The updated Hagerty Price Guide, number 31, has just been released. Validating trends that we’ve observed, some of the largest depreciations hit cars that had appreciated dramatically over the last couple of years. The Ford GT, for example, is a car that has been a staple at collector car auctions, with numerous low-mileage examples selling for well beyond their original purchase price. The most recent auction transactions have weakened, however. Either the market has become saturated or buyers are realizing that the Ford GT isn’t all that rare (4,000 built) and that low mileage examples aren’t all that unusual.
This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/articles/2016/09/02/graph-of-the-week-hpg31-drops