Index of collectible cars priced under $30k
The Affordable Classics index is the only one of Hagerty’s seven primary indices to gain in value, although at a very modest 1% rate. Still, even that slight amount continued to push this group to an all-time high. Furthermore, our Affordable Classics index hasn’t decreased in value since September 2011.
As much as anything, all of this emphasizes that market infatuation has shifted away from expensive cars and settled on affordable options. This isn’t to say that wealthy buyers are sitting on the sidelines, however. In truth, more buyers are joining the mainstream and finding fun options at entry-level prices. For some, these cars fit the budget. For others, these cars offer much less risk.
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.