Prices for rare collectors´ cars advanced by 0.39% in February, up 0.53 index points to 335.92 (HAGI Top Index). Furthermore, the decline of the HAGI Top over 12 months was reduced to 2.31%.
HAGI F (classic Ferrari) and HAGI P (classic Porsche) both lost 1.17% and 3.72% MOM respectively and classic Lamborghini (HAGI LPS Index) also traded lower by 2.20%.
The best monthly performer was our index for marques other than Porsche and Ferrari (HAGI Top Ex Index) which advanced by 3.33%. Classic Mercedes-Benz (HAGI MBC-Index) also gained 0.73%. For more details please view the table above.
Monthly and year-to-date performance for all HAGI Indices has been holding up well compared with equity markets which have lost 15.4% in USD and 14.47% in GBP (MSCI* World Index) in the first two months of 2020.
Source: HAGI February Newsletter