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    Classic car sales stall in Monterey auctions as new generation takes charge

    • August 27, 2024
    • admin
    Growing up with a love for hot rods and classic cars, it’s disheartening to see numbers falling off for classic car sales at auctions such as those in Monterey. It’s clear that a new generation is taking the reins and it’s shaken up the dynamics of the auto auction world. These new younger buyers seem to be drawn more towards modern hypercars and restomods (classics with modern components and tech) rather than the original, untouched classics that we’ve grown to love over the years. It’s not as if the love for classics is completely dying, it’s just evolving in a different direction, different from what we’ve been used to. There’s a shift in interest, and it’s upsetting the balance that we’ve grown used to, but remember, change isn’t necessarily a bad thing. The world of automobiles has always been one of innovation and evolution. The important thing is that the love for automotives, for the genius behind their engineering and the artistry of their design, is still very much alive in the hearts of many. Whether that manifests in the hunt for a classic Ferrari or the craving for a Tesla, the passion is still very much evident. And to the owners of those classic cars who are disheartened by the drop in sales, don’t lose hope. The beauty of your vehicles doesn’t fade with the fluctuating market. Rest assured there will always be a group of enthusiasts who value and appreciate these timeless pieces of art and engineering. Perhaps it
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