HAGI Mercedes-Benz Classic index

THE MERCEDES BENZ Classic index has always been characterised by moderation and a degree of separation from its stablemates. This is in part due to its broader composition, spanning a wider value range than other HAGI marque indices. One other differentiator is that it contains some key higher-value models that were produced in far bigger numbers than other brands’ offerings at similar price levels. For all its relative steadiness, the MBCI stood out in September with a 6.10% push, overcoming the 3.41% dip in August (which was dominated by US auction sales) to hit a new peak of 169.94. Moreover, in September it outperformed all other HAGI individual marque indices. Indeed, the only HAGI index to advance more in September was the Top-ex, which excludes Ferrari and Porsche. That may reflect a…

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Octane (Digital) - 1 Issue, December 2015

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