17 fun facts about classic cars. - Frankenmuth Insurance (2024)

Different automotive groups have different definitions of what makes a car a classic. But, it’s safe to say an older model with some sort of icon status – something that will never, ever see the scrap yard – can be considered a classic.

One thing is for sure: They’re much more than a mode of transportation. Often-times, classic cars are coveted family heirlooms, and they’re as interesting as the people who collect them.

To celebrate classic cars and those who cherish them, we’re offering a few fun facts about the hottest cars in history.

  1. The first full-scale, self-propelled mechanical vehicle was released in 1769. It was a steam-powered tricycle that was used to haul cannons around town. (But, it weighed 8,000 pounds!)
  2. The Benz Patent-Motorwagen is believed to be the first modern automobile. German inventor Carl Benz applied for the patent in 1886, and later, his wife took it on the first-ever, long-distance drive.
  3. In 1913, the Ford Model T became the first mass-produced automobile. Three years later, 55 percent of all cars in the world were Model Ts, which is a record yet to be broken.
  4. The 1964 Pontiac GTO is widely regarded as the first “muscle car.” Pontiac owned the muscle scene in the early 1960s, but by 1968, that car had plenty of competition.
  5. The Ford Mustang also made its debut in 1964. It was officially unveiled at the World’s Fair in Flushing Meadows, New York. That same day, the car also debuted in showrooms across America, and close to 22,000 Mustangs were purchased.
  6. The first Chevrolet Camaro to ever come off the production line was black. And originally, the Camaro was going to be called the Panther.
  7. The 1969 Dodge Charger Daytona was banned by NASCAR. The car was named for the Daytona 500, and with its record-breaking speed, it won the first race it was entered in. Unfortunately, however, it was just too fast to last.
  8. Pontiac’s “The Judge” (a 1969 GTO) was named after a TV show skit. At the time, John DeLorean was the man in charge, and he chose to name the car after a show he watched and liked: “Rowan & Martin’s Laugh-In.”
  9. “The Judge” was also featured in what’s considered the first-ever rock music video. In the original TV commercial for this car, Paul Revere and the Raiders sang a song they wrote about it.
  10. The original “Dukes of Hazzard” show featured a total of 309 Dodge Chargers – all 1969 editions. How can you tell a 1969 Charger from a 1968? Look for the split grille on the front of the ’69 model.
  11. A 1977 Pontiac Trans Am starred in the movie “Smokey and the Bandit.” Four were provided for the movie – all of which were badly damaged during production.
  12. Each member of The Monkees was given a new Pontiac GTO. As part of their contract, everyone on the hit TV show got a hot car for personal use.
  13. Flip-out headlights on the Dodge Charger were used for the last time in 1973. Apparently, they didn’t seem very family friendly.
  14. There is no 1983 Chevrolet Corvette. Instead, Chevy skipped a year and introduced an all-new model in 1984. However, there were prototypes of the car, and all but one was destroyed. It now lives in the National Corvette Museum in Bowling Green, Kentucky.
  15. Only 11 prototypes of the Porsche 916 exist. It’s one of the rarest cars in the world, as it was soon replaced by the less expensive Porsche 911.
  16. Chrysler’s 426 HEMI engine was called “the elephant.” It was extremely large and extremely powerful. In fact, at Daytona in 1964, the vehicles that placed first, second and third all had this engine – which is why NASCAR would eventually change its engine-related rules.
  17. The most expensive car ever sold at a public auction was a 1954 Mercedes-Benz W196R Formula 1 race-car. In 2013, it went for a staggering $30 million.

Have a classic car of your own? We’ve got one more fun fact for you: At Frankenmuth Insurance, we’ve been insuring cars since 1922 – long before they were considered classics. To protect your piece of history, talk to an agent about our collector car insurance today.

