Posts Tagged ‘purchasing a car’

Investing In Antique Car Restoration

A growing number of individuals have begun collecting antique automobiles. These vehicles are restored using all original parts, right down to matching the paint colors that were in use when the vehicle was first assembled. Some do this as a hobby. Many, however, use these restored autos as an investment.

It costs quite a bit to locate and gather all the original parts needed to create a completely authentic restoration. However, there is generally a large profit margin involved as many collectors would be willing to pay top dollar for a completely authentic restored antique auto. Depending on the type of vehicle and its relative rareness, some pay upwards of one hundred thousand dollars for such vehicles.

If one is restoring vehicles for profit, he/she must find a venue to show the finished projects off in order to sell them. Fortunately, this is not difficult. There are a number of antique automobile clubs that hold car shows throughout the year. All one has to do is get the vehicle to one and it will be viewed by hundreds of people, many of whom are collectors looking to add to their collection.

In addition to these club shows, many antique auto enthusiasts gather at certain holidays in different areas to show off their latest works and view those of friends and rivals. These gatherings are also good opportunities to sell one’s work if the restored vehicle is ready for sale.

There is no guarantee that one will sell a restored vehicle the first time out. For this reason, all restorations should be protected from the elements between shows. One method of accomplishing this is to keep the vehicle indoors and exposed to limited lighting. This is because sunlight can damage the vehicle in many different ways. It can fade paint and interior cloth. It can also cause damage to dashboards and other areas by heating and drying.

If one does not have a place to keep his vehicle inside, another option to consider is purchasing a car cover and placing it over the parked vehicle. These are available in a variety of sizes and shapes to fit almost any vehicle built. If there is not a stock item that will work adequately, many suppliers are happy to custom make one to fit an older model that is not in production any more. All that will be needed are the measurements of the vehicle, including any odd features such as fins on the rear panels.