HISTORIC MARKET HITS ALL-TIME HIGH BUT FEARS RAISED
Younger buyers needed to reverse slowdown, warns clubs’ association
The historic vehicle market is worth more today than it was five years ago but growth is slowing dramatically and more must be done to increase the number of young enthusiasts if it is to survive in the future.
That’s the warning from the Federation of British Historic Vehicle Clubs (FBHVC), whose annual National Historic Vehicle Survey found that while the market is worth a record £7.3 billion today, the £100 million growth since 2020 is far less than the £1.7bn increase reported five years ago, when prices peaked during the Covid pandemic.