The collector car market has hit a skid. Hagerty’s stock market-style index has dropped 13 of the last 14 months, landing at its lowest point in three and a half years. At 173.16, the index is still strong compared to its 18-year history, but it’s down 16 percent since its peak less than three years ago.
Key Points
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Downtrend: Market index falls 13 of last 14 months.
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Current Value: Sits at 173.16, still high historically.
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Loss Since Peak: Down 16% since the recent market high.
The question now is whether buyers will see this as a correction or a long-term cooling in collector car values.
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Tags: Hagerty Market Index, collector cars, classic cars, car values, auctions
Source: Hagerty Market Index