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Showing posts with label classic car prices. Show all posts
Showing posts with label classic car prices. Show all posts

Thursday, April 23, 2009

Classic Car Blue Book

If you are planning to sell or buy a classic car to a vehicle dealer, you should be aware of the basic process in determining the worth of the car. This would ensure you would not be scammed and taken for granted by car dealer experts. You should know the classic car blue book, and know the real value of your most precious classic car.

* What is the Blue Book value?

The Blue Book value is a basic term used in the car-buying business. It means the worth or cost of a vehicle. This vital book determines classic car prices or prices of what dealers are willing to pay for a classic car.

* Where could you find the Blue Book value?

There are several resources responsible for determining the classic car values. The two most popular is the Kelley Blue Book and the N.A.D.A. Appraisal Guides.

The Kelley Blue Book, which invented the term Blue Book, is a principal source for determining the loan value on classic cars. It has been providing information for 75 years.

The N.A.D.A. Appraisal Guides, which was established in 1933, is another helpful Blue Book that provides car buyers to review the car’s worth.

* How does the Blue Book determine the value of a classic car?

How old must a car be to become classic is also considered in determining a value of a classic car. The Blue Book calculates the value of your car based on the make, the model and year. The book also considers factors such as conditions of the classic cars, mileage and other options. The majority of the popular Blue Books are free for public use in their respective web sites. They provide user-friendly worksheets to help determine the appropriate value of a classic car. Being aware of the Blue Book value of your car would help you search for a fair deal.

If you’re planning to buy a classic car from a classic car trader, you should determine how much money you are willing to spend. Consider the additional expenses such as the tags when applying for a car loan, extra tax, and purchasing of the car title. If you are selling a classic car, you should consider the money you had spend to maintain it.

Wednesday, March 25, 2009

The True Classic Car Values

Classic cars are the most sought out vehicles of all. Although they are older models that are no longer being built by the manufacturer, classic car values are way over the car line.

These models are rare finds and while their financial value may fluctuate in the intervening years, these cars are still beloved by the people who own them because of the nostalgic air that they have, that unmistakable quality of a bygone era of car manufacture. With that in mind, what exactly defines a classic?

According to the classic car blue book, a classic car is, simply put, a car that belongs to the highest levels of style and class, the type of car that inspires modern myths. Some examples of this type of car are the legendary pink Cadillac and the equally revered Chevy Impala. They are typically over 25 years old and are often compared to fine wine, in the sense that these cars can only get better with age and that classic car prices can only get higher when time comes.

Much like the art world and their masterpieces, no single definition appears to cover and appease all groups with regards to these cars. Groups often argue as to how old must a car be to become a classic but most hold it at around 15-20 years from the original year of manufacture. In the auto world, one of the most sought after events are classic car shows. This is usually one of those events where you can find lots of car lovers and classic car trader which decide on what a classic car should be.

In the end, if someone is looking for old cars for sale, one should use a classic car list that fits one's needs. There is currently little consensus as to how to exactly define a car but some elements, like insurance and popularity, should play a role in how a person defines the term "classic car." However, all these groups agree that a classic, beyond the objective level, is a model of car that inspires memories of past decades and must have potent nostalgic presence.