atlanta classic cars for sale - craigslist (2024)

FAQs

What is the most sought after classic vehicle? ›

We found that some of the best places to sell your classic car online are AutoTrader, Hemmings and ClassicCars.com. All three companies offer different advertisem*nt packages, some of which include featuring your ad more prominently in search results.

Usually, the classic car moniker applies to vehicles over 20 years old. Antique cars are over 45 years old, and vintage cars are built between 1919 and 1930. But as with many subjects in the motoring world, not everyone can agree on a single definition.

Classic cars can be a risky investment. Even if you purchase a model that significantly increases in value after you buy it, you may still put more money into it with repairs and maintenance costs. Additionally, collector trends are unpredictable, so you can't bank on a specific model dramatically increasing in value.

You have many options for places to sell your classic car: through a dealer or broker, on a reputable website, at auction, at a car show, in a classified ad, or parked in a visible spot.

Sell Your Car

The sale of a classic car typically means a profit for car owners, especially if you haven't needed to invest much in restoration or upkeep. If you're looking to take a more hands-off approach to earn money from your vehicle, selling your car could be the simplest solution.

Classic car insurance is usually much cheaper than regular car insurance. According to Baily Insurance Agency, a classic car policy costs around $200 to $600 annually. If you own an abnormally expensive vehicle, your rates may be higher. In contrast, regular car insurance usually costs over $1000 per year.

Insurance Company Classifications

Insurers generally consider vehicles 20-30 years old as classics, with gaps in the ranges they cover. For example: State Farm classifies 10 to 24-year-old vehicles with “historical interest” as “classics.” American Collectors Insurance defines classics as vehicles over 20 years old.

What year car is considered a classic? ›

A car is considered a classic in California if it's at least 25 years old, was manufactured after 1922, and is of historic interest. When a vehicle in California meets these requirements, the owner can register it as a historic vehicle, which will allow the car to use special license plates.

Improper storage of a classic car

Avoid dirt and gravel which can create excessive moisture resulting in rust which may degrade your car. Instead, opt for solid flooring with good drainage. Additionally, you're going to want a secured space that is insulated.

For instance, if you purchase a vintage car that has 50,000 miles and you end up adding 25,000 before reselling, that will likely significantly reduce its value. On the other hand, if you purchase a classic car with high mileage, adding more miles won't impact its value nearly as much.

1963 Ferrari 250 GTO ($70M)

This ride is an undeniable collectible that became the most expensive classic car in the world when it was sold to WeatherTech founder David MacNeil for $70 million in 2018, which was $62 more than the '62 Ferrari 250 GT SWB sold in 2022 and $42 more than the S N.A.R.T.