dotty blah: Selling A Classic - Classic Car Information

Tuesday, July 31, 2012

Selling A Classic - Classic Car Information

Maintaining a classic car has never been an easy job. All the hard work that has been put its maintenance and not forgetting its age makes the car even more special. So when you decide that you want to put a price on it and sell it, then several major factors have got to be put on the picture.

Most classic cars are never sold as spare parts, but if they were to be sold in such a manner then chances are you could make a fortune from there sale. Most classic cars are normally sold under the assumption that someone is going to restore them and not tear them apart.

The first thing one should do is to ensure that the vehicle looks the part. This means that the vehicle must be polished and cleaned in a manner that is attractive to anyone who intends to buy it. The engine goes without saying must be in proper working condition. If you want to change the engine only do so but remember it will decrease the vehicles value as the new owner probably wants to feel the engine of the classic car. Wiring hanging out of the classic car will leave people with more questions than answers on the condition of the car thus any repairs must be done in moderation and skill. Any new re-carpeting or upholstery normally in such a car will normally tend to look out of place.

The next step would be to gather around all the relevant documents that pertain to the vehicle. This includes the receipts, registration papers, manuals and even historical contacts of the previous owners if that applies. Create another document that describes the vehicle as per your description including the strengths and its weaknesses. This makes you as a person to appear more genuine and honest in your dealings. Besides the more the information you provide in your documentation then the more likely that the prospective buyer will meet your asking price as he or she will feel less risk has been taken when purchasing the vehicle.

The next step is to advertise the vehicle. One could choose to do so in classic car magazines as the best bet to find people who actually understand the cars true value. Always remember that a car is never an investment as it is most likely to decrease in price as it ages. Try to value your vehicle at current market prices no matter how much you have been spending on its restoration. But keep in mind the lowest price your most likely to accept because most people would always be happy to purchase something at a bargain price. This should not mean you give it out at a throw away price especially if you were to sell at a public auction. Auctions have proven to be the best option since the people there are out to buy vehicles.

At the end of the day the classic cars overall condition should be enough to find a buyer.

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Article Tags: classic cars, classic car magazines, sell classic car, sell antique car, sell vintage car, sell car
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Author: Levi Quinn
Date July 31st, 2012 Filed in Automotive