Real Estate Investor Magazine South Africa Real Estate Investor Magazine - Dec/Jan 2018 | Page 62
INVESTMENT VEHICLES
Blue Chip or
Black Hole?
BY RUSSELL BENNETT
Introducing a new REIM feature series unpacking classic
and collectible cars as an investment.
W
hether you already have a nicely diversified port-
folio, and are looking for that final asset class
to round it off perfectly, or you’re searching for
something a bit speculative but with potentially explosive
gains that isn’t connected with the cryptocurrency boom,
you may already be aware of the HAGI Index.
HAGI was born to address the lack of transparency in the
rare and collectible cars investment market, and to this end
through exhaustive research and a global network of princi-
pal players in the business began tracking and analysing the
data to compile and publish the Index itself.
60
DECEMBER 2017/JANUARY 2018 SA Real Estate Investor Magazine
HAGI stands for the Historic Automobile Group
International, an organisation started ten years ago
by Dietrich Hatlapa, serial car collector and an 18-
year veteran of the European finance sector.
The Car Finders (TCF) International had already been
providing its services to clients looking to invest in classic
and collectable cars for two years in 2007, and was already
garnering a formidable reputation as brokers who could