By
Sonali Sen
Owning a car is a necessity for many people, but for many other
possessing antique cars is a matter of pride and sort of a prestige
symbol. Owning an antique car is in most times as costly as owning a new
car as there are many people involved who are in the passion of
collecting antique cars. Many antique car enthusiasts collect antique
cars as a hobby or a memory. But there are several others who collect
antique cars as an investment option. For them antique cars are a way to
make profit - these people collect antique cars and sell it after some
time at a higher price than originally brought.
Let us look in
detail what an antique car is and about antique car history. According
to the Antique Automobile Club of America and several other
organizations worldwide, an antique car can be defined as any car which
is more than 25 years of age. Sometimes it is seen that some classic
cars are misrepresented as antique cars, but the real classic cars are
those certain specific high quality cars from the pre-World War II era.
However antique cars are not profitable to use for everyday
transportation, these antiques cars are much popular for leisure
driving. Antiques cars which had survived for more than 25 years are
considered great survivors. And that's why owning, collecting and
restoring such rare antique cars are considered as a well-liked hobby by
people all over the world.
Over the years, the antique car market
has seen tremendous changes. During the 1980's the value of antique
cars has gone a great boom which lasted for several years. But during
the early 1990's there was a great fall in price. Antique car collecting
can be a type of gambling. According to antique car experts it is
better to collect antique cars when you get one as the antique car
market fluctuates from time to time and the future monetary value of
antique car is completely unpredictable.
Most antique car buffs'
love to know antique car history before buying any antique car. For
them, buying an antique car is more important than buying a new car.
They take enough time searching every thing about the antique car before
they make a purchase. Antique car experts say that it is better to take
a look into antique car history before making a deal. By spending some
time in antique car history you can know whether any alterations and
flaws are there in the antique car you are going to purchase. These
alterations and flaws can make a big change in the value of the antique
car. Determining the antique cars status and how much price it worth if
you resell it in any later stage is also a good idea before purchasing
it.
As antique cars are those cars which have survived over a
period of twenty five years, the antique car history is worth
mentioning. If you are an antique car enthusiast check the current
position of the antique car you are going to add to your antique car
collection. If the antique car is a much fashionable one then the value
of antique cars will be highly expensive. If it is not a fashionable one
to collect, then the demand will be less and you can obtain it at a low
price. The condition of the antique car also influences the value. A
good condition antique car will surely cost much more than a poor
condition antique car.
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