Index of collectible American cars of the 1950s
One of the most reliable indexes Hagerty tracks, our 1950s American Index once again remained unchanged this period. In fact it was one of four unchanged indices. A few cars like the 1953 Cadillac Eldorado convertible (up six percent), the 1959 Cadillac Eldorado Biarritz (up 10 percent), and the Continental Mark II (up seven percent) all had notable gains. Those wins were walked back by the Packard Caribbean (down 10 percent) and the Chrysler 300C (down six percent).
The biggest story here, though, is that American cars from the early 1950s are indeed suffering, especially those cars with needs. For example, it hasn’t been uncommon for convertibles in #4 condition to slip as much as 30 percent in value this past year. It isn’t clear that this degree of decline will extend to the more lavishly chromed and finned models built later in the decade, but it is worth seriously considering this possibility before making a purchase.
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.