- Best Overall: Autotrader.
- Best Basic Option: CarsDirect.
- Best for Classic Cars: Hemmings.
- Best for Mobile: Autolist.
- Best for Cheap Cars: CarGurus.
- Best for Comparing Options: AutoTempest.
- Best Auction Site: Cars & Bids.
Table of Contents
Which is the best classic car to invest in?
- BMW M3 E4
- Ford Mondeo ST220.
- Honda Civic Type R (EP3)
- Lotus Elise – Series 1 and
- Mazda MX-5 NC.
- Renaultsport Clio 197/200.
- Porsche 96
- Porsche 99
Are 20 year old cars classics?
The Antique Automobile Club of America notes classics must be older than 25 years (with cars over 45 years old known as antiques), whereas insurance providers have a wide range of classifications.
Where is the best place to find a classic car?
- Mecum.com.
- Copart.com.
- Hemmings.com.
- ClassicCars.com.
- Dyler.
- eBay Motors.
- Craigslist.Com.
- MyClassicGarage. MyClassicGarage.com is the newer site on the list that is the ultimate Tool for Car Collectors and fastly growing among US classic car sellers.
What is the most sought after old car?
- 1935 Duesenberg SSJ.
- 1955 Jaguar D-Type.
- 1963 Aston Martin DP21
- 1939 Alfa Romeo 8C 2900B Lungo Spider.
- 1961 Ferrari 250 GT SWB California Spider.
- 1994 McLaren F1 LM.
- 1959 Ferrari 250 GT LWB California Spider Competizione. Price: $146 million.
- 1964 Ferrari 250 LM. Price: $19 million.
What cars will go up in value Australia?
- Ford Mustang.
- Nissan GT-R.
- Nissan Patrol.
- Toyota Yaris.
- Nissan Z.
- Toyota Yaris 202
- Nissan Patrol 202
- Nissan Z 202
What will happen to classic cars in 2030?
It’s also expected that the value for used cars will plummet as 2030 approaches, with car manufacturers discounting new models heavily in preparation for the ban. Classic cars are a passion project for most people who share an interest in them, so the drop in cost is likely to be a benefit rather than a deterrent.
Why classic cars are overpriced?
If you mean very old, classic cars, then they’re expensive because they’re rare. Almost anything rare and desirable is expensive.
Can I still drive my classic car after 2030?
No, the petrol and diesel car ban is only on the sale of new combustion engine cars – those already on the road will still be legal to own and drive. As the average life of a car is 14 years, new petrol and diesel cars bought in late 2029 could remain on the roads until 2044 at least.
Are vehicles over 25 years old tax exempt?
Tax exemption for classic cars is now rolling. This means that from 1 April each year, vehicles manufactured more than 40 years before 1 January of that year are automatically exempt from paying Vehicle Excise Duty (VED), otherwise known as road tax.
How old is a classic car in Australia?
If your classic vehicle is 30 years of age or older, you may be eligible for classic vehicle registration.
Are classic cars cheaper to insure?
In general, auto insurance for older cars may be cheaper than insuring newer vehicles of the same make and model if the used car is cheaper to repair or replace. A car depreciates in value over time, which lowers the maximum amount an insurance company would have to pay in the event of an accident.
Will classic cars come down in price?
One important fact to remember is that the number of classic and collector cars will not increase because vintage cars are no longer being built. A sudden drop in prices due to a significant increase in supply is not likely to happen, so prices can be expected to remain stable.
Are classic cars making a comeback?
Many classic cars are making a comeback with new styles, better technology, and innovative safety features. However, they still represent the old-fashioned brands that consumers loved years ago.
What is the oldest I should buy a car?
We wouldn’t go too far beyond the mid- to late-1990s for any car, as parts can be harder to find once a car crests 20 years of age. For higher mileage vehicles with more than 150,000 miles on the odometer, we might recommend trying to find a newer model year than the late 1990s.
References:
- https://www.investopedia.com/best-used-car-sites-5094153
- https://www.theweek.co.uk/arts-life/motoring/955695/making-money-investing-in-classic-cars
- https://www.carwow.co.uk/blog/best-classic-cars-to-buy
- https://services.totalenergies.uk/when-does-car-become-classic
- https://www.autostartransport.com/sites-to-buy-classic-cars/
- https://www.workandmoney.com/s/most-expensive-classic-cars-f401f6591379451a
- https://www.carsguide.com.au/car-news/the-ford-falcons-and-holden-commodores-of-tomorrow-the-affordable-cars-you-should-invest-in
- https://www.sussexchamberofcommerce.co.uk/article/how-might-the-2030-petrol-ban-impact-the-classic-car-market
- https://www.quora.com/Why-do-old-cars-cost-so-much
- https://www.driving.co.uk/car-clinic/advice/2030-petrol-diesel-car-ban-12-things-need-know/
- https://www.admiral.com/magazine/guides/motor/tax-exempt-classic-cars
- https://www.nsw.gov.au/driving-boating-and-transport/vehicle-registration/how-to/classic-vehicles
- https://www.progressive.com/answers/are-older-cars-cheaper-to-insure/
- https://www.wcshipping.com/blog/classic-and-collector-car-values-is-inflation-a-concern
- https://www.motorbiscuit.com/5-classic-cars-making-comeback/
- https://www.autotrader.com/car-shopping/whats-oldest-used-car-you-should-consider-244984
