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Now the broader classic car market, one of the largest alternative asset markets in the world, is still a little soft, Hagerty said. This follows a 3% decline in sales during Monterey Car Week ...
Classic car insurer and enthusiast auto business Hagerty found in a recent survey that Gen Zers expressed significantly greater interest at 60%, compared to 31% of baby boomers.
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...
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 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.
Whether for a wedding, a rally, or just a sunset drive, there are many companies with classic cars for rent that are ready to loan you a beautiful vintage vehicle.