Hagerty Price Guide monitors dozens of market segments on a monthly basis, and we have observed many signs of strength during the past four months. Nowhere, though, has activity been as encouraging as in our Smokey Burnout Index of American muscle cars. This group of cars made much noise in 2006 and 2007 as they reached astronomical highs, and they saw a correspondingly high degree of attention as the hemi market adjusted in 2008. Ever since, the slump in muscle car prices has been an effective counterpoint for those who wanted to debunk claims of healthy collector car prices, though that group may need new evidence given the shift we are currently seeing.
This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/articles/2011/04/26/hagerty-price-guide-smokey-burnout-index-of-muscle-cars