Part 1 of 3 – Tips Before Purchasing a Classic Car
A classic car can be a great collector’s item or a real disaster. The vehicle should be in good condition if you want it to retain its value while you own it and make the most of your money. If you’re thinking of buying a classic car, there are a number of things you should look out for to ensure you get a good deal. Here are some important tips to consider.
Watch Out for Rust
Rust is the cancer of cars. If you see it, look for a different option. Once a panel rusts, that rust is there for good, and it will eventually spread. You can replace panels, but doing so does not leave the original car intact. Factory original cars are more valuable as a collector’s item, so look for a rust-free vehicle.
Cars with Matching Numbers
If matching numbers is important to you make sure it really is! Pay the cost for an inspection. Each car has something called a Vehicle Identification Number (VIN), which matches the car with its original factory components. When the numbers in the car and all the major components such as the engine and transmission match, that means the car has all of its original components and none have been replaced over the years. These vehicles can be much more valuable as collectors’ items, especially as the model gets older. As the years progress, finding a model with matching numbers gets harder, as many parts break over the years. However, if you can find one in good condition, it could be much more valuable than a vehicle with replaced components.
Next Week: Tips Before Purchasing a Classic Car – Part 2 of 3