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Can we understand the collector car market?

Can we understand the collector car market?

If you are like me, you are probably thinking – why would someone need more than one car in their garage? Think about it, there is simply no way of driving more than one at a time!

Obviously, the reason behind collecting cars is not for their practicality, but rather something else.

I have a friend who likes to say that we don’t buy a car for ourselves; we buy it for a neighbor, or whoever else is watching. The first time he mentioned it, it didn’t dawn on me how right he was. Now, the more I think about the collector car market, the more I understand his words.

corsia classic cars

Why do people collect cars? Out of passion? Genuine love for vehicles? Are they just snobs or smart investors?

Hundreds of economic papers have been written on the topic of how wealthy people like to spend their money, and quite a few analyze the psychology behind it. None of them, however, can give you a definite answer on why people collect cars. I believe that even though there might be some common ground for generalization on the topic, it is still extremely individual.

Understanding the collector car market

When it comes to understanding the market, I like to think that people collect vehicles simply because they like to “play” with cars.

Just like when you are little and want to have more than one toy car in your collection: you “drive” them, polish them, arrange and rearrange them. When you are an adult and have the means to go and buy as many cars as you want, why not do it? It is just as fun, if not more. After all, if you have a taste for cars, you should know how hard it is to pick just one.

If you have been following our blog, you have probably noticed the article about the Ten of the most desired classic cars. Well, one thing is for sure, it wasn’t easy to narrow that number down to ten. Imagine if you were to buy ten of the best cars in the world, how do you make up your mind?

Maybe that’s what it is – when you have the money and passion for cars, you cannot limit your choices. You might start buying cars based on power, design, or even year, but eventually, you would want to diversify them a little and that’s when a collector is born.

You may have noticed that many collectors open their own car museums at one point. Some people think that it is because they like to brag and show off, I’d rather think that they just ran out of space.

Collecting cars – always a smart investment

When you take a look at the “Ten Biggest Car Collectors in the World”, one thing stands out – the list consists of ten men. I don’t think that the reason behind it is simply the fact that men are more into cars. Plenty of girls get the shivers when a nice car passes by. If I could have a clothes collection and display it in a museum, I would be more than happy. However, it is not a wise investment, at least not compared to investing in cars.

If you choose wisely, you can get a great car that holds its value well. And not only that. You can also have it on display, and it may slowly start paying you over the years. Of course, being smart is important when it comes to collecting cars, you cannot buy any old or rare car that comes along, simply because it is there or you got a good deal on it.

When it comes to cars, you don’t want to go the cheap route. If you manage to get a good quality vehicle, even if the condition is not that great, you have to make sure you have an original. At least then you know that it can hold its value over the years. Not to mention that a collector should always think about those not yet declared classics, but well on their way.

So, how can we understand the collector car market?

Maybe it’s not that easy. It all depends on how much you are into cars. However, think of something you love and can’t get enough of… No, I’m not talking about ice cream! Everyone yearns for something. Now imagine there are thousands of options out there and you can afford to choose. Would you think twice of whether you want to get it?

Some collectors buy cars just because they can, without any extra meaning put into it. Others do it because it is trendy or gives them a certain status in society. And then we have that other kind of car collectors, who do it simply because they love it. They know every single detail about each and every car they own as the palm of their hands.

And in the end, there is one more thing we have to mention – car collectors know and understand why shipping a car is always a good idea. We work with many collectors and transporting classic cars is always a pleasure! We like to say that our motto, and motor, is “Making history, by delivering history.”

If money wasn’t the problem, would you join the collector car market?

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Looking for a logistics company, to ship my car, from California to Illinois,my first search, then Corsia showed up, skeptical. Call and a very friendly secretary: Elena. She guided me through, I scheduled and as she explained, all when smooth as scheduled Very happy I did the right choice. I'll recommend this great Company to anyone that is thinking to relocate a vehicle. Thanks Corsia logistics for your honesty and professionalism!
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Corsia was highly recommended by a friend in the automobile industry. We needed to transport a cargo van from Seattle to Florida. We contacted Corsia who quickly arranged transport within just a few days. Communication was outstanding! Just a few email confirmations and we were all set. Mike was great and arrived right on time and delivered to Florida on schedule. Tip-avoid the hornets nest of auto brokers on line and just contact Corsia for a truly great experience!
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Corsia has been amazing. Their prices are really competitive but more importantly their customer service has been 5-Star. Elena followed up with me every step of the way, making sure there was no miscommunication between me & the driver. We are using them to ship a 2nd vehicle & would not hesitate to use them again!
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I have recently used Corsia for long time family car with sentimental value that was moved I have recently used Corsia for shipment of my vehicle from Oregon to Arizona by recommendation from other family member who also used Corsia in the past. I am very pleased on the service and the communication throughout shipment. Ken was my direct contact and kept me informed along the move The car was picked up and delivered as communicated. I did use a enclosed mover and the driver was also clean cut professional and treated car as his own. I would definitely recommend Corsia again with the experience I have had. Thank you. T
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Top notch Transport - Porsche 997 Top notch! As easy and efficient as one could possibly imagine. Great customer service.. thank you Luke. Great prices. Check. Timely communications. Check. Clean transport trailer. Check. Supremely careful driver. Check. Timely arrival. Check. Don't mess around elsewhere, just call Corsica and feel confident your transports needs are going to be exceeded. My Porsche 911 rode like a Queen in her enclosed chariot. I've never needed a transport company before, and I surely will use them every time. Do yourself a favor, seriously. Call now.
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Corsia rep (Elena) was very proactive. Helped ship a car from CA to GA. She checked in with me via email quote and several phone calls to find me the best possible quote for the fastest available service. After several communications, Corsia was able to schedule a vehicle pickup the next day. The driver communicated well, and the vehicle arrived in final destination faster than we expected in perfect condition. I highly recommend using Corsia's reliable, efficient service.
Cay Liptak
Clean, efficient, wonderful
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Thanks, Corsia! Pickup was so clean, efficient, and wonderful -- my only recommendation is to make sure you schedule it during the day so you can fully review the car in the daylight. Drop off was equally wonderful, and the whole trip went down without a hitch (pun intended!). Seriously, Corsia delivered my Jeep from CT to California with no issues or bumps in the road!
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Corsia Memphis to LA, mid-size SUV. I looked at 4 different companies amd Corsia was the most responsive of them. While being responsive, they were not unduly aggressive: when I indicated that I need to wait a month before making a decision they stopped contacting me and only came back with a reminder when I really needed it. Once I decided to engage Corsia they found me a transport within two days and the car was delivered (from Memphis to LA) in another two days. I had a truly positive experience.
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Working with Corsia Logistics was a great experience. Working with Corsia Logistics was wonderful. They were able to find a driver right away to transport our car. They were in constant communication as to when the car was getting picked up and dropped off. The driver also communicated with me as to when he would arrive. I would highly recommend Corsia Logistics.
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Corsia was an excellent company to work with while I transferred my car across the US. A friend of mine suggested I use them as they had been very organized and trustworthy with her own car. I researched a few different place but decided to go with Corsia and I'm so glad I did! Any questions I had throughout the process they answered quickly and clearly. I would definitely use them again in the future and recommend them for others to use.