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How to Buy a Classic Car
Buying a Classic Car isn't like buying a typical vehicle.
- Determine what you'll be using the classic car for. If it'll be used as a daily driver there is no need to find a "show condition" vehicle. If you plan on entering classic car competions you'll have to find something all original as well as spend slightly more.
- If you know the model you are interested in, narrow it down to 2 or 3 years (ie. Corvette 1963-1965). This will help with your search. If you don't know, research what changes were made each year as well as what suits your needs/wants best.
- If you know the classic you are interested in, research what "problem areas" the vehicle may have as well as check if the problem has been resolved (ie. many European classics have electrical problems so check that the components are in working order).
- Check with local classic car clubs for any people which own, or have owned the type of classic you are interested in. They may be able to help you determine what to buy as well as what to avoid.
- Have a vehicle appraiser look at the car. They may be able to tell if its been in an accident, or if the engine, transmission as well as other vital components are not original. This will alter the value of the vehicle.
- Do a used vehicle history report on the car to make sure it has not been stolen as well as to check how many people owned the car previously. This can be completed online.
- Try to buy something with full service records. This will give you some piece of mind.
- If you buy someting rare, be prepared to pay more for parts. In many cases you'll have to get parts custom made which can be very expensive.
- Check that the VIN's (Vehicle Identification Number) match. They are located on the drivers door sill, the base of the windshield as well as in the engine compartment. If they do not match then the vehicle may have been in a severe accident.
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Added: Thu Feb 02 2006
