Index of Ferrari
While the Blue Chip index saw broad growth relative to recent trends, Hagerty’s Ferrari index only saw two cars increase in value this period. Those two cars (the SWB Cal Spyder and the 250 LM) are expensive enough, however, that their three percent change offset the four losses and moved the entire index up a point.
Modest declines continued for the 275 GTB/4 and the 330 GTC, while the Series II 330 GT 2+2 fell a mighty 13 percent. Otherwise, all was quiet.
Ferraris have always been the most volatile of any make in the collector car market. They typically are the first to move and the first to fall. The fact they have been so stable over the past three years underscores that the market has truly plateaued.
The Hagerty Price Guide Index of Ferraris is a stock market style index that averages the values of 13 of the most sought after street Ferraris of 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.