Market Guides The $250K-$500K Value Tier is a more exclusive segment that accounts for about 3% of all markets and 2% of total listings. While smaller in scale, this tier continues to offer incredible appeal for those seeking high-end collector vehicles.
The cars in this range lean heavily towards the Modern era, which makes up 58% of listings. The 2000s and 1960s follow with 12% and 8%, respectively.
The average sale price in this tier came in at $342,000, holding steady with 2023. Total dollar volume reached $435 million, with 65% of sales happening at live auctions – as is typical for higher value sales. In total, 1,273 vehicles were sold in this range.
Unlike other tiers, the $250K-$500K range bucked the trend of declining prices. Both dollar volume and sold listings increased by 2%, driven by a 10% surge in online auction activity. This growth helped stabilize average prices, which remained unchanged compared to last year. The sell-through rate (STR) in this tier dipped slightly—down 2% at live auctions—but still settled at an impressive 79%, far exceeding the industry average by more than 15 points.
For collectors and enthusiasts looking to invest in premium vehicles, the $250K-$500K tier remains a vibrant and dynamic space, offering a mix of modern performance, classic elegance, and strong market stability.
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Top 10 Growing Markets
According to the CLASSIC.COM Market Benchmark (CMB)*, these markets experienced the most value growth between January and December 2024.
Top 10 Slowing Markets
According to the CLASSIC.COM Market Benchmark (CMB)*, these markets experienced the greatest value declines between January and December 2024.
Most Popular Markets
These Markets saw the highest activity in 2024, based on the number of new listings tracked across both auctions and dealers.
More Insights on the Classic and Exotic Car Market in 2024:
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For a list of data sources used in this article, reference our Data Sources.
*The CLASSIC.COM Market Benchmark (CMB) is a benchmark value for vehicles in a given Market based on data accumulated by CLASSIC.COM and calculated by a proprietary algorithm that takes into account volume and recency of each data point. CMB can be used to assess the performance of a market over a given time period. However, it does not represent the value of a specific vehicle.
** A Market on CLASSIC.COM is a grouping of comparable vehicles that have, at a minimum, the same Make, Model, and Model Generation. When relevant for purposes of valuation, a Market may be further segmented by Model Variant, Trim, Transmission Type, Body Style, and other factors.
