Classic Cars for Sale in Merced, CA (2024)

FAQs

Where to find classic cars to flip? ›

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.

Start by checking the classified ads of local newspapers, classic car publications, classic car clubs, as well as sites like Facebook Marketplace, Craigslist, and eBay. Buying from a private owner also means you can test drive the vehicle, and the owner should allow you to have a mechanic inspect the car.

After a brief bump last month, the Hagerty Market Rating slipped yet again. The Market Rating has dropped 19 of the 22 months since its 78.22 peak in the summer of 2022, to its lowest value in three years.

The MG marque has been revived with a series of SUVs and electric vehicles but the classic MG scene is still very much alive and kicking. The MGB model was offered as a convertible or coupe and also had a range topping MGB GT version which we'd suggest keeping an eye out for.

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.

Use the car's flaws as leverage in the negotiation process. If there are any issues with the car, such as a dent or scratch, use those as bargaining chips to lower the price. Finally, consider other negotiating factors, such as financing and warranty, that may impact the overall cost of the car.

Bill amended so pre-1976 vehicles will not be banned from roads. California is continuing its push to clean up its air by trying to block more older vehicles from staying on its roads. But unlike earlier versions, classic cars still will be allowed to cruise the California highways.

“Regular maintenance from specialists who understand these specific models can mitigate some issues, but a higher frequency of breakdowns should be expected compared to more modern classics.”

Will classic cars be banned after 2030? ›

While it could indirectly affect classic cars and collectors, governments are more focused on limiting new gas-powered cars instead of old ones. In summation, classic car owners shouldn't spend too much time worrying about the future. New cars may be different, but there will always be room for classics.