Hagerty Market Rating - July 2017
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
65.19 as of July 2017*
Drivers of this month's change
<p><ul><li>After a small increase last month, the <strong>Hagerty Market Rating experienced a sizable decrease for July, falling 1.28 points to 65.35.</strong></li><li>Although it has generally been trending upwards this year, <strong>auction activity fell for July as the number of vehicles sold at auction fell 2% from last month. Private sales activity also decreased thanks to a small drop in the average sale price compared to last month</strong>, but the decrease was not as pronounced as the one for auction activity.</li><li><strong>The number of owners expressing the belief that the values of their vehicles are rising continues to fall</strong>. The decrease is similar for both mainstream and high-end vehicles, and <strong>for certain models like the Porsche 911 and Ford GT, the number of owners expressing the belief that values are decreasing has risen significantly.</strong></li><li><strong>Expert sentiment dropped more than any other segment this month</strong> as dealers are reportedly experiencing a significant decrease in sales and interest.</li></ul></p>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.