Buying a classic car

May 29, 2012 | By | In News

At Motors.co.uk, we pride ourselves on offering a huge range of used cars for everyone, whether you prefer a second-hand Mercedes or a used classic car like a second-hand Austin.

We’ve noticed a definite trend in recent years for younger drivers investing in classic cars, and we were intrigued: why choose a vintage motor over a contemporary car?

One of the first things you’ll notice about a vintage or classic car is that they look completely different to any modern motor available today. Their eccentric and stylish looks lend themselves well to a generation who are interested in being different and standing out from the crowd; plus the appeal of classic car clubs and road-trips with like-minded enthusiasts can’t be underestimated.

Classic cars also have a significant difference to modern second-hand cars when it comes to repairs. While many may think that vintage motors are hard to maintain, with parts being incredibly difficult to replace, the range of manufacturers available online has actually made this job a little easier. Plus, as these sorts of cars were designed to be used frequently and maintained well by the everyday chap about town, basic mechanical skills can help you to keep your vintage car in tip-top condition; cheaper and easier than going to the garage.

Cost efficiency is another part of the purchase of a classic car that has attracted younger buyers looking for something reliable yet doesn’t cost the earth. Modern cars have the tendency to rapidly depreciate after purchase, while vintage cars generally remain stable with good maintenance. Insurance on older cars can also be a lot less than contemporary makes and models of car, partly due to assumptions about the type of driver that owns a classic car, but also because, overall, the insurance for vintage cars is cheaper. One of the most appealing aspects of purchasing a vintage car is that road tax (also known as Vehicle Excise Duty) does not apply to any motors built before December 1973 that are registered as ‘historic’.

The environmental qualities of buying and running a classic car are also appealing; while their fuel efficiency might not be as brilliant as modern-day cars, the lack of electronic gadgetry overall means you are saving energy, plus the small engines limit the amount of energy (and therefore fuel) that can be expended. Plus, instead of contributing to new and over-production, you are helping ‘recycle’ an old car that’s still in good working order.

It’s not surprising that so many young drivers are opting for classic cars, what with the benefits far outweighing the negatives. Which one do you think you’ll choose?

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