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Classic-Car Market Set to Soar by 2026

12/19/2025

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Summary

Story summary

McKeel Hagerty, CEO of Hagerty, says the classic-car market will thrive in 2026.
In 2025, auctions and online sales rose 10% to $4.8 billion.
Younger buyers across Gen X, millennials, and Gen Z favor high-performance 1990s-plus supercars over 1950s–60s models.
Online sales rose 12% in 2025 to $2.5 billion, reflecting shifting purchasing habits.
Hagerty anticipates continued strong demand based on current sales activity and private transactions.

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Story summary

McKeel Hagerty, CEO of Hagerty, says the classic-car market will thrive in 2026.
In 2025, auctions and online sales rose 10% to $4.8 billion.
Younger buyers across Gen X, millennials, and Gen Z favor high-performance 1990s-plus supercars over 1950s–60s models.
Online sales rose 12% in 2025 to $2.5 billion, reflecting shifting purchasing habits.
Hagerty anticipates continued strong demand based on current sales activity and private transactions.