Index of Ferrari
Following a quiet end to 2022, Hagerty’s Ferrari index posted a mild 1 percent increase this past quarter, partly thanks to the ramping up of auction season in January through March. Most component cars remained steady, while the ones that did move saw only modest changes.
There were two clear winners this quarter – the 250 LM gained 3 percent and the Dino 246 GTS grew 5 percent. The 250 LM’s increase comes from the first public offering in years in February at the Retromobile auctions in Paris. While the car went unsold, had it cut loose at the high bid, the total would have signaled an increase. The Dino’s rise comes from a handful of surprisingly strong sales at Amelia Island. What we see in the Ferrari market is similar to the broader Blue Chip market – mixed results but with a generally positive outlook.
-Greg Ingold, April 2023
The Hagerty Price Guide Index of Ferraris is a stock market style index that averages the values of 13 of the most sought after street Ferraris of 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.