Value of Antique Vehicles
Antique vehicles are rated on a scale from one to six, with six being the worst possible condition and one being the best possible condition. In this rating process, the vehicle's interior, exterior and mechanical parts are considered. The value placed on a vehicle is most often a combination of the rating system and personal interest in the vehicle.
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Six Rating: Parts Car
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Vehicles that fall in the six rating category are often considered for-parts vehicles. The vehicle is either wrecked or greatly deteriorated and is most likely not in working condition, but it can provide original parts for restoration projects.
Five Rating: Restorable
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A five rating means a vehicle has potential for restoration but it will require a large amount of work. Most five-rating vehicles need complete restoration of the exterior, interior and most likely all mechanical aspects. Although the vehicle may have rust, it is minimal and can be cleaned.
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Four Rating: Good
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To receive a four rating, a vehicle needs only a little work. This is true for the interior, the exterior and the mechanics. The vehicle is most often drivable, although some components may need tweaking. Most four-rating vehicles were previously restored poorly or it has been some time since they were restored.
Three Rating: Very Good
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An antique vehicle rated at a three is functional and needs very little work. This can be a vehicle that has been partially restored but is completely operable. Most three-rating vehicles look perfect from a distance; it takes a closer look to reveal wear on the exterior and interior.
Two Rating: Fine
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A two rating is given to an antique vehicle that has been restored completely. This means the vehicle runs extremely well and has a perfect exterior and interior. The original parts have been maintained well and are in working condition. Because of its close-to-perfect restoration, the vehicle is typically only driven about 800 to 1,000 miles per year.
One Rating: Excellent
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An excellent rating is given to a perfectly restored vehicle that appears to be brand-new. These vehicles are not driven at all. Most vehicles rated at a one are kept in a museum for show and are considered by their owners as pieces of art. If the car is taken to a show it is transported in an enclosed container and kept in climate-controlled storage.
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References
- Photo Credit Antique Car image by TekinT from Fotolia.com