The collector car hobby in the United States began back in the 1930s, when a small group of auto enthusiasts recognized that there might be historical value in preserving examples of the original “horseless carriages”.
After World War Two, Baby Boomers fueled the hobby’s growth as they collected the cars of their youth. These hobbyists, interested in cars of the 1950s, ‘60s, and ‘70s, often began with rusty worn-out hulks needing complete overhauls. This in turn fed an expansion of restoration shops, aftermarket parts, and the tools and supplies to support it all.
The old car hobby has traditionally preferred factory-correct restorations. Younger generations are bucking that trend. Is that shift helping or hurting values? Read the full article on CARiD to find out!