Index of post-war British collectible cars
British cars surprised us at the beginning of the year with a 4 percent upward surge, and they have continued that momentum since January, albeit with a smaller 1 percent increase. Bucking the wider trend of affordable cars seeing the most activity, however, it is the most expensive component cars in Hagerty’s British Car Index that are driving the rating upward. The Mk II Sunbeam Tiger and 1965 E-Type each recorded a 5 percent increase, and the 1954 XK120 climbed 10 percent. All others either recorded no change or a loss, the largest of which being the 1961 MGA with a 9 percent drop.
Even though longer-term prospects for this group of cars don’t seem bright since young buyers haven’t shown much affinity for them, Hagerty’s British Car Index is nevertheless at an all-time high. It will be interesting to see how long the interest in higher tier cars like the E-Type will be able to sustain the lagging Triumphs and MGs.
The Hagerty Price Guide 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. 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.