Peter Brotman Offers Smart Ways to Maintain and Increase the Value of Your Classic Car
Classic cars are more than just a mode of transportation. They’re a piece of history that takes us back to bygone eras – when car design was still an art form. If you’re lucky enough to own a classic car, you know how important it is to maintain its value. In this blog post, the expert Peter Brotman will share seven smart ways to keep your classic car in top shape so you can enjoy it for years.
1. Keep it Clean
The first and most obvious tip for maintaining the value of your classic car is to keep it clean. Regular washing and waxing will help preserve the paint and prevent rust from forming. Be sure to wash your car after every drive, especially around the wheels and undercarriage. You don’t have to go to a professional detailer every time, either – just keep a good quality car wash soap and microfiber towels handy.
Another way to keep your car clean is to protect it from the elements. Invest in a good car cover, and use it whenever you leave your vehicle parked outside. This will help minimize the amount of dirt, dust, and moisture that could potentially damage the exterior of your car.
2. Regular Maintenance
Regular maintenance is key to keeping your classic car running smoothly. You should always follow the manufacturer’s recommended service schedule and have any issues fixed as soon as they arise. This means changing the oil, checking the brakes, tires, and suspension, and keeping the fluids topped up.
3. Storage
Where you store your classic car is just as important as how you maintain it. Ideally, you should store your car in a garage or other covered area protected from the elements. If you must park your car outside, invest in a good-quality car cover to protect your paint and interior from damaging ultraviolet rays and weather. Also, consider investing in a battery tender or trickle charger to keep your battery charged and prevent damage from winter cold.
4. Original Parts
When repairing or replacing parts on your classic car, always use original or high-quality aftermarket parts specifically designed for your make and model. Using the wrong parts may cause damage to your car and lower its value. Also, be wary of buying cheap parts online – sometimes, the advertised savings can be too good to be true, and you may end up with low-quality or even counterfeit parts.
On the other hand, if you find original parts for your car, consider yourself lucky – they can often help maintain or even increase the value of your classic.
5. Document Everything
Keeping meticulous records of your classic car’s maintenance and repairs can help increase its value when it comes time to sell. Save receipts, invoices, and service records in a safe place and keep a logbook of your work on your car. Also, consider taking photos of your car at various stages of its restoration or maintenance.
You can also contact the prior owners of your classic car and ask them to provide copies of their documentation. This will give prospective buyers a comprehensive view of the car’s history and condition, increasing its perceived value.
6. Drive it Regularly
Classic cars were designed to be driven, not just stored in garages or showrooms. Regularly driving your car keeps it in good running condition and prevents rust from forming in the engine and other parts. Aim to drive your car at least once a month to keep all its parts lubricated and working properly.
On the other hand, if you’re looking to increase the value of your classic car for resale, it’s best to avoid driving it too often. This means limiting long-distance trips and avoiding highways where possible. Remember – a classic car driven sparingly will have more value than one seen many miles on the road.
7. Know Your Car’s Value
Knowing your car’s value is vital if you plan to sell it someday. Keep abreast of the market by following classic car auctions and sales results so you can gauge your car’s value accurately. This also helps you make informed car repairs, maintenance, or upgrades decisions.
For example, if you discover that the market for your car’s model is trending downward, investing in restorative repairs may not be a good idea. Or, if you plan on keeping your car for yourself but want to increase its value over time, upgrades such as improved brakes or suspension systems can help you attain this goal.
Final Thoughts
Peter Brotman, founder of Iconic Ignitions understands that owning a classic car is a unique experience, but it also comes with its own set of challenges when it comes to maintaining its value. By following these seven smart tips, you can keep your classic car in top shape for years and ensure its value continues increasing. Remember: restoring a classic car isn’t easy, but with care and attention, you can have a piece of automotive history worth more than its weight in gold.
