That 1967 Mustang, old Corvette, restored pickup, or air-cooled Porsche sitting in the garage may be much more than a weekend hobby. It could become part of one of the largest transfers of automotive wealth in American history.
Estimates based on Hagerty data suggest roughly 12 million enthusiast vehicles worth about $570 billion could change hands over the next 15 years as older collectors pass their cars to younger generations. For families, that creates an unusual classic car inheritance problem because a vehicle can simultaneously be a valuable asset, an expensive responsibility, and the physical object three siblings remember riding in with Dad.
