As a collector of classic cars, I have always been fascinated by the shape, design, quality and the solid fittings of the vehicles manufactured in the yester years. Much of such qualities have been lost as the present manufacturers armed with advance automation technology and mass production capability, compete against each other for sales and profitability. With Read the rest of this entry »
Tags: Vintage Cars
How about these right… I think you’ll find the following nuggets of wisdom particularly insightful. Leave your comments below. Check out the second one in particular…
Burglary suspects caught by police in vintage Rover
The uniformed officers were in a convoy of privately-owned classic cars travelling to a show at RAF Northolt. When they heard reports on their radios Read the rest of this entry »
Tags: Vintage Cars
Just as it is with commodities like jewelry, clothing and handbags, vintage automobiles that are in good condition are definitely expensive. Such is the case with muscle cars which first hit the market in the 1950s and some of which are still available for sale today. These cars continue to show their prowess by selling for a lot of money, so if you are interested in owning one, you better start saving now if you haven’t done so already!
Back in the day, muscle cars were referred to as the most powerful fast cars on the market. They were also made with very modest weights to allow them to have the capability of excessive acceleration although they were not considered the fastest. Most of them were American two door cars with rear wheel drive capability and V8 engines. That kind of description sounds like the language used by motor racing enthusiasts, which is why it is no wonder that many people who are interested in motor racing today also have a marked interest in muscle cars made from decades ago.
Manufacturers like Dodge, Buick, Chevy, Ford and Oldsmobile all put their spin on muscle cars over the years and many of the models are available today.
Whether they are owned by individuals or held on display in museums or automobile showrooms, you can guarantee that you will pay a lot of money for a vintage muscle car. Currently surviving models are now prized possessions for people and some of them even carry prices that easily rival prices of the high value European sports cars. In fact, if you attend an auction, some of the rarest vintage muscle cars from 1965 to 1972 can easily be sold for over $500,000. This would of course depend on the model, its condition as well as the demand on that car.
In particular, in 1969 Chevrolet Camaro with the ZL1 option on is perhaps considered to be valued in the range of high value real estate or priceless pieces of art in museums.
So, although vintage cars are available for sale, you are going to have to ensure you have a lot of money saved up if you want to acquire one of your own. And if your intention is to allow it to retain its value, you are going to need to spend a lot of money maintaining it so it remains in good condition.
William Jason is a muscle car enthusiast. You can visit his blog and read his latest article about the 1969 GTO.
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http://EzineArticles.com/?expert=William_Jason
Tags: classic car racing, Vintage Cars
The dictionary defines the word antiques as a piece of art, or wood art or a decorative object that is made over 10 decades a go. There are people who have this hobby of collecting antiques. Antique collection could prove one of the most expensive hobbies eve, even more that of maintaining exuberant golf courses for gold players.
The antiques are pieces of art from Read the rest of this entry »
Tags: Vintage Cars
How about these right… I think you’ll find the following nuggets of wisdom particularly insightful. Leave your comments below. Check out the second one in particular…
Vintage cars draw raves at Watkins Glen
WATKINS GLEN — It's all about the quality of vintage cars and not the quantity, … Read More…
Mosport's Past Celebrated with the 31st Annual International Vintage Racing … Read the rest of this entry »
Tags: classic car racing, Vintage Cars
I hope you’ve been enjoying my posts lately. I thought I might do something different today and rustle up a few bits of info from around the WWW. These are some of the news items and blog posts that have been popular over the last few weeks. Leave me your thoughts.
Hemmings Find of the Day – 1977 Chrysler Town and Country at …
It was my strong (perhaps OCD-influenced) Read the rest of this entry »
Tags: Vintage Cars
If you are a devotee of custom or classic cars, you may want to think about how to go about financing one. Not everybody who collects classic cars has the cash to pay for it in one fell swoop. Though significantly different from conventional auto financing, this specialty is still something to consider if that perfect car has caught your eye. Just try to get a handle on the process and then make your vintage car dreams come true.
As almost all of the regular sources of auto loans stay away from loans for classic vehicles, a car lender that handles specialty cars will be likely your only option. Unlike other lenders, specialty car lenders don’t use any of the traditional price guides to assess the value of the car in question. They will make their own evaluation as to the cars value.
A good practice to get into is to get a credit report prior to any vehicle shopping. The lender is sure run a credit check, so you should be aware of any problems so that you will have time to address any issues that may be fixable. Remember, all negative activity in your credit history can affect your score and ultimately your ability to secure financing. Foreclosures, bankruptcies and an excessive amount of late payments can significantly damage you scores and hurt your chances of procuring a loan. Furthermore, classic car lenders usually have more rigorous lending rules than do traditional auto lenders.
You will also find that custom car loan terms can differ from those of the common everyday auto lender. It is not unheard of to have a 10-year loan, for example, on a classic auto. New car lenders typically offer loans for a maximum of 6 years.
Classic car financing differs in the amount of down payment required as well. With a new car it is fairly easy to procure a loan that finances the full value of the vehicle – that is, no down payment. Classic car lenders, in most cases, require at least 20 percent of the value as an initial payment. Because of the more subjective manner of estimating the value of a vintage automobile, the larger down payment offers a heftier collateral, in a sense, in the event of loan default.
Classic car lenders almost invariably require some kind of physical inspection of the vehicle before approval of financing. Approval for financing of a new or used car, on the other hand, can be arranged without even viewing the car. Basic information about the car is all that is needed.
There are definitely some challenges that are unique to the buyer trying to arrange financing for a classic car. As is often is the case, title questions can arise with classic vehicles. Make sure that a title does exist before you expend time and energy trying to get a loan. Without a title you are out of luck.
Before you take the steps to financing a classic car, you need to decide if it really makes sense in the long run. Is it for fun or is it an investment or both? Many of the classic vehicles continue to increase in value. Do your research and then determine if borrowing for a classic car is for you.
Scot Josephson writes more about Classic Car Financing at http://www.LearnAboutFinancing.com
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http://EzineArticles.com/?expert=Scot_Josephson
Tags: classic car racing, Vintage Cars
I used to hate shopping and would often forget to even buy cards for birthdays because the thought of going to a store and spending hours picking something out was so unappealing.
Don’t get me wrong. I love the idea of gifts…when it is truly a gift. A true gift is when you come across something you know absolutely the other person would like and is unique Read the rest of this entry »
Tags: Vintage Cars
Santiago de Cuba, located between the Caribbean Sea and the Sierra Maestra mountain range, is the Eastern capital and home of the Cuban Son, which is the father of all Cuban rhythms of this century. It is the capital of the Santiago de Cuba Province in the eastern region of the island and the country’s second largest metropolis. This city, rich in culture, tradition, Read the rest of this entry »
Tags: Vintage Cars
Back with more news for you today. It’s amazing how much good information there is on this stuff out there if you know where to look. Three in particular that I found really valuable were…
First spring for Klingberg's 18th car fest
Johnson works throughout the year to contact rare and vintage car owners to invite them to bring their vehicles to be a part of the Read the rest of this entry »
Tags: Vintage Cars