Index of collectible American cars of the 1950s
Our 1950s American Index was the biggest loser in January with a 2 percent drop. That represented considerable movement for a market segment that traditionally isn’t very dynamic, and it was the index’s biggest drop since 2009. While there was more positive movement for more of the index’s component cars this period, it nevertheless recorded another 2 percent drop, and it isn’t far off its five-year low in 2014.
The index’s most expensive car, the 1953 Cadillac Eldorado, saw the biggest decrease of 12 percent (or $25,000) along with the 1955 Packard Caribbean. There have been other major retreats recently for postwar American cars in #3 and #4 condition, and it’s a trend that doesn’t show signs of reversing. As interest wanes, though, well-kept older restorations may present serious buying opportunities, and their tons of style and chrome per dollar may attract new, more value-conscious buyers. Cars with expensive needs, meanwhile, are not likely to fare as well.
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.