Hagerty Market Rating - October 2019
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
61.94 as of October 2019*
Drivers of this month's change
<p><ul><li><strong>The Hagerty Market Rating dropped an entire point for October and is down to 61.94</strong>, which is its lowest point since May 2012 when it was at 61.92.</li><li><strong>The number of cars sold at auction dropped slightly for October, while the median sales price at auction is its lowest in a year</strong>. Private sales activity is down as well, but the decrease wasn't as large as it was for auction activity.</li><li>The number of both mainstream and high-end vehicle owners who think that values are growing has been trending downward for over a year, and at this point <strong>both numbers are at their lowest point since they were first included in the Market Rating nearly a decade ago</strong>.</li><li>With the latest update of the Hagerty Price Guide released on September 1, <strong>the Price Guide section of the rating is at its lowest point since April 2014</strong>.</li></ul></p>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.