Market News
Market structureMarket report
Record turnover, concentrated market
August produced record auction turnover, but the gains were concentrated in a small number of exceptional cars rather than broad market appreciation.
24 September 2026Global · North America weightedActionability: Medium
What changed
August turnover reached $1.01bn while sold listings declined 1.2%.
Monterey generated 74.4% of dollars from only 14% of sold cars.
Hagerty’s broader rating moved only modestly to 58.74, remaining in its flat range.
Implication for SCC
SCI methodology / re-score
Track median, trimmed mean and top-1% value share alongside aggregate turnover.
Outlook watch
Maintain a neutral broad-market and stronger trophy-market regime.
Evidence caveats
- Both datasets are proprietary and North America-heavy.
- Aggregate turnover must not be translated into vehicle-level appreciation.