Index of 1960s American muscle cars
In the previous two updates of the Hagerty Price Guide, the Muscle Car Index recorded the largest drops of any of Hagerty’s seven primary indices. The index dropped again for May and is currently at a five-year low, but the decrease was more modest this time around at just 1 percent. While four-fifths of the component cars recorded no change at all since January, small drops for the 1970 Chevelle LS6 and 1969 Mustang Boss 429 as well as a large drop for the 1964 Impala SS convertible were enough to pull the rating down.
It’s a similar story for other mainstream muscle cars, with values either tracking straight or weakening, while many higher tier models sold for lower results than expected during the earlier weeks of the year. Muscle cars have been experiencing volatility since before the events of March 2020, and the ensuing crisis hasn’t helped confidence. That said, muscle cars have an incredibly wide appeal for collectors and enthusiasts, and the most well-known models have found favor among younger car people, which is a good sign in the longer term.
- Andrew Newton, May 2020
The Hagerty Price Guide Index of American Muscle Cars is a stock market style index that averages the values of the rarest and most sought-after muscle cars. 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.