To some it is a passion, to others, it is an investment- but antique classic cars have always enjoyed an undivided popularity for many reasons. Recognizing and buying an antique car requires immense knowledge and foresight about the car industry. They are not always an investment you will profit from and you must be prepared for that. Consider why you want an antique car, the source from where you are getting the car and the viability of your investment to find the best car.
This post has certain helpful pointers which will help you find your dream classic car to add to your collection.
- Do your homework
Thanks to the internet, there’s abundant information about anything and everything including the car industry. From information about authentic auctions to prices of classic models; you can find it all. If you have a specific model in mind, you can search the internet specifically to find out about sellers owning that car. Do remember that while choosing the car, do not compromise on any aspect or settle for a less-than-perfect model just because you love the model. A car that is rusting, has a major mechanical dysfunction, or mileage issues will lead to recurring expenses and is not worth the investment.
- The source matters
You can buy a classic car from an auction, from a private party or from a dealer. Each option has certain advantages and disadvantages associated with it. Buying from a dealer or auction means you will be able to get the car from anywhere in the world and have it shipped to your location. It also ensures that you are getting a quality product as the car will be inspected and checked by the sellers. On the downside, at the auction, you will not have time to inspect the car too closely. If opt for a dealer, they often do not have sufficient knowledge of the car except for general information, hence, they are unable to give you an in-depth idea about what you can expect from your investment.
- Choose wisely
Choosing the right antique car is an art. There are many factors that will influence your choice like availability of parts, resale value, and having enough resources for maintenance of the car. Having foresight about the classic car market will help you choose cars which will gain an antique status in the next few years and also get maximum use out of it as its. Avoid choosing cars which may break down due to age only because they are unique. You will not get enough resale value if the car is not in working condition.
- Test drive the car
A test drive before finalizing the deal is mandatory. If you are importing the car, make sure that you have a clause to return it under negotiable circumstances. A test drive will help you find out any defect in its suspension, engine and/or driveline. Also, model-specific problems can be easily recognized when you get a chance to test drive it.
Whatever you do, take your time and research enough before finalizing the deal. Opt for shipping related insurances when you are importing the car to cover unexpected transit damage. If you are determined to buy an antique car and are looking for a way to import it safely to your destination, Viamar Scilla Transport International Inc has numerous services that will meet your expectations. Contact us to find out more!