Hagerty Market Rating - December 2018
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
64.62 as of December 2018*
Drivers of this month's change
<p><ul><li>The Hagerty Market Rating has mostly trended upward in 2018, but <strong> for December it ended the year with its largest decrease since June, dropping 0.45 points to 64.62.</strong></li><li>Auction activity saw its second consecutive drop, and <strong> the number of vehicles sold at auction is down 5.5% over the last 12 months.</strong> On the private market, meanwhile, average sale price was down for December after a modest increase in November.</li><li>For the last several months, owner optimism has been mixed. This trend continued for December. <strong>The number of mainstream vehicle owners who think values are increasing was down, while the number of high-end owners expressing that belief increased.</strong></li><li><strong>Optimism from market experts was down for December</strong>, and this section of the rating is currently at a nine-month low.</li></ul></p>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.