The term classic car is really a catchall term used to describe any vehicle manufactured prior to 1980. Automobile collectors are interested in classic cars for their age, beauty, rarity, condition, utility, personal emotional connection and other unique features. Pursuing a love of classic cars is way of looking fondly and nostalgically back at our culture’s history; classic cars are a part of our personal history.
Although the most rare vehicles traditionally sell for more money, scarcity and desirability don’t necessarily go hand in hand. For instance, muscle cars from the 60s and 70s reached the height of their popularity recently and they are hardly rare but appeal to baby boomers who can relate to these cars from their youth. What those these buyers want are the cars they lusted after when they were in high school. Each generation makes its own choices about what cars it will value and the importance of the classic car buyer’s high school daze is one deciding factor. This blogger would love an ’85 Chevy Camaro Z28, fondly remembered as the first fast car in which I rode fast (with a fast boy) and I found a few at oldcaronline and Fossilcars two great resources for searching across the country for a classic. Don’t let your dream vehicle transaction turn into a financial nightmare, be smart and use PaySAFE escrow sevice to ensure a safe and secure financial transaction when buying without the use of a broker.
PaySAFE allows you to close deals with peace of mind that everything was properly documented. Create your own transaction in minutes with our easy to use step-by-step instructions. PaySAFE allows you to create and close transactions safe and secure by:
- Creating a Purchase agreement
- Uploading photos and supporting documents
- Tracking communication
- Utilizing Escrow service for Financial Security
Buyers: Funds are only released once you have received your vehicle as agreed
Sellers: Eliminate financial fraud and scams while securing the buyer’s funds upfront