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Hagerty's numbers can stay flat, if nothing has sold recently. I say "sold', meaning one they know about, which may not be meaningful. There are a lot of sales that take place off of the radar. I've sold twenty cars in the last 5 or 6 years and none of them would be known to Hagerty. This is especially true of the really nice examples of a particular car.
Then there's the argument that they are fudging the values to influence the premiums people pay. Not saying they do that, but that notion is in the heads of a lot of people.
JR
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