Hagerty shows strong appreciation for coupes now. I got this from them:
Scott
HAGERTY PRICE GUIDE UPDATED: “AFFORDABLE” CARS LEAD THE WAY
By: Brian Rabold
As reported
last week, the Arizona, Retromobile, and Amelia Island auctions all aligned with signals from the private market, the emergent theme being “affordability.”
Recently published Hagerty Price Guide (HPG) values, reflecting this pattern, show that collector car demand has moved down-market. The only one of Hagerty’s collector car indices to increase in value since January was the
Affordable Classics Index, which logged a modest 1 percent gain. Meanwhile, the
Ferrari and
German indices—two of the three most expensive market segments—both fell by 2 percent. The
Blue Chip Index was unchanged.
These trends clearly suggest that spending at the upper reaches has become much more measured. Once-in-a-lifetime opportunities still attract buyers, but typical examples do not.
A broader look at pricing changes in the HPG confirms this as well. Cars valued above $100,000 have been slow to sell, so far this year, and consequently fewer of them increased in HPG value than at any point since 2009. This echoes a pattern begun as 2016 ended, showing that this selectivity is an enduring trend.
While buyers at the upper end are becoming much more discerning they aren’t necessarily refraining from buying altogether. In many cases they are shifting their attention to cars that represent less financial risk. This change in focus is increasing competition for more affordable options, which is one of the reasons why the average appreciation for cars priced below $100,000 was 0.5 percent while it was only 0.2 percent for those valued above $100,000. Standouts here include the
BMW 3.0CSi (16 percent appreciation) and first generation
Ford Bronco (10 percent appreciation)...
