Classic-car market poised for strong 2026, says Hagerty CEO
A new generation of collectors are more comfortable buying online, with online classic-car sales surging 12% this year to $2.5 billion, according to Hagerty.
TL;DR
- Classic-car market sales reached $4.8 billion in 2025, a 10% increase, with strong demand anticipated for 2026.
- Gen X, millennials, and Gen Z collectors are redefining the market, showing increased comfort with online sales, which grew 12% to $2.5 billion.
- Demand is shifting from 1950s/60s sports cars to high-performance supercars from the 1990s and later, such as Ferrari F40s, Bugatti Veyrons, and McLaren F1s.
- The wealth transfer, with an estimated $100 trillion expected to be inherited by 2048, will also impact the market as older generations pass down assets.
- Hagerty's Bull Market List highlights potential investment cars like the Porsche Carrera GT, Alfa Romeo GTV, and Mazda MX-5 Miata.
- Overall market strength is fueled by wealth creation, positive stock market performance, and falling interest rates, contributing to collectors' confidence in making purchases.