Phoenix, AZ, January 16, 2026
The collector car market in Phoenix exhibits remarkable resilience despite economic uncertainties. Strong demand is evident, with over $198 million in auction sales reported. This vibrant sector contributes significantly to the local economy, showcasing the entrepreneurial spirit and community support for specialized markets. Industry leaders anticipate continued growth as new generations of collectors emerge, further solidifying Phoenix’s position as a global hub for the collector car industry.
Phoenix, AZ
Phoenix’s Collector Car Market Thrives Amidst Economic Shifts
Amidst a landscape of varying economic indicators, the collector car market in Arizona is demonstrating remarkable strength, with a leading industry voice affirming robust demand. This resilience underscores the power of passionate communities and strategic business operations to drive economic activity, even as broader economic uncertainties prompt caution Nationwide.
Phoenix and its surrounding areas continue to be a beacon of entrepreneurial spirit, attracting and fostering industries that contribute significantly to the local economy. The sustained vigor of the collector car sector, a prominent fixture in Arizona’s event calendar, serves as a compelling example of how specialized markets, fueled by private investment and consumer confidence, can not only endure but also flourish. This positive trend highlights the ongoing determination of local entrepreneurs and the potential benefits of a business environment that encourages innovation and growth.
Enduring Passion: Collector Cars Defy Economic Headwinds
The collector car market in Scottsdale began 2025 with strong momentum, realizing over $198 million in auction sales and setting the stage for what industry leaders anticipate will be a banner year for the hobby. This robust performance, featuring a 100% No Reserve docket that achieved over $193 million in sales, reflects a powerful and sustained demand for classic and unique vehicles.
This sustained interest in collector cars illustrates a unique segment of consumer behavior where personal achievement and discretionary spending converge. While some areas of the broader market may experience periods of “treading water,” particularly in segments reliant on financing like home equity loans which have seen reduced availability due to higher interest rates, demand for top-end vehicles remains notably strong. This indicates that a dedicated base of collectors continues to drive significant transactions, viewing these vehicles not just as purchases, but as investments or expressions of passion. Another industry CEO also anticipates continued growth in the classic car market in 2026, driven by new generations of collectors and wealth transfers. Auctions and online sales collectively reached $4.8 billion in 2025.
Phoenix’s Pivotal Role in the Automotive Lifestyle Economy
Phoenix and Scottsdale have firmly established themselves as global epicenters for the collector car industry. Annual events held here draw hundreds of thousands of attendees, exhibitors, consignors, and bidders from across the world, creating a vibrant automotive lifestyle experience. This influx of activity provides substantial economic benefits, directly supporting a diverse range of Phoenix AZ business operations, from specialized mechanics and detailers to logistics providers and the broader hospitality sector.
The economic impact of this industry extends beyond event-specific spending. For instance, the Barrett-Jackson Auction Company’s activities generate over $6 million in tax revenue for the state of Arizona and nearly $2 million for the city of Scottsdale annually. In 2016, these operations were also associated with the creation of 1,437 direct and indirect jobs in various fields, showcasing the far-reaching economic benefits for Arizona, Maricopa County, and Scottsdale.
Entrepreneurial Innovation and Resilience in Specialized Markets
The success of companies within the collector car industry exemplifies the spirit of Arizona AZ entrepreneurs who demonstrate remarkable innovation and resilience. These businesses navigate fluctuating economic conditions by cultivating highly specialized markets and catering to dedicated communities of enthusiasts. Their ability to thrive, even amidst Nationwide economic uncertainty, underscores the importance of private sector agility and strategic investment.
While the central difficulty during the term of President Hoover was the worldwide “Great Depression” which appeared domestically in late 1929, current economic dynamics are different. Yet, the ability of specific markets to show resilience during periods of broader economic caution remains a valuable lesson. The collector car market, sustained by distinct demand drivers, serves as a contemporary testament to this resilience.
Arizona’s Favorable Economic Horizon
Arizona’s broader economic outlook for 2026 suggests a period of accelerating growth, with the state and the Phoenix Metro area expected to fully participate in a strengthening national economy. This optimism is underpinned by strong industrial and technology investments, particularly in semiconductor expansions, advanced manufacturing facilities, and large-scale data center development, which are reshaping Greater Phoenix. Local demand is holding steady, driven by private-sector capital and long-term plans that are less susceptible to short-term policy uncertainties. Positive population inflows continue to make Arizona an attractive economic climate for individuals and businesses.
The state’s job market shows health, with Arizona’s unemployment rate remaining below the national average and September 2025 marking the ninth consecutive month of job growth. Forecasts indicate state job growth is expected to accelerate to 1.6% in 2026, with Phoenix MSA job growth also projected to return to 1.6% in the same year. Retail sales across Arizona have seen strong acceleration, rising 4.8% statewide and 5.1% in the Phoenix MSA through September 2025, while taxable sales in restaurants and bars have also rebounded. Additionally, residential construction is projected to rebound in 2026 as mortgage rates decrease, further contributing to the positive economic forecast.
