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

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

Mike M. asked:


An interest in older and antique cars seems to be rekindling within me, so does anyone know what websites I should check out? Thanks in advance for all your help, it’s really appreciated.

Stella

Dave Poon asked:


Your antique cars may look very old and seem to be of no value. But there is a way to make money from them. All they may need are some restoration, and then you can easily sell them to people who like collecting antique autos.

The price of any antique item can be higher depending on how you were able to give a new look and life to the classic item. Let me give you some advice on how make your antique autos profitable by restoring and selling them.

Restoration

1.Look for enough space. The first step for restoring your old autos is looking for enough space to do the job. This will depend on how many antique autos you are going to repair. Furthermore, take into consideration the room needed when dismantling the parts of each auto and building up the auto again.

2.Use original parts as much as possible. It is also recommended that original parts should be used so that you can appreciate the value of your car. And then you can easily convince your prospect buyer that your asking price is justified.

3.Give your auto a new look through research. If you do not have enough knowledge on the specific auto you are restoring, you can read auto magazines or search the internet to educate yourself on how to enhance the look and performance of your auto. You can also be creative but make sure that your antique autos will have its original look when it first came out in the market.

4.Seek the help of a professional. This is recommended if you have exhausted all your knowledge, time, expertise and money when restoring antique autos. There may be situations that seeking a professional help would be better than doing the job yourself.

Selling

1.Maintain the autos. Once you are done with the restoration process, your autos are now ready to be sold. Since the process may take some time, ensure that your autos are clean and working properly at all times.

2.Set the autos market value. Have a detailed list of the autos price just incase a buyer is interested in looking into your list. This will allow you to easily market your autos. Take note of the asking price of each antique autos you are selling.

3.Know your autos. It is important that you know the product you are selling. Some buyers are not knowledgeable enough of the autos they are looking for. They may ask questions such as history of the auto, manufacturer, how to maintain the auto or its manual. It is better that you are prepared to answer any question that a buyer may have so you can easily convince them to buy the auto with your asking price.

4.Advertise when possible. There are a lot of free classified ads where you can advertise your antique cars. Additionally, you can also post a message about your antique autos on boards regarding automobiles (if you are allowed). Look for free or cheap venues to market your product.

Antique autos can be profitable if you properly invest your money, time, knowledge, creativity and patience. Moreover, it will serve as an achievement once you gave life to the old and rusted metals.



Kelly

khalid r mustaffa asked:


Qatar classic cars, a topic that never have I thought would be researching, or writing about. When I left Qatar seven years ago, there were no signs that there ever would be high demand in the market for classic cars, Qatar specifically and the region in general.

A couple of months ago I received an international call at three in the morning. Don’t be very deceived by the timing; the conversation could have waited a couple more hours, however due to miss calculations on the caller’s behalf. By all means, I do not regret waking up to take the call. The subject was of great importance and forced me not to go back to sleep, rather jump right to research. The first thing I heard when I picked up the phone is an old friend saying “how much have you dealt with classic cars?”, “there is a very high demand for classic cars in the region, and the supply is very low”. On the ending note of the call, I promised I will have a preliminary research completed within a week.

As always, I started by certifying the facts I was told in regards to supply and demand, and the overall economic situation of the country. I found many articles and press releases discussing the fact that car manufacturers are taking advantage of the increasing demand for personalized, classic and antique cars in the region. The underlying reasons for the change in demand of the past seven years was explained by Bufori (a modern brand of rare automobiles resembling 1930s coupes), the high demand is a reflection of the booming population, and economics of the region in general, and more specifically Dubai and Qatar. Hence, that Crude Oil was discovered in Qatar back in the 1940s; however the wealth of the nation gradually increased over the next sixty years, till Natural Gas was discovered. Its people now have one of the highest per capita incomes in the world.

The research journey has not stopped, rather the more research I make, the more I am interested to learn about the differences in tastes and markets. I will dedicate an article for the amazing finding in the market differences. To get up-to-date research results, visit the section I dedicated to Qatar classic cars





Ella

Alien asked:


‘Antique cars’ or historical cars have been a fascination too many for a lot of people for a long time now. What people normally miss out on is the fact such cars also need to be insured. However, normal policies do not apply to them and hence once has to go for special ones. It is not a difficult job to get insurance for an old car. There are a lot of agencies now who have realized the potential of the antique car market and are offering insurances in a wide spectrum. It is not difficult for one to find a deal which is cheap and cost effective.

Many agencies have started offering ‘Classic Car Policies’ i.e. if one has an antique car, one may as well benefit from the ‘Collector’s Auto Plan’. All is required for one to do is to gather information about the agency and the deals they offer. One needs to find a deal which helps in paying for the cost without putting extra burden on oneself. In other words, the car must get ensured without having to pay too much.

Earlier, there was only a limited no. of options available for antique car owners when it came to car insurance. But now it has changed since there is a large no. of players in the market who provide such services. Although, it becomes limited when one goes for renowned companies as they don’t specialize in this segment. But it may be worth it as their credibility speaks for them.

