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When it comes to collectible items, antique cars are one of the most sought-after passions. Before you commit to one of these beautiful automobiles, though, you owe it to yourself to know the basics of ownership. As you begin to browse the markets, keep the following points in mind.

3 Intriguing Facts About Antique Cars

1. Some States Will Limit Your Driving

In the past few decades, a number of laws and guidelines have been passed to limit auto emissions and reduce air pollution. However, since not every antique car can be modified, some states have simply limited the amount of time they can be on the road. Therefore, if you’re planning on crossing state lines on your next road trip, you’ll want to brush up on these restrictions.

2. Classic Cars Require Proper Storage

antique carOwning a collector car is about a lot more than the time you spend behind the wheel—you’ll also need to consider the vehicle’s downtime. When not being driven, many classic cars require specific storage requirements.

For example, too much humidity may cause the undercarriage to rust, leading to internal corrosion. For the best results, you’ll need to keep your vehicle wrapped in a custom cover and parked in an enclosed, dehumidified space.

3. Classic Cars Can Be a Rewarding Investment

It’s no secret that buying antique cars is a pastime of the fortunate. In fact, in 2013, a 1954 Mercedes-Benz W196R Formula 1 race car sold for a record-breaking $30 million. If you choose the right make and model, you can look forward to robust appreciation, meaning it will gain value over time.

Some of the models with the best investment potential are the 1990 to 1998 Lamborghini Diablos,  the 1967 Volkswagen Beetle, and the 1983 DeLorean DMC-12. Another example of a sound investment is the 1976 Porsche 912 E. In excellent condition, it sold for $28,200 in 2013 and is now worth $36,500 and climbing.

 

If you’re interested in learning more about antique cars, mark your calendar for the Charlotte AutoFair. This event is proud to host a four-day event that draws over 150,000 guests. Whether you’re interested in buying, selling, or just admiring these classic automobiles, you’re sure to enjoy yourself as a car enthusiast. For more information on this biannual event, visit the website or call (704) 841-1990 today.

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