Thursday, June 17, 2021
News Classic Car Dealer Reports Record Sales During Pandemic

Classic Car Dealer Reports Record Sales During Pandemic

Colorado classic car dealer selling record levels despite shutdowns

  • Denver dealer moving more than 100 classics a month

  • Vintage buyers still eager to buy


When COVID-19 arrived, auto sales took a sharp drop. Months later, retail sales still haven’t recovered, but according to a Colorado classic car dealer, sales at their vintage shop are up and online.

Worldwide Vintage Autos in Denver, Colorado, sells cars ranging from the 1950s through the 1980s, and as he told Business Den, “Classic cars are a want, not a need. So, I anticipated people would hold on to their assets,” said co-owner Britt Douglas.

Instead, the opposite has happened. The store would normally sell or consign around 100 cars every month, a figure that would impress for a new vehicle dealer, let alone one that specialises in the unusual. Douglas said that the company has sold around 115 cars every month since the pandemic started, and a record of 124 in May.

“As far as overall volume, we are one of the largest classic car dealerships in the country,” Douglas said. “And we hold the most inventory out of any classic car dealership in the country right now.” Those vehicles are going quickly, and he said they’re typically sold in under 30 days. Among the current inventory at WVA are models ranging from a 1965 Chevrolet Suburban to a Mercedes-AMG G63 and just about everything in between including muscle cars, loads of Broncos, and more.

The store says that its average customer is between 30 and 50 and that nowadays 90 percent of their business comes through the internet. Not just because of COVID, but because these cars are frequently sent all across the world.

Why are sales picking up when everything is shutting down? It’s not clear, but we’d guess that a combination of shorter commutes thanks to working at home, more leisure time thanks to working from home, and that the likely wealthy buyers of these cars are probably less affected by pandemic-related unemployment all contribute to the spike.

Trending Now

All-New MK8 Volkswagen Golf GTI Will Be The Best-Driving Ever

The GTI will be delivered with a standard torque-sensing limited-slip differential. The new GTI will offer improved driving dynamics. It’s almost difficult to believe...

GM Set to Announce More US Battery Plants This Week

GM plans EV transition by 2035 Two new plants already expected to open in next two years The President of General Motors is planning...

2022 Nissan Pathfinder Priced From $43,798 In Canada

All versions are equipped with AWD in Canada. The new Pathfinder arrives mid-summer in showrooms. As the midsize 3-row SUV segment continues to grow...

Ford Recalling 18,000 Super Duty Pickups For Wheels That Might Fall Off

All are equipped with dual rear wheels and front hub extenders. These front hub extenders are improperly torqued into place. If you own one...

Dodge And F9 Team Up For The “Superpower” Promotional Campaign

The ninth installment of “The Fast & Furious” franchise opens in theatres on June 25th. The 60-second spot is loaded with horsepower and...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.