Most weekends it’s easy to find an enthusiast enjoying his collector car. But how big is our Historic vehicle industry. A new nationwide Economic Value Study conducted by the Australian Motor Heritage Foundation with over 6,000 respondents across 800 motoring clubs has confirmed it represents close to $10 billion in annual expenditure on an estimated 970,000 historic vehicles. A staggering sum and the dedicated team at the Australian Motor Heritage Foundation, located in a purpose-built building at Sydney Motorsport Park, rightly point out the study has shown that the historic vehicle movement is a large and vibrant part of Australia’s society and economy. The survey also reveals the total annual economic impact, including both direct and indirect expenditure, is a staggering $25 billion – the sector creating almost 79,000 jobs generating $6.2 billion in wages and salaries annually. Simply incredible figures.

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