Classic cars are a special type of vehicle. They’re not just old and used cars, they’re cars that have a special significance in the automobile world. We’re talking about certain cars that are iconic or very revolutionary at the time they were brought out.
For many car lovers, the idea of owning some classic cars is very exciting. It’s almost as though you’re not truly into cars unless you have a classic car collection of your own. Bearing that in mind, this guide is for everyone that’s considering buying their first classic car this year.
Below, you will find all the advice you need to make a good purchase and ensure you buy a classic car without throwing away your money. Here’s everything you need to know:
Searching For Classic Cars
The first step in buying a classic car is knowing how to find one. In truth, the process is very similar to how you’d buy a regular car. You can head to online sites where individuals are selling their cars, and search for ones that are more vintage than others.
Alternatively, you could look for actual websites that specifically sell classic cars or auction them off. This is a great option as you have everything you need in one place. With the first idea, you still see regular cars in your search results, so it’s more effort on your behalf to filter them out until you find the classics. There are loads of classic car websites out there that offer a variety of different cars. Sometimes, they sell them with a price tag, other times you have to bid on the car against other people.
You could also take a trip to a classic car auction if you’re extra keen on finding a car. This can be a good way of finding a bargain, but it does require a lot of effort. Plus, you could end up buying a car and then have to figure out how to transport it home on the day. This can be tricky, but we’ll talk more about transportation later on.
Valuing Classic Cars
The hardest part of buying classic cars is figuring out how much you should pay for one. Everything you’ve ever been taught about buying a car says that the older the vehicle, the cheaper it costs. However, when you throw classic, iconic cars into the mix, this concept can change slightly.
Truthfully, it all depends on the car itself. You have some classic cars that are very cheap, and you shouldn’t look to spend a lot of money on them. These are cars that are perhaps not that well-known and aren’t incredibly iconic. Then, you have truly iconic cars that everyone knows about and are incredibly popular. These cars may have been featured in films, or they could be vehicles that represent a revolutionary period in the automobile industry. Also, a lot of the time, the availability of the car determines the price. A lot of classic cars are limited edition, which means there are hardly any out there. Naturally, these cars will be a lot higher priced than those that are more available.
To get a good idea of how much you should pay for a classic car, you should do some research. Take a look at various auctions and listings to see how much the classic car is going for. This will give you an average price, and you’ll know how much the car is roughly worth. You should also take into account the condition of the car. Some classic cars can be in very bad shape and may need serious renovation. Therefore, don’t pay too much for a car you need to spend a lot of money on with repairs and renovations.
Transporting Classic Cars To You
Typically, when you buy a car, you head to wherever you bought it from and drive it away with you. This is because we tend to buy cars that are in good working order and ready to drive. However, with classic cars, this isn’t always the case. Often, you can buy a classic car that’s on its last legs and can’t be driven. This gives you a nice project as you aim to restore the car to its former glory.
As such, you need to figure out how you are getting a classic car to your location if you can’t drive it. Now, you’ve got a couple of feasible options to choose from here. Firstly, you could find a company that offers vehicle transport services and will get your car from point A to point B as safe as can be. Alternatively, you can save money and tow the car yourself. Obviously, if you live near the location of the classic car, it might make more sense to tow it yourself. However, do you really want to do this if you’re traveling across the country?
The bottom line is that you need to figure out how you’ll transport your classic cars, so they arrive to you in one piece and without suffering any damages.
The Best Classic Cars
To round off this guide, we thought it would be helpful to show you some of the best classic cars money can buy. This should give you an idea of what to look for, and can also point you in the direction of your first classic car!
Jaguar E-Type (1961)
One of the most beautiful cars ever made and incredibly stylish.
Aston Martin DB5 (1964)
James Bond’s car from the hit movie Goldfinger still considered one of the best Aston Martins of all time.
Lamborghini Countach (1974)
A real blockbuster car with a unique design and mightily impressive engine. The type of car that gets heads turning and pulses racing.
Mk 1 Mini Cooper (1959)
This is an iconic Mini Cooper from the hit film ‘The Italian Job.’ It’s a car everyone will recognize and is symbolic of the industries aim to create smaller vehicles.
Hopefully, you’ve got a few ideas now for which classic cars to pursue. Also, take in all the information in this guide to help you make your first purchase. Be smart, take everything into account, and go start your classic car collection today!