Even though the classic car hobby’s Millennial-aged collectors are heating up the prices of vehicles from the ’80s and ’90s, most of them are still shopping for cars older than they are, reports drivingdotca:
Millennials are growing their presence in the collector car market, and it’s demonstrably shifting the values of cars – and, now more than ever, trucks and SUVs – from the ’80s and ’90s.
We tapped Hagerty to pass on the rankings of the models that Millennials – defined as those born between 1982 and 2000 – most often sought insurance quotes for in 2018. The late C3s are a hit with Gen Xers, too, though many of them are also looking for quotes on the C4 of the ’80s and early ‘90s. Hagerty’s top-quotes charts for Boomers was crammed with every generation of Corvette from 1963 through 2013, suggesting basically the older you get, the broader the appeal of the car gets .
That suggests popularity and prices are on the upswing, an odd trend among Millennials, who you might not expect to pine for dad’s old muscle car more than almost anything else.The appeal of Ford’s perennial pony car, the Mustang, crosses all sorts of boundaries, with fans of every age and gender, and looks like it might just last forever.
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