Of the 1,143 cars up for sale at Monterey Car Week, only 821 sold — marking a 72% sell-through rate, according to classic-car insurance company Hagerty. The average sale price was $476,965, down ...
The strength in the classic-car market is expected to continue in 2026, Hagerty CEO McKeel Hagerty told CNBC. The biggest driver is a new generation of collectors, who are more comfortable buying ...
For most people trying to sell a car, Craigslist, OfferUp, or Facebook Marketplace—replacing the traditional newspaper classified—work just fine. But if you own a high-end automobile or a classic, ...
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight ...
Stream NBC 5 for free, 24/7, wherever you are. A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer ...
Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. Total sales at this year’s five car ...