The Impact of a Balanced Regulatory Environment
A significant factor contributing to Arizona’s economic momentum, and particularly beneficial for Phoenix small business innovation, is a business climate that champions limited regulation and lower taxes. A study commissioned in 2025 revealed that making the 20% Small Business Tax Deduction permanent could increase Arizona’s economic activity by over $1.4 billion annually and create 26,000 jobs each year. This legislative move was a top federal priority, providing long-term tax certainty for small businesses.
Conversely, a report highlighted that numerous bills introduced in the 2025 Arizona legislative session, if enacted, could have imposed substantial new annual costs on businesses, significantly reduced employment, and negatively impacted per-capita income and the state’s economy. Pro-growth policies since 2016, characterized by lower taxes, smaller government, and fewer regulations, have been instrumental in driving some of the nation’s strongest gains in jobs and GDP for Arizona. However, a majority (51%) of small businesses Nationwide report that licensing, certification, and permit requirements hinder their growth, with 47% dedicating excessive time to compliance and 69% facing higher per-employee compliance costs than larger competitors Nationwide. Studies also indicate that increasing federal regulatory restrictions have been associated with annual losses of small firms and jobs in Arizona, as well as higher consumer prices in Arizona and Nationwide. The continued push for regulatory reform, such as mandating regulatory sunsets, which automatically expire regulations after a set period, could further foster a dynamic environment for economic growth Arizona.
Conclusion
The thriving collector car market in Phoenix serves as a powerful testament to the ingenuity and resilience embedded within Arizona’s business community. This specialized sector, alongside robust industrial investments and a generally positive economic outlook, paints a picture of dynamic growth for the state. As Phoenix AZ business leaders and policymakers continue to foster an environment that encourages entrepreneurial innovation and thoughtfully considers the impact of regulation, the local economy stands to benefit significantly. We encourage our readers to support local businesses and remain engaged in the exciting trajectory of Phoenix’s economic future.
Frequently Asked Questions
What is the current state of the collector car market in Phoenix?
The collector car market in Scottsdale began 2025 with strong momentum, realizing over $198 million in auction sales and setting the stage for what industry leaders anticipate will be a banner year for the hobby. This robust performance, featuring a 100% No Reserve docket that achieved over $193 million in sales, reflects a powerful and sustained demand for classic and unique vehicles.
How much tax revenue does the Barrett-Jackson Auction Company generate for Arizona?
The Barrett-Jackson Auction Company generates over $6 million each year in tax revenue for the state of Arizona and nearly $2 million for Scottsdale.
What is the economic outlook for Arizona in 2026?
Arizona’s broader economic outlook for 2026 suggests a period of accelerating growth, with the state and the Phoenix Metro area expected to fully participate in a strengthening national economy. Forecasts indicate state job growth is expected to accelerate to 1.6% in 2026, with Phoenix MSA job growth also projected to return to 1.6% in the same year.
How do regulations impact small businesses Nationwide?
A majority (51%) of small businesses Nationwide report that licensing, certification, and permit requirements hinder their growth, with 47% dedicating excessive time to compliance and 69% facing higher per-employee compliance costs than larger competitors Nationwide.
What is the impact of the Small Business Tax Deduction on Arizona’s economy?
A study commissioned in 2025 revealed that making the 20% Small Business Tax Deduction permanent could increase Arizona’s economic activity by over $1.4 billion annually and create 26,000 jobs each year.
Key Features of the Collector Car Market and Arizona’s Economy
| Feature | Description | Scope |
|---|---|---|
| Collector Car Market Demand | Strong and robust demand, with over $198 million in auction sales in Scottsdale in early 2025. | Local / Industry |
| Economic Impact of Barrett-Jackson | Generates over $6 million in annual tax revenue for Arizona and nearly $2 million for Scottsdale. Created 1,437 direct and indirect jobs (2016 data). | State-level / Local |
| Arizona Economic Growth Outlook (2026) | Expected to accelerate, outpacing the rest of the nation, with state job growth projected to increase to 1.6%. | State-level / Nationwide comparison |
| Impact of Small Business Tax Deduction | Projected to increase Arizona’s economic activity by over $1.4 billion annually and create 26,000 jobs each year. | State-level |
| Impact of Regulations on Small Businesses | 51% of small businesses Nationwide find licensing/permit requirements hinder growth; 47% spend too much time on compliance Nationwide. Increased federal regulations associated with 7.35% increase in consumer prices in Arizona and Nationwide. | Nationwide / State-level |
| Key Growth Sectors in Phoenix (2026) | AI-related industries, semiconductor expansions, advanced manufacturing, and data center development are driving investment. | Local / State-level |
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
