I enjoy reading the Hagerty: Insider newsletter.  The articles published follow the collector car trends and related news.  In the most recent edition of the newsletter, I found an article discussing the shift in collector car buys from the Baby Boomer generation to Gen X.  This put me on high alert due to my fears that the car hobby will die with the Boomers.

In the article, Hagerty Insurance shares how Baby Boomers (born 1946-1964) and the American car culture came of age together. Boomers played a large role in building the modern collector car world as we know it—from shaping what cars are most popular to defining the ways we buy, sell, and enjoy our cars. Based on the number of collector car insurance policies carried by Hagerty Insurance, Boomers still dominate the hobby.

Collector Car Insurance Quotes

Currently, 52% of the collector car policies are held by Boomers.  That’s for existing policies.  When you look at new insurance quotes, Boomers have given up their top spot to Gen X (those born 1965-1981).  Of those seeking new insurance quotes with Hagerty Insurance, 35% come from Gen Xers and 32% from Boomers.  That is a significant change.

Now that Gen Xers are in their prime earning years (ages 42-58), they are in a good position to buy collector cars.  The question remains, will they?  

Gen X Vehicles of Interest

Looking at the vehicles favored by Gen Xers, they trend toward Corvettes, muscle cars, pony cars, and ’60s pickups.  Boomers like me should find comfort in those choices, since many of us find those vehicles popular.  But, that’s not where their interests end.