Classic car values up 5.4% in September

Classic car values up 5.4% in September
Values in the classic car market rose markedly last month, according to new figures.

Mercedes Benz 300
Classic Mercs enjoyed a particularly good September

Statistics from car market price tracker HAGI reveal the classics sector grew by 5.4% in September.

Classic Ferraris saw a 5.3% increase in price, while vintage Mercedes-Benz models grew 6.1% in value.

The gains will offer encouragement to classic car investors, who have noted a major slow down in price gains in recent times compared with the heady 47% overall increase posted in 2013.

For the year to date, the overall classics sector is up 13.8%, while Ferrari and Mercedes are up 13.7% and 5.7%, respectively.

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