CPX - NY Times | "How Car Collecting Powered Through the Pandemic"

NY Times | "How Car Collecting Powered Through the Pandemic"

February 18, 2021

The New York TImes's Wheels section took a closer look at the recent growth of the collector car hobby and how it has been on a strong growth trajectory. When we speak with our contacts in the parts supplier side they are all busier than ever. Here are a few data points that backs that up:

14% increase in collector vehicle transactions from 2019 to 2020 (Hagerty)
60% increase in total sales on Bring A Trailer to $398M from 2019 to 2020 (BaT)
53% of new insurance quotes were for Gen X and Millennials, signaling the arrival of the next generation of owners

Read Robert Yeager's complete article here: How Car Collecting Powered Through the Pandemic.

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