Index of collectible cars priced under $30k
While Hagerty’s Affordable Classics Index wasn’t the biggest gainer of our seven primary indices this last reporting period (the first time in nearly two years), it did continue its gradual increase, moving ahead another two percent. The index is seven percent improved over the past year. Following the overall market’s wild ride in 2014 and 2015, ultra-exclusive models and cheap thrills have been the biggest beneficiaries of a more discerning market, and that continues to be the case (this index representing the latter).
Few cars in this collection actually saw their values change, but two in particular were substantial enough to register. The Porsche 914 continued its two-year ascent with an 11 percent change, and the car now barely qualifies as “affordable”—it is in jeopardy of graduating from this group. The 1970 Chevy Camaro SS also recorded a second consecutive push, moving ahead eight percent over four months. The early second-generation body style has aged well and is enjoying a second look from collectors.
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.