You’ve heard the story as soon as someone drives a new car off a dealership lot, it’s already lost up to 25% of what they paid for it. For many, being the first owner is worth the loss. 
But when that new car smell has faded, and a car owner is ready to sell, the value will generally be much less than what they paid. Of course, some people don’t own an “average” car. They own a classic luxury car which has a different type of value.
Classic Cars are Not “Typical” Cars
The classic car market is not the same as the used car market. The main difference is; a classic car can be an investment while a used car is just “recycled transportation.” People in need of a used car typically want to get the best price for the nicest model. The cheaper, the better. Because over time, these cars go down in value. In contrast, classic cars like vintage Jaguars and classic Porsches may retain value and increase depending on the make, model, and year.
Buyers in the collectible vintage car market make it a point to stay on top of the latest developments. Their purchases usually are considered investments. A buyer may appreciate the sleek, cool style and fun ride of a Jaguar E-Type, but they also keep it for the possible financial gains. The Historic Automobile Group, or HAGI (http://www.historicautogroup.com/), is one resource “historic car investors” follow. Like the stock market, the website reports fluctuations for classic cars like Ferrari, Mercedes-Benz, Porsche, and Lamborghini. Investopedia has a great article about tips for getting into the traditional car market if you want to learn more https://www.investopedia.com/articles/investing/101915/investing-collectible-cars-top-tips-and-risks.asp.
Ready to sell your classic car for cash fast?
Some people who own a classic car might not be interested in creating a financial portfolio out of it. They are ready to sell it to a respectable buyer for a fair value. Unfortunately, most owners of a single vintage auto don’t know how to find the right buyer. A “broker” with expertise in the vintage car market can help make the exchange fair, comfortable, and quick. Dusty Cars can do all three! We love the classic car business and everything about it. If you own a model older than the 1990s, we want to look at it. There is an extensive list of makes and models we are ready to see (https://dustycars.com/). A few brands our buyers are eager to find include Ferrari, Bugatti, Maserati, VW, and BMW. Mercedes-Benz and Porsche.
Congratulations, you just won the Classic Car Lottery!
There have been times when we’ve been surprised after assessing someone’s vintage luxury car. Sometimes a vehicle stored away for years has been secretly increasing in value. By the time we arrive, it can provide a substantial return to the owner. This is the kind of news we enjoy giving. Finding a rare beauty and knowing a new buyer is ready to enjoy it is always a treat.
But either way, a classic Jaguar or Porsche in good condition will be valuable. And we will make a decent offer! In conclusion, if you own a classic auto and want to spend your time on something other than studying the market and finding a respectable vintage car buyer, contact us. You can sell your classic car for cash fast and turn that money around to invest in your life however you wish.