Tips for purchasing a classic or antique car | Blog | Vargas & Vargas Insurance

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Spring is here, and if you are like some people, you may be thinking about looking into purchasing a classic or antique automobile. When it comes to cars, they just don’t make ‘em like they used to. Sure, modern cars have rear-view cameras, Bluetooth, and a million other snazzy features. But for some old souls, there’s nothing quite like a leisurely drive in a classic car. I’ve done some homework, and hope that you may find these tips for buying a classic car useful!

Do a Thorough Check for Rust – Many classic car experts have one firm rule – don’t buy rusty cars. A few small spots are easily fixed, but any signs of ‘the brown stuff’ under the car, inside fenders, and under doors should be a red flag.

Perform a VIN Number Check – It’s getting harder and harder to find a number matching car. If you can find one, it may be worth more. On the other hand, pointing out that a car’s numbers don’t match could be a good point of negotiation if you’re still willing to buy.

Weigh the Mileage Numbers – Classic cars are all used, but they are not all created equal. Some buyers will only consider low-mileage classics, while others are okay with higher mileage vehicles (as long as the price tag reflects the increased use).

Be Patient – If you’re in the market for a classic vehicle, don’t jump at the first car you like. Wait for a car that you can’t live without. After all, this should be considered an investment – there are plenty of great fish in the sea if you’re willing to cast your line and wait a while.

Get an Insurance Quote – We can help you with a quote on your new  Classic Car, or your current Classic car. Just give us a call 617-298-0655 to get a quote on Massachusetts insurance for the classic car of truck you’re considering.

 

Watch the video here.

I would LOVE to know your thoughts if you own a classic or antique car (or have additional tips) leave a message below.

Carlos

About the Author

Carlos Vargas

Carlos Vargas

Carlos Vargas is the Founder and President of Vargas & Vargas Insurance Agency. He began his career in 1980 as a captive agent for a large national insurance company, but chose to become an independent insurance broker so he could offer clients better coverage options and more competitive products.


With 46 years of experience, Carlos believes strongly in the value of relationships and helping clients understand their insurance so they can make better decisions. In addition to leading the agency's vision and strategy, Carlos is deeply committed to community engagement and educating the public about insurance.


Outside of work, Carlos enjoys spending time with his wife, their sons and their families, and friends.

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