Global classic car market size 2020-2024
Between 2020 and 2024, the global classic car market is projected to grow steadily from roughly 30.9 billion U.S. dollars in 2020 to some 43.4 billion U.S. dollars in 2024. 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.