VDA’s German Classic car Index
The prices of classic cars again showed a modest rise last year. The German Classic Car Index published annually by the German Association of the Automotive Industry (VDA) added 5.6 percent in 2015, taking the value from 2,285 to 2,413 points. This growth almost exactly equals the average annual rise since the index was launched in 1999. The German Classic Car Index clearly demonstrates a long-term growth trend.
For the first time ever, a Japanese classic car tops the ranking of vehicles with the greatest year-on-year increase in value: the Toyota Celica Coupé built from 1972 to 1978 is way ahead of the field. Its closest rival in terms of value growth is from the US, the Pontiac Firebird built in 1978 and 1979. Third place is taken by the Porsche 356 C with 75 hp, which dates from the years 1964 and 1965 and is followed by the Ferrari 328 GTS (built from 1985 to 1988). Fifth in the ranking is the Mercedes-Benz 280 SL (from 1968 to 1971) – better known as the Pagoda. An interesting “climber” takes ninth place – the first generation Mazda MX-5 convertible (1989 to 1994). This is a “modern classic car” that indicates where the Classic Car Index is heading in the future.
By contrast, the ranking of vehicles with the strongest value growth since index calculations began in 1999 is once again headed by the legendary Mercedes-Benz 300 SL (Gullwing) – this is the car that has increased the most in value since 1999. It is followed in second place by another icon of automotive history, the VW bus Type 2 T2. Third place goes to another favorite, namely the Citroen 2CV 6. Both of these vehicles owe their high value growth during the past 15 years in part to a relatively low starting point. They are followed by a more everyday vehicle from the 1970s: the Ford Escort 1100 S (built from 1968 to 1970). The fifth best value performance since 1999 is achieved by the Porsche 924 Coupé (built from 1976 to 1979).
The German Classic Car Index is compiled by the Bochum specialist valuers classic-analytics on behalf of the VDA. It is calculated on the basis of 88 representative vehicles selected for their specifications, manufacturer’s country of origin, and rate of occurrence on the German classic car market. Current registration figures are also taken into account in the calculation.
Index Development Since 1999
Vehicle Ranking by Change in Value 1999-2015
Vehicle Ranking by Change in Value Compared to Previous Year