8 Tips to Buy a Classic Car
Thinking of buying a classic car? A classic car is a collector’s item and gives its owner some good clean old-fashioned fun. But buying classic cars need you to keep many factors in mind. Go through these assistive 8 tips to buy a classic car.
A classic car or a vintage car is an automobile of dreams. Owning one gives a person’s ego a huge boost. That is but natural. Classic cars do not come cheap. Owning them lets a person get transported to a bygone era that evokes popular nostalgia. Anyone driving a classic car or a collector’s car immediately becomes a talking point of neighbours. And there are even millions of vintage car shows and competitions to participate in. However, owning a classic car can be a very costly affair. This is a car for the rich. Unless you have very deep pockets, you cannot dream of owning this retro automobile. Buying a classic car and restoring it can cost you thousands of dollars. So here are 8 suggestions that you will find useful while going out to buy a vintage automobile.
8 Tips to Buy a Classic Car
These 8 tips will guide you a lot in choosing the perfect classic car for yourself. Take a look.
Reason for Buying the Car
You have probably decided to buy a classic car. Are you clear with yourself why you want that in the first place? If you are single, there is a point in buying a vintage four-wheeler. If you are hitched, you should think about making that purchase again. If you always had a thing for retro cars and if you are very well-off, you can go for it. However, it makes better sense if you view the purchase as an investment. Selling classic cars can earn you great profit.
Know Your Model
What is the classic car model you are looking for? Is it a Chevelle? Or it may be a Pontiac or Ford Mustang? It is important to have a fair idea of the car you want before you actually buy it. If you do not have much knowledge about car models, you must acquaint yourself with some of them. The easiest way to do so is to
- Visit any of the classic car websites – These websites mainly the classified ones consist of descriptions as well as the photographs of the cars. You can also know about the market price of the four-wheelers.
- Go to classic car shows – If you want to see some models ‘live’, going to vintage car shows can be a good idea. You can get to see some classic cars yourself and also meet with their owners.
- Visit local car clubs – Making a trip to these clubs can help you determine which model you are going to purchase. You can also get some useful information about the hottest classic cars from other eager club members.
Plan Your Budget
Before you make a dash, decide how much you are going to spend. Having a fair idea about your budget will help you narrow down your search to an affordable car model.
Talk to the Owner
Once you have decided on a particular model, talk to its owner as much as you can. You do not want to regret your purchase later, right? So ask about every possible detail of the car from the owner. Try to know the history of the car and how long it has been used. Know about any recent technical problems and repairs the car has had.
Never buy used classic cars without taking a test drive. Driving the car will actually let you feel about any abnormalities it may have. Take the car only when you are fully satisfied.
Inspection by Mechanic
Take your car mechanic along for a pre-purchase examination of the car. A good mechanic has the requisite skill and knowledge to check the actual health of an automobile. If your mechanic gives a clean chit, you can safely make a purchase. If he says it needs a lot of repairs, consider the purchase again. You need the car mainly for fun. So there is little point in spending your time and money over unnecessary repairs over a not-so-necessary item. You can also get a vehicle appraiser to inspect the car. In case of unoriginal parts or engine, the car price may go down. That will certainly be in your favour.
While making the purchase, ask for all the documents relating to recent repairs and modifications. The owner must also provide you with his car-purchase documents. Back off from the deal in the absence of such records.
Check the Numbers
Before you buy the model check that the VIN (Vehicle Identification Number) of the car matches its official VIN tag. The official VIN tag is usually located in the side door of the car. If the numbers do not match, do not buy the car. It may have been involved in a major accident or worse, a stolen item. Always buy classic cars that have matching VIN numbers.
Use these 8 tips to buy a classic car for yourself and have some retro fun.