How To Value A Classic Car?

21 Oct 2011     

Typically, articles and publications that give details about how to value a classic car focus on six aspects: the exterior, mechanics, paint and glass, interior, engine, and authenticity. There are specific steps to take in order to get the right value of a classic vehicle.

When inspecting the exterior, make note of any rust, gaps in the doors, or bulges in the sides. Any “sagging”, weather seal cracks, or dents will lower the value of a classic car. Canvas top convertibles will also be older and more authentic than vinyl top cars.

Cracks or chips in the glass are indicators of a lower value in a classic vehicle – but if you look closely, you may also notice factory markings that will validate the originality of the vehicle. Knobs and switches inside should all be present and working properly, as well.

Original wiring and engine parts should be present and painted in its original colors. Obviously, a car that starts and runs will be more valuable than a vehicle that does not. Also, the steering should be tight and the transmission should be working smoothly.

For further assistance, consult Old Car Buyers Guide, NADA’s Classic, Collectible and Special Interest Car Appraisal Guide and Directory can give more specific details on how to value a classic car.

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