Hagerty Price Guide Shows UK Classic Car Market Still Growing
Classic car and motorbike insurance specialists Hagerty have just announced their most recent update to its market-leading UK Hagerty Price Guide (HPG). The HPG update, published online on 7th December 2016, shows that the UK classic car market has rebounded strongly in Q4 2016, with the Hagerty Classic Index showing an increase of 7.3% against a Q3 increase of just 1.3%. Analysis of the figures has also shown that top condition classic cars have performed best across the full price guide, with Hagerty’s condition 1 (‘concours’) cars achieving an average price increase of 1.8% in Q4 and condition 4 (‘fair’) cars achieving an average increase of only 0.7%.