In total the Collector Car Price indices tracked 884 sales during Q2 2017 from 48 auction events. Volume of sales was up on Q1, although all indices posted a loss during the quarter.
Market conditions Q2 2017
Note: we are still seeing some adjustment in the CCP100 to account for the increased number of British auctions we now cover (covering a higher volume of cars that make up the index).
All indices we’re down on Q1 this quarter. American Muscle performed best posting just a 1% loss on Q1, leaving it only 2% down for the year.
Ferrari, German Collectables, Blue Chip, and British Collectables were all down from between 5.5% - 7.5%. This has eroded most of the gains these indicies have made in the last 12 months, with only German Collectables showing a 12 month rise of 1.79%.
These four indices pulled down the CCP100 this quarter, down 5% at 284 points. That’s 4% down on this time last year.
Notable sales from indices Q2 2017
|Car Year||Car Make||Car Model||Car Price USD|
|1935||BUGATTI||TYPE 57 ATALANTE PROTOTYPE||$3,377,808.00|
|1993||PORSCHE||911 RSR 3.8||$2,251,872.00|
|1964||FERRARI||250 GT/L LUSSO||$1,595,076.00|
|1996||PORSCHE||911 GT2 EVO||$1,450,000.00|
|1939||BUGATTI||TYPE 57 C||$1,420,519.00|
|1958||MERCEDES-BENZ||300 SL ROADSTER||$1,261,113.00|
|1962||MERCEDES-BENZ||300 SL ROADSTER||$1,166,301.00|
|1960||MERCEDES-BENZ||300 SL ROADSTER||$1,100,000.00|
Four, yes four 300SL’s in the top 10. Volume and prices of these in the market continue to rise steadily.
Collector Car Price Indices have been put together by a combination of collector car expertise and financial experience. Below is a full list of indices we track and links to view their historical performance.
- Affordable Classics - 13 classic cars
- Blue Chip - 25 classic cars
- British Collectables - 10 classic cars
- Ferrari - 16 classic cars
- German Collectables - 21 classic cars
- American Muscle - 15 classic cars
- Collector Car Price 100 - 100 classic cars
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