{"id":1506,"date":"2020-12-21T16:36:31","date_gmt":"2020-12-21T16:36:31","guid":{"rendered":"https:\/\/flivveronline.com\/?p=1506"},"modified":"2021-01-21T11:57:25","modified_gmt":"2021-01-21T11:57:25","slug":"hagerty-investigates-the-highs-and-lows-of-classic-car-auctions-in-2020","status":"publish","type":"post","link":"https:\/\/flivveronline.com\/hagerty-investigates-the-highs-and-lows-of-classic-car-auctions-in-2020\/","title":{"rendered":"Hagerty Investigates The Highs And Lows Of Classic Car Auctions In 2020"},"content":{"rendered":"\n
In a year that has faced unprecedented turbulence, Hagerty<\/strong> experts investigated how the market for classic cars responded. Buyers and sellers had to adapt the way they buy or sell classic cars, while auction companies, whether operating in the physical environment or online, had to dramatically rethink the way they do business.<\/p>\n\n\n\n The UK\u2019s auction houses faced the greatest number of challenges brought on by Covid-19. Through the course of 2020, Hagerty\u2019s Valuation Team tracked 4666 cars in 53 classic car auctions from 14 different auction houses. Their combined sales were more than \u00a3144.6 million ($193m). At the start of the year a sell-through rate of 70 to 75 per cent was considered a good result for a classic car auction, but as Britain\u2019s lockdown started in March, auctions were hit hard.<\/p>\n\n\n\n