How to Find a Good Deal on a Classic Car

Did ever dream of owning a classic car? Did you ever dream of cruising down the road in style, or just giving a piece of history new life? This is easier to achieve than you think! By following a few simple steps, anyone can find a good deal on a classic car.

Difficulty: Moderate

Instructions

1. Choose the type of classic car you want before you start looking for that good deal: year, make model, convertible, hardtop, muscle car, sedan; the list goes on and on. The possibilities are truly endless.

2. Decide in what condition of the classic car are going to accept. Are you looking for a project car that requires not only major body work but engine work as well (recommended for the mechanically inclined)? Or, are you looking for a vehicle that requires only minor repairs, on which you could slap a temporary plate and drive it on home?

3. Determine your budget. Give yourself a little cushion because, inevitably, some issue will arise, such as finding fuel for a vehicle requiring leaded fuel, or classic cars that require parts that have to be special ordered. Also factor into your budget the distance you're willing to travel to acquire your classic car.

4. Look for your classic car. You may do this in numerous ways: via internet directories such as Collector Car Trader, the phone book in the classic auto sales section, publications such as Auto Trader, which is available in print and online. Other sources are Craigslist and eBay. Ask the people at local auto parts stores for recommendations on where to find a classic car.

5. Make a list, starting with the closest cars first, then work your way outward.

6. When looking at a classic car, take your time. Ask lots of questions, such as: how long has the owner had the car, why is he/she getting rid of it, what sort of work has been done on the car. You could even ask to see a record of its maintenance (but do not be disappointed if the owner does not have one). If you are not mechanically inclined, you may consider taking someone who is with you to look at the classic car, or ask the owner permission to drive the car to the mechanic of your choice. This is very important; if you do not know what to look for, you could become the owner of a money pit instead of a good deal classic car.

7. Do not be impulsive and buy the first car that strikes your fancy, even if it is OK mechanically, or meets with your mechanic's approval. By taking your time looking, you will be able to get a well-informed idea of the classic cars that are available, and which cars to avoid. Take your time, and you will be better likely to become a proud owner of a classic car that you got in a good deal.

Tips & Warnings

• Be patient. If you rush, you may make an unfortunate decision.
• There are people who are not always very honest when it comes to selling their classic car. Do not allow yourself to be rushed into a sale, no matter how appealing the car may appear.
• Once you have purchased your classic car, or even when you've just begun your search, you might consider investing in a repair/tune-up guide that's specific to the make and model of your classic car. It will prove to be a much used resource for the life of your vehicle.
• The saying "buyer beware" applies especially when buying a classic car.
• Be aware of what problems with a car are terminal, and which are repairable within your budget.