Restoring a classic car gives it new life. But not every car is primed for restoration. It’s important to find a car that will gain value making the investment worthwhile.
This article will discuss the factors to consider when you choose a classic car for restoration.
Budget
Find a car that’s in the best condition possible considering your budget. You will usually find cars that are either mechanically sound with rust on the body, or cars that require mechanical repairs with little rust. It’s best to choose cars that need mechanical replacements, as these parts are typically cheaper to replace than body parts.
Availability of Parts
Classic cars are old, and their parts may no longer be in production. You may have difficulty finding them. If you do find them, they are likely to be expensive. You may find alternate parts that qualify your car for customization or a rebuild which will also increase your costs.
Value
Assess the car’s value. Research to find out how much it will sell for once it’s restored by looking at surviving examples. Doing so will help you determine if it’s a worthwhile investment.
Where to Buy
Classic cars can be purchased from private sellers, dealerships, and auctions. Private sellers may offer low prices, but they often don’t have the expertise to assess the condition of the car. A dealership will be more familiar with the car’s condition, but will charge more for their vehicles. Auctions are ideal for finding classic cars at a low price, but bidding can be competitive and unpredictable.
Buying from a dealership or private seller allows you to negotiate the price. You will be in a position to do so if you find out the vehicle’s market value beforehand.
Your Restoration Goals
Consider the intended use of the vehicle. Will you use it for personal enjoyment, display purposes, or resale? Your goals will help you determine the level of restoration needed and allow you to understand your timeline and the amount of money you will spend.
Inspect the Car
A visual inspection will help you determine the car’s condition. Look at the body, interior, suspension, and engine and check for signs of rust, damage, and wear. You may consider taking it to a professional mechanic before finalizing your purchase.
Timeline
The timeline will be a factor if you need the car for a specific event or want to sell it by a specific date. But let’s face it; no one wants to spend much time on car restoration. They would prefer to enjoy their vehicle.
Several factors will help you establish a timeline. They include the rarity of the parts and the condition of the vehicle. Take these into consideration when deciding to move forward with your purchase.
Choose an Expert for Your Classic Car Restoration
You will get the best value for your vehicle if you work with a restoration expert. An expert will provide quick and efficient service. They will know where to source parts and avoid delays.
JD’s Auto Restoration can handle all your restoration needs. We work on vintage cars and trucks of every brand, model, and era. Contact us to find out how we can get your classic car in tip-top shape.
