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Classic car insurer Hagerty Inc. is out with its highly watched Bull Market List for 2025, outlining the enthusiast vehicles the insurer thinks are undervalued and could appreciate in the near to ...
In 2020, the magazine was renamed Hagerty Drivers Club Magazine. [10] Hagerty published its first annual Hagerty Price Guide in 2008, a valuation tool [11] that informs [12] classic car buyers on how to best navigate the digital automotive age. [13] Hagerty also originated both the Historic Vehicle Association (HVA) [14] and the RPM Foundation ...
The collector-car insurer Hagerty expects racers to make up about 0.5 percent of the roughly 12,000 cars headed to auction stages this weekend. That would be just 60 cars for a niche of bidders to ...
With more baby boomers retiring in large numbers, many classic car owners are cashing in on their collections for extra income. However, as newer car models become classics, the market for vintage...
Although in general, prices of collectible cars have slightly recessed as a result of the recent recession, [36] prices for most high-end collector cars have held their value or continued to rise. [4] Since the 1990s recession, values of the most desirable cars have risen by at least 200%. [33]
The sell-through rate in Monterey (or the percentage of cars that actually sold on the auction block) was an anemic 52% for pre-1981 cars priced at $1 million or more, according to Hagerty.
There is a difference between the valuation of general classic car models and the valuation of a specific classic car. For example, two examples of the same classic car model may have different market values depending on idiosyncratic factors such as mileage, service history, documentation, restoration quality, originality, participation in ...
In 1995, Hagerty returned to Traverse City to help lead the company with his sisters Kim and Tammy, expanding the company’s focus beyond wooden boats and into classic and collector cars [9] Today, the company describes itself as an automotive lifestyle brand offering automotive events, media and membership services in addition to insurance.
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