atlanta classic cars for sale - craigslist (2024)

FAQs

What is the most sought after classic vehicle? ›

The 1960 Chevrolet Corvette is an iconic American classic car that has stood the test of time as one of the most popular and highly sought-after vintage cars in the market. The sleek and sporty design of the Corvette has always been one of its defining features.

The best way to get started flipping classic cars is to look at the trade websites like Hemmings, Dyler and ClassicCars.com. Work your way backward by looking for vehicles that have already been restored and comparing the work performed against the seller's price.

The best way to sell your classic car for a good price is to use a broker or an auction house. Brokers can search for customers, while auctions gather a number of potential buyers into one place. Selling your classic car online is also a good option and has become more popular in recent years.

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.

First-Generation Mustang or Camaro

If you're handy with a wrench and don't mind getting dirty, there's no better car to restore from the ground up, and sell, than a 1964 -73 Mustang or a 67-69 Camaro. This is because any part that you could ever need is available to order brand new from a catalog or website.

The answer to these questions is, Yes Car flipping is legal, and yes and the process has become much more straightforward and profitable with regular local auctions and the introduction of car auction websites. An average car flipper can profit around $1200 per car (ridester), which is quite alluring!

However, a car show could be the ideal place to sell your classic car since you'll be meeting fellow enthusiasts and interacting personally with prospective buyers. Hagerty recommends checking the car show rules beforehand since you might need to rent a space at the corral and park in a certain spot.

What increases the value of a classic car? ›

Replace any interior elements that are worn, cracked, or faded. As with any specialty car, old stock is your best bet for maintaining the value of your classic car. Enter classic car shows. One of the most effective ways to increase a classic car's resale value is by participating in car shows.

You can determine the value of your classic car by getting an appraisal that reviews current and historical asking prices. Classic car valuation tools can also provide a range of prices that your vehicle may fall into based on its condition.

The financial crisis has forced people to look for new reliable sources of investment, so they put money into vintage cars. A new car gets cheaper every year, but a retro one, on the contrary, gets more expensive every year; it can generate as much income as stocks or real estate.

That said, most dealers who advertise no-haggle policies, especially larger ones, have ingrained it into their business model. This means you are usually unable to negotiate the price of a no-haggle vehicle. You may, however, be able to find exceptions at local dealerships with less strict guidelines.

Classic car appreciation depends on multiple factors, including the purchase price, the condition of the vehicle, the model's rarity, your restoration and maintenance costs, and how much you can sell it for. It's also important to consider the pros and cons of owning a classic car to see if it's worth it to you.

Many people purchase collectible cars as investments because they can appreciate significantly in value over time. Many classic cars from the 1950s and 1960s, such as the Shelby Mustang, Chevrolet Corvette, and Porsche 356, are sought after by collectors.

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. Spider.