📋 Younger enthusiasts needed to reverse classic market slowdown 완벽가이드
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Historics market hits an all-time high but fears have been raised as momentum tails off
The historic vehicle market is worth more today than it was five years ago but growth is slowing dramatically and more must be done to increase the number of young enthusiasts if it is to survive in the future
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Historics market hits an all-time high but fears have been raised as momentum tails off
The historic vehicle market is worth more today than it was five years ago but growth is slowing dramatically and more must be done to increase the number of young enthusiasts if it is to survive in the future.
That’s the warning from the Federation of British Historic Vehicle Clubs (FBHVC), whose annual National Historic Vehicle Survey found that while the market is worth a record £7.3 billion today, the £100 million growth since 2020 is far less than the £1.7bn increase reported five years ago, when prices peaked during the Covid pandemic.
FBHVC secretary Mel Holley said this “reflects the weakening of the wider economy and the changes in the historic vehicle market”. Since Covid, the average value of a historic car has fallen from £26,000 to £22,700 today.
However, Karl Fasulo, founder of KGF Classics, a Peterborough-based specialist in modern classics, told Autocar that “I don’t see values