Hagerty Market Rating - June 2021
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
65.08 as of June 2021*
Drivers of this month's change
<p><ul><li>Increasing for a third consecutive month, the <strong>Hagerty Market Rating jumped nearly two whole points to its highest level since April 2018.</strong></li><li>A strong showing at Amelia Island boosted overall auction activity to its highest point since March 2020, signaling the beginning of the end of the pandemic.</li><li>The story is the same among private sellers. <strong>Private sales activity is at its highest point since August 2019.</strong> Owners believe values are rising across the board as both mainstream and high-end vehicle insured values grew for the eighth straight month.</li><li>Largely thanks to outstanding performance from auctions, <strong>optimism among industry experts is at its highest since 2014.</strong></li><li>The classic car market isn't an island. Macroeconomic indicators are at an all-time high, including the US Home Price Index, S&P 500, and Total Retail Sales.</li>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.