Index of collectible cars priced under $30k
Nearly half of the component cars in Hagerty’s Affordable Classics Index gained in value, with cars like the Porsche 914 (up 17 percent) and Volkswagen Beetle (up 7 percent) seeing particularly strong gains. Entry-level cars have been one of the brightest spots in the market and this index’s increase is indicative of that.
Being bright doesn’t necessarily equate to being on fire, though. This segment is best characterized as a slow burn given that it has only once moved more than five percent since we began tracking values in 2006. Impressively, this index also hasn’t lost ground in more than seven years.
As buyers continue to feel out which way the market will turn (if at all), what better way to hedge against that uncertainty than to find some cheap fun and just enjoy the ride?
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.