So, You’re Thinking Of Buying A Classic?..

Like many car nuts, you might strain away from the world of modern, low-ride supercars, and spend hours poring over galleries of gorgeous classic models from times gone by. If you’re now actually considering investing in a classic of your own, it’s important to know this isn’t a decision that you should ever rush into. Here, we’ll look at some of the main pros and cons of owning a classic…

The Pros

So, You're Thinking Of Buying A Classic?...

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– Their Style and Character: While classic cars may not come with all the modern conventions that many of us have become used to, they do come with something that a lot of modern cars sadly lack: sheer style and character. Classic cars always stand out from the crowd, and many will follow gorgeous aesthetic design conventions that you simply can’t find in cars that have come out in the past few years.

– The Experience of Driving One: Though you may not notice it, modern cars are designed to insulate us from the outside world, and everything a car does as it operates. This is fine for most people, but for anyone who eats and sleeps cars, it can feel a little isolating. Classic cars will expose you to much more of the smells, noises and feelings that lead to a richer driving experience, and the opportunity to appreciate every last facet of the vehicle you drive.

– Better Depreciation: While classic cars can depreciate in much the same way as any car, this isn’t inevitable in the same way it is with cars that are being rolled out of the factories as you read. Classic cars tend to be better at holding their value, and if you look after them well and intend to sell them in the right circles, they can even appreciate in value!

The Cons

So, You're Thinking Of Buying A Classic?...

Credit: Public Domain Pictures

Financial Outlay: Getting a classic is really only for people who truly appreciate and understand the vehicles they drive, and are willing to give the car all the care and attention it needs to keep in a good condition. When buying a car, you’re going to be faced with much higher initial costs than more modern cars of the same stature, including higher insurance and possibly services like Shiply if you’re buying from a private owner. After that, repairs and spare parts can cost a small fortune compared to newer models.

– Reliability: Although all cars are prone to mechanical issues, classic cars are much more likely to be affected by serious rust. The bodies of classic cars aren’t designed to stave off rust like newer cars are, and many collectors have learned all about this the hard way. Furthermore, after years of wear and tear, classic cars tend to be less reliable when it comes to actually functioning on the road. Having said that, if you can pin down a classic that’s been taken care of over the years, and you continue to be meticulous with its maintenance, it can run just as well or even better than many other vehicles on the road!

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