Buying a daily runner used car vs. buying a classic car
Recently Used Cars (Daily Runners)
It is good to check car registration online before buying recently used cars, since they have a lot of issues such as outstanding finance, might have been stolen, written-off etc.Cars that were made in the recent decade have efficient fuel systems with better safety, built right into the chassis, also with a better deceleration that doesn’t throw you out the window if you were speeding unlike classic cars, which are slow on turns and drag around the corners (since recently used cars have better mechanics like limited slip differentials).
These type of used cars are great for being daily runners, since they are built for that specific purpose with replaceable spare parts and once they have been used up, they are set for scrapping. Check Car details online to know more about your used car.
Classic Cars
Cars built in the 70’s and 80’s were of top-notch quality with a full steel body work and a strong chassis, unlike the ones made today, that are somewhat plastic so that the weight can be reduced. But in doing so, we lose the integrity and the strength of the car, which is why a trade in classic cars saw quite a surge.
Cars that old have an extreme value that would fetch more than a 3 year old car. It is quite a difficult task to distinguish between classic cars from simple old cars. Quality and performance of a classic car also matter, a high performing classic car would be much more valuable than a minivan from 30 years ago.
5 things to know before buying a classic car
1. Invest in a car professional
In the case of classic cars, it is good to go for a certified classic car specialist instead of a local garage mechanic, because expertise in the history of the classic car and knowing how to handle the delicate parts of the classic is important in creating a report that states its value, while preserving what is there.
It is a worthy investment that saves time and gives a good idea for your money. It is profitable to know what your classic car is actually worth. Check car registration online find the market value of your used car in no time. Check car registration online to know more about your used car.
2. Setup a budget
Having a limited budget helps you in tracking your expenses, since a classic car can require heavy investment even before you can think about selling it or storing it. Knowing how much you can spend can also help in finding the right classic car, which may become a good investment later in the future.
3. Do your research
In the case of a classic car, you might have to approach DVLA for old records, since most car checks online don’t have that type of old data. And looking up a car that is older than 15 years could mean that you won’t get valuation data as well. Get a car history check to know more about your used car.
4. Check mileage
Always check the mileage of the car no matter how old the car maybe, since you don’t want to invest in a car that might be a bogus, some classic cars are fiddled with and it is easier to change up the odometer which could be used to state the car’s wear and tear as lesser than what it seems to be
5. Sell out or keep for investment?
Decide whether you would like to sell the car or keep it for future investment, it is a matter of pride for most car collectors and some like to keep these cars as trophies while some make money out of it. Classic cars always have a good demand and you should know how to value your car with the help of a certified professional. Check car details free for any used car and make a smart purchase.
