Hagerty Market Rating - April 2021

The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.

61.35 as of April 2021*

Drivers of this month's change

<p><ul><li>After dropping in February and March, the <strong>Hagerty Market Rating grew by over half a point this month to its highest point since last December</strong>.</li><li>As live auction events come back onto the calendar and return to (somewhat) normal, both the <strong>number of cars sold at auction and the median sale price are up from last month. Activity on the private market saw a small bump as well</strong>.</li><li>One measure in the Hagerty Market Rating is the number of vehicle owners who believe that values are rising. <strong>The number of both mainstream and high-end vehicles owners expressing that belief increased for the sixth straight month and are at their highest point in the last year</strong>.</li><li>Despite the positive movement above and despite growth from external market forces (like the stock market and home prices), <strong>optimism from market experts dropped this month and the upcoming update of the <i>Hagerty Price Guide</i> saw average condition #3 (good) values drop slightly</strong>.</li></ul></p>

*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.