
{"id":105,"date":"2014-03-18T13:50:53","date_gmt":"2014-03-18T17:50:53","guid":{"rendered":"http:\/\/www.cardirectvirginia.com\/blog\/?p=105"},"modified":"2014-03-18T13:50:53","modified_gmt":"2014-03-18T17:50:53","slug":"todays-collector-car-market-vs-tomorrows-collector-car-market","status":"publish","type":"post","link":"https:\/\/www.cardirectvirginia.com\/blog\/todays-collector-car-market-vs-tomorrows-collector-car-market\/","title":{"rendered":"Today\u2019s Collector Car Market vs. Tomorrow\u2019s Collector Car Market"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.cardirectvirginia.com\/blog\/todays-collector-car-market-vs-tomorrows-collector-car-market\/today_vs_tomorrow_collector_cars3-18-14\/\" rel=\"attachment wp-att-106\"><img loading=\"lazy\" class=\"size-medium wp-image-106 alignleft\" alt=\"Today_vs_Tomorrow_Collector_Cars3.18.14\" src=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/126\/2016\/01\/11150123\/Today_vs_Tomorrow_Collector_Cars3.18.14-300x200.jpeg\" width=\"300\" height=\"200\" \/><\/a><\/p>\n<p>A demographic shift is definitely on the horizon \u2013 some 76 million baby boomers will soon reach retirement age.\u00a0 And while this brings up a number of concerns and issues, we have to ask, \u201cWhen the Baby Boomers put down their auction flags and retire, what will happen to the collector car industry?\u00a0 Who\u2019s going to buy all their cars?\u201d<\/p>\n<p>This is a very real question.\u00a0 Each generation not only defines its tastes, but is also defined by its tastes.\u00a0 There is a worrisome rhetoric that young people just aren\u2019t interested in cars any more.\u00a0 This has been heard before when generations move on in age and the next one reaches its prime, but it is certainly a cause for concern to those that are a part of the Baby Boomers Generation.\u00a0 Will those who are a part of Generation X, Generation Y, or the new Silent Generation care about the cars of their grandfathers and great-grandfathers?<\/p>\n<p>Some Baby Boomers did embrace the classics of their parents\u2019 era, rightfully recognizing them as objects of art and pieces of history. This was helped by the sheer volume of boomers, enough to absorb the best collector cars, while also preserving the cars of their own era. But don\u2019t expect this phenomenon to be repeated. Not only has the sheer volume of collector cars grown, but the next generation in the line of succession, Generation X, isn\u2019t as large or as enthusiastic as the Baby Boomers.\u00a0 It is argued that the children of the Baby Boomer generation aren\u2019t developing an interest in collector cars; there are too many other things capturing their attention \u2013 travel, sports, the internet and social media (technology).<\/p>\n<p>Over the last 50-60 years, there has also been a strong shift with the development and rapidly changing technology.\u00a0 This \u201cchange in tastes\u201d of the next generation will likely also affect the hobby of collecting cars.\u00a0 While today\u2019s collector car market is dominated by mostly original cars and more-or-less accurate restorations, the future may be about resto-mods; old cars with modern equipment, incorporating today\u2019s technology.\u00a0 Anecdotal evidence already suggests that resto-mod buyers tend to be younger, which makes sense.<\/p>\n<p>Our take is that car collecting as a hobby won\u2019t fade away, but the hobby will certainly evolve.<\/p>\n<p>At Car Direct, our goal is to help you in finding the right vehicle for you at a rate that you can afford.\u00a0 Check out our <a href=\"http:\/\/www.cardirectvirginia.com\/used-cars-virginia-beach-va\">inventory page<\/a> to see what we currently have in stock.\u00a0 Don\u2019t see what you\u2019re looking for?\u00a0 Give us a call \u2013 that vehicle may be on its way in.\u00a0 If not, we\u2019ll find it for you!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; A demographic shift is definitely on the horizon \u2013 some 76 million baby boomers will soon reach retirement age.\u00a0 And while this brings up a number of concerns and issues, we have to ask, \u201cWhen the Baby Boomers put down their auction flags and retire, what will happen to the collector car industry?\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,5,6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - 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