Spring is here, and if you are like some people, you may be thinking about looking into purchasing a classic or antique automobile. When it comes to cars, they just don’t make ‘em like they used to. Sure, modern cars have rear-view cameras, Bluetooth, and a million other snazzy features. But for some old souls, there’s nothing quite like a leisurely drive in a classic car. I’ve done some homework, and hope that you may find these tips for buying a classic car useful!
Do a Thorough Check for Rust – Many classic car experts have one firm rule – don’t buy rusty cars. A few small spots are easily fixed, but any signs of ‘the brown stuff’ under the car, inside fenders, and under doors should be a red flag.
Perform a VIN Number Check – It’s getting harder and harder to find a number matching car. If you can find one, it may be worth more. On the other hand, pointing out that a car’s numbers don’t match could be a good point of negotiation if you’re still willing to buy.
Weigh the Mileage Numbers – Classic cars are all used, but they are not all created equal. Some buyers will only consider low-mileage classics, while others are okay with higher mileage vehicles (as long as the price tag reflects the increased use).
Be Patient – If you’re in the market for a classic vehicle, don’t jump at the first car you like. Wait for a car that you can’t live without. After all, this should be considered an investment – there are plenty of great fish in the sea if you’re willing to cast your line and wait a while.
Get an Insurance Quote – We can help you with a quote on your new Classic Car, or your current Classic car. Just give us a call 617-298-0655 to get a quote on Massachusetts insurance for the classic car of truck you’re considering.
Watch the video here.
I would LOVE to know your thoughts if you own a classic or antique car (or have additional tips) leave a message below.
Carlos
It’s always been a dream of mine to own a classic car, and the time and money has come where I can do so. It’s good to know that when I start looking at different ones, that I want to do a thorough check for rust. That will help with making sure that I find the right car for me, that will last me a long time.
Hi Alex, thank you for your comment!
When the time comes to purchase the insurance, I hope that you will give our agency a chance to write your insurance policy.
I really like what you said about being patient and waiting for the car that you can’t live without before investing your money. My dad is looking to burn some of his retirement fund to purchase a classic car. He will be spending a sizeable amount of money for this purchase, and I want him to make the most out of it even if he decides to resell it later on. It certainly looks like waiting in for the right classic car will help him get a better car for his money.
I do like that you remind readers that all classic cars are used. Because of this, there are certain factors to take into consideration such as the mileage. After all, you will want to make sure that the classic car you’ve bought does not have too many miles on it.
Thank you, Duncan!
I love all the information that I have learned today,. Very useful and can be very helpful.
Thank you