classic cars for sale near Dallas, TX - craigslist (2024)

FAQs

Are classic cars selling now? ›

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.

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.

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.

“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.”

Repairs & Restoration

So, the most effective way to increase the value of your classic car is to restore the vehicle and repair broken or rusted parts and mechanical components.

Mileage. They say a new car starts losing value the moment it's driven off the lot and the odometer starts going up. Cars that have high mileage are usually more susceptible to general wear and tear, but if miles have been kept low on a classic car, over time it can regain that value.

Is there money in selling classic cars? ›

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.

Many people tend to look at Europe; warm, dry climates such as Greece and the Mediterranean islands have been a plentiful source of cheap, rot-free classics, especially considering their depressed economies and low asking prices.

For insurance and registration purposes, the age of a classic car, in most cases, is at least 20 years old but not more than 40 years old. If you are going to register it (and insure it) as a classic, it should have been kept to its original design and specifications.

1. Ford F-Series. The Ford F-150's offers the best attributes of a modern pickup: power, efficiency, comfort and capability. Add to that a huge range of configurations and options, and you've got the best-selling vehicle in America for 2023.