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.