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Avoid a Classic Money Pit
Buying a classic car is not like buying a regular car. Paying attention to details will determine if you are investing in a classic renovation or falling into a money pit. We’ve put together a handy list of do’s and don’ts to help you focus as you assess your classic dream car during a test drive. Share it with other car enthusiasts to save them from buying a classic headache instead of a car.
Do Your Research Ahead of Time
You have probably been scouring the classifieds and internet looking for your dream car. Don’t let this be the only research you do. Once you have decided on the kind of car you want, find out as much as you can about it. Start collecting information that will help you with your renovation. Know original design elements and key parts to pay attention to when you go for your test drive.
Get the Scoop from Other Owners
Even before you find the perfect car, start talking to owners. They can help steer you toward potential cars for sale and give you advice on what to look out for. Online forums are also a good resource for getting specific details on the type car you want.
Buddy System is Best
When you go for your test drive, stay focused. It is easy to get distracted by the excitement of the purchase. Take someone with you to help inspect the car. Both of you should use evaluation sheets to check off items after review. Compare your notes.
Drive Your Dream - Everywhere
Consider how you plan to use your car once you purchase it. If you intend to drive the car to shows, you won’t always be driving on neighborhood streets. Take it for a spin on different road types, if possible. You’ll want to know how it handles. If you want a daily driver and your potential dream car requires expensive custom tires, this type of car may not be the one for you.
Stay Cool Under Pressure
You don’t have to buy a car the first time you check it out. Feel the rush and stay cool. Get comfortable with the decision. Ask questions. If you have concerns about the restoration, return with a mechanic to advise you.
Find Out About Classic Car Insurance
Ask questions about the owner’s current insurance coverage, although it’s still important to do your own research beforehand. Call a qualified insurance agent that specializes in classic car policies and determine how insurance costs fit into your overall car budget.
Plan a Safe Ride Home
Decide in advance how you plan to transport a classic car home. Many cars will not be in drivable condition, so they will need to be towed. Scout local tow services where the car is located so you will be ready. If you don’t already have a garage or if you are not ready to begin the car’s restoration, consider what your storage options will be once the car arrives at its new home.
Buy with Confidence
Approach test driving your classic dream car with confidence by following the tips on our list. Armed with research and questions, you can determine if the purchase is a sound one. Let the only regret be that you can’t spend more time with your new classic car.
Collector and Classic Car Insurance for Less
Whether a first-time classic car buyer or a longtime collector, you are going to have questions about the best coverage for your vehicle. Let Classic Auto Insurance create a customized policy to match your individual needs. Our friendly, knowledgeable staff can answer all your questions and find the right policy for your vehicle. Visit our website at www.classicins.com and see how we can help safeguard your dream car.