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Global classic car market size 2019-2023

Between 2019 and 2023, the global classic car market is predicted to grow steadily from roughly 24.5 billion U.S. dollars in 2019 to some 35.5 billion U.S. dollars in 2023. Vintage cars are particularly popular in Europe and North America. Since these vehicles are considered as collectables, insurance premiums are typically lower than modern cars, despite often being more hazardous to drive.

To learn more about classic cars, please read our in-depth DossierPlus on the matter.

Projected size of the global classic car market between 2019 and 2023

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Source

Release date

2020

Region

Worldwide

Survey time period

as of 2019

Supplementary notes

More than 65,000 classic car ads analyzed (private and professional)
Cars being manufactured prior to 1989
Vehicles that are beyond repair and can only be used for parts are excluded (offering price below 1,000 U.S. dollars))

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