Ebay has a large selection of Cars, Muscle Cars and Antique Trucks For Sale.
Investing in Classic Cars
A classic car is often thought of as a status symbol and a reflection of the driver’s personality. However, if you know what you’re looking for, you could be in for a sound investment as well as a saving on your taxes.
Classic cars come in a whole variety of flavors along with a vast range of price tags. All you need to do is decide how much you wish to spend, and what sort of car you want.
But what defines a classic car? Well, it’s a debatable question among many. The majority of car insurers offer classic car insurance to cars manufactured before 1990, of which will only cover 3000 miles per year. And zero rate road tax is available for cars older than twenty five years.
The classic car has been defined as being any car from the 1940’s that has a following or fan base, whilst the vintage car is any car built pre-1930. It is believed that cars of 15 years old are just beginning to gain the ‘classic status’ and of course the general rules of investment come into play here.
You need to consider the supply and demand factors when deciding to buy a classic car and generally speaking the interest lies in the cars desirability, which due to its demand allows the car to hold or retain its value.
In terms of price, you can expect to pay anything from $800 to $80,000 for a readily available classic and possibly more for the more scarce types. As with any investment of this sort, the condition of the car will play a role in its value and price.
If you are a complete and utter show off, the Corvette Stingray may be just the ticket. You will certainly be fighting off the crowds as you cruise your way through town. If that’s not for you then maybe you’d like to take it a bit easy with a beautiful maroon Jaguar Saloon. If you’re feeling adventurous a Messerschmitt bubble may be just down your street.
But will it hold its value? That’s the first question you need to ask yourself. And the answer is, as with all antiques and collectables, is it in good condition? Buy a good quality car and there’s a good chance it’ll hold its value.
If you’re looking to make money out of your investment then seeking classic cars on the American market may be a good move. Cars on the American market can sometimes be up to half price than they are in Europe.
If you give yourself a budget to buy a car on the American market, remember you will have to pay shipping charges and if the car is running, will cost around $800 along with roughly four weeks to organize. If you intend to do things this way you could end up with a rather nice asset and a rather nice motor too.
Don’t necessarily give up on Europe though, as the best value brands come from this side of the Atlantic; Lamborghini, Ferrari, Maserati and not to forget Porsche and Mercedes-Benz.
Classic Ford Mustangs for Sale on eBay Manufactured 1964, 1965, and 1966 -
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