If you’ve always fantasized about cruising around town in an old Mustang or any other classic car, finally making the decision to buy one can be one of the most rewarding things you can do for yourself. However, it can also turn into an absolute nightmare and end up with you wasting a ton of money if you’re not careful. There are huge differences between simply buying an old car and buying a classic car, but if you’re not careful, that classic car you’ve always had your eye on could turn out to be a piece of junk. Therefore, it is important that you consider a few important factors before taking the plunge and spending all that cash on your dream car, or else it could end up being a nightmare.
Be On the Lookout for Rust
One of the first things you should do before buying a classic car is to thoroughly examine it for rust. If you are simply buying an old car because you like the looks of it or are nostalgic about it, some minor rust spots on the body probably aren’t a huge issue, as minor rust can usually be easily fixed. However, if you are buying a classic car as an investment, keep in mind that replacing any rusted out parts or panels means the car will never again be considered factory original and thus you’re not likely to make any money on your investment. While minor rust spots are such a big deal, you should definitely stay away from any classic or old cars that have show signs of rust on the under carriage. It’s unlikely you’ll ever be able to fully fix rust on the under carriage and it could eventually lead to serious frame or mechanical issues.