Spending on classic cars rises

Results of a survey carried out by the Federation of British Historic Vehicle Clubs (FBHVC) show a growing interest in classic cars with owners spending an average of £1,489 pa on their classic".
FBHVC survey

Posted: 190524
The Federation of British Historic Vehicle Clubs (FBHVC) announced the results of a 2019 Cost of Ownership Survey - the headlines were::
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Number of historic vehicles on the DVLA database has increased by 201,913 (16%) historic vehicles since 2016 to 1,241,863.
9.8m people in the UK are interested in historic vehicles.
Average distance covered by an historic vehicle is 2,214 miles pa.
21m people see historic vehicles as an important element of the UK's heritage.
11.3m people think historic vehicles should be exempt from restrictions of low and ultra-low emissions imposed on other vehicles.
5.1m people are interested in owning an historic vehicle.
60% of owners say owning an historic vehicle is one of the most important things in their life.
Owners spend an average of £1,489 per historic vehicle per annum.

David Whale, Chairman of the FBHVC (and also a longstanding MG Car Club member in the Northwest Centre) says "whilst public enthusiasm for and interest in the historic vehicle sector continues to be very strong, there are changes that will affect all historic vehicle enthusiasts. This mid-term research is incredibly useful to monitor progress at such a time of rapid change. The Federation celebrated its 30th anniversary in 2018 and it is clear that if we are to celebrate a further 30 years, as enthusiasts with a common interest, we must all focus on communicating and engaging with younger people to ensure they develop an interest in historic vehicles.”