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Hagerty

All articles tagged with #hagerty

business16 days ago•4 min saved

Monterey Car Week Eyes Half-Billion Dollar Auction Week

Monterey Car Week could set a new all-time high for classic-car auctions, approaching $500 million according to Hagerty, driven by a surge in modern supercar demand from Millennials and Gen Z. While Boomer-era models lag, Ferraris and other modern icons command top bids, with standout sales like a 1996 McLaren F1 GTR estimated at $35 million and a 2025 Ferrari Daytona SP3 selling for $26 million, underscoring both record appetite and rising market volatility.

via CNBC|

#auctions #business #classic-cars

automotive5 months ago•17 min saved

Six Generations, One Passion: Hagerty Editors’ Favorite Mustangs

Hagerty editors share six favorite Mustangs spanning the pony car’s lineage—from a Fox-body Bimini blue to Eleanor, the 1969 Sportsroof, the S550 GT350, the Boss 429, and even the 1974 Mustang II notchback—celebrating how each era defines the iconic model.

via Hagerty|

#automotive #classic-cars #collectors

business10 months ago•1 min saved

Alabama Collector's 1,300-Car Hoard Goes Up for No-Reserve Auction

Greg Rusk, owner of Rusken Packaging, has assembled a 1,300-car collection called the Generous Collection, which he is auctioning off with no reserve to benefit the local car community, with the first batch now live on Hagerty's online auction platform.

via Jalopnik|

#alabama #auction #business

automotive2 years ago•7 min saved

"High-Stakes Showdown: Clash of Billionaire Car Collectors at ModaMiami and Miami Concours"

The world's richest car collectors are in the middle of a big fight this weekend as the fancy car event, Amelia Island Concours d’Elegance, clashes with the new ModaMiami event, which was started out of spite toward Hagerty and the now-Hagerty-owned Amelia Island Concours d’Elegance. The move by new leadership at Stellantis to abandon the Wagoneer sub-brand and a Toyota recall for unexpected movement in certain vehicles are also making headlines. Additionally, the Insurance Institute for Highway Safety has updated its safety test requirements, with Hyundai Motor Group receiving multiple safety awards.

via The Autopian|

#amelia-island-concours-delegance #automotive #car-collectors

automotive2 years ago•3 min saved

"Plymouth Prowler: A Rising Star on Hagerty's 2024 Collector Car Bull Market List"

The Plymouth Prowler, a unique and memorable car from the late 1990s, has made it onto Hagerty's 2024 Bull Market List for collector cars. While initially targeted towards baby boomers, the Prowler is now attracting interest from Gen X collectors. With its retro design and factory-built restomod appeal, the Prowler is seen as a solid financial bet among old cars. Despite its lackluster performance and aging quickly, the Prowler's novelty and survival on the road have contributed to its growing appeal among collectors.

via The Drive|

#automotive #bull-market-list #classic-cars