Older cars repair are usually more vulnerable. For classic cars, the Germans spend the money but it seems like. The strongholds of the Oldie-Fans are located in high-income regions.
The car industry makes classic cars a lot of money: In Germany output per year of around 2.5 billion euros for the repair, restoration and maintenance of old vehicles.
The findings of a study by the consulting firm BBE Automotive on behalf of three associations, which was presented at the Automechanika trade fair in Frankfurt.
We expect insurance, travel, garages, and other additional expenditure, be it almost five billion euros, said Gerd Heinemann, BBE, managing Director and author of the study.
Currently, there are therefore, in Germany, just under 900,000 vintage. These cars are counted in the 30 years and older. For comparison: The repair and maintenance of approximately 46 million Cars, the German, according to Heinemann, per year, 30-billion-Euro cost.
The market is growing steadily
The market for old cars is steadily growing: The number of registered classic cars has doubled within the last ten years, significantly more than. Between 2008 and 2018, their number is increased according to the study, an annual average of 8.2 percent. Are currently approved good 675.000 classic cars. A total of 220,000 old cars that are not approved or, for example, a red flag is not allowed to drive, so always and everywhere.
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Together with the so-called young timers – 20 years of age and older – the number of 2018, even in the case of more than three million cars. Old-timers and young-timers – as the Classic Cars are known to be an important market for the industry, says Heinemann. Their number is according to the study, today three times as high as ten years ago, and the trend continues upward.
The Trade Fair Automechanika (11.-14.9.) had this year for the first Time, a separate exhibition only on the subject of Classic Cars in the program. “In the market’s money,” says Heinemann. This has also been recognised by the industry: Artur Oswald, for example, has founded this year a Start-up that aims at a weak point in the scene. On its online portal retro motion classic car can owner of car parts by 3D printer reprints that you can buy anywhere.
Beetles the most common Classic Car is
At BASF, is the oldest brand of the subsidiary BASF Coatings classic car paints is specialized. The company has developed in the past year, a painting technique, the classic car is Patina look, even though they are newly painted.
Also, VW has a Classic Cars division, with around 60,000 spare parts for old cars. Most of all, be original, says the head of Marketing, Jörn-in-law. Some let you but also re-produce – such as beetle spare parts in Mexico.
The VW beetle is according to the study, by far the most popular Classic Car of the German: 50.000 beetles were registered in 2018, with a share of 7.6 percent. In the squares of the Mercedes W123 with four percent and the VW Golf at 3.9 percent. Around 70 per cent of the Classic Cars are from German brands. It will follow with significantly lower shares of American, Italian, French and Japanese cars.
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Germany classic cars-high castles are, according to the study, especially in high-income regions. Munich is the capital city of classic cars, with almost 20,000 logged-in vintage cars. Here is 2.7 percent of cars to be classic cars – nationwide the average is 1.5 percent.
The proportion is even higher at 2.9 per cent, in the state of North Rhine-Westphalia Rhein-Kreis Neuss, where 7800 drive classic cars. Significantly above the average of Mannheim in Baden-Württemberg (2.6 percent) and Offenbach, near Frankfurt (2.5 percent).