You’ll have to take our word for it, unless you fancy forking out nearly 5 grand for the report from Credence Research! That’s how much they’re charging for their latest journey of exploration into the global classic car market. We, on the other hand, are happy to give you the gist for free. You’re welcome!
Here’s the headline: The global classic car market is set to grow from £29.8 billion in 2024 to £58.5 billion by 2032. Yes, double. In less than a decade. Cripes!
Let that sink in for a moment…
At RNG Classics, we’ve long believed that classic cars are more than just beautiful machines. They’re rolling stories. Time capsules. Joy generators. And, increasingly, smart places to put your money.
According to Credence’s (very expensive) summary, the growth in the classic car market is being driven by a few key trends—many of which we’re seeing play out every day with our own clients and community:
Rising collector interest
Surging car values
The shift to online auctions (goodbye overpriced hammer fees, hello convenience)
Accessible restoration services (hello better-than-new)
But what really powers this movement isn’t just the market dynamics. It’s the human stuff.
People fall in love with classic cars for deeply emotional reasons. It’s not just about nostalgia (though that’s a big part of it). It’s about passion. Pride. Self-expression. The joy of a proper engine note and a gearshift that clicks just right.
As the report puts it:
“Classic cars evoke a deep sense of nostalgia, driving emotional purchases and long-term attachment.”
Couldn’t have said it better ourselves.
At RNG Classics, we see this first-hand when people sit behind the wheel of something like our Aston Martin DB9. There’s a shift. A soft smile. A quiet “wow.” It’s not just the leather or the lines—it’s the feeling of being somewhere between Bond and a bygone golden age of motoring.
And the DB9 is a brilliant example of what the report refers to as an emerging modern classic. Cars like this are bridging the gap between old-world charm and modern performance—and they’re only going to climb in desirability and value over the next 5 years. Try one for hire with us for a weekend before investing!
Same goes for the Ferrari 360 Modena, another standout in the RNG fleet. It’s the last of the truly analog Ferraris—mid-engined, high-revving, with a howling soundtrack to make your spine tingle. Values are already rising. And yet, it still feels like a secret the market hasn’t fully caught up to yet…
Not just a car, it’s a lifestyle! Let’s be honest, modern cars get the job done. They’ll get you from A to B. Quietly. Efficiently. Predictably. But do they make your heart race when you walk up to them in the morning?
Classics? They give you something back. Every single time!
Whether it’s for a wedding, a weekend escape through the Surrey hills, or just because life’s too short to drive boring cars—our clients hire from us because they want more than transport. They want an experience. A memory in the making.
Smart money is smiling. With all this emotion flying around, it’s easy to forget: these machines also make a lot of financial sense. Classic cars, unlike most things that bring joy, actually appreciate. According to the same report, the market is on pace to double in value, faster than most traditional investments.
So here’s the equation we like: Smiles per mile + Strong asset growth = Win-win.
And no, you don’t need to buy a million-pound classic to get in on it. Modern classics like the DB9 or the 360 are right at the sweet spot: still accessible, stunning to drive, and gaining serious traction with collectors.
Whether you’re looking to dip your toe into classic ownership, hire something extraordinary for a special occasion, or just want to see what all the fuss is about, we’re here for it. We’re not just curators of beautiful metal. We’re believers in the soul of motoring—and we’re lucky enough to share it with people like you.
So come and take the wheel. Feel the difference. And maybe, just maybe, make the kind of investment that pays you back every time you turn the key.
Browse the RNG CLASSICS Fleet here
