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Insurance market trends: The rise of the modern classic

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Drivers today are facing an unprecedented level of economic challenges. And those forces almost certainly trickle down to the collector car community.

Brexit’s fallout combined with global inflation (or is it the other way around?) has caused worldwide vehicle prices to skyrocket. The Covid-19 pandemic disrupted practically everything and has rocket-strapped vehicle values over the last two years.

But if there’s one segment of collector cars set to weather this perfect economic storm, it’s those we consider “modern classics”. In the years ahead, these vehicles and their drivers are primed to become a meaningful chapter of any book of collector business.

This content highlights why savvy motor brokers would do well to keep these cars, and drivers, on their prospecting radar.

Topics covered:
• What is a modern classic, exactly?
• The modern classic buyer - millennials and beyond.
• Broker takeaways - modern classics (and their drivers) are the future.

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