Hagerty Market Rating Experiences Another Decline Amid Classic Car Market Cooling

Tuesday, 20 August 2024, 11:00

Another drop for the Hagerty Market Rating highlights the cooling classic car market. As the Monterey Car Week auctions conclude, the rating dipped 0.12 points to 63.38, indicating a shift in trends.
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Hagerty Market Rating Experiences Another Decline Amid Classic Car Market Cooling

Hagerty Market Rating Decline

The Hagerty Market Rating has experienced yet another decline, falling 0.12 points to 63.38 this month. This trend reflects the cooling state of the classic car market.

Monterey Car Week Auctions

  • Mixed results from auctions
  • Factors influencing the rating drop
  • Impacts on collectors and investors

Implications for Investors

The ongoing decline in the Hagerty Market Rating suggests shifted demand within the classic car sector, raising questions for investors. Adapting strategies might be essential in response to these changing dynamics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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