| The start of 2008 brought great pleasure for those | | | | a new hot hatch and the difference can run to |
| closely watch the motoring industry - and especially | | | | hundreds of pounds. Classic car insurance quotes can |
| those settle to nothing but a super car. First, through | | | | be very competitive. |
| the internet and email I received a picture of a | | | | 2. Zero road tax. In the UK historic cars built before |
| garden shed on wheels- with a clever fake press | | | | 1973 qualify for zero-rated road tax. You need to |
| release heralding the launch of the new Daewood car. | | | | display a tax disk which cost nothing. |
| This looked quite funny. | | | | 3. It makes financial sense. The moment you drive |
| Then, in India, Tata Motors launched the world's | | | | your cheap low quality car you lose 30% of its value |
| cheapest new car...the $2,500 Nano. Keen | | | | straight away in depreciation and it no longer remains |
| industry-watchers were amazed at the "breathtaking | | | | a new car. But if you invested in a classic car in good |
| innovations in manufacturing technology in the global | | | | condition - and kept it smart - its value remains same |
| automobile industry based on severe cost-cutting". | | | | and in some cases it might even increase. |
| Others with conservative approach especially in USA | | | | 4. Cheaper repair bills as it can get repaired anywhere |
| described the car as "a golf cart crossed with a jelly | | | | any parts are easily available. |
| bean." | | | | 5. The classic cars are more environmentally-friendly. |
| But both events got me thinking - why will | | | | Buying and using a classic car is recycling |
| somebody buy new 'Eurobox car' when one has the | | | | par-excellence. Spare parts for older cars are |
| option of fantastic classic vehicle? This comparison | | | | readily-accessible, so keeping your classic running is |
| baffled my colleagues at Sureterm Direct - the UK's | | | | very environmentally sound. |
| leading specialist classic car insurance company - along | | | | 6. In a classic vehicle you are driving around in |
| with them here I jogged 7 reasons to buy a classic | | | | something that is instantly recognizable and draws |
| car instead of a faceless, cheap, under-powered, | | | | attention. |
| Euro-shed. | | | | 7. Social networking. There are lots of classic car club |
| 1. Better insurance deals. The country's leading | | | | and you can join the elite group. For example, there |
| specialist classic car insurer says, the costs of insuring | | | | are events for VW Beetle owners almost every |
| a classic MGB can be considerably less than cover for | | | | weekend. |