Do you have an old car lying in your garage that you are thinking about selling? STOP! Before you do, it is important to know whether or not your vehicle is vintage. Vintage classic cars may not mean much to you, but they do mean a lot to your bank account! If you have ever been to a vintage car show, you know that there are many parts of vintage vehicles that sell for hundreds (if not thousands) of dollars. If your vehicle is in good working condition, it could be worth more money than you could even imagine!
So what exactly are vintage classic cars? A vintage classic car is basically any vehicle that was manufactured between the years of 1920 and 1950. Known as the 'real classics', vintage cars are collected by car enthusiasts around the world. So, if you have a 'hunk of junk' sitting around in your garage - you will want to make sure that its actually junk before you decide to sell it or send it to the crushers.
How can you tell if your vehicle is vintage? The best way to distinguish vintage classic cars from other vehicle types is by looking at the year that it was manufactured. If you don't know the manufacturing date off the top of your head, find the Vehicle Information Number (VIN) and type it into an online search engine. The VIN of a vehicle should be able to bring up a variety of information regarding the make and model of your car. If you find that your vehicle was manufactured between 1920 and 1950, you may want to reconsider your idea to sell!
While all cars made between 1920 and 1950 are considered vintage, there are some vintage classic cars that are considered more valuable than others. Many times, the value of a vintage vehicle is determined by the number of units. If you can, use the internet to find exactly how many models of your vehicle were manufactured. Additionally, find out how many are still in existence today. The less models that were made, and the more rare the car is today, the more it will be worth in the sellers and collectors market.
Another thing that helps determine the value of vintage classic cars is the relevance of the vehicle. The more history that a vehicle has behind it, the more valuable it will be to collectors. Similarly, if a vehicle carries memories that are generation specific, it may be worth more money as well.
If you have an old 'piece of junk' in your garage that you are considering selling or tossing - STOP RIGHT NOW! Before you make any final decisions, double check to make sure that your vehicle is not vintage. Vintage classic cars are worth a great deal of money (especially to collectors), so if you decide to get rid of your old car, you could be throwing away a huge chunk of change. Check your vehicle's VIN today to see if your hunk of junk could be changed into a piece of gold!
Tim Peddycoart Insurance Specialists for Vintage Classic Cars
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