Index of Ferrari
For the second consecutive period, Hagerty’s Ferrari Index saw only two cars gain value: this time the 330 GT 2+2 (rebounding from a 13 percent fall last cycle) and the 330 GTC (also rebounding slightly). Different from last time is that no cars slipped in value (vs. four Ferraris losing ground from September to December 2017). As we have emphasized elsewhere, the thrill is gone at the top of the market and values are largely holding steady.
For now it is more likely that this plateau will linger rather than slide. These cars have low production numbers, unparalleled brand recognition, and a global awareness, all of which work in their favor. Even as tastes gravitate to more modern cars, it doesn’t take many new buyers to mature their preferences towards Enzo-era cars to hold values up.
The Hagerty Price Guide Index of Ferraris is a stock market style index that averages the values of 13 of the most sought after street Ferraris of the 1950s-70s. 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.