Index of collectible cars priced under $30k
Hagerty’s Affordable Classic index has seen virtually no change over the past four months. Although most market activity is happening among affordable cars, (1) most of those cars are newer models that fall outside of what is represented here, and (2) build numbers are so high for cars in this price bracket that increased activity isn’t translating to broad appreciation.
Even though the gains aren’t gaudy, only two of the cars in this index have lost value over the past three years, with over half of the remaining cars appreciating more than 10% during the same period. While you’d have to be a volume player to get rich trading these cars, it is certainly true that enjoying these cars can ultimately be free if you can keep your carrying costs down.
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.