Our passion and dedication is instilled in everything we do: we strive to break new ground by establishing the first Dutch Sports Car Fund and will only select classic and modern sportcars of the absolute highest standard based on the most stringent criteria such as rarity, originality, condition and history. It is our pleasure to introduce you to Passion Investors.
Independent investment researchers HAGI are publishing monthly data to measure and track values of the rare and collectable car market. This is currently reflected in one overall and four specialized (marque) indices, each using a rigorous financial methodology usually associated with more traditional investments.
Looking at the September HAGI indices it could be concluded that it was a better month: The HAGI Top Index recovered with +5.83% MOM (or +19.47 points) and due to this 2017-to-date performance is, with +2.2%, out of the red figures again.
As a result of this recovery most other HAGI indices followed this monthly increase with the HAGI F (classic Ferrari) leading the pack with + 7.34%, followed by the HAGI Top Ex P&F (Top without Ferrari and Porsche) + 6.56%, the HAGI MBCI (classic Mercedes-Benz) +5.95% and HAGI P (Classic Porsche) gaining +1.08%.
HAGI clarifies these positive results amongst others by : 1) a recovery of confidence in the market after Monterey auctions. 2) Both collectors and investors are prepared to pay strong prices for exceptional and outstanding specimen. HAGI notes however that they, due to low transaction volumes, remain cautious on the market.