Octane

HAGI MERCEDES-BENZ CLASSIC INDEX

- Dave Selby

Beyond its own story, the MBCI reveals a dynamicall­y changing landscape. In May, when all other HAGI indices traded down or were unchanged, the MBCI gained 2.15%. In the year to date, the MBCI is up by 6.86%, while all other indices are in negative territory. Year-onyear, the MBCI has posted an advance of 16.6%, more than doubling the performanc­e of all other indices, and in some cases outperform­ing other sectors by a factor of four or more.

There’s more going on here than a shortterm fluctuatio­n. It’s down to the characteri­stics of the marque and also the compositio­n of the MBCI, which includes younger, cheaper and more numerous models than other HAGI indices.

The Mercedes-Benz back catalogue has far greater breadth than those of the purely sporting and exotic marques, including saloons and high-end models produced in large numbers. This has obvious appeal for collectors diversifyi­ng beyond truly rare, high-priced exotics into cars that deliver most of what the ‘icon’ models do, but at a lower entry point and with a less intensive ownership experience.

And while in all sectors the top end is characteri­sed today by highly selective cherrypick­ing, the fertile hunting ground among more mainstream cars and ‘youngtimer­s’ results in a higher level of liquidity and pricing transparen­cy. Both these points apply beyond the MBCI, right across the market.

There is one thing that sets Mercedes apart, however: the custodians­hip of the brand provided by Mercedes-Benz Classic. The Classic progamme is an industry benchmark, and its message is clear: as a Mercedes owner, you’re part of the family. For further analysis, visit historicau­togroup.com.

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