How to Choose the Perfect Classic for Your Needs
If you have never purchased a classic, muscle car or restomod before or you just want to do your due diligence before shelling out money for that dream car. Here are somethings to consider before you purchase that perfect vehicle.
Do your research
The first thing you should do is RESEARCH !!!! Always do your research before buying any vehicle, a classic or otherwise. There are some classics that are always going to be better purchase than others , certain models are and always will be timeless beauties. Check the market for values , you can look online at auctions , read listings of the car you have narrowed it down to and check online valuation tools. Most cars normally depreciate over time, but certain classics actually appreciate based on the options , conditions and demand. Of course, it’s always going to be a better idea to buy a classic vehicle that will appreciate over time, however buying the perfect classic car isn’t just about the money, it’s about the love of the car, the style of the car and the driving experience.
Be careful choosing a classic that is rare
Car collectors love having cars that no one else has, something about not seeing another one on the road that has an allure to it. Even though that is a wonderful feeling, you should always be careful purchasing a one-of-a-kind car. If you are considering a concept car , a car someone notable owned or a one off custom. These cars have a sexiness to them but with that beauty comes a difficult or near impossible task of finding parts if the need ever arises. Sometimes these cars can be appealing from an investment standpoint, but a very specific vehicle will have an extremely limited number of purchasers in the future.
Make a list
When you decide to purchase a classic it’s always a good idea to create a list of your favorite classic makes , models, years and carefully consider their pros and cons. Some folks even create spreadsheets with costs, repair estimates, replacement parts needed, and value. If you find a classic that you just have to have, keep in mind of the costs associated with the restoration of the project before you can even put one mile of driving on the vehicle. I know most classic car enthusiast there is probably laundry list of classics you would love to have in your garage.