How to Value an Antique Car

Collecting antique cars is a pleasure. But one of thethousands of antique makes and models. This can
most frustrating things is trying to figure out justgive you a good baseline as to what others think the
what a particular car is worth.car is worth.
Every year more become classified as antique orWhat is the condition of the car. This is not as much
collector cars. With so many antique cars on theof a factor as supply and demand but it is
market these days, it's getting harder and harder tonevertheless an important factor. First off, you can
keep track of market prices. Luckily there are aignore the odometer readings. Many antique cars,
number of guidelines you can follow to come up withespecially those that have had significant restoration
a fair price for a classic automobile.work done on them, have simply had their
Antique car prices are determined by a number ofodometers rolled back to zero. Unless you're a
factors, but the most important one is supply andmechanic yourself, bring one along to evaluate the
demand. The more popular a car is and the less ofphysical condition of the car. Listen to the engine,
them that are on the road, the greater its marketcheck the wiring, inspect the engine mount and
value. Forget about how much the car sold forignition systems, take it out for a test run. Any
originally. Forget about how much money has beenproblems will normally cause the evaluation price to
put into restoring a car. None of that matters. Howbe adjusted downwards.
popular is the car and how many are there? That'sHas a celebrity owned the car? Celebrity ownership
the most important question of all to ask.raises the price of everything. That the bid price of a
So how can you determine supply and demand?piece of chewing gum spit out by Britney Spears
Where can you find a price list for antique cars? Ifreached $14,000, tells you what celebrity ownership
you want to buy a used car, you can go to thecan do to the price of a classic car. If you are buying
Kelley Blue Book, the standard authority for used cara classic car from someone who claims it was owned
prices in the country. Is there something similar forby a celebrity, be sure to get some sort of
classic cars?document of authenticity - as there is no shortage of
Fortunately there is. The Gold Book has been aroundshysters willing to take your money.
for nearly 40 years, and similarly to Kelley's BlueAnd lastly, keep in mind that collecting antique cars
Book, it is the defacto standard for antique andusually turns into a lifetime hobby. You'll no doubt
classic car prices. They not only monitor auctions allmeet fellow collectors at future auctions and events
over the U.S. but also monitor private transactionsthat can give you further advice about not only
between individuals - as long as they can be verified.valuating antique cars but also can help you find
They also have a web site where you can use theresome really great deals.
on-line search tool to find the sold prices for