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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 Products Chapter

Classic Car Dealers primarily engage in the sale of classic-car models and antique car models. Additionally, some establishments may provide vehicle restoration and modification services. Restoration and modification services account for the smallest share of industry revenue in 2013 at 8.2%. Revenue generated from the auction of classic or antique cars is accounted for under overall sales revenue. In general, sales of both classic cars and antique cars have been growing since the recession. The discretionary nature behind classic cars inhibited sales during the downturn; however, as the economy has improved as consumers are benefiting from growing income levels, many have increasingly sought a classic or antique automobile... 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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