Over the last decade or so, global values in the classic, vintage and collectible car market have improved significantly.
This perpetual increase in values has seen record prices achieved regularly at auctions around the world.
What drove a market to become a significant economy in such a short period of time, on the back of very little quantifiable or reliable information?
It was this lack of data that prompted Dietrich Hatlapa to found the Historical Automobile Group International (HAGI) in 2007.
HAGI is now a leading independent investment research house and think-tank with specialised expertise in the rare classic motorcar sector.
The purpose of its approach is to lend transparency to the sector and enable market participants to make informed decisions based on data driven fundamentals.
In this endeavour, Dietrich and HAGI developed the HAGI Indices, benchmarks which track this alternative asset class accurately for the first time. The HAGI Indices use rigorous financial methodology usually associated with more traditional investments.
HAGI Value in the Classic Car Market Conference (VCCM)
Further to these indices, HAGI created the VCCM (Value in the Classic Car Market) conference. VCCM is a platform which encourages conversations and the sharing of information related specifically to a complex economy often driven by emotion, passion, curiosity as well as a desire to make a return on investments.
The VCCM conference facilitates the flow of information on trends, benefits, pitfalls and aims to equip the individual with the tools necessary to make informed decisions.
Conference attendance typically ranges from the highly experienced collector, investor and service providers, right down to novices and enthusiasts looking to participate.
HAGI’s VCCM conferences were held in 2014, 2015 and 2016 together with the Tuck School of Business at Dartmouth College and Centre for Private Equity and Entrepreneurship at Tuck in Hanover, USA.
VCCM South Africa
The South African classic car and collectables market is unique and deals with its own supply and demand constraints.
The VCCM aims to bring meaning and insight to participants in a local context.
The inaugural HAGI VCCM Conference was held to great acclaim in August 2017 during Concours South Africa in Sun City.
Attendees experienced a blend of expert opinion and guidance from local and international classic car authorities.
In building on the success of the 2017 conference, event organisers held a bigger and better conference in 2018 in Sandton which expanded
on important topics and introduced a broader range of content.
In 2019, the VCCM conference moved to the picturesque Garden Route town of Knysna, taking place between the Knysna Motor Show and Jaguar Simola Hillclimb.
VCCM 2019 will again cover a broad range of topics and attract another impressive line-up of speakers.
The focus of VCCM will continue to be on classic cars, while other collectable assets such as vintage motorcycles, fine art, wine, whisky, watches, jewellery etc. will
feature more prominently every year.
VCCM South Africa aims to be the premium event for information related to the classic car and collectables market in South Africa, providing a platform for
independent thought leaders and experts to share their passion and engage participants in meaningful conversation toward the growth and preservation of our local market.