10 steps to your dream car
1. Be sure of what you want. Research the model that’s best for
you and check it fits in your garage too. Look at the contemporary
road tests to confirm mpg and servicing. Note that price guides are
notoriously inaccurate at this level.
2. Pay particular attention to the colour and specification and
get the opinion of at least a couple of specialists in the marque.
A wrong choice can lose you thousands.
3. When you know what you want, look at the ads in Classic Cars
for Sale and other relevant trader mags over a period of a month to
get the feel of prices. Look at the price of cars a couple of years
older to get the feel of depreciation levels.
4. Unless the car you want is under three years old, it makes
sense to buy from a specialist or franchised dealer with a quality
warranty to back it up. It will cost more up front, but less in the
long run.
5. Be patient and wait for the right car to come up - don’t
accept second best at this level as it will cost you dearly. Your
every move must be carefully planned and executed.
6. Make a shortlist of suitable cars and view them on different
days. This way you have time to consider and digest what you have
seen.
7. When you find a car that suits, demand a test drive covering
at least an hour and in all the conditions you will drive the car
in should you buy, such as heavy traffic, motorways etc.
8. Whilst at the dealer, stay detached and don’t let the glamour
go to your head. Remember; when you’ve had it a few months the
novelty will wear off, so look at the everyday implications.
9. Beware finance deals with a large balloon payment at the end.
The market in supercars is fickle and you don’t want to be left
with large amounts of negative equity.
10. Don’t buy thinking you can use a car like this every day.
Even if you think you can get away with it with the journeys you
make, mileage will kill the value and wear the smile off you face
very quickly!
Need insurance cover?
Towergate Classic Motor can help find the right classic car insurance
cover for your motor vehicle. Call us today on 0870 990
6060 for a quote.