There are many things to take into account when shopping for a classic car, but you should always keep one eye on the facts. Are you sure the car you're about to buy is worth the figure the owner is quoting? You may find more honest sellers than dishonest ones in your travels, but you should get all the information you need no matter what the situation. Ask these five questions about any classic car you're considering.
Who is the original owner? Cars with a singe owner are the best for a buyer. The entire history of the car is usually accounted for in these cases, with paperwork detailing past and present condition. When the car has changed hands numerous times, you can't keep track of repairs, accidents or other essential data. It leaves a lot of question marks.
Original owner or not, is the service history documented? In the case of conscientious buyers and sellers, you might find that all documents changed hands and made it to you without incident. This situation is optimal. If you can trace the history of a car's servicing, you won't be left wondering if the mileage is accurate and other key indicators of a car's condition.
Was the car salvaged? Salvaged cars should not have negative connotations if you love the appearance and operation of a vehicle. However, the fact a classic car is salvaged means it decreases in value - almost by half - when compared to an original. Knowing the ballpark value of cars that interest you can help a lot when negotiating for salvaged cars. You'll be able to tell whether a fair price is being quoted. Look into insurance for the classic car before you buy too.
Can you review the car's accident history? Accident histories first and foremost give you an idea how the owner has cared for the car. Even if the work is undetectable, this information is important. Quality restorations will not diminish the value of a classic car by much.
Why is the seller moving this car? If you are shopping at a dealership, this question is unnecessary. However, private owners may have extra motivation if they are moving something inherited or no longer wanted. It could mean great things when negotiating, so be sure to ask.
Run through this checklist and get the answers from a seller when shopping for a classic car. With the right approach, you'll make a sound investment.
Who is the original owner? Cars with a singe owner are the best for a buyer. The entire history of the car is usually accounted for in these cases, with paperwork detailing past and present condition. When the car has changed hands numerous times, you can't keep track of repairs, accidents or other essential data. It leaves a lot of question marks.
Original owner or not, is the service history documented? In the case of conscientious buyers and sellers, you might find that all documents changed hands and made it to you without incident. This situation is optimal. If you can trace the history of a car's servicing, you won't be left wondering if the mileage is accurate and other key indicators of a car's condition.
Was the car salvaged? Salvaged cars should not have negative connotations if you love the appearance and operation of a vehicle. However, the fact a classic car is salvaged means it decreases in value - almost by half - when compared to an original. Knowing the ballpark value of cars that interest you can help a lot when negotiating for salvaged cars. You'll be able to tell whether a fair price is being quoted. Look into insurance for the classic car before you buy too.
Can you review the car's accident history? Accident histories first and foremost give you an idea how the owner has cared for the car. Even if the work is undetectable, this information is important. Quality restorations will not diminish the value of a classic car by much.
Why is the seller moving this car? If you are shopping at a dealership, this question is unnecessary. However, private owners may have extra motivation if they are moving something inherited or no longer wanted. It could mean great things when negotiating, so be sure to ask.
Run through this checklist and get the answers from a seller when shopping for a classic car. With the right approach, you'll make a sound investment.
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