Hagerty Market Rating - December 2015
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
70.84 as of December 2015*
Drivers of this month's change
<li>After increasing for the first time in six months for November, the <strong>Hagerty Market Rating is down by 0.22</strong> for December.</li>
<li><strong>Expert Sentiment actually remained flat.</strong> This is the first time in 14 months that Expert Sentiment hasn’t changed up or down.</li>
<li><strong>Broad-market insured values are down</strong> for the third month in a row.</li>
<li><strong>Values for high-end cars saw a similar decrease</strong> and are down for the fourth month in a row.</li>
<li>As <strong>gold prices are at their lowest in more than seven years and the S&P 500 has bounced back after the drop in August</strong>, correlated instruments are up by 2.71.</li>
<li><strong>The Hagerty Price Guide</strong> section of the Hagerty Market Rating <strong>also saw a slight increase.</strong></li>
<li><strong>As winter approaches, private sales activity is down</strong> for the third month in a row. <strong>Auction Activity saw a similar decrease.</strong></li>
<li>November’s reported rating was revised to 71.06 from 71.04 due to newly released inflation numbers.</li>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.