10 Things to Know Before Investing in Your Dream Classic Car

Looking forward to buying your dream classic car? Maintaining one can be very expensive because replacement parts are not easier to access or buy. Vintage cars usually increase in value with time. If you are serious about investing in one, consider the following before making a purchase:

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  1. A Classic Car or an Old Car?: Classic cars require a lot of attention. This means you may end up spending a lot of time maintaining it than actually enjoying or driving it. If you are a first time buyer, you will have an added advantage. On the other hand, buying one for restoration demands a huge budget and expertise.  Some of the classics are nothing more than old cars, especially if they are not rare models. It is important that you go for something that won’t plunge in value the moment you drive it out of the shop.
  1. Availability of Parts: First time buyers must understand that parts of classic cars aren’t available easily. If you go for popular retro brands such as Dodge, Chevy, or Ford, the parts will be easier to buy. Avoid investing in cars that are no longer in production such as Plymouth, AMZ, or Mercury or.
  1. Pay Attention to the Color: Paint of the car is very important, especially in case of a rare combination. It can drive the value of the vehicle up significantly! Cars are such a great investment. Look for more information on automobile news in Hindi online. These websites offer the latest information on the auto world across the globe.
  1. VIN: The VIN or Vehicle Identification Number stated on the title should match the official VIN tag available on the car. The mismatch means involvement in a serious accident. The car may also be stolen or a counterfeit.
  1. Clear Title: The car must be registered to the seller. Any issue can make you pay for fees and penalties unnecessarily.
  1. Interior: Nothing is better than the original. Make sure you check seats, badges, radio, emblems, upholstery, dashboard, etc. carefully for any damage. Also, check for any signs that are not factory original.
  1. Check the Exterior: You must examine exteriors of the car in natural daylight. Take a close look for the paint condition and dents. Do check for mismatched or misaligned panels. Any major welding marks may be an indication of clip job.
  1. Rust Damage: Some rust should not be a problem. However, if you find that complete body panels, floorboards, and sections are rusted, do not go ahead with the deal. So make sure the classic car does not show any signs of replacement or repair.
  1. Test Drive: In case, the classic car is in running condition and legal to drive, you must take it out for a drive. This will help you check for any issues with the car. Pay attention while driving the car. You should listen for noises, clunks, any squeaks etc. Also, check, it feels loose while moving over bumps or around corners. Expensive suspension issues should also be inspected.
  1. Questions You Must Ask the Seller
  • How long have you owned the car?
  • What is the reason for selling the car?
  • What repairs does the car need?
  • How frequently do you drive the car?
  • Would you recommend taking the car for a long drive or a road rally?
  • Is there any significant rust on the car?
  • Can I appoint an inspector to inspect the car?
  • Are you selling a classic car for the first time or do you sell them often?

After asking these key questions, you can have a better picture of the overall condition of the vehicle. You will also come to know about its history, and any kind of repairs needed.

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