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CLASSIC CAR RESOURCES AND LINKS
How
to Acquire a Classic Car
The
collector car hobby today is vast, and growing. As the hobby
grows, the number of cars available increases slightly, as
more cars are discovered and restored. The supply of good
cars however can not keep up with the increased demand, and
finding and buying the right car is often the most difficult
aspect of the hobby. There are many different ways in which
you can acquire a classic car, each offering pluses and minuses.
The quest for a vintage car can be local, national, or international
in scope. Finding the car is, and should be, a lot of fun.
Neighbor
or Private Party:
Pro: Has intimate knowledge of the vehicle for sale,
has probably owned the car for some time
Con:
May be too attached to the car to see the big picture,
may be unaware of the value of the car
in today's market, and have unrealistic expectations
of the car's true value.
Pro:
Big selection of cars available. Ability to view a large
amount of cars in a short amount of time, fun atmosphere.
Possibility of winning, getting a good price.
Con:
Possibility of buying a car with many more needs than
anticipated due to short time to view and inability to
properly inspect. Getting caught up in auction fever
Pro:
A great source of leads
Con:
Limited information. Buyer must do due diligence
Local
Pro:
The ability to see the car in person
Con:
Limited selection, very hard to find rare cars
Long
Distance
Pro:
Greater choices, opportunity to get a better car
Con:
May require travel, car will need to be shipped
See
also:
Helpful
Information
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