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Classic Car

The market for genuine classic cars comprises around 20 million vehicles. These classic automobiles are at least 30 years old and they are joined by the newer collectors car like supercars and young timer. Although younger owners spend less money on cars in the future , there are enough people interested in classic cars , especially in less expensive and daily usable classics. They are fun to drive and are a reminder of the good old times. Hagerty classifies the classic car market in American Cars, Affordable Classics/Youngtimer, Blue Chip Cars, British Cars, Ferrari /Italian Classics, German Classic Cars and Muscle Cars.

The monetary value of classic and collector cars  is understandably far from the minds of most. The historic car industry is primarily composed of businesses that rely on passion: small dealerships , restoration shops, transport companies , classic car events, classic car magazines and collector car auctions. Websites like collectorscarworld are good hunting grounds for premium classic cars from various dealerships around the world – featured classics are presented on a daily base.

Market Overview

Classic Car

Classic Car

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Classic Car

Online classic car auctions will sell most of the cars in the future.

Trends

If you like the idea of top-down motoring with the family , four-seater convertibles are a good answer and trend. Stylish 90’s coupes are on the up and underrated young timers from the 80’s are always a good choice. Although the hot Porsche market made a sidestep during there last 2 years, the icons from Zuffenhausen will be always sought after. The reliability and low running costs will lead to increasing values of Japanese cars. However the real car collectors, now in their 50s + 60s, will remain in the centre of the market and blue chips like Ferrari and rare sports cars or supercars from the 60s or 70s will keep their values due to their rarity and sheer beauty.

Online classic car auctions will sell most of the cars in the future and overall the market will grow again by the increasing number of classic car events and online access. Premium dealerships will handle the best and most individual cars as well as high-profile classic car auctions with a long reputation. There is still a lot of confidence in the market , because the car collectors are hanging onto good cars and their values in unstable times.