The latest update to the Hagerty Price Guide was published on 20th April. The Guide now covers 1,987 models, and we’ve recently expanded our coverage of various ranges including the Citroën DS/ID, BMW Z3, Lancia Montecarlo, Lamborghini Diablo and others.
Overall, the market seems to be returning to a state of growth: the Hagerty Classic Index (which tracks 50 popular classics) showed an average rise of 3.38%, up from 1.78% in late 2017.
News from the trade seems to support this: despite the awful weather, dealers are reporting that spring 2018 has been a good time after a period of uncertainty from the end of summer 2017.
Just two cars on the Index fell this quarter: the Austin-Healey 100-4 BN1 (down 0.63% to an average of £47,625) and the Ferrari Testarossa (down 2.76% to an average of £113,675).
Whilst the Austin-Healey fall is negligible, the Testarossa’s dip continues a trend that has seen the model lose value steadily over the last four HPG updates. Hagerty feels this says more about the massive rise in advertised Testarossa prices that took place over the period to late 2016 that just weren’t sustainable for all but the very best.