Affordable Classics

Index of collectible cars priced under $30k

Once again, the Affordable Classics Index was the only one of Hagerty’s seven primary indices to post any growth this past period, with a 4-point boost to an all-time high. While most of the index’s component cars tracked steady, none of them lost value, and the 1967 Beetle and Karmann Ghia continued their upward trajectory. The Datsun 240Z notched a large increase as well, with the best examples now past the point of being considered affordable.

Many of the market’s biggest gainers outside of the index, from BMW 2002s and other classic Volkswagens to Toyota MR2s and Dodge Stealths, also fit into the affordable sub-$40,000 bracket. Worldwide uncertainty of course has implications for the classic car market, but many of those looking to buy in the coming months will naturally be drawn to vehicles that offer a rewarding experience at a lower cost of entry.

- Andrew Newton, May 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.

This index includes