Published on January 6, 2025 - (Updated on April 26, 2026)
2024 was SOOOO LONG wasn’t it? Seemed like the year of never ending political campaign advertisements and a steady rise in prices. That is except car prices!
Looks like the market is falling a little on classic cars over this past year or has hit a plateau on some of the market types out there. Overall the industry market leaders show that the classic car market held steady even in the face of the ups and downs in the stock market and economy. This is why classic cars are such a good investment in history.
Speaking of investing in the classic car market. Be sure to have your vehicle APPRAISED and PROPERLY INSURED just in case the unfortunate comes flying by in an uninsured vehicle or a mouse chews through your garage wiring and causes a fire. I hate hearing stories of lost cars and insurance companies not paying what a vehicle is actually worth. Get an appraisal BEFORE hand and make sure it is on FILE.
Here’s to a record breaking 2025 and getting out markets back on track! Happy New Year from us at TDT!
Steven is the CEO of Test Drive Technologies based in St. Louis. When he's not busy inspecting and appraising vehicles, he spends time with his family.
Don't risk costly repairs or hidden damage. Know the truth before you buy with certified mobile vehicle inspections and appraisals. Inspecting commercial fleets, RVs, motorhomes, used, luxury and classic cars.
