How to Buy a Classic Car on a Budget

Whether you love Ford Galaxie or the Ford Mustang from 1964 is more to your taste, it is clear that classic cars are something that every car lover needs to have in their collection. Buying a classic car can be daunting for the first time, especially financially. Here are our top tips on how to buy the perfect classic car for you:

  • ·         Know the marque you want: Car brands are unique and they come in different shapes, sizes and colours. Mercedes-Benz classic cars are different to Ford classic motors. Payday loans online can help you afford an expensive marque but don’t overlook classic car marques that are affordable such as Mini Cooper and Leyland. The right marque for you will ensure that you start on the right foot for your classic car journey. Sports cars from marques like Mini tend to be good choices because they can be bought on a budget.
  • ·         Assign the right budget range: It’s no good to have a strict budget to classic cars, instead what you should do is have a range of cash that you would spend on the cars themselves. The budget range is recommended to be what you can afford taking into account the cost of actually running the car. Be sure to also have emergency cash available for the car in case you run into problems.
  • ·         Find an affordable mechanic: One of the most important things to do is find a mechanic that you can afford. A good mechanic is like liquid gold – you need to keep them at all costs. Contact your local mechanic and see if they work by retainer which means that you pay them a set amount each month. This is particularly important if you have your eye on exotics such as Lamborghini and Ferraris.
  • ·         Pick simple colours: Believe it or not, classic cars that come in bright, saturated colours are more expensive than ones in simpler shades. If you want to cut the cost of buying a classic car, think of neutral colours like grey, white and black.

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  2. […] presents How to Buy a Classic Car on a Budget posted at Daily Fuel Economy Tip. Top tips if you are looking to buy a classic […]

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