The market for classic cars has been very strong over the last two decades in the United States. It is one of the niche markets used by the well-heeled as both an investment vehicle and a hobby. Today’s market size is the approximate value of classic car auction sale totals in 1995 and 2011.

Geographic reference: United States
Year: 1995 and 2011
Market size: $45 million and $500 million respectively
Source: Scott Rosenblatt, “Total Auction Sales,” Classic Cars: Your Portfolio’s Midlife Crisis, Credit Suisse, 2012, page 21, available online here.
Original source: Classic Car Auction Yearbook (data Historica Selecta)
Posted on October 23, 2012