With various factors to consider and numerous options, buying a classic car can be an exciting yet
challenging prospect. If you’ve never owned a classic automobile before, here are seven tips to
help you throughout the process.
Classic cars are built differently, so being well-prepared before going to a dealership is essential. If
you already have a vehicle in mind, exhaust all resources and get as much information as possible.
Read consumer reviews, common quality issues, vehicle updates, current market value, and other
details that can help you during sale negotiations.
Define the car’s purpose
Whether you plan to use the classic car as an alternative vehicle, drive it only for special events, or
go on leisure drives, knowing how you intend to use it can help you choose the right vehicle that
suits your needs and preferences. Do you want more horsepower or a luxurious interior? If you
plan to use it as a family car, does the vehicle come with built in car seats? Identify the features you
want early on so you can efficiently narrow your search and prevent yourself from making costly
Set a practical budget
Classic cars usually come with a hefty price tag, especially if you plan to purchase a pristine model.
They also require more care than their regular counterparts, so setting a feasible budget is
imperative. Aside from the initial sales price, remember to consider the running costs such as
maintenance, fuel, tolls, parking, improvements, servicing, and other unexpected expenses.
Join a classic car club
Once you’ve narrowed your choices, the next step is to join a classic car club. Participating in these
clubs can help you connect with like-minded car enthusiasts who can provide you with first-hand
experiences and valuable insights. They can also recommend where to purchase spare parts or the
best places to have your car serviced.
Examine the vehicle thoroughly
No matter how trustworthy the seller or dealership is, you must thoroughly inspect the classic car
before purchasing it. Remember that these vehicles are decades old, so ensuring they’re in good
condition is essential. Have a professional mechanic or a loved one well-versed with classic cars
perform an intensive inspection. If the seller is unwilling to cooperate, take it as a red flag and
move on to your next option.
Do a test drive
Aside from checking the ins and outs of your potential classic car, make sure you take it out for a
test drive. Drive it in different conditions and speeds. Pay attention to the engine, brakes, and
tires, and listen for any odd sounds. If possible, drive it at night so you can check the quality of the
Know your insurance options
Car insurance policies of classic vehicles work differently, so choosing the right policy that suits
your classic car is vital. Explore your options and consult an experienced insurance agent to ensure
your investment purchase is well-protected.
For many car enthusiasts, purchasing a classic car is a dream come true. Remember to follow these
tips and take care of your new ride.