There are more and more classic cars and youngtimers
02/05/2017
It is no surprise that the number of old cars is increasing. What is surprising, however, is the speed and extent of the growth. The Allensbach Institute for Public Opinion Research compiled some impressive statistics in its" AWA 2016" study .
For example, the number of cars over 30 years old, usually referred to as classic cars, increased in Germany from 280,000 in 2008 to 390,000 in 2012 and 540,000 in 2016. At the same time, the number of youngtimers (cars between 15 and 29 years old) rose from 3.9 million (2008) to 5.2 million (2012) and 7.3 million (2016). Between 2008 and 2016, the number of classic and youngtimer vehicles almost doubled.
However, the same study also mentions facts that might give us classic and modern car enthusiasts pause for thought: The proportion of drivers under 40 is declining in the long term - these would be the future classic car drivers. The willingness to spend money on cars is stagnating (although this (still) applies primarily to everyday and new vehicles). Interest in cars is generally declining, particularly among the generations up to the age of 54, but particularly critically among 18 to 29-year-olds.
