Hagerty Market Rating - April 2015
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
71.51 as of April 2015*
Drivers of this month's change
<p><ul><li><strong>Expert sentiment is up</strong> in the wake of strong middle-market sales at Amelia and extremely rational bidding at the very top of the market.</li><li><strong>Year-over-year dollar volume was up over 30% at Amelia</strong>, but part of that can of course be attributed to Bonhams’ entry into the Amelia Island auctions for the first time in 2015.</li><li><strong>Private sales were extremely robust in March</strong>, with the average sale price up 13% year-over-year.</li><li>The percentage of cars selling at about their insured value was at an <strong>all-time high</strong>. More than 36% of private sales tracked were at amounts in excess of insured value.</li></ul></P>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.