The Collector Car Market Is Cooling — Except at the Very Top

Hagerty's own Market Rating — a broad index of collector-car health — has slipped to 58.59 as of its most recent reading, its lowest point of the year and roughly the sixth consecutive month of decline. Values in "good" (Condition #3) condition fell 0.5% on average against an October 2025 baseline, and even the Blue Chip Index, which tracks 25 seven-figure cars in excellent condition, dropped 1.3%.

The top of the market is telling a completely different story. March's auction week — combining Broad Arrow's and Gooding Christie's sales at Amelia Island with RM Sotheby's Miami event — totaled a record $255.9 million, beating the previous high of $195.1 million set in 2025. Broad Arrow's own Amelia Island sale did more than $111 million at a 92% sell-through rate, its best result since the company was founded in 2021, headlined by a 1960 Ferrari 250 GT SWB California Spider that brought $16.5 million and a 1972 Lamborghini Miura SV that set a model record at $6.7 million.

The split isn't really a contradiction. Seven-figure cars sold at a 90% clearance rate at those same March sales, even as the broader market softened underneath them — a pattern that shows up again and again in collector-car cycles: the very best examples of the very best cars hold their own, or set records, while the middle of the market absorbs the correction first.