Mercedes-Benz Classic Car Prices on the Rise
Oddly, the record-breaking sale of the Mercedes-Benz W196 R racing car a few months ago - which went under the hammer for no less than 20.9 million sterling pounds including fees and taxes – didn't have a direct effect on the index's increase.
According to HAGI's Top Index criteria, such rare vehicles are excluded because there's not actually a market for them and they are almost always very different from one another.
Nevertheless, the title of “world's most expensive car ever sold at an auction” can only bring good things to the image of a car brand in the overall classic market, drawing attention to other vintage models from Mercedes-Benz.
The Historic Automobile Group International (HAGI) was founded in 2007 and is an independent research institute for investments, specializing in rare classic cars.