How much is my
Classic Car worth?
The days of discovering a sitting goldmine in the form of an old classic car
collecting dust in a backwater garage may be long gone. However, the newer
collectable classics are here, on the roads, driveways and classic car forecourts. The
market is strong. These classics are ones manufactured from the 1950's to the
An integral factor influencing classic car values, and indeed the value of any
car, is their perceived value. That is, what buyers are prepared to pay.
makes and models are more sought after, and therefore by law of supply and
demand, can command higher sale prices.
A good place to gauge the true value of a classic car is by attending a Classic Car Auction
If you don't find exactly the car you want at your first visit to a classic auction,
then keep going back. The more experience you have around classic
auctions the better.
The classic car market a not static. Like fashion, over time trends
evolve. Classic car values are influenced generation by generation as people's
perception of what is desirable changes. In this way, older classic cars may
decline in value as the younger generation of classic buyers seek the cars closer to their hearts.
Classic Car Thefts
The theft of classic cars is most likely to be due to well-organized car criminals. Consider protecting your classic car investment by
placing it in a classic car storage
facilty, and if the worst happens then make sure that your classic car insurance
is going to be up to the job.
Classic car enthusiasts collect and refurbish old classic cars for love not
profit. Because of the changeable nature of classic car prices, running and
doing up classic cars may lend itself best as a hobby.