ADDING VALUE TO YOUR CLASSIC CAR
Do you feel as though your classic car isn’t worth as much as it could be? If so, then now is the time for you to try and take action against that. If you don’t, then you may find that it is harder for you to not only sell it, but also to maintain its value, which is the last thing you need when you have already invested so much in your vehicle.
Retail Authenticity
Collectors often pay more for cars that have all of their original parts and fittings. A car that still has the original paint job is also worth more. If you have a car that, although it shows its age, hasn’t been changed that much, people will respect this. If you do need to make some changes or repairs to your car, then you should at least try and invest in some original replacement parts. When repairs are done with original replacement parts, you may find that this increases the value of your car. Even though you will be paying more for them, the result will mean the money is put right back into your bank account.
Accumulate a Paper Trail
Another thing you need to do is try and accumulate a paper trail. Maintenance records, payment slips, and even restoration certificates are all important, and if you keep them for the lifetime of your vehicle, then you will soon find that the value is significantly increased. Manufacturers and even auction catalogues are also very good here. If you have the auction catalog or even the manufacturer’s catalogue that shows the car, then this adds to the authenticity, and you may find that this adds up to 20% to the value of the car. If you want to get your car valued, consider looking into a Porsche Speedster valuation online. This is a good way for you to get a benchmark for what you are working with right now.
Avoid Tech
Another thing you need to do is try and avoid technology. Modifying or even updating your classic car by adding some improved safety systems can be tempting, as can upgrading the engine. With that said, upgrades can easily compromise the look of your car, and they can also affect the feel and general performance, too. This can make it really off-putting to collectors, which is the last thing you need. If you want to add value, then try and keep as many original features as possible. If you want to try and maintain your car for your own reasons or if you don’t intend to sell it, then obviously, you can probably make additional changes here, but at the end of the day, you will need to give this some serious consideration. This is so you can make sure that you’re happy with the result, and that you are also confident that what you have done is going to enhance your car, rather than just installing tech for the sake of it, just because it’s modern.
