5 Tips On How To Buy A Classic Car!
Whenever I watch an old movie I often find myself wistfully gazing at the iconic vehicles and wondering when will I ever get the chance to drive one. Thanks to BookAclassic this is now not such a pipedream, however, there may come a moment in everyone’s life when it is time to throw caution to the wind and buy a classic car.
Of course, this is not something that you can simply do on a whim, to buy a classic car is to invite someone into your family, you must enjoy spending time with them and trust that they are of good character. Therefore, here are our top 5 things to consider before you buy a classic car.
The first thing you should ask yourself is why? People buy classics for a whole host of different reasons and understanding your motives is essential in ensuring that this will be an enjoyable experience. If you want it as a daily driver there is no reason to find a showcase motor in immaculate condition. Alternatively, if you’re looking at it from an investment perspective then you must consider whether you would like to renovate and the market for that particular model.
Choose A Model
This is definitely the fun part, as this is the time when you need to start developing an idea of what you would like. This is also where we can help! With over 20,000 vehicles on our site, we are confident that you can find what you are looking for. By renting from us you will be able to get a feel for what you would like. Also, you will meet with passionate enthusiasts who have had experience in this area. There is nothing better than hearing first-hand what to buy and what to avoid.
Use An Inspector
Regardless of whether you are buying from a dealer or a private seller consider the possibility of bringing in an expert to look at the car. You may be overawed if you have found your dream classic and miss something that a second set of eyes, looking at it objectively, will not. To find a good inspector, ask for recommendations at local car clubs and it would always be a good idea to take it to a mechanic who can make sure it runs correctly too.
Making The Offer
It is always important to be tactful when discussing the value of a car with the owner, very often this is a car that they are fond of and coming in brash could put them off the sale. Haggling can be great to get the best possible price but you need to ascertain whether it is appropriate for the situation. If so summarise any potential faults and use this as leverage. Remember to keep your poker face as showing too much enthusiasm will give the owner a sign that you would be willing to pay over the odds. Have a budget in your head and do not go over your maximum price whatever happens! Leading us on nicely to our final tip.
Plan your budget.
It is important to set a maximum limit to what you are willing to spend and then stick within these parameters. Decide your budget at the start of the process whilst you still have an objective assessment of your finances, it is easy to get carried away if you have found the car of your dreams. Here are some great motors which will give you an idea of the price range before you go out to buy a classic car.
£10,000 - £20,000 – Ford Mustang
£20,000 – £45-000 – Chevy Bel Air
£45,000 – £60,000 – Jaguar E type