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How to Sell Classic Cars

Contributor
By Claire Taylor
eHow Contributing Writer
(0 Ratings)
Sell Classic Cars
Sell Classic Cars

Selling a classic or collectible car is a lot more complicated than selling last year’s model. This is because you are usually selling to a segment of the population that is interested in a lot more than just buying a mode of transportation. Understanding your own car goes a long way in the transaction process, as you’re likely to be asked lots of questions regarding mechanical and customization details.

From Quick Guide: Guide to Classic cars
Difficulty: Moderate
Instructions
  1. Step 1

    Don’t use the Kelly Blue Book to determine the price of the car. While this is the accepted method for pricing new cars, it falls short of accurate when it comes to classics. Instead, head online and search for auctions or classified ads of people selling the same make and mark of cars to get an idea of how to price yours. When it comes to classic cars, the things that most affect the final price are: made-to-order jobs, especially in paint and interior details, the power and customization of the engine and the year and model, which is especially important as the car gets older.

  2. Step 2

    Be ready to take lots of photos if you plan on listing your car for sale online. People looking to buy a classic car are usually interested in details. For example, those looking for a muscle car such as the 1970 Plymouth Road Runner or the 1965 Ford Thunderbolt 427, will want specific information about the engine, along with custom paint jobs and an original interior. A description is usually better if accompanied with close-up photos.

  3. Step 3

    Write down a detailed list of features the car has. List anything you did to customize the car, such as adding original wheels or changing the seat covers. Make sure you list the added value that these items provide and note if these things have been made to restore the original look of the car or as added features.

  4. Step 4

    List the car for auction on sites such as eBay Motors. This is an especially good idea if you have a unique car or if you expect the vehicle to reach a high price. eBay has a special section dedicated to collector cars, where cars can be posted according to their age (from 1939 and earlier to 1970s cars), type (Hot Rods, antique, convertibles) and make and model. Prices in eBay often start out low, but you can always set up a minimum and not sell the car unless it reaches that number (see Resources below).

  5. Step 5

    Post a permanent classified ad on websites such as OldCars.com, the largest online retailer for classic cars. Most of these sites charge a one-time fee and then allow your ad to stay online until your car sells and you take it down yourself. Cars are usually listed by make, year and price, often cross-referenced automatically to make searches easier (see Resources below).

Tips & Warnings
  • You may not be able to recoup your investment unless the custom job you did on your classic car was designed to restore it to its original condition. If you spent money on modernizing the car or adding non-original details, this may actually play against you when trying to sell to collectors.

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