Due to fluctuations based on a number of criteria, it is difficult to determine a true indicator for market values. At auction, we have witnessed passion and pride raise the price well above its reasonable value. Heavily modified vehicles, charity vehicles, and historically important vehicles tend to sway the market in unrealistic directions as well. We have observed 'Regional Fluctuations' based on vehicles sold at various climates, such as 'the sun belt' and the 'snow belts.'
Auction vehicles that have been well researched, documented, promoted and hyped - or auctions that have been well advertised - attract more buyers and increase the vehicle's sales potential. Does this inflate the vehicle's value or highlight its potential? So how do we display market trends?
By analyzing vehicles that return to auction on more than one occasion. Using the vehicle's VIN number, the vehicle's recent performance at auction is evaluated based on its prior results. Using this metric, a more realistic analysis of the market can be performed.
When possible, we also attempt to determine the reasons for the increase in the vehicle's value. For example, if the vehicle had been given a restoration, new mechanical components, or had been in celebrity ownership.
Another ingredient in analyzing our data are our classic car experts, financial experience, and statistical expertise.