Buying Your First Classic Car: What to Look for When Buying a Classic Car

Couple sitting at sales desk at dealership

Buying a classic car might be one of the most exciting and rewarding automotive purchases you’ll ever make — it can also seem more daunting than buying a new daily driver or family mobile. But don’t worry! Our team at The Garage at Bettenhausen has experience buying and selling classic cars. We are here to help you understand the process of how to buy a classic car and what to look for when buying a classic car!

 

 

Why Do You Want to Buy a Classic Car?

The first question you should ask yourself is why you want to buy a classic car.

  • Is it nostalgia? Something a family member owned? A dream car from your youth?
  • Do you want an original/restored car or is there a certain modified style that you appreciate such as a hot rod, muscle car, or lowrider?
  • Do you want a daily driver for Orland Park streets, a weekend cruiser around Oak Forest, a track car, a car show beauty, or a garage queen?
  • Are you hoping to acquire a classic car as an investment?

All of these questions are important, so you know what type of classic car to look for. But no matter what your motivation is, the process of how to buy a classic car is the same. Keep reading as we show you what to look for when buying a classic car.

How to Buy a Classic Car

  • Know your budget: Cars in good condition cost more, but a less expensive example may require more repair, maintenance, or restoration costs.
  • Research: Know what the car is worth based on market value, mileage, and condition. Auto auctions and price guides are good resources.
  • Insurance: Classic car insurance is different from conventional insurance because these cars can often appreciate. Ensure your coverage can replace your investment.
  • Finance: Are you paying cash or do you want to finance your classic car?

What To Look For When Buying A Classic Car

  • Verify that the vehicle has a clear title and ensure that the VIN (vehicle identification number) on the vehicle matches that on the paperwork.
  • See the vehicle in daylight. Check the condition of its exterior for rust and dents — especially the rocker panels and floorboards. Look for cracks or rips in the upholstery, or any missing interior or exterior trims.
  • If it’s a running example, be sure to take it on a test drive to see if the drivetrain, suspension, steering, and braking systems are in working order.
  • Be honest with yourself about the amount of work you are willing to do or to pay for to keep it up or restore it.

Arrange to Test Drive Classic Cars at The Garage at Bettenhausen

If you’re ready to begin your search for that coveted classic car, contact us at The Garage at Bettenhausen in Tinley Park or check our classic car inventory online. We can also help with financing and even classic car maintenance and repairs in our on-site service center!

 

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