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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 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
$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 SWOT Analysis Chapter

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 3.1% over the 10 years to 2020. In comparison, GDP is projected to grow 2.5% per year on average over the same period. Although the industry's relatively fast growth may give the impression that the industry is in the growth phase of its life cycle, much of the industry's growth is uncharacteristically high as a result of both pent-up demand for classic automobiles following the recession and the speculative fury that taken over the industry's most expensive models... 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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