Hagerty Market Rating - July 2018
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
64.52 as of July 2018*
Drivers of this month's change
<p><ul><li>The Hagerty Market Rating continues its upward trajectory with its <strong>fourth consecutive increase. At 66.42, the overall rating is at its highest level in over a year</strong>.</li><li>There were slight dips in both auction activity and private market activity for June, but with a slight <strong>increase in the number of cars sold at auction and a notable bump in the average sale price on the private market, both sections are up for July</strong>. They were the biggest drivers of growth for this month's rating.</li><li>Optimism from market experts led to a <strong>slight increase in the expert sentiment section</strong>.</li><li>Optimism from vehicle owners is mixed for July, with the <strong>number of owners of mainstream vehicles who think that values are increasing at about where it was last month, while the number of high-end vehicle owners expressing that belief decreased slightly</strong>.</li></ul></p>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.