The Association of Motor Clubs (AOMC), Victoria's peak body for car and motoring enthusiast clubs (to which BMWDCM is affiliated) contributed to the funding of a national survey conducted by the Australian Motoring Heritage Foundation (AMHF) into the economic value of the historic and classic car movement.

The Economic Value Study (EVS), the first of its kind in Australia, received over 6,000 responses and indicates that the owners of an estimated 970,000 historic vehicles in Australia spend on average $10,240 per vehicle annually across a range of items including running costs, travel costs and other related purchases such as club memberships.

The survey also indicates that the total annual economic impact, including both direct and indirect expenditure, is $25.2 billion: with the sector creating almost 79,000 jobs – 42,000 direct and 37,000 indirect. These jobs generate $6.2 billion in wages and salaries annually.

Read the executive summary here and the full report here. Note : both these links will take you to the AOMC website.