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Hagerty
Hagerty Employee

The collector car market is nearing "hyper-appreciation"

Happy July, everybody. We're halfway through 2022, which means now is a fine time for a market check-in with our in-house experts over at our sister site, Hagerty Insider.
https://www.hagerty.com/media/market-trends/hagerty-insider/the-collector-car-market-is-nearing-hype...
1 REPLY 1
audiobycarmine
Technician

This looks about right — the weekend's Barrett-Jackson auctions demonstrate this trend.

As always, those in the top financial tier of humanity come through just fine, while the less wealthy still slog and toil to simply maintain our one or two vintage plebeian treasures, though still grateful to have them.

One almost hopes for a market "bubble", the bursting of which might restore some equity.
Next; more affordable housing, and banks paying depositors fair interest rates.
"And then, I woke up."