Buying and Maintenance of US Classic Cars.
If you have a passion for owning an antique car, now’s the time to pursue it. According to a study noted in the LA Times, the value of collectible cars has risen 33% since the worst part of the recession in 2009. And some investors who got burned by real estate and the stock market look upon owning a classic or antique car as owning a hard asset.
So if you have the cash and the patience to look, you might consider buying a classic car. Seek out tips for getting started to help you find your dream car, and then get on buying, moving and restoring it.
Antique Car Tips
1. Know your car – If you’re seeking classic ’50s muscle cars, research the Web, find out where car collectors shows are, who’s selling online, where to get information about parts and restoration possibilities. The more you know beforehand, the better equipped you’ll be when purchase time arises.
2. Inspect the vehicle – Once you’ve found a possible model, inspect the car carefully and make a list of every part that might need replacing. Having a list of everything in hand will help down the road when sourcing classic car replacement parts.
3. Buy the right parts – It’s generally OK to buy parts like side mirrors, gear shifts and others from junkyards, classified ads, and online car auctions. But for engine parts and other mechanical items, stick with new, unused parts from a local dealer or an online parts dealer.
4. Seek help in moving the car – If your antique car needs repairs, you’ll need to get it to a garage or to your mechanic. Don’t drive the car, but rather move the vehicle with the help of auto transport companies that are well-practiced in the movement of rare and expensive vehicles.
5. Restoring the car – Older cars are quite heavy, and removing some interior parts like full seats, and rims and tires can help in starting any mechanical work needed on the car’s underside or engine area. When repairs are finished, pick a preferred new color scheme or find the original factory paint color. Use a professional shop that specializes in matching the paint to original factory colors.
Once you buy, transport and restore your classic car, you’ll also have to insure the vehicle. Antique insurance isn’t generally expensive, and is typically less than the coverage of your everyday car. Berry Insurance suggests in these antique car insurance tips to find an agent that is knowledgeable of the antique and collectible car market to ensure you get the insurance coverage you need.
When you have finally successfully restored your first classic car, it is time to relax and enjoy the benefits of this prestigious and well earned honor. Roll your windows down, turn on your favorite tunes, and let the good times roll.