What happened to Hemmings?
Hemmings has ceased publication of Hemmings Classic Car and Hemmings Muscle Machines as of March 2025, leaving Hemmings Motor News as the only publication in their lineup. Hemmings Motor News is a monthly magazine catering to traders and collectors of antique, classic, and exotic sports cars. It is the largest and oldest publication of its type in the United States, with sales of 215,000 copies per month, and is best known for its large classified advertising sections.Hemmings is a useful resource for car enthusiasts and hobbyists, but it may not be the right tool for the average car buyer or seller. Its classified ads focus more on buying and selling collector cars, and its auction selection is small and specific to older and high-end offerings.
What are the disadvantages of auction?
Auction weaknesses are: Reserve price is not always met. The market value of your property is decided on the spot. You can never be sure of precisely how much you will get. Marketing costs tend to be higher. What is an auction reserve price? This figure represents the minimum price a seller is willing to accept for their property. Regardless of where the bidding level reaches on the day of the auction, the property will not be sold for a penny less than what the seller has set for the reserve price.