FAQs
We found that some of the best places to sell your classic car online are AutoTrader, Hemmings and ClassicCars.com. All three companies offer different advertisem*nt packages, some of which include featuring your ad more prominently in search results.
Are old cars worth anything? ›
Classic car appreciation depends on multiple factors, including the purchase price, the condition of the vehicle, the model's rarity, your restoration and maintenance costs, and how much you can sell it for. It's also important to consider the pros and cons of owning a classic car to see if it's worth it to you.
What age car is collectible? ›
The starting classic car age range can generally be anywhere from a minimum of 10 to 25 years old, but there's no agreed-upon minimum age that categorizes a car as a classic. Insurance companies, car collecting clubs, and state BMVs and DMVs all have their own methods for defining a classic car.
How to negotiate the price of a classic car? ›
If you're wondering the best price to start your negotiations at, go in 20-25% below the asking price. A good classic car dealer will usually conduct an inspection before they sell it on. What's more, a dealer who has confidence in the car's condition will not object to any form of in-depth inspection.
What is the most sought after classic vehicle? ›
10 Most Sought-After Vintage Car Models In 2024
- Chevrolet/GMC C/K trucks. ...
- Ford Bronco. ...
- Mercedes-Benz SL. ...
- Ford Mustang. ...
- Toyota Land Cruiser. ...
- Chevrolet Camaro/Pontiac Firebird. ...
- Dodge Charger. ...
- Chevrolet Corvette.
Who pays the most for older used cars? ›
Local junkyards and private buyers typically pay the highest amounts for junk vehicles. Private buyers often pay more because they're buying for parts or personal repair projects, while scrapyards can pay higher prices because they save on dismantling and compacting services.
What classic cars are losing value? ›
The 5 Cars That Lost the Most Value at the End of 2023
- 1962–63 Ford Thunderbird Sport Roadster: -23% Ford. ...
- 1996–2003 Mercedes-Benz E320 Station Wagon: -23% Mercedes-Benz. ...
- 1981–85 Mercedes-Benz 300TD: -19% Mercedes-Benz. ...
- 2005–08 Porsche 911 Carrera S Coupe: -19% Porsche. ...
- 2010–15 Mercedes-Benz SLS AMG: -17% Mercedes-Benz.
What is the most sought after collector car? ›
What are the most popular collector cars?
- Chevrolet Corvette: Introduced in 1953, the Corvette has undergone several design revisions, with the eighth-generation Corvette C8 rolling off the assembly line in 2020.
- Ford Mustang: The original "pony car," the Mustang has been produced non-stop since 1964.
How old is a car before it's considered an antique? ›
Classic vs Antique vs Vintage Cars
A vintage car is one that was manufactured between 1919 and 1930. An antique car is any car manufactured in 1975 or earlier (older than 45 years old). The classic car is a vehicle manufactured in the 1990s or earlier (at least 20 years old).
Is a 20 year old car a classic or an antique? ›
For insurance and registration purposes, the age of a classic car, in most cases, is at least 20 years old but not more than 40 years old. If you are going to register it (and insure it) as a classic, it should have been kept to its original design and specifications.
After One Year: Research shows that new cars hit their biggest drop in value within the first 12 months of ownership. After one year, your car will probably be worth about 20% less than what you paid for it.
What decreases the value of a classic car? ›
If a classic car has been kept in great condition and it has no rust spots, chips, sun damage, or other issues, changing the paint from its original colour can reduce the car's value.
How do I find out what my classic car is worth? ›
Some of the best online car evaluation tools include:
- ClassicCarValue.com.
- National Automobile Dealers Association (NADA Price Guide by JD Power)
- Collector Car Market Review (VMR)
- Old Cars Weekly Reports.
- Classic.com.
What increases the value of a classic car? ›
Replace any interior elements that are worn, cracked, or faded. As with any specialty car, old stock is your best bet for maintaining the value of your classic car. Enter classic car shows. One of the most effective ways to increase a classic car's resale value is by participating in car shows.
What is the best selling platform for vintage? ›
Some popular online platforms to sell vintage clothing are eBay, Etsy, Poshmark, thredUP, and Depop. Is there a demand for vintage clothing? Yes, vintage clothing is in demand. According to Statista, the global market value of vintage and resale clothing in 2022 was estimated to be worth 177 billion U.S. dollars.
What is the best website to buy old cars? ›
Best Used Car Websites of 2024
- Best for Cheap Cars: CarGurus.
- Best Advanced Search Functions: Autotrader.
- Best Basic Option: CarsDirect.
- Best for Classic Cars: Hemmings.
- Best for Mobile: Autolist.
- Best for Comparing Options: AutoTempest.
- Best Auction Site: Cars & Bids.
Where is the best place to sell old car? ›
Best Places/Websites to Sell Your Car Online
- Craigslist.com. Rating. 4.5. Pros. ...
- Hemmings.com. Rating. 4.2. Pros. ...
- 7. Facebook Marketplace. Rating. 4.1. Pros. ...
- TrueCar. Rating. 4.0. Pros. ...
- Carvana. Rating. 4.0. Pros. ...
- Vroom. Rating. 3.7. Pros. ...
- CarMax. Rating. 3.6. Pros. ...
- Bring-A-Trailer. Rating. 3.4. Pros. White-Glove service for interested sellers.
Where is the best place to look for older cars? ›
Start by checking the classified ads of local newspapers, classic car publications, classic car clubs, as well as sites like Facebook Marketplace, Craigslist, and eBay.