Index of collectible cars priced under $30k
Of Hagerty’s seven primary indices, the Affordable Classics Index hasn’t seen the sharpest increases in recent years, but it has seen the longest, most consistent period of growth. And as other segments slowed or retreated, entry-level vehicles kept humming along. Affordable classics have kept the momentum through 2020 so far, recording the largest increase of any index this past period and reaching an all-time high. Most component cars remained steady and only one lost ground, while the 1971 Datsun 240Z posted its largest increase since 2016 and its second largest ever. The original Z-car, a progenitor of modern Japanese performance, is worth more than twice what it was just six years ago. Clean examples are now well beyond the point of affordability.
Affordable cars are selling quickly, and pristine ultra-low-mile examples continue to command surprising prices. Regardless of what is happening in the wider economy, entry level cars represent a safe haven for people who want something fun and distinct without taking a risk on something more exotic.
-Andrew Newton, September 2020
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.