Most, if not all people would love to own a classic car. The Classic Car Club of America states that for a car to be considered a classic, it must be between 20 to 40 years old. Anything over 45 years is considered an antique. If you have been in the market for some time, but were not sure how to properly value one, please keep reading and just maybe you will find the following information useful.
If and when you first starting looking for an automobile of this kind you really have two options that are available to you. First, you can purchase a fully restored car. Second, you can get one that needs to have some work done to it to get it looking as nice as you would like it to.
Of course, unless you are good with your hands, or know of a shop that can fully repair a car of this kind, it will be much easier and less worrisome to buy one that looks like it just rolled off the showroom floor. In order to accomplish this while getting a good deal on the car, all you will need to do is a little research.
The first thing you should do is to find out what the car you are considering purchasing is presently selling for. You need to know the make, model, year, rather it has all original parts or not, and be able to accurately approximate its present condition. Next, you should check out the internet for the websites that specialize in providing the estimated value of the car you are considering obtaining. If the numbers work for you, then this is defiantly the easiest and safest way to drive away with the car of your dreams.
The next avenue you can attempt to pursue when you are looking for a classic car; is to buy one that needs a great deal of work done to it in order to have it look like it is showroom new. This really is not as difficult as it seems, even for somebody that knows nothing about cars.
Before you start this process though, it is recommended that you find a shop that specializes in rebuilding classic cars. Once that is done, you can start looking around for your new ride. The sales price to purchase one of these types of cars, is usually nothing compared to the work and cost required to get it fully restored.
After you find a few that you are interested in, please be sure to take detailed pictures and videos of the car so that the shop you will be using can review them thoroughly. If you do your job, and get great shots of the car, they should be able to provide you a very accurate estimate.
You are almost done now; simply add up the purchase price and the restoration estimate to get your total cost. Next, use the same types of websites we mentioned above to find out what a car like this is presently selling for. Once again, if your figures come out in your favor, you will soon be driving a new stunning classic car.
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A successful car restoration project is based on several factors. What is the purpose of the restoration: is it to personally enjoy driving that 68 Mustang you drove as a teenager? Or is it to enter car shows and win prestige and possibly prizes? The purpose of your vehicle restoration is very important to identify before you start your big project.
A restoration project can be a fun hobby that you do in your own garage. If it’s for personal use, you likely won’t be too concerned if every replaced part exactly matches the model and year of your car. However, professionally restored car enthusiasts would cringe at the thought of replacing even a bolt or a belt with something other than the original or an exact replica of the original.
There are three steps to take when planning any car restoration. They are first, take time to evaluate the car and take notes while it is being inspected. Second, take your car to a professional car restorer if you expect a professional result. Third, visit the restoration shop to ask questions and check on the progress of your car.
First of all, what shape is the car in; is it worth restoring? The car should be inspected from top to bottom by someone who knows what they are looking for. Signs of rust, deterioration, missing parts and problems with structural integrity are all relevant when determining the extent and cost of the restoration process. The evaluation should also include a check for body filler, which can be done using a weak flexible magnet. A thorough inspection under the car using a bright light, preferably with the car lifted up for a closer look, is also a top priority.
Second, match your expectations with your budget. If this is to be a do it yourself project that you are considering a hobby, then the budget will likely be lower, but don’t expect professional results. If the goal of the whole restoration process is to result in a show car to be taken to car shows, then a professional restoration is in order.
Third, check on the progress of your car restoration. Is it progressing as planned? If location is a problem, ask for regular detailed photos to be emailed to you with an explanation of what is being accomplished. If this project is a hobby you are attempting yourself, check to make sure you are keeping within your decided budget and schedule.
Whether you do it yourself or with the help of a professional, restoring your car to the original look and feel can be a very enjoyable and satisfying experience. The most fun, of course, is driving down Main Street showing it off to everyone.
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The demand for luxury cars may have slowed down in the past couple of years due to the economic downturn, but it gradually picked up when the economy started to bounce back. This goes to show that ultra expensive vehicles are still relevant despite diminishing purchasing power or declining wealth. This also means that people pay a premium for prestige, and one way to do this is to buy cars that only the filthy rich can afford. However, just like in the ordinary car category, these expensive cars have their own segments as determined by the car manufacturers themselves.
The categorization is further fuelled by public opinion and critics’ no holds barred reviews. In short, the segmentation has evolved based on the perception of the movers and shakers. Automobile manufacturers have created these cars with the wealthy big spenders in mind, and for good reason. There is a niche market so exclusive that it is highly profitable for carmakers.
Unlike in the ordinary car segments, luxury cars are categorized mainly for its price. The higher the price, the more appealing it is to the buyer. Since the cars are not mass produced, they are considered scarce and ownership of the car says so much of the person’s stature. Although the price is the main factor, other variables are still being considered, such as engine type, build, design, and other discretionary features not found in ordinary cars. From the exterior alone, the cars already wear the badge of prestige, but the real kicker is the interior with all the built-in features that would make even the Batmobile look drab.
While a car in the $20,000-$30,000 price range may be considered a tad expensive for the common man, it can hardly be categorized as a luxury car. It just barely makes it in the category. A little over that price point is considered an entry-level prestige vehicle. These entry-level wonders elicit enough admiration and attract too much attention, but they are considered lightweights in the luxury car segments. In other words, they are not prestigious enough. After all, some people from the upper middle class can still afford cars in that price range.
