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Classic Car Dealers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Classic Car Dealers Market Research Report | Consumer Goods & Services | Lifestyle Goods Stores | Mar 2013

Cruise control: Revenue will increase slowly as car enthusiasts ease their foot off the break

IBISWorld’s Classic Car Dealers market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 08-13
0.7%
Annual Growth 13-18
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Profit
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Employment
19,002
Businesses
9,513
Industry Analysis & Industry Trends

As economic recovery picks up steam, demand for classic cars of all makes and models is anticipated to grow. That growth will encourage more companies to enter the industry, increasing competition. Long-term industry growth prospects will also be moderated by external competition from online-only dealers. Web-based car dealers pose a formidable external threat to the industry because these firms can market to an international audience and have lower operational costs.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld analysis reveals that the Classic Car Dealers industry is in the mature stage of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is forecast to grow at an annualized rate of 1.1% over the 10 years to 2018. In comparison, GDP is projected to grow 2.1% per year on average over the same period. The industry's low barriers to entry have increased the number of dealers that sell classic cars over the past five years. And passing time increases the number of cars that are considered classics, increasing the range of vehicles that industry participants can market and sell... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Classic Car Dealers Industry?

This industry sells classic and antique cars. IBISWorld defines a classic car as either a foreign- or American-made vehicle that was manufactured more than 25 years ago and is no longer in production. An antique car is defined as a vehicle manufactured more than 45 years ago. Companies may sell previously purchased cars or third-party vehicles on consignment. They may also sell vehicles at an auction, but individuals who sell their own cars at an auction are excluded from this industry.

Industry Products
Classic car salesAntique car salesRestoration and modification services
 
Industry Activities
Retailing classic carsRetailing antique carsAuctioning classic carsAuctioning antique carsRetailing third-party-owned vehicles on consignment


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