Why Gen Z is Embracing Car Collecting

Reported 9 days ago

A recent survey by classic car insurer Hagerty reveals that 60% of Gen Z is interested in owning classic cars, surpassing the 31% interest among baby boomers. As millennials and Gen Z gain financial stability, they are drawn to more modern classics from the '80s, '90s, and 2000s, thanks to a booming online auction market and a shift in generational preferences. Despite conventional wisdom seeing older generations at the forefront of car collecting, Gen Z's enthusiasm for driving and collecting is redefining the landscape, emphasizing enjoyment over investment.

Source: YAHOO

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