HAGI PORSCHE INDEX

The plain fact is that Porsche, in line with most marque sectors and the overall market, is down year to date. But despite the common ground there is difference, too, as always with Porsche.

In the year to date the HAGI P Porsche measure has declined 3.3%, and 6.44% from the November peak. However, what stands out immediately is that Porsche continues to head the rankings. For each of the last three calendar years the HAGI P has outperformed all other HAGI indices. This has more than offset the comparatively poorer performance in earlier years, from index inception in 2008 to 2013, when Porsche was outpaced, particularly in the peak growth years when Ferrari surged ahead with monumental compound growth.

The end result is that, on the long run from 2008, Porsche has defied its tag as a ‘traditional historic long-term underperformer’ and emerged out front, leading Ferrari by 4% over that period.

Far more emphatic are the bald figures for the last three years. In that period Porsche has gained 56.38%, outperforming the 38.56% advance in the overall market, as well as the 36.79% gain made by Ferrari over that period.

That brings us to today, and a new reality of greatly reduced growth. In fact, year on year Porsche has gained just 1.32%, a smaller return than all other comparable HAGI indices, which have delivered year-on-year growth ranging from 3.08% to 6.79%.

Whatever the future may hold, the legacy of the last decade is that Porsche has most definitely emerged from the shadows and gained status and lasting recognition among a generation of discerning collectors. For more, see historicautogroup.com.