Lovers of beautiful rims and shiny bodies see vintage cars as gems to preserve. The antique car market is growing because investing in a vintage car has significant advantages, potentials, and a high car value

How to find the rare pearl? Should you invest in a “young timer car” or a “pre-war” one? What affects the prices? In which car to invest in 2021?

Fasten your seat belts, we will tell you everything!

What Is a Classic Car?

The classic automobile is a car that is over 30 years old. It was the International Federation of Vintage Vehicles, Fiva, which decided in 2008 to go from 25 to 30 years.

Collectors appreciate the classic car for its history and its aesthetics, more than for its technical capacities. Still, many amateurs take pleasure in getting behind the wheel of their treasure.

Which Classic Used Car to Buy?

The choice is quite large when it comes to used cars. But, the field is smaller when it comes to the classic car which is over 30 years old.

Investing in the classic car market will, unsurprisingly, need good knowledge in this area, especially concerning the different categories:

Pre-war cars: Vintage vehicles produced before 1950.

Rare cars: Not necessarily old on the condition that their production has been very limited.

Youngtimer cars: Vehicles whose production has stopped for at least 15 years, but which have not yet reached 30 years of service.

The Retromobile show produced a ranking of the most sought-after vintage cars in 2018.

This will give you an idea of which cars to invest in to make money. As you will see, you don't have to be rich to invest, some vintage cars have affordable prices:

Porsche 911 ($48,000 - $71,000)

Chevrolet Corvette ($42,000 - $54,000)

Ford Mustang ($27,000 - $35,000)

Citroën DS ($18,000 - 23,000)

Peugeot 205 ($14,000 - $20,000)

Volkswagen Golf ($12,000 - $18,000)

Volkswagen Beetle ($7,000 - $10,000)

Mini ($5,000 - $9,000)

Of course, some vintage cars are worth a fortune.

This is the case with the 1955 Mercedes SL Papillon with a price over $4.5 million, or the Ferrari 250 GT California Spider with a price of $16 million. Or the Bugatti Royale, built in only 6 copies and estimated at $19 million.

What Determine the Value of the Car?

What determines the price is often the rarity. However, finding certain repair parts is difficult.

Good to know: If rarity is at the stake, be aware that the first vehicles to come out of the range have higher prices than the last ones.

To find the best quality/price ratio and to make a deal on resale, it is worth turning to vehicles from the 1970s, which already have increasing car value.

By buying an old pre-war model, you will spend a lot more. With cars from the 1970s and 1980s, you can make a reasonable investment of $11,000.

How to Profit from Selling a Classic Used Car?

If you are thinking of buying and selling vintage cars either you are a big fan or you plan to make some cash on the resale.

In the second case, to realize a significant capital gain, you must first buy at the best price.

The specialist garage may not be the best option, the seller will be aware of the value of this car and may sell it to you at full price. On a website, a seller may want to sell his car fast, even if it means lowering the price slightly. At an auction, you're going to be able to get a good deal if the competition isn't too fierce.

The second essential point concerns the condition of the vehicle. If you invest in a cheap used car but you're able to restore it, then the added value will be large. Do-it-yourselfers can revive such vehicles that are not equipped with technology as is the case today.

The third point is to wait. The older the car, the more its price will increase. Also, taxation will be less after a few years. Because, don't forget, the capital gain on a vintage car is taxable.

Finally, if you found a vintage car equipped with all its original parts, jackpot!

All in all, it's important to remember that investing in an older vehicle takes time, money, and space.

It is more than recommended to think twice before entering this business if you are only looking to make a profit.

Lovers of beautiful rims and shiny bodies see vintage cars as gems to preserve. The antique car market is growing because investing in a vintage car has significant advantages, potentials, and a high car value.

How to find the rare pearl? Should you invest in a “young timer car” or a “pre-war” one? What affects the prices? In which car to invest in 2021?

Fasten your seat belts, we will tell you everything!

What Is a Classic Car?

The classic automobile is a car that is over 30 years old. It was the International Federation of Vintage Vehicles, Fiva, which decided in 2008 to go from 25 to 30 years.

Collectors appreciate the classic car for its history and its aesthetics, more than for its technical capacities. Still, many amateurs take pleasure in getting behind the wheel of their treasure.

Which Classic Used Car to Buy?

The choice is quite large when it comes to used cars. But, the field is smaller when it comes to the classic car which is over 30 years old.

Investing in the classic car market will, unsurprisingly, need good knowledge in this area, especially concerning the different categories:

Pre-war cars: Vintage vehicles produced before 1950.

Rare cars: Not necessarily old on the condition that their production has been very limited.

Youngtimer cars: Vehicles whose production has stopped for at least 15 years, but which have not yet reached 30 years of service.

The Retromobile show produced a ranking of the most sought-after vintage cars in 2018.

This will give you an idea of which cars to invest in to make money. As you will see, you don't have to be rich to invest, some vintage cars have affordable prices:

Porsche 911 ($48,000 - $71,000)

Chevrolet Corvette ($42,000 - $54,000)

Ford Mustang ($27,000 - $35,000)

Citroën DS ($18,000 - 23,000)

Peugeot 205 ($14,000 - $20,000)

Volkswagen Golf ($12,000 - $18,000)

Volkswagen Beetle ($7,000 - $10,000)

Mini ($5,000 - $9,000)

Of course, some vintage cars are worth a fortune.

This is the case with the 1955 Mercedes SL Papillon with a price over $4.5 million, or the Ferrari 250 GT California Spider with a price of $16 million. Or the Bugatti Royale, built in only 6 copies and estimated at $19 million.

What Determine the Value of the Car?

What determines the price is often the rarity. However, finding certain repair parts is difficult.

Good to know: If rarity is at the stake, be aware that the first vehicles to come out of the range have higher prices than the last ones.

To find the best quality/price ratio and to make a deal on resale, it is worth turning to vehicles from the 1970s, which already have increasing car value.

By buying an old pre-war model, you will spend a lot more. With cars from the 1970s and 1980s, you can make a reasonable investment of $11,000.

How to Profit from Selling a Classic Used Car?

If you are thinking of buying and selling vintage cars, either you are a big fan or you plan to make some cash on the resale.

In the second case, to realize a significant capital gain, you must first buy at the best price.

The specialist garage may not be the best option, the seller will be aware of the value of this car and may sell it to you at full price. On a website, a seller may want to sell his car fast, even if it means lowering the price slightly. At an auction, you're going to be able to get a good deal if the competition isn't too fierce.

The second essential point concerns the condition of the vehicle. If you invest in a cheap used car but you're able to restore it, then the added value will be large. Do-it-yourselfers can revive such vehicles that are not equipped with technology as is the case today.

The third point is to wait. The older the car, the more its price will increase. Also, taxation will be less after a few years. Because, don't forget, the capital gain on a vintage car is taxable.

Finally, if you found a vintage car equipped with all its original parts, jackpot!

All in all, it's important to remember that investing in an older vehicle takes time, money, and space.

It is more than recommended to think twice before entering this business if you are only looking to make a profit.