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ClassicCar Market - Monterey Auction Sales | Hagerty Articles


#1

The data didn’t look good going into the 2017 Monterey auction week. On the heels of a strong four-year run that peaked in 2014 with $403 million in sales, the last two years saw 2% and 15% declines. The Hagerty Valuation team, using a variety of data—including the reduced number of million-dollar plus cars on offer, auction estimates, and total cars up for sale—predicted another decline this year.


This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/articles/2017/08/25/lessons-from-monterey