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Collector Car Market Rating Hits Lowest Since 2020

3/21/2025

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Summary

Story summary

The Hagerty Market Rating for collector cars dropped to 60.39, the lowest since November 2020, reflecting pre-pandemic conditions.
The Hagerty Market Index fell to 175.47, with only two increases in the past 27 months.
Currently, 38.9% of private sales exceed insured value, down from over 50% in Summer 2022.
Auction activity saw a slight rise, yet median sale prices are still declining.
Experts anticipate further declines in the Hagerty Market Rating as summer driving season nears.

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Story summary

The Hagerty Market Rating for collector cars dropped to 60.39, the lowest since November 2020, reflecting pre-pandemic conditions.
The Hagerty Market Index fell to 175.47, with only two increases in the past 27 months.
Currently, 38.9% of private sales exceed insured value, down from over 50% in Summer 2022.
Auction activity saw a slight rise, yet median sale prices are still declining.
Experts anticipate further declines in the Hagerty Market Rating as summer driving season nears.