Hagerty Market Rating - September 2022
The Hagerty Market Rating uses a weighted algorithm to calculate the strength of the North American collector car market. How it's calculated.
77.97 as of September 2022*
Drivers of this month's change
<p><ul>
<li>The <strong>Hagerty Market Rating has reversed it's downward course</strong>, increasing for the first time in three months to it's second highest point of all time.</li>
<li>Optimism among experts grew after a strong showing in Monterey where sales topped $473 million in just 3 days - a new record for the event.</li>
<li><strong>Median sales price at auction saw the largest increase of any metric this month, aided by strong sales at Monterey</strong> - most notably a $22M 1955 Ferrari 410 Sport Spider.</li>
<li>While most metrics increased very little this month, they were finally given a break from inflation which is currently at its lowest monthly rate since summer 2020.</li>
*The Hagerty Market Rating is updated on the 15th of each month or the prior business day.