The new Hagerty Market Rating tool measures the overall strength of the classic car market, providing a wide view that counterbalances the headlines from frenzied auction sales. Using 15 data points from eight categories, including sales between private owners, it generates a single number from 0 to 100 to gauge the state of the market.
Between Barrett-Jackson, RM Auctions, Gooding & Company and Bonhams, this weekend saw over $292 million in classic cars and trucks change hands in Scottsdale, Arizona. These are the top ten most valuable lots, a list dominated by Ferraris – starting with the $9.6-million 250 LM.
Hagerty has announced its annual list of future classics, the 2014 Hot List. Naturally, these are some of the prettiest, fastest and most entertaining vehicles on sale. There are limits, though. You're not going to see a Ferrari LaFerrari or Rolls-Royce Wraith on this list, because Hagerty only considers vehicles with MSRPs below $100,000. Other requirements are that the vehicles are produced within the 2014 model year, although certain vehicles were considered if they missed out on previous Hot
Today's horses must be Clydesdale-class, at least when compared to the horses we were saddling up back in the 1960s and early '70s. How else can you explain the real-world performance figures of yesteryear, when muscle cars were routinely pushing out well over 400 horsepower and quarter-mile timeslips in the 14s, with the 12-second runs we see today from a similar number of (rated) ponies? Well, actually, there are a number of reasons... and none of them has anything to do with a four-legged hor
The Techno Classica show that takes place in Essen, Germany every spring may well be the greatest car show on Earth. It's 1.3 million square feet of dealer, manufacturer, restorer and auction displays combined with a massive car corral and swap meet. While German makes predominate the floor space, there were plenty of British, French, American and Italian cars and parts to be seen and had. There really is nothing like it in the US. Although cars are a bit of a universal language, there were a fe
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Hagerty Insurance, which specializes in covering cars already deemed classics, is out with its annual Hot List predicting this year's ten cars that will be future collectibles. Even though it stays under $100,000, it spans almost $74,000 in MSRPs starting with the $23,700 Ford Focus ST on the affordable end and peaking with the $97,395 SRT Viper.
Classic car lovers and automobile enthusiasts, take note: Speed's annual coverage of the Barrett-Jackson automobile auction in Scottsdale, AZ, is right around the corner, and with the planned 39 hours of live television will come one most-excellent giveaway, along with a few smaller-but-still-pretty-great prizes.
One of the harsh realities encountered by some in the aftermath of Hurricane Sandy is the damage done to their beloved classic cars. Such a story may not make it to CNN, so Hagerty Insurance set about chronicling the efforts by several owners to preserve their classics during the storm.
The world would be considerably less entertaining if we could all predict the future. Even so, the classic car gurus at Hagerty Insurance have cast a few chicken bones in an attempt to figure out which vehicles produced today might eventually turn collectible.