Hagerty Market Rating - August 2019
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
63.70 as of August 2019*
Drivers of this month's change
<p><ul><li>The <strong>Hagerty Market Rating reversed a series of three consecutive decreases this month with a bump to 63.70</strong>, but the increase was small at less than a fifth of a point.</li><li><strong>August's increase was almost entirely down to auction activity</strong>. Although the median sale price decreased, this was offset by an <strong>increase in the number of cars sold</strong>. Activity on the private market, meanwhile, saw a small decrease.</li><li>The number of both <strong>mainstream and high-end vehicle owners who think that values are growing remained flat in July, but it has generally trended downward all year and continued to do so in August</strong>.</li><li>August's rating does not factor in the results from the flurry of high-dollar auctions in Monterey that took place in the second half of the month. <strong> Monterey numbers will be included in September's rating</strong>.</li></ul></p>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.