When we get asked about the direction of the classic car market -- which has been really often as of late -- one of our stock answers is that we'll find out more after the next round of public auctions. While private sales are just that, i.e. typically nothing more than heresay, the results from public auctions are an authentic report on what a certain car sold for on a particular day. That said, what did we learn from Arizona Auction Week?Overall, Hagerty reported preliminary overall results of $250.6 million, down 14.5 percent compared to 2015, with average sale prices down 13 percent. Hagerty noted an oversupply of several cars that have strongly appreciated in price in recent years. Nevertheless, a quarter of a billion in inventory changed hands, sell-through rates were healthy, many auction records were broken and several models performed much better than a year ago. And it should be noted that our eyes on the ground in Arizona noted a significant drop in the overall quality of co
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