Index of 1960s American muscle cars
With three cars up and three cars down, Hagerty’s Muscle Car Index netted no gain over the past four months. Three-year returns are still impressive however, with this group’s 35% increase since May 2014 being the largest of Hagerty’s seven primary indices. Muscle cars certainly lagged the rest of the market following the recession of 2008-09, but they have also lagged the overall market’s post-2014 slowdown.
Earlier this year some observers theorized that muscle car buyers would feel much more confident in making a purchase now that the 2016 U.S. presidential campaign was over, but we haven’t seen that reflected in a price surge yet. That activity may still take hold, and may cause prices to ratchet up broadly, but it is too early to tell for certain.
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.