Hagerty Market Rating - January 2022

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

71.68 as of January 2022*

Drivers of this month's change

<p><ul> <li><strong>The Hagerty Market Rating continues to break records as we head into the new year.</strong> The rating is just shy of its all-time high after increasing for the tenth consecutive month, tying its longest winning streak to date.</li> <li>As record sale prices grabbed the headlines in 2021, owners of classic cars reaped the rewards. <strong>The ratio of cars selling above their insured value in private transactions is at its highest point in history</strong>. Owners who decided to keep their car noted the appreciation of their asset. Both broad market and high-end insured values have increased for the 15th consecutive month.</li> <li>Values for collector cars have risen across the board. The <strong>median condition #3 value in Hagerty Price Guide is at its highest point ever</strong>.</li> <li>Heading into the January auctions in Kissimmee and Scotsdale, experts are optimistic that the market will remain strong - even amid the recent Covid distruption.</li>

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