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The classic car market in 2024 continues to be a fascinating sector of the automotive industry, offering both challenges and opportunities for collectors, investors, and enthusiasts. Characterized by a blend of nostalgia and innovation, we’ve seen a coalescing of timeless design with the latest trends in technology.

Notable shifts include a growing interest in electric vehicle (EV) conversions of classic models, reflecting a desire to combine classic aesthetics with modern, environmentally friendly performance. Additionally, the market is seeing a diversification in what’s considered “classic,” with vehicles from the late 20th and early 21st centuries gaining popularity among younger generations of collectors.

After all, vehicles become even more “classic” with each passing year.

Demand for classic cars with provenance, rarity, and historical significance continues to drive up prices for certain marques and models, making them not only cherished possessions but also viable investment opportunities.

Collecting cars is a dream for many enthusiasts, but big players in this space know that it’s not as simple as keeping the car underneath a tarp and tucked away in some back corner. Collectors have ongoing costs with keeping these vehicles, including but not limited to:

Understand the marketHave space for storageInvest in professional maintenance and parts

In 2022, CNBC news reported that 53% of classic cars are owned by baby boomers, but Hagerty’s data shows that a new wave of collectors may be poised to start catching up, defined by the Gen-X cohort and even some Millennials as they enter peak earning years.

breakdown of car ownership in 2022

Credit: CNBC News

Hagerty’s Picks

1989 Lamborghini Countach 25th Anniversary

red 1989 Lamborghini Countach 25th Anniversary

Credit: Bonhams

The 1989 Lamborghini Countach 25th Anniversary edition is a hallmark of 1980s design and performance, limited production and historical significance boost its appeal.

Celebrating a quarter-century of Lamborghini’s engineering excellence, this model stands out with its aggressive, angular design and scissor doors, a signature feature that has become synonymous with the brand.

Powered by a formidable V12 engine, it boasts an acceleration from 0 to 60 mph

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By: Marco Tam
Title: 5 Collector Cars To Watch Out For In 2024
Sourced From: sportscardigest.com/5-collector-cars-to-watch-out-for-in-2024/
Published Date: Wed, 10 Apr 2024 03:11:39 +0000

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Beach Boy: A surf-ready Yamaha WR155R scrambler from Thailand

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Yamaha WR155R scrambler by Dream Fast Co.
A surfboard rack on a motorcycle might seem like a gimmick to some, but if you live in Bali and love surfing, it’s a downright necessity. The Indonesian island is peppered with surf spots—and a small bike with a rack is the best way to get to them. It doesn’t hurt if that motorcycle looks as good as this Yamaha WR155R scrambler.

The bike was built by Dream Fast Co. for Tiw, the founder of the Laem Yah Rayong Surf Club. Both parties are based in Thailand, but the influence came directly from Bali’s motorcycle and surf culture. Tiw has Balinese friends who use vintage enduro bikes to find hard-to-reach surf spots, and wanted to capture that vibe in his Yamaha WR155R.

Yamaha WR155R scrambler by Dream Fast Co.

Dream Fast Co.’s mandate was to take the modern and reliable WR155R and inject it with a big dose of classic Yamaha dirt bike style. It sounds simple enough on paper, but in reality, it meant wading through piles of plastic to shed the WR155R’s contemporary aesthetic.

Once the Yamaha was denuded of its plastics, the Dream Fast Co. crew set about reworking its lines. The subframe was hacked off, and a new one was fabricated, this time with a kicked-up loop at the back. A new seat sits up top; it’s designed for one, but there is a smidge of space out back if you and your passenger want to get extremely cozy.

Yamaha WR155R scrambler by Dream Fast Co. Read More

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By: Wesley Reyneke
Title: Beach Boy: A surf-ready Yamaha WR155R scrambler from Thailand
Sourced From: www.bikeexif.com/yamaha-wr155r-scrambler
Published Date: Sat, 18 May 2024 18:15:34 +0000

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1967 FORD BRONCO CUSTOM SUV: Selling with No Reserve at the 2024 Scottsdale Fall Auction

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1967 FORD BRONCO CUSTOM SUV: Selling with No Reserve at the 2024 Scottsdale Fall Auction

This custom 1967 Ford Bronco underwent a full, frame-off restoration in 2020 that was completed in 2022. The frame and all components have been powder-coated in black. The body parts were media-blasted and coated top and bottom in LizardSkin for protection. The powerplant is a 351W with aluminum heads, roller rockers, mild roller cam, 10.25:1 compression and .40-over pistons. An Edelbrock Pro-Flow 4 fuel-injection system controls and monitors the engine components. It also features a CVF serpentine pulley system, K&N filters and an aluminum radiator.

The engine is backed by a C4 automatic transmission built to handle 400hp and includes Kevlar bands, Redline clutches, a 2,000-rpm stall converter and Dana 20T transfer case with twin-stick conversion. Power goes to a Ford 9-inch rear end with a Dana 30 front differential, WARN locking hubs and 3.50-ratio gears. It also features power steering and brakes (front disc and rear drum), new drive lines, a ceramic-coated exhaust system with Flowmaster mufflers, complete Painless wiring, a chrome tilt wheel, 2.5-inch suspension lift with 2-inch body lift, stainless-steel brake lines, six Bronco oil shocks with single steering stabilizer and a BorgWarner steering box with all billet components.

This SUV was finished in a new Bronco Area 51 Blue with the original Bronco Wimbledon White hardtop, roll cage, dash, grille and accessories, and rides on color-matched Ford steel wheels wrapped in Toyo Mud Country tires. The cabin includes high-back bucket seats with a console, a rear seat that folds up, shoulder seat belts and a Vintage Air system for heating and cooling. It also features a Kenwood head unit with back-up camera, Bluetooth, Apple CarPlay and charging port, and sound going through two 6×9-inch and two 6.5-inch KICKER speakers paired with a 10-inch Fosgate subwoofer.

Selling with No Reserve at the 2024 Scottsdale Fall Auction, October 10-13, at WestWorld.

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By: Barrett-Jackson
Title: 1967 FORD BRONCO CUSTOM SUV: Selling with No Reserve at the 2024 Scottsdale Fall Auction
Sourced From: www.barrett-jackson.com/Media/Home/Reader/1967-ford-bronco-custom-suv-selling-with-no-reserve-at-the-2024-scottsdale-fall-auction/
Published Date: Fri, 17 May 2024 15:13:08 +0000

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1964 CHEVROLET C10 CUSTOM PICKUP: Selling with No Reserve at the 2024 Scottsdale Fall Auction

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1964 CHEVROLET C10 CUSTOM PICKUP: Selling with No Reserve at the 2024 Scottsdale Fall Auction

This custom 1964 Chevrolet C10 crew-cab pickup is powered by a 496ci stroker V8 engine mated to a 5-speed automatic transmission. The exterior is equipped with suicide doors, shaved door handles and custom paint, and the bed of the truck features a hydraulic lift.

Selling with No Reserve at the 2024 Scottsdale Fall Auction, October 10-13, at WestWorld.

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By: Barrett-Jackson
Title: 1964 CHEVROLET C10 CUSTOM PICKUP: Selling with No Reserve at the 2024 Scottsdale Fall Auction
Sourced From: www.barrett-jackson.com/Media/Home/Reader/1964-chevrolet-c10-custom-pickup-selling-with-no-reserve-at-the-2024-scottsdale-fall-auction/
Published Date: Fri, 17 May 2024 15:12:42 +0000

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