Hagerty Market Rating - December 2017
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
64.24 as of December 2017*
Drivers of this month's change
<p><ul><li>After three small but consecutive increases, <strong>the Hagerty Market Rating has dropped 0.29 points to 64.85</strong>.</li><li><strong>On the auction market, the number of cars sold in North America has fallen by 5% over the last 12 months</strong> and the average sale price has taken a small dip as well, so the<strong> auction activity section of the rating currently sits at a five-year low</strong>.</li><li><strong>Things look better on the private market</strong>, meanwhile, as this section saw its <strong>largest increase in over three years thanks to a sizable bump in the average sale price</strong>.</li><li>For both high-end and mainstream vehicles, the number of <strong>owners expressing the belief that the values of their vehicles are rising continues to drop</strong> as it has all year.</li></ul></p>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.