Does My Vintage Car Still Have a Value?

05/22/2014 19:42:49
Does My Vintage Car Still Have a Value?
Every car owner sooner or later faces the problem: what to do with the used up vehicle? A car is getting old and we start thinking about getting a new one. Being involved in an auction process, you have a good chance to sell your classic car at...

Every car owner sooner or later faces the problem: what to do with the used up vehicle? A car is getting old and we start thinking about getting a new one. Then we realize we have no idea how to actually get rid of the vehicle. Could we sell it? Scrap it? Give it away?


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Surely you would prefer to get some money out of it. That leads us to auction houses and brokers, auto auctions, classifieds and newspaper ads. You can try online auctions for yourself that are typically cheaper, auctions are much more reliable and can get your car to someone who really wants it and is willing to pay a lot to get it.


used vehicle, old car, new car


Being involved in an auction process, you can realize that you have a good chance to sell your classic car at a profitable price. As a vintage car seller, you have many options to choose from when it comes to advertising your vehicle for sale. For that you have to follow a few general guidelines for making your selling experience more efficient and money rewarding:

  • Ensure your car is still in a good working condition – take it to a reliable mechanic for an expertise and patching up if needed. Make it looks good and runs well before offering it for sale.


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  • You may also modify your old car to look like a rare model with many additional tools like: fantastic paint job, killer stereo, high qualified wheels. Your customized adjustments will make you proud and many potential buyers will consider this purchase a real great deal.


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  • Try to be as objective as possible about the car's true worth. You may have $25,000 invested in your car, but KBB reports a true value of $11,000. No matter how hard you wish, it will be difficult to find a buyer for that car for $27,000.


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  • If you have a particularly valuable antique vehicle, it would be wise to find a good broker or auction house who specialize in antique automobiles. This will help you find best possible audience of people interested in antique cars. That will increase your chances of getting a higher price for your classic auto.


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The ways listed above will help you to get a reasonable price selling your classic car and ensure you sell it quickly and easily.

The reality is, selling a car can be a real trouble and that is the reason why so many people consign their cars to auction companies to do it for them. Auctions bring a lot of people who are ready to buy cars: dealers, collectors and vintage car enthusiasts. And if you’re lucky, a large crowd of bidders can drive prices higher than a normal sales deal would.


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