Led by surging later-model supercars, 2015 North American classic car auction sales hit $1.45 billion, Hagerty reports

 

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https://news.classiccars.com/led-surging-later-model-supercars-2015-north-american-classic-car-auction-sales-hit-1-45-billion-hagerty-reports/

 

Call them whatever you like – “modern collectibles” or the “emerging segment” or even “later-model performance cars” – the supercars built from the 1980s through the Ford GT of the early years of this century certainly had the pedal to the metal in terms of rising values in the classic car marketplace during 2015.

 

Hagerty, the insurer and vehicle valuation tracking company based in Traverse City, Michigan, has shared its annual collector car market recap for the past year. Highlights include:

A record $1.45 billion in sales at North American classic car auctions in 2015.
An amazing 21 percent increase in the average sales price — $79,100 — at those auctions.
But that increase was at the top end of the market. The average median price — $26,400 — at those auctions increased only 4 percent.
Hagerty customers added 17 percent more 1980s-and-newer vehicles to their collections compared with only a 2.3 percent increase in pre-1980s classics.