Index of post-war British collectible cars
Rebounding Sunbeam Tiger prices, strength among Jaguar E-Types, and some surprising growth among Triumph TR6s helped Hagerty’s British Index halt a 16-month skid and record its biggest positive move since May 2015. Yes, the change was only two percent, but any move in the black is noteworthy.
On the downside, the MG-TF took a seven percent tumble and the Triumph TR3A dropped six percent, which were both sizeable falls, but the other losers (the MGB and MGA) only fell one to two percent.
We have long said that the more affordable British cars are facing increasingly more competition in the marketplace as newer, faster, and more reliable cars are readily available for less money. The flip side here is that as those more modern cars eclipse the older cars in price, the older cars become attractive again. That inversion may be a way off, but the prospect can dampen fears that younger buyers simply won’t look to these cars in the future.
The Hagerty Price Guide Index of British Cars is a stock market style index that averages the values of 10 of the most iconic British sports cars from the 1950s-70s. 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.