It’s when the car price reaches the $60,000 to $100,000 price range that the disparity becomes evident. This also quickly separates the rich from the ultra rich. In this price range, high-end vehicles such as Audi, Mercedes Benz, Cadillac, and Jaguar, dominate the scene. And then, of course, there are the ultra luxury cars, which command a sickeningly high price above and beyond the $100,000 mark. Only multimillionaires and billionaires would dare own cars with emblems of Rolls-Royce, Maserati, Aston Martin, Porsche, Lamborghini, and Ferrari, to name a few. They may be in the shape of a limousine, a hatchback, a sports car, or a convertible, but regardless of the form, they sure exude prestige and opulence. Having one or two of these cars parked in the garage already shows that the owner is no ordinary person. He or she can be a Hollywood actor, a sports figure, a tycoon, an heiress, or simply a person with deep pockets.
There isn’t a word in the car enthusiast’s vocabulary that evokes more emotion than the word “rust”. It’s the automotive equivalent to “cancer”. Rust is bad news, no question. It’s also a very misunderstood problem, one that can be easily dealt with or at least controlled to preserve an otherwise good ‘ol rig.
Preservation and Maintenance:
The most serious type of rust is deep panel rot. The metal actually disintegrates causing holes and other damage. This requires new sheet metal to be grafted into the panel, or complete panel replacement. Why does this happen in certain areas and not others? Prolonged exposure to moisture. The bottom of a fender, particularly behind the wheel well is a common area. Over the years of being driven, dirt and debris accumulates in the bottom of the fender and stays wet, accelerating the rust process. Other common areas are quarterpanels, windshield channels and lower doors. We’ve all seen rust out.
All cars, whether restored or just beat up old drivers, can benefit from taking a trip to the Car Wash and pressure washing these areas. Put the rig on jackstands, crawl under there and blast that old dirt and debris outta there!! This is the single best thing you can do to preserve whats left of a future project, or keep a finished car preserved.
Dealing With Surface Rust:
Surface rust is actually minor and can easily be dealt with. It’s just rust colored metal that doesn’t have deep pitting or holes into the pores of the metal. This usually isn’t an emergency. The rust/oxidation can be sanded off and a non-porous primer can be applied. Rust Bullet, POR15, or old school epoxy primer can be used to encapsulate what molecules of rust remain in the pores of the metal that can’t be sanded out. A cheap easy to use material is plain old Rustoleum. Properly done, this should treat the rust for good.
Pitted Metal:
This gets a little more involved. The rust has penetrated the pores of the metal, but not to the point of rust through. There are materials available that treat this very well. These contain phosphoric acid, which dissolves rust. You can brush it on and it will visibly turn the corrosion black. When the wetness of the material goes away, encapsulate with non-porous primer and that works pretty well. The non-porous primer seals the air/moisture away from the corrosion. The corrosion can’t react without moist air to feed it, so it suffocates the rust, and the rust residue lays dormant under the primer.
Handy tip: Use a power drill with a good sharp bit to nibble away any rusty residue. You’ll see clean fresh looking metal appear as you grind it out. Cheap and effective!!
Panel Repair vs. Replacement:
As a rule, the OEM sheetmetal parts are much better stampings than any aftermarket parts. This is why i prefer to patch as much existing panel as possible rather than replace. The good news is that there’s a huge availability of patch and replacement panels, and there’s no shame in cutting up a complete panel for just a couple of patches to use. Think twice before you completely hack off your ’69 Chevelle quarterpanel if it only needs 25% reworked, cuz the new one might not fit up. This often applies with trunk floors. If the center section only is rusted, why buy a complete trunk floor and find out that it won’t even fit through the trunk opening for installation cuz it’s too big?
Ferrari luxury sports cars have always had a special affinity with the association of not only the racing world and upper echelons of the Formula One Grand Prix, but also a popular choice for the rich and famous.
A Ferrari parked outside an expensive boutique or a café in Monaco wouldn’t ever “look out of place”, would it? This is probably due to the fact that Ferrari sports cars have always had a reassuringly rather large price tag to go with their image of wealth for its owner.
With this in mind, the cars that belong to celebrities, Hollywood actors and famous people have always attracted even more attention than their less famously owned counter parts. So when some of these famously owned cars end up at a classic car auction or are announced that they will be sold, a media frenzy starts and so does a bidding war for the top price.
In a recent classic car auction at the Silverstone, a rare 2003 “Ferrari 575 Maranello” with only 10,000 miles on the odometer was eventually sold for £66,000 and was purchased by an unknown private buyer. What was unique about this car was its special provenance from its famous previous owners.
The fact this Ferrari was not just rare, but its previous owners included; the legendary guitar hero “Eric Clapton” and the BBC Radialo and TV presenter Chris Evans, who are both huge Ferrari fans in their own right.
Chris Evans has been in and out of the motoring world press for the last few years, with his growing collection of Ferrari’s, which now includes seven in the line-up. But his latest acquisition is the one that’s got everyone talking. It’s a very rare 1960 Ferrari 250 California Spyder, that cost over £5 million at auction. What makes this classic car even more special is that its only number 13 of only 56 cars ever produced of this model, but it was formally owned by the late (great) film actor James Coburn, who was a massive Ferrari fan.
James Coburn got his love of cars from his father and was reputed to have turned the automotive-fanatic actor Steve McQueen onto Ferrari sports cars back in the early sixties.
Other celebrities and star’s who share a love for Ferrari sports cars are most notably Jay Kay from the band Jamiroquai who has had a number of Ferrari’s including; a Ferrari F40, a 360 Spider, Ferrari Enzo, Ferrari 456GT. Veteran rock singer Rod Stewart also owns a Ferrari F40, a 360 Spider and now new Murcielago.
Star of film and TV, Joanna Lumley has a classic Ferrari 328 GTS Targa, where as lead guitarist of the Who rock band also has a passion for Ferrari’s, as Pete Townshend currently owns a Ferrari 550 Maranello.
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