Q:

Does the Hagerty car appraisal tool accurately reflect the market?

A:

Quick Answer

“Hagerty Price Guide" provides a reasonably accurate estimation of the classic car market earning a B- rating from MyCarQuest.com. Hagerty regularly monitors public auctions, dealers, asking prices and insured values.

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Full Answer

Hagerty Group, publisher of “Hagerty Price Guide,” is a classic car insurer with a large market share. As such, they have amassed hundreds of thousands of insured value records, person-to-person sales records and market trends. Despite this, printed price guides cannot maintain accuracy during sudden upswings or downturns of the market. Hagerty has addressed this relevance issue by implementing an online-version of the price guide at Hagerty.com/ValuationTools/HVT. The website gives users access to up-to-date values, market changes and trends.

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