Hagerty Market Rating Dips to 58.6 in July
The Hagerty Market Rating for the collector car market fell slightly to 58.6 in July, remaining in 'flat' territory.
The Hagerty Market Rating for the collector car market dipped by -0.17 points to 58.6 in July 2026. According to the monthly report from the valuation specialist, a rating between 50 and 60 indicates a 'flat market,' a zone it has occupied since April of the previous year.
The rating remains near a 15-year low but appears to be settling into a new floor. Hagerty notes that while appreciation at the very top of the market generates headlines and strong metrics, the number of owners impacted is small. For the average enthusiast, car values have generally held steady.
Market Metrics Show Diverging Trends
A separate measure, the Hagerty Market Index, ticked upwards for the fifth consecutive month. The report states this index is more resilient to inflation than the Market Rating, though it remains well below its early 2023 peak. The mix of cars available at auction continues to grow newer, with the median model year offered shifting from 1990 to 1992 over the past twelve months.
Macroeconomic factors like inflation, equity market volatility, and global events persisted through the summer. "While market certainty is a fallacy, there is a greater sense of uncertainty across many economic fronts," the report cautions, adding these factors could play out in unexpected ways for the collector car sector.
Top-Tier Sales Defy Flat Market
Despite the overall flat conditions, July's top sales were substantial. The highest recorded transaction was for a 1985 Ferrari 288 GTO, which sold for $6,832,500 on the Bring a Trailer online platform. A 1990 Ferrari F40 fetched £3,605,000 (approximately $4,818,804) at an RM Sotheby's event in the UK.
| Car | Sale Price | Platform/Auction House |
|---|---|---|
| 1985 Ferrari 288 GTO | $6,832,500 | Bring a Trailer |
| 1990 Ferrari F40 | £3,605,000 ($4,818,804) | RM Sotheby's Woodcote Park |
| 1993 Porsche 911 Carrera RSR 3.8 | £3,492,500 ($4,668,425) | RM Sotheby's Woodcote Park |
| 2005 Porsche Carrera GT | $4,575,500 | Bring a Trailer |
| 1971 Mercedes-Benz 600 Pullman Landaulet | €3,475,200 ($4,035,055) | Artcurial Le Mans Classic Legends |
| 2010 Ferrari 599XX | €2,536,250 ($2,900,963) | RM Sotheby's Tegernsee |
| 2025 Aston Martin Valiant | $2,301,700 | Collecting Cars |
| 2015 Ferrari 458 Speciale A | $2,132,500 | Bring a Trailer |
| 2023 Ferrari 812 Competizione | €1,467,500 ($1,678,527) | RM Sotheby's Tegernsee |
| 2004 Porsche Carrera GT | €1,445,000 ($1,652,791) | RM Sotheby's Tegernsee |
The list reveals a strong presence of modern and contemporary supercars alongside classic 1980s and 1990s icons. Three Ferraris, three Porsches, one Mercedes-Benz, and one Aston Martin made up the top ten, with transactions occurring across both physical auctions and online marketplaces.
Looking Ahead to Monterey
The report concludes by looking forward to the upcoming August data, which will include results from the 2026 Monterey auctions and their record-breaking results. Hagerty anticipates these will bring "significant insights into the top end of the market," which was already seeing the largest concentration of growth even before the famed California event.
