4 Mistakes To Avoid When Buying a Classic Vehicle

For many of us car enthusiasts, the goal is to buy the vintage car of our dreams. But, when buying a classic vehicle, there are many mistakes that buyers must avoid to ensure they find a quality car that will hold its value. Learn what pitfalls you must avoid when shopping for a classic car below!

Not Doing Your Homework

Buying a classic car requires a lot of thorough research and preparation. Since it’s an older car, there are many more variables that buyers must consider and research before agreeing to buy it. For one, buyers should research the model and its current market—what are similar classic cars with similar mileage going for on the open market? Is the seller asking for above, below, or right around market price? Also, look at the market for spare parts—if you must replace something, how easy will it be to find the part, and how expensive will it be?

Forgoing a Professional Inspection

No matter how well you know vintage vehicles and the model you’re considering, it’s crucial to have an experienced mechanic look over the vehicle before you strike a deal. Ideally, the mechanic would be a classic car specialist or familiar with the model. They’ll know where to look for warning signs of structural damage or wear and tear that the average person can’t see or notice during a test drive.

Forgetting To Check the VIN

Anyone buying a classic car understands the importance of original parts to the vehicle’s value. A classic car’s value can crater if it doesn’t have many original parts, dropping even more if it doesn’t have the original engine. Every buyer should double-check the vehicle identification number (VIN) on the engine to ensure it matches up with the car. If the information doesn’t align, it’s not original, meaning it’s less valuable on the market.

Buying With Your Heart, Not Your Head

It’s easy to let the personal and sentimental feelings toward a classic car sway your decision. For many of us, when we see a car that we used to dream about owning, the asking price and the condition hardly matter. But when purchasing a fragile asset such as a classic car, you must weigh the pros and cons and take your time to ensure you do not invest in a lemon.

Buy Classic Cars With Confidence at Ideal Classic Cars

Now that you know the mistakes to avoid when buying a classic vehicle, you can start seriously shopping! Ideal Classic Cars makes it easy to buy classic cars online, thanks to our expert staff, who are eager to help you find the ideal vintage vehicle for you. Browse our selection or stop by our showroom to take one for a test drive today.