Private vs. auction sales of collector cars

Auctions are an important reference point for the classic car market precisely because anyone can refer to them. The private market, however, is much larger. We are able to see a portion of it through our insurance data (people calling Hagerty for quotes on cars they've purchased or to add/remove cars from their policies). That portion grew even through the pandemic-stricken months of 2020.

Chart: John Wiley for Hagerty