Massa Liz asked:


Factors That Affect the Car Value

There are several factors that may affect the car value. One of these is the auction price. In an auction, the price is usually set at the lowest possible bid and then people are asked to bid. The highest bidder gets the item up for auction. An antique car price guide may state the lowest possible price for a certain car. Of course the price of the car in the antique car price guide could differ vastly from a specific car due to other factors. The antique car price guide is just a guide not a direct price list for specific cars.

Another factor that can affect the value of an antique automobile is its asking price. Asking prices are based on the amount of money and effort spent on the restoration of the car. This does not necessarily mean that this is the selling price. The antique car price guide can guide you on the range of a specific car’s prices. The range allows for shoddy restoration and professional restoration, which can be the minimum and maximum prices.

Celebrity ownership may also alter the actual price of the car from the antique car price guide. If a certain car was previously owned by a well known celebrity or a well known royalty, tendency is, its price is higher than other cars of the same make and model. Celebrity owned cars tend to belong to the higher price bracket indicated in the antique car price guide. Of course, if the car is in bad shape, no matter which celebrity owned it the price will belong to the lower price range indicate in the antique car price guide.

The originality of the car can also boost prices up. The antique car price guide may set a maximum price for a specific car model and make but this usually is base on restored cars. Antique cars that have little restoration done to them or have most of its original parts intact an functional tend to have higher prices than other restored cars of the same make and model.



Darrell

Ask Swami asked:


I remember limos and cars would line up and you would see tons of people going in, but when you look in the window of the antique shop, you didn’t see them. There was a large wooden amoire in the back and thru the doors was a little victorian like parlor or reception area covered in rich reds and a piano bar and this huge glass teraniam I think you call it with birds and other things alive behind the glass. Does anyone remember this place and know the name of it? It’s been many years since I saw it.

Leslie

Levi Quinn asked:


Being the proud owner of a classic car comes with many perks and happy moments. However, before you can get to the fun you need to take care of the necessities such as the safety of your prized possession. Classic car insurance is a category all its own. It’s not at all the same as regular vehicle insurance so you need to know the difference. Protecting your classic vehicle should be the first thing you do upon claiming ownership of it. You risk losing a lot by neglecting to do so.

You may want to try starting out with your own insurance provider. Ask them if they offer specialty insurance for classic automobiles. If they do then you may even score a deal since you already do business with them. If anything it will eliminate the need to search for a classic car insurance broker. If your insurance company does not offer specialty coverage, ask if they can direct you to a reliable source that does.

Having a very old car does not always make it a classic. There are certain stipulations for what makes a car an antique or classic. Every insurance company is different so ask around and see if your car qualifies. Usually a car that is a well known such as muscle cars or certain models of sports cars will qualify. Also incredibly rare cars will usually be considered antiques. Determine if your car is indeed considered a classic by insurance companies before doing any negotiating.

There are many rules affiliated with having specialty insurance on your vehicle. Quite often you will not be able to use it as a vehicle that you drive daily. Rules often indicate the car must remain parked in a safe place like a garage. You can only drive it to car shows or special automotive events. Go over every detail before you commit to an insurance plan. Proper storage is always going to be an issue. A covered location where the car is away from the elements is a must. If you do not have one then there are rental facilities where you can pay to store it safely.

Many insurance companies will allow you the option of working out a statement of agreed value. This means that there is a prior agreed upon amount that the car is worth in the event that it does become damaged or involved in an event. This can be tricky because you want that value to reflect the true and actual amount.

Always be sure to get your insurance through a company that regularly deals with antique car insurance. A company that does not may not have the proper knowledge for this type of situation. You will have a greater peace of mind if you deal with someone that knows and insures classics all the time. It’s in your best interest to follow all of the agreed upon rules regarding the insurance for your car. Insurance for your antique car is a special investment that you need to be able to trust.



Marc

Bryce Stone asked:


The general definition of antique cars in the United States refers to cars that are over twenty five years old and those driven before the world war two but in the United Kingdom they refer to cars that are almost one hundred years old and also known as veteran cars. Antique cars are also known as classic cars and date way back to when the motorized system included the manufacture of auto mobiles. According to the American Classic Car Club, antique cars refer to distinctive automobiles. The club rates the classic cars to full classic and CCCA classic. The antique and classic term meant that the cars were very expensive and very few people were able to afford them, this made their production be in small numbers. 

Some of the factors that accord cars the antique status include the general and distinctive luxurious accessory  and custom coachwork features such as the power clutch, the power brakes and an automatic  or “one shot”  lubrication system and the engine displacement. The twenty five year or more time frames of the antique cars is quite astonishing since the modern cars can have a half of that life span. This rare and long survival makes the antique cars not be used for regular transportation as it is very expensive to maintain. However, due to the prestige that comes with this type of cars, most people many antique cars are kept  restore, collect and own antique cars as a hobby or as an art collection or for commercial purposes.  

Initially antique cars were propelled with steam and they were horseless carriages which could move at a speed of 12mph when going up hill and on level roads. The steam engine saw a major but gradual development over the years and by 1860 the antique cars had an internal combustion engine. The four stroke engine became characteristic with the next set of antique cars but was quickly overtaken by Benz which had a tabular chassis which was framed and had three wheels. The styles used on antique cars may vary but most of them have removable headlights, trunks fenders and headlights. In addition they have a grill treatment which is vertical in nature. Some examples of antique cars include Kaiser-Frazer, pierce arrow, 1910 Ford Toure and Duisenberg.  

Antique cars do not normally have safety related features such as roll over protection, seat belts and crumple zones. In addition most of these cars still use the ancient and outdated standards of vehicle handling. This is mainly in the performance of the brakes, suspension and steering of the car and this therefore demands that one is highly alert and aware when driving to avoid any accidents. In some countries the use of antique cars for daily transportation is either prohibited or discouraged. Most antique cars qualify for the motor shows due to their originality and traditional designs. Some owners refuse to fit in seatbelts or redesign their antique cars so as not to make them lose their originality.



Jay

Robert asked:


car is like a dream come true. It is always better to know the pros and cons of a particular car to get the best deals, especially when you would be spending so much. A beautiful car, with the latest techniques and the right color – will make your life. Assortments of cars are available in the market, but the individual choice differs. It’s advisable to analyze properly different cars and your budget before you invest your hard earned money. After all, sitting in a right car will make you feel like a king or a queen, particularly if you have chosen an antique car. A little bit of market research from the dealers and other buyers will help you to make an apt choice. Don’t forget to ask about crucial factors like the gas mileage, warranty and insurance. The buyers can save a great deal if all these factors are thoroughly analyzed.

Antique car is the choice of the royal people. As it is mainly bought by the elite classes, the price of this car is quite high as compared to other traditional cars. Very often it is seen that people with high spending powers have the hobby of collecting antique cars- after all money does speak! The process of buying antique cars is quite complicated. If you are among those fortunate ones who are keen to own one of these astounding cars, then always try to follow few tips to make your purchase an easy affair.

Internet is the best medium to search for the information about cars. A good range of websites and blogs are available which provides reliable and complete information on purchasing and features of the antique cars. It is feasible to buy a car from the nearby dealers so that incase of any issues, the servicing could be easily done.

Lori