Recent developments indicate a shift in the dynamics of the classic car market. Once experiencing robust growth, this industry now encounters a more complex landscape. According to data from Hagerty, a leading authority on collector vehicles, the sector's performance has dipped significantly since its peak in 2022. The Hagerty Market Rating, which tracks the health of the market, has fallen to its lowest point since late 2020, signaling a potential turning point for enthusiasts and investors alike.
The declining trend is evident in various metrics. A substantial percentage of cars are being sold above their insured value, though this figure has also decreased compared to previous years. Additionally, auction sale prices have been on a downward trajectory over the past two years. This was highlighted by Rick Carey, a renowned expert in the field, who pointed out that a prestigious Ferrari sold for considerably less at this year’s Amelia Auction than it did in 2017. Such examples underscore the evolving perceptions of value within the collector car community.
As the industry moves forward, stakeholders must adapt to these changing conditions. Observers note that while there remains interest and activity in the market, some initial optimism has waned. As Nathan Chadwick remarked in an article for Magneto, the early success seen at events like Scottsdale has not sustained through subsequent auctions. For both buyers and sellers, staying informed about market trends will be crucial in navigating this period of adjustment. Embracing flexibility and understanding shifting values can lead to more sustainable practices in the classic car world.
An eagerly anticipated monthly event is set to take place in Clarkesville, Georgia, drawing together car aficionados and compassionate individuals alike. Every second Friday of the month at Sam Pitts Park, from early evening into the night, this gathering offers an engaging atmosphere for all ages while raising funds for those in need. This unique combination of leisure and altruism has captured the hearts of many across the state.
At the heart of this initiative lies a commitment to community service, spearheaded by Purpose Church. Under the leadership of Ryan and Kayla Ginn, the church channels its efforts toward aiding victims of natural disasters. This month's beneficiary is Bat Cave, North Carolina, which suffered greatly due to Hurricane Helene last fall. With roads blocked and essential supplies scarce, residents faced immense challenges. Through the Cruise In with a Purpose, organizers aim not only to provide financial assistance but also to foster a spirit of unity and resilience among participants. Numerous local businesses have rallied behind the cause, contributing generously to ensure success.
Participants can look forward to an exciting lineup that includes live music performances, delectable food options, door prizes, and interactive family activities. For car enthusiasts, there’s more than just admiring the vehicles; they can participate in the People's Choice Awards, where five prestigious trophies await the most popular entries. Moreover, attendees are encouraged to bring non-perishable goods such as toiletries and canned food items to support recovery efforts in Bat Cave. Even those unable to attend can contribute by dropping off donations at designated locations in Clarkesville. Ultimately, this event transcends being merely a car show; it serves as a testament to what communities can achieve when they unite for a common goal.
Through events like the Cruise In with a Purpose, we witness firsthand the transformative power of collective action. When individuals come together, driven by empathy and determination, remarkable outcomes emerge. Such initiatives remind us of our shared humanity and inspire others to engage actively in charitable endeavors. By fostering connections and promoting generosity, these gatherings create lasting impacts both locally and beyond.
Experience the Thrill of Speed and Style in Artesia
Step into a world where horsepower meets heritage as Artesia gears up for its most anticipated annual gathering. The 26th Annual Main Event Car Show & Cruise offers more than just cars—it brings people together for an immersive celebration of history, craftsmanship, and camaraderie. Whether you're a seasoned enthusiast or simply curious about the allure of classic vehicles, there's something here for everyone.
An Evolution of Automotive Excellence
The origins of the Main Event Car Show & Cruise trace back over two decades, evolving from a modest gathering to one of the largest regional showcases of its kind. Each year, it grows not only in size but also in ambition, introducing new features while maintaining its core essence—a tribute to automotive artistry. For 2025, expect enhanced display areas, dedicated zones for tractors, and additional amenities catering to both participants and spectators alike.
This expansion reflects the growing demand for such events and underscores their role as cultural touchstones. It highlights how these gatherings transcend mere exhibitions; they foster connections between individuals who share a common love for wheels and engines. From meticulously restored classics to cutting-edge modern marvels, every vehicle tells a story waiting to be discovered.
A Celebration Beyond Cars
Beyond the gleaming exteriors and roaring engines lies a festival atmosphere designed to captivate all ages. Families can enjoy a variety of entertainment options throughout the weekend, ensuring no moment goes wasted. Food trucks offering diverse cuisines add another layer of excitement, tantalizing taste buds with everything from gourmet burgers to international delicacies.
For those inclined toward nostalgia, period dress attire is encouraged, adding flair and authenticity to the experience. Participants often embrace this opportunity to step back in time, creating memorable moments captured through photographs and shared experiences. This blend of tradition and innovation makes the event uniquely appealing across generations.
Schedule Highlights: A Weekend Full of Action
Kicking off on Friday afternoon, the festivities begin with registration and optional car show openings. Attendees have ample time to register their prized possessions before joining the evening cruise departing from Bulldog Bowl Parking Lot at 6 PM. This procession through town sets the tone for what's to come, showcasing the diversity and splendor of participating vehicles.
Saturday continues the momentum with extended registration hours followed by full-day access to the car show. Visitors can stroll leisurely among rows of exhibits, engaging directly with owners eager to share insights about their cherished rides. At 3 PM, award ceremonies recognize exceptional entries based on categories ranging from best restoration to most innovative design. Meanwhile, food trucks remain operational throughout the day, providing sustenance amidst the exhilaration.
Why Attend? More Than Just Spectating
Attending the Main Event Car Show & Cruise isn't merely about observing magnificent machines; it invites active participation in a broader narrative. By joining fellow enthusiasts, attendees contribute to preserving automotive culture while celebrating advancements within the industry. These interactions spark inspiration, leading some to pursue personal projects or even consider careers tied to automobiles.
Educational opportunities abound as well, particularly beneficial for younger generations curious about engineering principles or artistic expression inherent in vehicle creation. Moreover, witnessing firsthand the dedication required to maintain historic pieces fosters appreciation for craftsmanship that might otherwise go unnoticed in today's fast-paced world.