17 fun facts about classic cars. - Frankenmuth Insurance (2)

17 fun facts about classic cars. - Frankenmuth Insurance (2024)

FAQs

Who has the best classic car insurance? ›

Best Classic Car Insurance Companies of 2024
  • American Collectors – Best for Annual Mileage Limit Options.
  • American Modern – Best for Occasional Commuting.
  • Leland-West – Best Overall Classic Car Insurance Company.
  • Chubb – Best for OEM Parts Repair.
  • Hagerty – Best for Restorations.
  • Condon Skelly – Best for Lay-Up Discount.
Jan 26, 2024

Why is classic car insurance so cheap? ›

Cost of collector insurance and available discounts

Coverage for collectible vehicles is almost always less expensive than conventional automobile insurance, because you drive much fewer miles every year and are likely to keep the vehicle sheltered and in good condition.

Do classic cars have high insurance? ›

No, classic cars don't cost more to insure. This may seem surprising based on their age and value, but because classic cars are generally driven less and are well taken care of, they cost less to insure.

How old does a car have to be in Michigan to be a classic? ›

To qualify for a historical or authentic license plate, vehicle must be: • 26 or more years old -- based on vehicle model year subtracted from current calendar year • Owned solely as a collector's item • Used only for events such as historical club activities, parades, and car shows.

How many miles can you do on classic car insurance? ›

Gentle Use Means Lower Classic Car Insurance Rates

This varies by state but usually doesn't exceed 7,500 miles per year.

What are the limitations to classic car insurance? ›

Qualifying for classic car coverage

Limited use – Your classic car cannot be used for everyday commuting or errands, and your policy may include mileage limitations and proof the car is being properly garaged if you do travel with it. In some cases, insurers may require that you also own a primary car for everyday use.

Does State Farm own Hagerty? ›

Fintel reports that State Farm Mutual Automobile Insurance has filed a 13G/A form with the SEC disclosing ownership of 50.00MM shares of Hagerty Inc - Class A (HGTY). This represents 60.09% of the company.

Is full coverage worth it on classic cars? ›

It's usually worth dropping full coverage on an older car if its value is less than a few thousand dollars, as long as there's no loan on it. The more your car depreciates, the less you'll get from the insurance company after an accident or theft.

Is it hard to insure a classic car? ›

Owning a vintage car doesn't guarantee you'll qualify for classic car insurance. Each insurance provider will have different requirements. These are the most common requirements to get classic car insurance: Your car is at least 25 years of age or 20 years old with collectible value.

Can you drive around with historic tags? ›

Historic vehicles are subject to limitations. You usually can't drive a collector's car on public roads like a regular one, but you can lower your ownership costs and still bring your vehicle to car shows and special events. As the vehicle owner, you must comply with your state's traffic laws.

When can you drive with a historical plate in Michigan? ›

Just a reminder for those who have Michigan historic plates on your car. During the month of August you can drive your car anytime, anywhere. Unlike the rest of the year when you are only supposed to drive it in parades, club events, to and from car shows etc.

What is a 40 year old car called? ›

Antique car definition: Antique cars are more loosely defined as being at least 25 to 45 years old, depending on the organization.

What is the best insurance company for old cars? ›

Compare Classic Car Insurance Companies
Classic Car Insurance CompanyAnnual Mileage Limit
#1 Grundy InsuranceUnlimited
#2 Hagerty Insurance (Progressive and Nationwide)Unlimited
#3 American Collectors Insurance (USAA)From 1,000 to unlimited
#4 American Modern Insurance (Geico)From 1,000 to unlimited
3 more rows
Apr 9, 2024

Which insurance is best for an old car? ›

A Third-Party Car Insurance Policy is mandatory, be it a new or old car. But you can consider buying the Comprehensive Insurance Policy for your old car as it provides all-round coverage for your car.

Who competes with Hagerty insurance? ›

Hagerty's competitors and similar companies include SafeAuto, The Zebra, Mercury General Corporation and McGriff Insurance Services.

Did State Farm buy Hagerty? ›

Fintel reports that State Farm Mutual Automobile Insurance has filed a 13G/A form with the SEC disclosing ownership of 50.00MM shares of Hagerty Inc - Class A (HGTY). This represents 60.09% of the company.

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