Also, there are agencies which work with the collectors only. But this proves to be somewhat of a hassle as one has to go for other insurance companies in case of his or her normal ‘modern’ cars which can be much of a problem.

It is not easy to estimate the cost of old cars. Also, it is very difficult to get them repaired. This is because of the fact that many of their parts are not manufactured any more or that the entire car has ceased to be in production.

Although there are a lot of agencies out there, one needs to be cautious in choosing the right one for him. It is very important to find the cheapest insurance group which also gives maximum risk benefit or cover. Otherwise the insurance policy will be of no use. These facts are very important and should be borne in the mind by every collector.



Sarah

Real Snuffy asked:


If you choice from any automobile ever made, from the very first one (antique cars) to latest , which one would you pick as your “dream car”?
Just FYI, I’d like to have (for one) one of the few existing Tuckers. Or a Phantom Corsair.

William

Levi Quinn asked:


The storage of your valuables directly affects the kind of condition they are in come the future. Antique cars are items that need to be stored with strict care and maintenance. It’s not enough to throw a car cover over top and leave it for years on end. That kind of activity will only help to age your car and cause it to deteriorate. Classic and vintage cars grow rarer all the time. If you have one in your care, it’s important to treat it like the piece of history that it really is.

Your classic car should be detailed regularly, even when sitting in storage. It does not take long for dust and dirt to build up and stick to the paint. Cleaning both inside and outside is strongly recommended. Use only products that are specified for cars and indicate that they are safe on all automotive surfaces. A wax job before the car goes into storage is always a good idea. Good wax can protect the paint by coating it with a wax layer that prevents dirt and other things from bonding to your paint. It is one of the best ways to care for your antique car at all times, when stored or when in use.

If the car will be in storage for an extended amount of time, it is suggested that you always drain the fluids out of the car. Contaminants can settle in the fluid and it will grow thick and sluggish over time. Drain it all out before storing your classic car, then refill with all fresh fluids if you decide to drive it again or use it in a car show.

Mice can be a problem for some cars that are left in storage. You need to do all that you can to prevent the annoying little critters from getting into your car. They chew on things and leave waste behind. There is no end to the damage that can be caused by mice. Use a storage facility that guarantees a mouse free storage space or take necessary precautions yourself. Sometimes something as simple as a strong scented Bounce dryer sheet will keep them away.

Crack the windows open before you store your antique car. It will prevent humidity from building up inside the car. Proper ventilation and airflow will make a noticeable difference next time you open the car door. It also prevents moisture from accumulating inside which can lead to mould growth. That is a very serious type of problem.

Proper storage is essential. Choose car covers that are made for storage. Covers should be made of material that allows for proper air circulation. If possible, storing the car up off the ground on the back of a trailer is also a good idea. Make sure that nobody has access to your car except for you and anyone that you designate. Antique cars are rare but they have a wealth of history behind them. Do what is necessary to preserve yours so that time does not become the enemy.



Phyllis

jamesland77 asked:


I heard through the grapevine that next year Holiday World will be removing the Lewis and Clark Trail Antique Cars and adding a Batman clone Inverted Roller Coaster from B & M. any thoughts?

Veronica

Masni Rizal Mansor asked:


For many auto enthusiasts, there is little difference between an antique car and a classic car but in reality, there is a huge discrepancy. In most states, 32 years is the benchmark for a car to be considered as an antique car. While a collector car, although usually fitting that age bracket, could be any vehicle that was unique in its time.

Back in the late 1930’s and early 1940’s, Germany’s Volkswagen was hoping to make an impression in the world automobile market. They couldn’t make any in-roads until World War II ended due to material availability and the fact that their factory was busy with military orders. One of their first attempts after the war used its small car design with Porsche engineering and they marketed the mid-engine 914. An excellent first antique car for a new collector.

Some collectors fear the often-daunting task of rebuilding an antique car, especially those from the early 1900’s. The Ford Model T was an excellent vehicle for its time and antique car collectors are willing to pay for one not requiring a lot of work, especially if it doesn’t need a lot of almost impossible to find parts.

Some Classic Cars are Antiques

A 1957 Chevy, while in age it is considered an antique car, is better known as a classic because that is a car that people remember with fondness from previous days. A 1964 or 1965 Ford Mustang, while not on the original muscle car list, is often coveted as a classic by those who owned one in the late 1960’s or 1970’s.

So beloved are some of the antique cars that car companies are beginning to bring back the name and the basic design, although with modifications. The Volkswagen Beetle, made in 1938, one of the longest-running models in automotive history, was brought back in 1998. Built on the frame of another VW model, the Golf, it is larger than the original bug but has a great similarity in its shape.

The Ford Mustang also made a comeback as few years ago, but not as the small unintimidating antique car from 40 years ago. It’s a spruced-up version with minor body modifications and a much more powerful power plant.

The Dodge Charger, long known as one of the better muscle cars and now sought after as an antique car, is making resurgence, still as a muscle car with a power engine and a slightly modified style.

Some people may view these cars as an antique car simply desired for a collection; others see them as classic cars; there for the memories.



Jeffrey