The Hagerty Price Guide Indexes—first published in 2009—are a series of stock market-style indexes that average the condition #2 (“excellent”) values of representative vehicles, or “component” cars, from a particular segment. These indexes are updated quarterly and provide an overview of how these segments of the collector car market are performing overall, as well as relative to each other.
Hagerty released new Price Guide values on July 1, and along with them updated numbers for our major indexes. More parts of the collector car market lost value than gained value last quarter, though changes in either direction were minimal. Overall, the market continues to seek a new floor at a snail’s pace. Of the 11 indexes, six shed value, three advanced, and two were unchanged.
The Ferrari Index led with a 3% gain from April to July, though that was courtesy of a large price change for a single model. Hagerty’s Supercar Index and index of RADwood-era collectible vehicles from the 1980s and 1990s were the other two winners with a slight 1% gain, underscoring that even bright spots in the market aren’t exactly on a tear.
In the opposite direction, Hagerty’s index of 1950s American cars fell the most with a 3% decline, and the German Car Index lost 2%. Four other indexes moved down (Blue Chip cars, British cars, Affordable classics, and vintage Trucks and SUVs), but only by 1% each. The Muscle Car Index and Japanese Car Index were both static for the quarter.
Q2’s changes are part of a longer pattern, as only four indexes have gained ground over the past year, while seven have lost value. Movement during that time has been small, especially compared to the double-digit annual changes that were common earlier this decade.
The Hagerty “Blue Chip” Index of the automotive A-List is a stock market-style index that averages the values of 25 of the most sought-after collectible automobiles of the post-war era.
Hagerty’s Blue Chip Index fell a point this past quarter, ending a two-quarter stasis streak. This segment finds itself down 1% for the year, and 3% over the past two, largely tracking the overall market in the process.
The 427 Cobra was the index’s lone winner, climbing 4% to erase last year’s loss. In contrast, the BMW 507 and Maserati 5000 GT each fell 11%, while the Porsche 911 Carrera RS lost 7%. In all, five cars in this group lost value last quarter, but close to three-fourths of the cars in this group didn’t change at all, holding the segment in check.
The Hagerty Index of British Cars is a stock market-style index that averages the values of 10 of the most iconic British sports cars from the 1950s-70s.
Classic British cars continue to slide, with a 1% fall this past quarter. This index has lost value four out of the last five quarters and is now 6% off where it was a year ago. Of the 10 cars in the index, four increased, four decreased, and two were unchanged.
The index’s biggest increase was for the Triumph TR3A, which moved an impressive 6%. The Triumph TR6 and Austin-Healey 3000 BJ8 were the other biggest gains with a 2% bump. On the flip side, the Sunbeam Tiger II fell for the fourth consecutive quarter—this time with a weighty 9% drop. The MGA also realized a significant 7% fall.
Savvy buyers will recognize that a host of fun cars in this part of the market—many of which were lovingly owned and maintained—are slowly entering new levels of affordability.
The Hagerty Ferrari Index is a stock market-style index that averages the values of 13 of the most sought-after street Ferraris of the 1950s-70s.
Hagerty’s Ferrari Index recorded its first positive move in two years. Before you fire up the band, though, note that this change was on the back of just one car—the mega-expensive 250 LM—which increased by 9%. The other 12 cars in the index were completely unchanged. The LM’s increase, impressive as it was, wasn’t enough to recoup this segment’s slipping values over the previous three quarters, leaving the overall group 2% down from July 2024.
It’s too early to tell if Enzo-era Ferraris are suffering from an enduring shift in demographics, or if they’ll rebound when the broader market regains some vibrancy. Signs earlier this year hinted at a revival, but price hikes have yet to follow.
The Hagerty 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 Muscle Car market was unchanged last quarter, extending its calm streak to three consecutive quarters. This is certainly good news for owners, but not enough to erase adjustments from a year ago that leave the index 4% reduced year over year. In all, five cars in the index increased in value, seven fell, and three held firm.
The Plymouth Hemi Superbird was the big winner for the period with a 12% jump—one of the biggest changes of any car in Hagerty Price Guide. The Oldsmobile 4-4-2 increased a substantial 8% for the quarter, and the Ford Mustang Boss 429 increased 6%. Newton’s Third Law was in effect, though, and the Chevelle SS 454 fell 12%, the Pontiac GTO dropped 8%, and the Mercury Cougar GTE 428 slipped 6%.
As with other established parts of the market, demographics don’t inherently favor muscle cars, but they are much more insulated than other segments due to their prominence in contemporary pop culture.
The Hagerty 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.
Hagerty’ German Car Index dropped 2% last quarter, which was its first quarterly dip since May 2020. It was also the first change of any description for the group over the past year. In all, six component cars fell, two increased, and 13 held firm.
BMWs were hit hardest, with all four Bimmers in the index falling. The 507’s 11% fall was the largest of any car in this group and represented a $250,000 loss over the last three months. Porsches were quiet, with nine of 10 cars holding steady (the lone mover being the Carrera RS’s 7% slide). Mercedes had two gainers: The 600 sedan increased 11% and the 190SL moved up 5%.
