Hagerty price guide

[Bowzer]

Hello all
I was wondering whether Hagerty price guide are correct when they come to Classic Porsche

Thank you

[BrentF]

I rely on their values. No blatant errors that I am aware of. Very impressive level of granularity on the values for various marques.

McKeel Hagerty (CEO) owns a '67 911s (his first car), so he has soft spot for early Porsches

[CraigF]

From my understanding it's meant to just be a starting point. I believe the values are derived from sales that they know of, mainly from the auctions. I've used it for agreed value insurance without having to get a full blown appraisal. I think you contact them directly if you have any questions...

[targatuesday]

Hagerty has stated they track auctions as well as prices paid when one of the customers sells a car they insure or insures a recent purchase. This gives them a good grasp on the collector side of the Porsche market.

They also track the number of requests for insurance quotes on makes and models of Porsches to predict if a model is getting hot or cooling off. They break these request down by age of the applicants to gauge if a model will have long term desirability or if the audience is aging out of the marketplace for a particular car.

I could be wrong but I believe The new valuations in Porsche Panorama are driven by Hagerty data and I would imagine Hagerty is now paying closer attention to asking prices in the classifieds as well.

One could make a claim they have less insight into non-collector buyer/seller prices but who knows? They have access to so much info and seem fairly adept at using that info to better understand where values have been and where they are heading.

Breaking prices down by condition provides Hagerty a lot of wiggle room as well. Of course the problem is everyone wants the #1 condition price when they sell even though very few cars are truly in #1 condition.

[Bowzer]

I thank you all very much for your insight about the matter :-)

[NZVW]

A 912 sold on BAT yesterday for 78500. It was a special colour Olive with sunroof and as close to a '1' as possible.
Based on Hagerty guide a #1 Concourse fetches around 67000.
The Hagerty valuation is close to 20% down on the sale price for that 912 and I think the car should have fetched a bit more
M2CW

[CraigF]

Hagerty is just a starting point. Cars bought at auction are worth what the bidder is willing to pay + fees. So in this case someone valued the 912 a lot higher than Hagerty's estimates...

[CraigF]

You are correct. Panorama has recently been publishing Hagerty valuation info on a selected model range. You can find that info back in the Mart/Classified section...

[BrentF]

A 912 sold on BAT yesterday for 78500. It was a special colour Olive with sunroof and as close to a '1' as possible.
Based on Hagerty guide a #1 Concourse fetches around 67000.
The Hagerty valuation is close to 20% down on the sale price for that 912 and I think the car should have fetched a bit more
M2CW

The Hagerty value for '69 912 also states "+10% for 5 speed", which that car had. The car also had a sunroof which Hagerty (for a '69 911) also adds a 10 % premium for. Did the $67,000 Hagerty value you quoted include these 2 premiums?

Also Hagerty values are colour agnostic. A big part of that 912's value derived from its colour.

It was far from being a #1 car, what with a cracked dash.