For many years, classic car collecting was mostly for Baby Boomers. Many of them wanted the muscle cars they remembered from their younger days. Now, younger collectors are entering the market. Millennials are earning more money and looking for the cars they admired during the 1980s, 1990s, and early 2000s.

Younger New Yorkers Want Different Classics

Millennials are helping change what people consider a classic car. Instead of only looking for older muscle cars, many want sports cars and SUVs from the years when they were growing up.

Glenn Harwood, an expert in collector car values and market trends, says nostalgia is a big reason for this change. These cars may remind Millennials of movies, video games, posters, or vehicles they dreamed of owning as children.

BMW M3

The BMW M3 built from 2000 through 2006 is becoming a popular modern classic. It is known for its strong engine, sharp handling, and simple driving experience. For New York collectors, it can be a fun car for weekend drives through the Catskills, Adirondacks, or Finger Lakes.

Porsche 911

The Porsche 911 made from 1994 through 1998 was the final version with an air-cooled engine. That history makes it special to collectors. Prices have climbed as more Millennials search for clean models with low mileage.

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Ferrari F355

The Ferrari F355 was built from 1994 through 1999. It was the Ferrari many Millennials saw on posters and dreamed of driving. Models with a manual transmission are especially popular.

Toyota Land Cruiser

Not every collector wants a sports car. The Toyota Land Cruiser built from 1990 through 1997 has become a favorite among people who love older SUVs. It is known for being strong, dependable, and able to handle rough roads.

Nissan Skyline GT-R

The Nissan Skyline GT-R built from 1999 through 2002 is one of the most famous Japanese sports cars ever made. It became well known through racing games and movies. Because federal law generally requires imported vehicles to be at least 25 years old, more of these cars are becoming available to American collectors.

The Classic Car Market Is Changing

Baby Boomers still play a part in the classic car market. However, Millennials are bringing new money into the hobby. As younger New Yorkers begin collecting cars from the 1980s, 1990s, and early 2000s, they continue to rise in demand and value.

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