If you’re selling a classic car, the dealer themselves can potentially affect the value they’ll assign your car. Has it been neglected and weathered over the years? Or has it been consistently cleaned, stored inside, and thus is in exceptionally good condition? Additionally, they will take into the consideration the rarity of your specific model which greatly affects its value. Car appraisers will consider the book price and then assess the actual car they are viewing. If there is still more restoration to be done, you’ll see a lower value, as the dealer will have to factor in the cost of completing the restoration.Ĭlearly, how you (or previous owners) have cared for the car will greatly affect the value of the car. You’ll see a higher value if your car is fully restored, versus partially restored. What decreases the value of a classic car? If your classic car was modified to your unique preferences and these alterations stray from the original specs, then this will lower the value of your classic car. If the restoration was done by a talented professional, such as those at The Vault, and the car has been restored to mint condition then you will most likely see an increase in the value. ![]() How does restoration affect classic car value? If the car has been restored to factory condition, this is usually a good indicator that your classic car value will match the book value fairly closely, as book value is based upon expected condition. Classic car appraisers also consider a few other factors. The book values from your research provides a starting point for the value of an antique car or any other collector car but when you move to the next step of professional car appraisals, the value may increase or decrease slightly. So what affects the value of a classic car? Calculating the Value of a Classic Car However, the truth is, a classic car’s actual value is based on more than just current classic car price guides. These will get you very close to the price of a classic car. Some of the best tools for car valuation include the classic car values Kelley Blue Book, Nada classic car values guide, Hagerty classic car value guide, or Edmunds classic car values. Classic Car Book ValuesĪ great starting place to determine values for classic cars is to research book values for collector cars. ![]() We have a few tips to determine the value of a collector car so that you have a starting point in finding out what your classic car is worth. ![]() If you’re looking to determine the value of a classic car or any specialty car, whether you already own or are looking to purchase, you’ve come to the right place! The Vault has been in the collector car business for 30+ years and our experts know exactly what to look for in order to figure out the current market value of classic cars.
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