Posts Tagged ‘classic car’

American Collector Car Insurance

Wednesday, October 21st, 2009

For an American collector car, insurance on your prize possession is a must. But just not any coverage will do.  There are many insurance companies that either have a special policy for collectible cars or they only cover collectible and classic cars and trucks.

Collector Car Insurance

Collector Car Insurance

As part of an insurance policy, the most important feature will be the agreed value of the classic vehicle. Not including any agreed upon deductible, the value of the collector car should be set high enough to cover the cost of replacing it even if a fire or other accident causes the loss or damage to be a total loss.

The usage and mileage must also be considered. When a person receives a license plate in the classic or collectible car from the state, there is a limitation to the mileage they are allowed to drive. Make sure the insurance plan for your collector car will permit you to drive the car as you wish to. This is the best part of owning a classic car, driving it.

When it comes time for repairs to the classic, make sure all replacement parts are covered under the insurance policy. Make sure the policy allows for not only the parts to be covered but if the overall value of the car increased, this should also be figured into the coverage with an increase in total coverage.

Lastly the cost of inflation should be automatically figured into any policy. Since most classic collectible vehicles will increase on an average of 8% a year, this should be set into your policy.

These suggestions should be followed as a start of setting up any American collector car insurance policy. Before signing any policy make sure you read all of the fine print.

The Collector Car Sale

Saturday, October 10th, 2009

The sign: “Collector Car Sale” is one that gets all of our hearts pumping a little faster. When we see this term in a classified ad in the newspaper or on a website there is always a mad scramble to be the first caller. How many times have you heard the stories about having just missed that 1963 split window coupe that sat in a barn and sold for a few thousand?

I have never really found a classic car that I did not like. Yes I know the Edsel was a bomb but compare it to a new Kia and I would prefer the Edsel.

That is a dramatic statement but I had to drive a Kia for a few days and I felt like I was in an aluminum foil car the sheet metal was so thin. Instead of a thud when the door closed it went twang. The can of beans I ate last night had thicker sides on it. The engine was fuel efficient to the point that it could not get out of its own way. I won’t admit I was scared but there were times when an 18-wheeler was next to me on the highway and I was a little uncomfortable.

viper

When you see a collector car sale advertised and it is a newer Viper or a Shelby Cobra you had better find some way to buy it and hold on to it for several years as these cars will become the classics of tomorrow. There are banks and finance companies that specialize in collector car financing and will give you a good rate. A couple of classic car financing companies that we know of and suggest you look at are hagerty.com and woodsidecredit.com.

When you find these advertisers you will do well to contact them directly as the reason they provide special rates for collector car financing is that they know you will take good care of your baby and that if you are in this field of collecting than you are no doubt a responsible person and a good risk for them.

collector car sale: shelby

collector car sale: shelby

Along with financing you will need to have special car collector insurance as this is very specialized also. The average automotive insurance will not be sufficient to cover your new ride but these specialty insurance companies have studied the risks and they come up with plans that will be perfect for your needs. Some companies that we can refer you to that have car collector insurance are; hagerty.com, heacockclassic.com, lelandwest.com and americancollectors.com.

Here in the states we are coming into the cold weather season and many of you will be putting your collector cars up for the winter and you will be making plans all winter long about what you will want to do to your car for the coming car shows and events next summer.

You had better keep watching out for the collector car sale ads all winter long because some of the best deals to be found are during the off-season periods that other collectors might not be looking for.

Please let our readers know when you purchase a new classic and we will publish pictures of it and your story if it meets our requirements.

If you have a classic car, muscle car or antique car for sale contact us using the contact form at the top of this page and we will advertise it here on American Classic Car Sale. Our advertising rate is ridiculously low and you do not have to pay anything at all until you sell the car. If we don’t sell it for you, there is no charge.

How to Find Old Cars for Sale

Sunday, February 22nd, 2009

Old cars for sale advertisements can be found almost anywhere. You might be wondering why these junk-like vehicles are still being sold, so here’s a trivia for you. These old cars being advertised are not the ones coated with rust and full of deep dents. What is being offered are old and antique cars that are still valuable, and definitely not the ones that you are thinking about.

