Hagerty Market Rating - April 2022
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
76.97 as of April 2022*
Drivers of this month's change
<li><strong>The Hagerty Market Rating is at a new all-time high</strong> after thirteen consecutive months of growth. However, momentum appears to be slowing.</li>
<li>After a good showing at Amelia Island, auction activity is at record highs though median prices dropped to early 2021 levels - possibly a sign that the market could be returning to normal.</li>
<li>More cars are trading hands privately than ever before and <strong>insured values for all vehicles have increased every month since September 2020</strong>.</li>
<li>Values are up across the board in the April 2022 edition of the Hagerty Price Guide. The <strong>median #3 condition value is at its highest point ever</strong> and the values of the 100 most insured vehicles are at their highest point since March 2008.</li>
<li>Storm clouds could be on the horizon as our macro-economic indicators dropped for the third month straight. Our market experts remain optimistic but lowered their ratings from last month's high citing inflation and the rising cost of car ownership as an area of concern.</li>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.