Collectors continue to seek out German cars—and Porsche in particular. Right now, though, buyer interest for these cars is focused on newer eras and not those from the 1960s and 1970s.
The Hagerty Index of 1950s American Classics is a stock market-style index that averages the values of 19 of the most sought-after collectible American automobiles of the 1950s.
American cars from the 1950s continue to fade in the market. Last quarter, 12 of the 19 cars in this group lost value, dragging the index down 3%. These changes erased the previous quarter’s 1% gain to leave the group 2% down year over year. The index’s remaining seven cars remained unchanged.
The 1953 Hudson Hornet was hit hardest with a 20% drop. Despite being a landmark design, the car has now lost a third of its value over the last five years. The Packard Caribbean dropped 6%, and four other cars from various brands fell 5% each.
A lot of pundits view this segment as the canary in the Baby Boomer coal mine, and it appears that interest is waning and values are inching down as a result. The next question is what price level will prompt new collectors to view these cars as bargains instead of being overpriced.
The Hagerty Index of Affordable Classics is a stock market-style index that averages the values of 13 undervalued cars, priced around $40,000, from the 1950s-70s.
Hagerty’s index of affordable classics is down 1% for the second quarter of 2025 and 4% over the past year. This segment was one of the biggest beneficiaries of the COVID-era price spike, and it continues to slowly release steam as the market returns to normal.
Only three cars increased in value this past quarter, with the leader being the 1965 Mustang GT (up 8%). Another five cars fell, with the 1965 Corvair Monza convertible (-18%) and the 1970 Camaro (-9%) falling furthest. The remaining five cars in the index were unchanged.
This segment’s accessibility and variety make it one of the most active, and it serves as a good representation of how most of the market is moving today.
The Hagerty RADindex is a stock market-style index that averages the values of 21 collectible vehicles from the 1980s and 1990s.
Hagerty’s RADindex moved up a nominal half percent over the last three months, which is consistent with the last two years of quarterly changes for this segment. The move leaves the index a modest 2% improved over the last year.
Nearly half of the index’s vehicles stood still, with three moving down and eight moving up. The biggest fall was the Volkswagen Golf GTi Mk II’s 5% drop, though the car is still worth a stunning 72% more than it was 12 months ago. The Ferrari Testarossa and BMW E30 M3 both lost 1%.
On the upside, the biggest winners from this index were the Kawasaki ZX900 Ninja (+14%) the GMC Syclone (+6%), the FD Mazda RX-7 (+5%), and the Delorean DMC-12 (+5%).
Demographics are still helping to propel this part of the market, as children of the 1980s and 1990s are ramping up their buying activity. There is still a lot of room for this trend to continue.
The Hagerty Truck and SUV Index is a stock market-style index that averages the values of 18 collectible trucks and SUVs from the 1940s to the 1990s.
Hagerty’s Truck and SUV Index had more ups than downs last quarter, with eight vehicles increasing versus six decreasing. The magnitude of the decreases was big enough, though, to pull the index down 1%. Over the last 12 months, this part of the market is still up 2%.
The Dodge Power Wagon gained 10% since April, while the 1973-91 Chevrolet C/K Series pickups surged by 9%. The Toyota FJ40 moved ahead 7% to regain some of its losses from earlier in the year. Declines by the Jeep Grand Wagoneer (-20%), 1969-72 Chevrolet C/K Blazer (-9%), the International Scout II (-9%), and others, were too much to overcome, though.
Like the index of affordable classics, this segment has a lower price of entry and is therefore more active than other parts of the market. Unlike the Affordable Classics Index, however, most of the trucks’ and SUVs’ pandemic pricing hasn’t gone through a correction yet.
The Hagerty Japanese Vehicle Index is a stock market-style index that averages the values of 19 collectible Japanese vehicles from the 1960s to the 2010s.
Hagerty’s Japanese Vehicle Index was unchanged for the second quarter, and is up 1% for the year. The index has plateaued since its 2021-22 moonshot and is only 1% off its October 2022 highwater mark.
Most of the index was parked last quarter, though four vehicles did gain value and five decreased. The Acura Integra (+10%), 2000-03 Honda S2000 (+7%), and the FJ40 Land Cruiser (+7%) topped the leaderboard. In the red were the Nissan Figaro (-10%) the R32 Nissan Skyline GT-R (-9%), and a handful of others with smaller slips.
The Hagerty Supercar Index is a stock market-style index that averages the values of 15 collectible modern supercars and hypercars.
Supercars have been one of the quickest rising parts of the market over the last 10 years. The same is still true for this group, though the tone of the market has changed drastically over the last decade. Gone are the 6% or 7% quarterly gains this group averaged in 2014, now replaced by 1% changes, which is the amount Hagerty Supercar Index moved over the last three months. The group is priced 3% higher than it was a year ago.
The Porsche Carrera GT was the lone loser with a 10% skid. That drop was matched by the Mercedes-Benz CLK GTR’s 10% increase. Other positive movers were the 2005-06 Ford GT, which increased by 6%, and the Ferrari F40 and Bugatti Veyron, which both improved by 3%.
As they were when they were new, supercars are still aspirational, engaging, and rare, which should help keep demand ahead of supply for the ensuing years.
