Classic VW BuGs Younger generations show growing interest in Vintage Volkswagens

From TheClassicCars.com Journal

More young people are showing an interest in buying classic Volkswagens, according to data from Hagerty Classic Car Insurance.

“The whole myth that younger people, in general — and to characterize younger people in general and, of course, everyone loves to typecast the millennial generation — none of them like cars, is wrong,” said Jonathan Klinger, Hagerty’s vice president of public relations. “There are plenty of young people that are interested in cars.”

Hagerty has reported a drop in classic Volkswagen insurance quotes among older generations — those born in 1964 or earlier — since 2015. In 2015, baby boomers requested 42 percent of Hagerty’s classic VW quotes, by far the lion’s share. This year, that number has dropped to 34 percent.

Generation X has consistently shown an interest in the vintage German cars, but the VW marque has begun to flourish among millennials. In 2015, 14 percent of Hagerty’s quotes for older Volkswagens were requested by millennials. This year, that figure climbed to 23 percent.

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Last Updated: December 6th, 2018