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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 2015

Investment vehicle: The increasing popularity of classic cars will boost industry revenue

IBISWorld’s Classic Car Dealers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
0.8%
Annual Growth 15-20
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Profit
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Employment
2,365
Businesses
421
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 Products Chapter

Classic Car Dealers primarily engage in the sale of classic and antique car models. While some restoration and modification services account for a small share of industry revenue, sales of classic cars provide the industry's main source of revenue. Sales of both classic and antique cars have improved over the past five years, as increasing levels of per capita disposable income in the years following the recession have generated increasing interest among consumers of all income levels. The industry's car sales can be broken down beyond classic and antique distinctions. Auctions typically showcase cars by categorizing them into distinct groups, such as muscle cars, American classics, British classics, German classics and blue chip classics... 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 US-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
FerrariBlue chip classicsGerman classicsAmerican muscle carsAmerican antiques and affordable classicsBritish classics
 
Industry Activities
Retailing classic carsRetailing antique carsAuctioning classic carsAuctioning antique carsRetailing third-party-owned vehicles on consignment


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