Tuesday, March 10, 2009

Classic Cars Origin and History

Owning a car is a necessity for many people especially in the United States, but for many other – possessing classic cars is a matter of pride and sort of a status symbol. Owning a classic car is in most times as costly as owning a new car as there are many people involved who are in the passion of collecting classic cars. Many classic car enthusiasts collect classic cars for sale as a pastime or a remembrance. But there are several others who collect classic cars as an investment decision. For them classic cars are a way to make profit – these people collect used classic cars and sell it after some time at a higher price than originally brought.

Let us look in detail what a classic car is and about vintage car history. According to the Classic Automobile Club of America and several other organizations worldwide, a classic car or commonly called vintage car can be defined as any car which is more than 25 years of age. Sometimes it is seen that some classic cars are misrepresented as antique cars, but the real classic cars are those certain specific high quality cars from the pre-World War II era. However antique cars are not profitable to use for everyday transportation, these antiques cars are much popular for leisure driving. Vintage cars which had survived for more than 25 years are considered great survivors. And that’s why owning, collecting and restoring such rare Vintage cars are considered as a well-liked hobby by people all over the planet.

Over the years, the Vintage cars market has seen tremendous changes. During the 1980’s the value of Vintage cars has gone a great boom which lasted for several years. But during the early 1990’s there was a great fall in price. Vintage cars collecting can be a type of gambling. According to Vintage cars experts it is better to collect Vintage cars when you get one as the antique car market fluctuates from time to time and the future monetary value of Vintage cars is completely unpredictable.

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