HAGI reveals classic Ferraris up 1.58% in September

The value of classic Ferraris continued to grow in September, according to figures from Historic Auto Group International (HAGI), as the marque outstripped the performance of the classic car market as a whole.

The value of Ferraris increased by 1.58% during the month, raising the figure to 28.39% since January.

The positive numbers were in contrast to the classic car sector in its entirety, which was down by 2.20% on the previous month.

The correction follows a superb August for the classic car market, in which the index gained in value by 12.29%, boosted by strong performances at the Monterey auctions.

It is currently up 18.82% since the start of the year, and despite the disappointing August the HAGI experts remain in positive mood.

"A large number of high quality cars traded during the month [are] pointing towards healthy markets as well as ample liquidity in the global financial system," the company said.

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