Hagerty's Value Charts

[bhaubold]

I'm curious as to what people think of Hagerty's value charts. Are they low, high, or what? Thanks for any comments you may have.

Bob

[oscillon]

Most cars aren't a 2, and even fewer cars are a 1.

[911ES]

Their values always seem low to me. At least compared to what dealers are asking.

[gumby1953]

Hagerty can only guess like most of us....it a "Follow the sheep" thing! Believe in what you wish because if your a buyer you want em low.....and if your a seller you want em HIGH!

Please buy with your Heart in mind...Flippers can make it or loose it at any given time and that's their risk!

Did you hear the "Man in the Moon" just wrote a value chart for all Porsche's....anyone see it!

KJ

[Greg D.]

Most cars aren't a 2, and even fewer cars are a 1.

Correct. But their prices seem low, so somewhere between a 1 and a 2 (but closer to the 2 seems to be a good indication of actual market values for "nice" cars.

[bhaubold]

I'm not looking to buy, I may be selling my 67S in the next 12-18 months. My car is somewhere between a 3 and 4. Just trying to figure a fair value.

[911ES]

Hagerty can only guess like most of us....it a "Follow the sheep" thing!

Hagerty claim they base their values on actual insured values, which might explain why they seem like low values when it's in a rising market, as most people are a bit slow in keeping their cars insured at the latest market value.

[m.vanderweerd-collector]

Hargerty value's are a bit low .. class 1 cars will be 40 % more expensive when they are sold by the big auction houses
but like said above there are only a few class 2 and even less class 1 cars for sale..
so whats fair ?

don't know

[Bill Simmeth]

Hagerty claim they base their values on actual insured values

I don't think that's the case at all. They go to great lengths to discuss their data sources, which specifically does not include insured values.

[Greg D.]

From the link above: "Hagerty also has access to the insured values of hundreds of thousands of vehicles. Our data aggregation is a continuous process, "

Seems to me they use it all. As they should. I see nothing wrong with using agreed values as part of the valuation, most of us know what it might cost to replace our car and insure accordingly. I don't think too many people overinsure by a significant margin since there is a cost associated with that, and they check. If anything we probably underinsure by a fair bit ( I know I do)...