How to Buy a Classic Model Car
Buying a classic car is a vastly different experience than purchasing a typical.
Determine what you’ll be using the classic car for. If it’ll be used as a daily driver there is no need to find a “show condition” vehicle. If you plan on entering classic car competitions you’ll have to find something all original and spend slightly more. If you know the model you are interested in, narrow it down to 2 or 3 years (e.g., Corvette 1963-1965). This will help with your search. If you don’t know, research what changes were made each year and what suits your needs/wants best.
Know the classic you are interested in, and research what “problem areas” the vehicle may have and check if the problem has been resolved (e.g., many European classics have electrical problems so check that the components are in working order).
Check with local classic car clubs for any people who own, or have owned the type of classic you are interested in. They may be able to help you determine what to buy and what to avoid.
Have a vehicle appraiser look at the car. They may be able to tell if its been in an accident, or if the engine, transmission and other vital components are not original. This will alter the value of the vehicle.
Do a used vehicle history report on the car to make sure it has not been stolen and to check how many people owned the car previously. This can be completed online. Don’t sell your wife and buy the classic car, because the car is very expensive!