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Younger collectors push 1980s-1990s classic car prices up 48%

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Story summary
  • Younger U.S. collectors are driving up prices of 1980s-1990s classic cars.
  • Hallie Krala, a 39-year-old from Allentown, Pennsylvania, owns a 1984 AMC Eagle Wagon.
  • Krala says she never spent more than $1,000 on any of her classic cars.
  • Hagerty Inc. reports a 48% price increase for 1980s-1990s models over five years.
  • CEO McKeel Hagerty said the segment is serious and cited RADwood, bought in 2022, as a hot-ticket example.