Index of collectible cars priced under $30k
For the third consecutive period, Hagerty’s Affordable Classics Index was the biggest gainer of our seven primary indices. This underscores two facts. First, changes throughout the market have been small enough that a three percent change is sufficient to take star segment honors. Second, and more importantly, cheap fun is more appealing to buyers in times of unease as the mental reward and minimal risk create an attractive package.
Significant movers in this group are familiar ones. The Porsche 914 has officially shaken its ill-earned and decades-old stigma and is 45 percent more valuable than it was a year ago. The Volkswagen Beetle also had another strong cycle, increasing by seven percent again.
The Hagerty Price Guide Index of Affordable Classics is a stock market style index that averages the values of 12 cars priced under $40,000 from the 1950s-70s. Most of the cars in this index are priced below $25,000. 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.