Classic Cars

Are you a fan of the classic vehicles which served to define the “Golden Age” of automotive history? Do you enjoy to feel the roar of an engine without being overwhelmed by technological innovations? You may simply enjoy the sleek, streamlined and even muscular appearance of many vehicles dating from days before you were born. Whether you are a seasoned collector or you are just getting involved within this exciting sector, older cars are certainly worth a closer look. What are some of the main principles that you need to know, what are some of the benefits and drawbacks of this hobby and what are a handful of the most popular models that will turn heads at the car show as well as when driving down the motorway?

Purchasing a classic car is actually much easier than you may have been led to believe. A good portion of this convenience can be attributed to the rise of the Internet across the globe. As opposed to in the past, you have access to literally millions of classic vehicles from the comfort of your own home or even via your smartphone.

Online auction sites are a very popular choice, as these tend to be run by collectors while being geared towards collectors. It could also be worthwhile visiting forums that are dedicated to this industry; making a few friends will provide you with valuable contacts when you are in the buying process. Stick to the most trusted sites, as you will be able to avoid scams and other “black hat” practices which have plagued this sector in the past.

Although the Internet is a wonderful resource, there is nothing wrong with hitting the streets and making a few enquiries. Peruse any advertisements in your local town council hall. Speak with friends, family and co-workers. Place advertisements in local newspapers. Attend major car shows such as the London Classic Car Show or the Bristol Classic Car Show. You will be surprised at what you can find!

The Advantages and Disadvantages of Buying a Classic Car

Classic cars are true collector's items. They also represent very real investments; their value increasing over time. They can be added to other financial portfolios and in times of need, they can be sold to obtain some much-desired liquidity. Finally, the driving experience itself is simply amazing.

We would be remiss if we did not mention a few downsides here. First, it can be difficult to insure such a vehicle and your rates may be quite high if you plan on driving it frequently. A classic car may require special conditions to avoid rust and other deterioration. It is often difficult to find parts that have not been produced in years. These parts can be quite expensive and may have to be obtained from private individuals as opposed to companies.

The Typical Price Range for Older Vehicles

The price will depend upon the make, the model and the year. When referring to the 1910s through to the 1930s, prices can range anywhere between $5,000 dollars (for a mass-produced model) to well above $40,000 dollars for a high-end model that is considered to be rare. The so-called “Golden Age” of classic cars can be even more expensive. For example, the average price of a 1964 Ford Mustang in top condition can be $20,000 dollars or more. When referring to a luxury vehicle such as a 1965 Ferrari, some versions have been known to fetch into the millions of dollars. Therefore, there is no “average” price. Performing a bit of research can nonetheless provide you with a circumspect notion of what you will expect to pay.

The Most Popular and Eye-Catching Models Available

Some of the most popular classic car models include:

  • The Ford Model T
  • The 1964 Ford Mustang
  • The 1967 Chevrolet Corvette
  • The Jaguar E-Type
  • The Lamborghini Miura
  • The Porsche 911
  • The Mercedes SL300 Gullwing

Of course, your likes may differ depending upon your unique tastes. We can nonetheless agree that classic cars are as visually stunning as they are immortal.