Actually, if you will appraise the value of these cars, you can say that they are twice or trice expensive than the newest models offered today. If you are an enthusiast or a vehicle aficionado looking for another car for your collection, check out the old cars for sale.

There’s always a good find for you. Whether you are after a sporty, elegant ride or a masculine looking car, there’s always the right piece for you. All you have to do is start your search today.

Old cars can still be considered as investments. You can buy them in an affordable price especially when no work or modifications have been done. In this case, you have to spend additional bucks for its restoration and parts for improvement. At first, you may think that they are not worth keeping, but keep on going. Make and change them into your ultimate dream car to find the satisfaction that you are looking for.

If you are don’t want to undergo long and tiresome restoration processes, there are also some old yet good looking cars available in the market. All you have to do is to look for the ads like “old cars for sale”.

Restoration Vs Customization – Which is Best for your Classic Car?

Wednesday, June 4th, 2008

A common question among buyers of classic cars is what to do after they have acquired that vintage gem: restore it, or customize it? Both options have their own advantages and disadvantages. Here we will tackle the different aspects of restoration and customization to help you decide which route to take for your car.

Restoration: Authentic is Beautiful

Restoring a classic car means finding the original parts and options for a particular model. This means that if you own a Cuda with a broken Hemi engine, you need to find a stock Hemi in order to restore it. Paint is a different matter. While the authentic paint of a certain make may not be existent today, there are several car services that offer the color of that make, thus making it still look original.

The Advantages of Restoring a Classic

1. Restoring poses a bigger challenge, thus there’s much more love between you and your car. It might be a bit easy to find a stock engine, but looking for the small parts like the starter will be a bit of an adventure. Once you finish restoring, you’ll certainly find a greater attachment between you and your car.

2. Fully restored classic cars spike up in value. Because there’s much more effort and money put into restoring, you can easily raise the price of the car once you decide to sell it. A perfectly restored vintage car can be valued at over a hundred grand in pro auctions.

3. You get to have an authentic car. There’s nothing more advantageous than that.

The Disadvantages of Restoring a Classic

1. The parts are hard to find, and are therefore expensive. Unless you engage in a treasure hunt and search for parts cars in junkyards and auctions, stock parts may be a little expensive. The reason for this is simple: car companies don’t produce those parts anymore, so it would be considered rare by most people, much like a classic car.

2. Safety, efficiency, and comfort are sometimes compromised. A ’50s era car may have no proper airbags and seatbelts yet. The engine is probably not fuel efficient, and the suspension may be a bit shaky. And if you decide to go cheap and recycle a used engine from a parts car, expect it to break down at least once due to stress.

Customization: Convenience Along With Funkiness

Customizing a classic car means adding or changing some parts and details that are not originally included in that make. This might include a better engine, suspensions, and more comfortable seats. The paint might also be customized. Perhaps you have seen a Mustang with blazetrails on the side. That’s customization.

The Advantages of Customizing a Classic

1. Safety and convenience is the primary advantage of customization. Updating your car with more fuel-efficient engines and better seatbelts and airbags will make your ride much smoother and safer.

2. Parts are easier to find, and are sometimes much cheaper. Engines are much easier to find, but nonetheless still poses a challenge. You will have to find an alternative engine that fits into your classic car. Still, you can find smaller parts in an easier manner.

3. You get to have cool additions to your liking. Hydraulics, superchargers, and funky lights are among the many options you can add if you customize. Cool blazetrails too.

The Disadvantages of Customizing a Classic

1. The value of your classic car will go down. A heavily modified car will have its value become lower than those who are simply restored. If you are planning to sell your car in a few years time, the better option would be to restore.

2. If you plan to sell the car, you might have a difficult time finding a buyer. Most buyers of classic cars are looking for one that would be easily restored. A dusty and rusting vehicle is therefore much more preferred because some original parts included in the car may still be used.

The best gauge to determine whether you should customize or restore a classic car is to know what your dream car is like. What’s good about this is that you could easily combine customization and restoration. Restore everything that’s under the hood, and get cool blazes on the hood itself. Your preference is king.

Restored or customized? Classic Vehicle Auction gives you the choice. With hundreds of listings containing great classic car values, you’ll surely find what you’re looking for. Peter Grizzly is an age-old classic car enthusiast. He makes his living now by being a classic car trader.


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