Hagerty Market Rating - July 2015
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
71.29 as of July 2015*
Drivers of this month's change
<p><ul><li>Following the <strong>biggest decline of the last 14 months,</strong> the Hagerty Market Rating has stabilized for July with a slight increase from <strong>71.55 to 71.59.</strong></li><li><strong>Private sales activity dropped for the first time in 12 months.</strong><ul><li>Both the average sale price and the percent of cars selling above their insured values fell from last month.</li></ul></li><li><strong>Broad market insured values continue to rise for the 14th straight month.</strong> As mentioned last month, however, they continue to slow down and have now done so for the third straight month.</li><li><strong>High-end insured values dropped for the first time since February.</strong></li><li><strong>Expert sentiment is essentially flat month to month, but compared to a year ago it is down 6 points.</strong><ul><li>Expert sentiment typically trends down after Amelia Island and remains conservative until the Monterey sales, and then either remains flat or noticeably increases after August.</li></ul></li><li>June’s reported rating was revised down to 71.55 from 71.71 due to newly released inflation numbers. </li></ul></P>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.