Investment vehicle: The industry will be supported by continued growth in the domestic economy

Industry revenue has been volatile, experiencing high volumes of growth in conjunction with years of steady decline. Luckily the growth in the domestic economy has supported the industry demand overall, sustaining growth for the overall period. Revenue is expected to increase an annualized 1.3% to $1.7 billion over the five-year period including a decline of 0.7% in 2018. Over the next five-year period, the Classic Car Dealers industry is anticipated to be supported by continued growth in the domestic economy. Recent declines in industry revenue are forecast to slow down and return to levels of flow to low growth...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
1.3%
Forecast Growth 18-23
Profit
Employment
3,774
Businesses
2,052
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry revenue has been volatile, experiencing high volumes of growth in conjunction with years of decline
  • Industry revenue is highly susceptible to per capita disposable income levels
  • Due to oversupply in the classic cars market, growth will be tepid
  • Industry Report - Starting a New Business Chapter

    The Classic Car Dealers industry has minimal barriers to entry, with low investment requirements and no franchise agreements. Classic car dealers, depending on the size of the establishment, may need sufficient retail, showroom and storage space for automobiles. Since the value of classic cars drops significantly if there are any signs of rust or damage, most classic car dealers must have, at a minimum, an area that is free of draft, moisture, rodents, significant fluctuations in temperature and bacteria. Cars that are put into extended storage can often suffer from the effects of rubber rot, mildew, rust and cracking, and these minor damages can drastically depreciate the value of a classic car. Pro...purchase to read more.

    Additional Insights for the Classic Car Dealers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Classic Car Dealers Industry are

  • Provision of superior after sales service
  • Superior financial management and debt management
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Aggregate household debt in the Classic Car Dealers industry impact industry performance..

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    What's in this report

    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
  • Ferrari
  • Blue chip classics
  • German classics
  • American muscle cars
  • American antiques and affordable classics
  • British classics
  • Industry Activities
  • Retailing classic cars
  • Retailing antique cars
  • Auctioning classic cars
  • Auctioning antique cars
  • Retailing third party-owned vehicles on consignment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Aggregate household debt
  • Price of new cars
  • World price of crude oil
  • Time spent on leisure and sports

  • Current Performance
  • Industry landscape
  • Asset bubble
  • Chart: Revenue Growth

  • Industry Outlook
  • Plateaued prices
  • External competition
  • Table: Classic Car Dealers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Classic Car Dealers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Auto Mechanics
  • Auto Parts Stores
  • Automobile Wholesaling
  • Car Body Shops

  • Products & Services
  • Ferrari
  • Blue chip classics
  • German classics
  • American muscle cars
  • American antiques and affordable classics
  • British classics
  • Chart: Classic Car Dealers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 55 and above
  • Consumers aged 35-54
  • Consumers aged 18-34
  • Chart: Major Market Segmentation for the Classic Car Dealers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Classic Car Dealers

  • Basis of Competition
    InternalExternal
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Classic Car Dealers Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Classic Car Dealers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Classic Car Dealers Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per Capita Disposable Income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Antique Car
  • An American- or foreign-built vehicle that was manufactured more than 45 years ago and is no longer in production.
  • Classic Car
  • An American- or foreign-built vehicle that was manufactured more than 25 years ago and is no longer in production.
  • Consignment
  • Placing any material in the hand of another, but retaining ownership until the goods are sold. This industry may sell third party-owned vehicles on consignment, and garner a commission fee.
  • What Our Customers Say

    Why buy this report?

    The Classic Car Dealers industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Classic Car Dealers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Classic Car Dealers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Classic Car Dealers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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