around the gains are more widespread and not nearly as gaudy. The Miura SV recouped all of its losses from the last period with a six percent improvement, the Shelby Cobra moved ahead by five percent, and the Toyota 2000GT continued to rebound with a five point gain.

On the downside, the Mercedes-Benz 300SL roadster lost six percent and the Ferrari 275 GTB/4 dropped five percent, showing that some of 2014’s high flyers are still suffering from a hangover. That may not last long, however, given that these drops are slowly decreasing.

-Brian Rabold, January 2018

The Hagerty "Blue Chip" Index of the Automotive A-List is a stock market style index that averages the values of 25 of the most sought-after collectible automobiles of the post-war era. 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.

The term "Blue Chip" at one time referred to the highest value chip at a casino. Since the 1920s, "blue chip" has been a stock market term for the most stable and consistent stocks.

This index includes