Monterey Car Auctions Exceed $400 Million

Darin Schnabel ©2015 Courtesy of RM SothebysDarin Schnabel ©2015 Courtesy of RM Sothebys
More Than $400 Million in Sales
Hagerty CEO McKeel Hagerty watches the auctions closely as key indicators of the market. “The preliminary totals are consistent with our projection of $410–415 million, and will likely come close as all numbers are reported in the coming week,” said Hagerty. “The market continues to show strength, but growth is coming at a slower rate compared to the dramatic increases witnessed for the past several years,” he noted.

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