The classic-car market is booming, with auctions and online sales up 10% in 2025 to $4.8 billion. Hagerty CEO McKeel Hagerty expects the trend to continue in 2026, driven by a new generation of collectors. Younger buyers are shifting towards high-performance supercars from the ’90s and later, with Ferrari F40s, Bugatti Veyrons, and McLaren F1s in high demand.

As baby boomers age out of the market, younger collectors are reshaping the industry. Online sales of classic cars surged 12% this year to $2.5 billion. Hagerty predicts that the increase in production by supercar makers like Ferrari and Porsche will ensure a steady supply, catering to the preferences of the new generation of buyers.

The upcoming great wealth transfer is set to further transform the classic-car market, with over $100 trillion expected to be inherited by 2048. This includes assets like real estate, collectibles, and cars. Hagerty anticipates that families will need to decide whether to keep, store, or sell these inherited vehicles, marking the beginning of a significant shift in ownership.

For those interested in investing in the classic-car market, Hagerty has released its annual Bull Market List. This list features cars that offer good value, driving enjoyment, and potential for price appreciation. Some of the highlighted cars include the Porsche Carrera GT, Alfa Romeo GTV, and Mazda MX-5 Miata. Hagerty suggests that the strength of the classic-car market is driven by the overall wealth creation, as favorable stock market performance and low interest rates provide collectors with confidence to make purchases.

Read more at CNBC: Classic-car auctions hit $4.8 billion this year, set for strong 2026