new york classic cars for sale - craigslist (2024)

FAQs

What is the best marketplace for vintage cars? ›

ClassicCars.com was founded in 2002 to provide an online platform for classic car sales. Now, it functions as one of the largest online marketplaces for classic and exotic cars.

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.

High-end classic cars can sell for six or seven figures at auction, but there are plenty of classics valued less than $25,000. You may even be able to purchase classic cars for under $5,000 if you know what to look for and where to look.

The best times to sell a car are Spring and Summer (with some exceptions like selling a 4X4 in Florida in the Summer). Avoid Winter holidays especially, when people are budgeting and not in a car buying mood.

Every gasoline vehicle between 2 and 25 years old with a MGW (Maximum Gross Weight) under 10k lbs must pass an Emissions Inspection every year. NY's emissions inspection is quite predictable. Great news if you have a diesel, electric, brand new, or classic vehicle: you don't need this!

Classic car insurance is usually much cheaper than regular car insurance. According to Baily Insurance Agency, a classic car policy costs around $200 to $600 annually. If you own an abnormally expensive vehicle, your rates may be higher. In contrast, regular car insurance usually costs over $1000 per year.

New York State does not issue a title certificate for any motor vehicle of model year 1972 or older, travel or utility trailer that weighs less than 1,000 pounds, or limited used motorcycle (including a moped).

While mileage is far from the only element determining your vintage vehicle's quality, higher mileage will make it more difficult to sell at a desirable price. This is even more so the case if you obtain a classic car with low mileage.

Are classic cars worth buying? ›

Key Takeaways. For the automotive enthusiast, one way to diversify an investment portfolio is to start collecting classic cars. Most cars lose value immediately after they are driven off of the dealer lot, but classic cars gain in value over time, due to rarity, performance, or special attributes.

Owning a classic car can be pretty expensive when it comes to maintenance, or it can be very reasonable. As a general rule, the more expensive the car, the more expensive the upkeep, but other factors are also involved, including rarity of the automobile, accessibility of the parts, and age of the car.

A 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé is the most expensive car ever sold, having gone under the hammer for a staggering $135m in 2022 - the equivalent of £114.4m. Previously owned by Mercedes-Benz, the car was sold by RM Sotheby's at the Mercedes-Benz Museum to an anonymous buyer.