Charging Into A New EraElectric vehicles have dramatically changed the automotive landscape, prompting several legacy brands to introduce models that would have been unthinkable decades ago, such as the Ford Mustang Mach-E. Part of that shift comes from policies requiring newer vehicles to produce fewer emissions, eventually targeting zero emissions altogether. That also raises questions about the future of classic cars, especially older carbureted models compared to more modern fuel-injected vehicles.CarScoops, citing Hagerty, said there are more than 43 million collectible cars in the U.S., with approximately 12 million of them, valued at around $570 billion, expected to be passed down from one generation to the next over the next 15 years as part of the Great Wealth Transfer. It might seem that EV-supporting policies would kill these classics, but the report noted other factors that could make them less appealing to heirs, including maintenance costs.
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Author: Rex Sanchez
