Index of collectible American cars of the 1950s
The biggest loser among Hagerty’s indices this period was our 1950s American Car Index, which slipped two percent—its biggest drop since 2009. As we have noted before, this group is the least volatile indicator on which Hagerty reports, so a two percent decline carries more weight than it does for other segments of the market.
Most of the index’s component cars remained unchanged, but losses by the 1954 Buick Skylark (down eight percent), the 1958 Cadillac Eldorado Brougham (down 13 percent), and the 1957 Chevrolet Bel Air convertible (down ten percent) were enough to drag the entire index. This follows on last period’s major retreat for cars in #3 and #4 condition, all of which suggests caution is advisable in this area if you have long-term intentions with any purchase or restoration project for a car of this description.
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.