Sponsored: online car insurance

Buying a classic car can be a very rewarding experience, as a classic car provides owners with a unique driving experience that cannot be compared with modern cars. Unlike modern cars which depreciate in value as soon as you drive off the forecourt, a classic car can be a wise investment as most classics appreciate in value over time. Classic car’s also benefit from having lower running cost, especially in terms of insurance and road tax. Cars manufactured before 1973 are road tax exempt and cars that are 20 years and older qualify for classic car insurance, which is much cheaper than insuring a newer car. In fact, you can verify this by getting an online car insurance quote for a classic car and comparing it to a quote you get from a newer model with the same specifications.

The only real issue faced with owning and driving a classic car is the maintenance. A perfectly kept example will provide you with years of hassle-free driving and should continue to do so if regularly serviced, whereas a classic car that hasn’t been looked after can be an absolute nightmare, affording their owners less than 100 miles of road time for truly horrific service costs. This is why it is important that you thoroughly check cars before you buy and it is good practice to avoid cars that have a questionable and unverifiable service history. This will save you from any nasty surprises, which for these classic cars can be very expensive as parts often have to be custom made because they are no longer produced and any stock would be limited and hard to locate.

If you own or are contemplating purchase of a classic car that you intend to drive frequently it would be best to invest in a car breakdown cover policy as it gives you the assurance that your investment is not going to be left at the side of the road, whilst you attempt to have it repaired.

~ by velofinds on October 1, 2009.

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