Index of post-war German collectible cars
Hagerty’s index of collectible German cars, once the hottest segment in the market, recorded its fourth consecutive decline, again at a 2% clip. This group of cars is down 5% year over year, although it is still 7% improved over the past 36 months—a pace it maintained in 2011, before it became red hot.
Weakness in the Mercedes market was the smoking gun this past period, as Porsches (356 Speedsters excluded) held firm and BMWs had mixed results. Of the six Benzes gathered in this index, five lost value. At the top of the bottom list was the 190SL, with a 14% loss.
Further slides here are expected, but nothing major. As we have noted before, these brands remain highly relevant for today’s collectors, and many of these models have simply become too expensive for many enthusiasts. Even a 10% reduction in price would back within reach of enough end users to reach equilibrium.
The Hagerty Price Guide Index of German Cars is a stock market style index that averages the values of 21 of the most sought after cars from BMW, Mercedes-Benz and Porsche from 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.